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French hotels estimated to have lost 270m euros from Paris attacks

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Published Wed, Jan 20, 2016 · 09:50 PM

Paris

THE deadly attacks in Paris in November have cost French hoteliers an estimated 270 million euros (S$424 million) in lost revenue and could continue to have an impact on hotel occupancy rates, research firm MKG Group said on Tuesday.

The hospitality research firm said the sector was still suffering in January but there is some prospect of a recovery from mid-February, provided there are no more incidents.

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