Paris 'palace' hotels face growing challenges
Terror attacks, websites like Airbnb, rising number of luxury boutique hotels chipping away at these palaces
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Paris
LUXURY hotels in Paris have taken a beating this year, with the Charlie Hebdo attacks scaring off visitors and websites like Airbnb stealing away clients, but analysts say the lure of the "palaces" has not yet faded.
"The shock of Charlie (attacks) affected us enormously in the first quarter, our occupancy rate was easily down by 20 per cent and it took us time to get back up to speed," says Michel Jauslin, director of the Park Hyatt Paris Vendome.
Share with us your feedback on BT's products and services
TRENDING NOW
Vietnam acts fast to shield firms, households from fuel price surge
Beijing’s calculated silence on the Iran war
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
