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🍴 In Paris, Coya restaurant, part of the Turkish group D.ream and specializing in Peruvian cuisine, suddenly closed, leaving 30 employees jobless—down from 75 at its opening. Opened in 2019 in the Beaupassage district, the 300-seat venue known for its festive atmosphere shut down without notice during a staff meeting. Closure reasons included neighborhood issues, high rent, and decreased weekday patronage. Coya Global, with about a dozen restaurants worldwide, plans to focus on the Côte d’Azur. The business was unsuccessfully offered to investors by D.ream's CEO, Frenchman Jean-François Casanova.

📖 A French decree from February 13, 2025, expands on the December 17, 2002, decree, mandating the display of meat origins in restaurants, including where the animals were born, raised, and slaughtered. Initially a temporary measure from March 1, 2022, to February 29, 2024, this requirement now also applies to pork, sheep, and poultry meats and affects dine-in, takeout, and delivery establishments. Meat origin must be visibly indicated on menus or other materials, clarifying the country of birth, raising, and slaughter for customer awareness.

🏨 In 2024, the hospitality sector in the GCC region, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, saw a 5.4% increase in revenue per available room (RevPAR) compared to 2023, with occupancy rates reaching 69.5%. This growth exceeds pre-pandemic levels, driven by initiatives like Saudi Vision 2030 and UAE's "We the UAE 2031". Luxury hospitality emerges as a key growth driver, with exclusive insights to be shared at Arabian Travel Market (ATM) 2025.

💸 Accor's financial results presented by Sébastien Bazin and Martine Gerow for FY 2024 show a revenue of €5.6 billion, up by 11% from 2023. Premium, Mid-range, and Economy division grew by 5%, while Luxury & Lifestyle soared by 19%. The group's operating profit (EBE) reached a record €1.12 billion, a 12% increase from 2023, surpassing pre-Covid figures around €500 million. Accor's RevPAR is supported by occupancy rates and average price growth, with 290 hotel openings in 2024.

💼 On March 8, the International Women's Rights Day highlighted the persistent inequality between women and men in businesses and administrations, noting a lack of real commitment from employers and governments to enforce laws for professional equality. Women earn on average 23.5% less than men (including part-time work), hold 42.6% of management positions despite being more educated, make up 57% of minimum wage earners, occupy nearly 80% of part-time jobs (many of which are involuntary), and receive pensions that are 38% lower than those of men.

📈 Sébastien Bazin's mandate as president is renewed for three years post-2024, following Accor's strong performance results. The board's confidence stems from significant KPI growth, with double-digit increases in gross margin, net results, and royalty valuations since Covid. Bazin's focus includes improving operational performance and accelerating geographical expansion, particularly in Latin America, where he spends 75% of his time.

📍 In 2025, travel trends include discovering lesser-known areas of Japan like Kyushu and Shikoku, and the rise of sustainable tourism in East Africa's Tanzania, Kenya, and Rwanda. Latin America, with countries like Colombia, Peru, and Costa Rica, remains popular for cultural richness and magnificent landscapes. Travelers are embracing longer stays for slow travel to reduce their carbon footprint, and digital nomadism continues to grow, with destinations like Bali, Lisbon, and Medellín leading, along with emerging cities like Tbilisi and Chiang Mai. Authentic local experiences, such as cooking with Italian grandmothers or fishing with Norwegian locals, are also in demand. Budget travel options include Southeast Asia, the Balkans, and Central America, leveraging couchsurfing, hostels, and local transport. For more luxurious travel, options include bespoke journeys with personal guides and premium services. Travelers are advised to book in advance, use flight and hotel comparison tools, purchase travel insurance, and be aware of health requirements.

🏨 Logis Hôtels, a key player in independent hospitality, experienced a reduction of its hotel network in 2024. Despite this, revenue growth was driven by improved digital tool use and an upgraded service range. Karim Soleilhavoup, the group's CEO, discusses industry changes, distribution mix evolution, and new performance strategies aiding hoteliers amidst economic uncertainty. Leadership is gauged by hotel and room count, loyalty program size, and customer satisfaction.

🏨 Mindston Capital launched FPCI Hôtels Signature 2 in January 2025, targeting French coastal hotels with a €60 million investment goal. The fund aims for a 9% annualized net return, focusing on upgrading services and sustainable development, including seeking the "Green Key" label for its establishments. Following their hospitality investment strategy, the fund will enhance hotel portfolio performance along the French coastline by upgrading and adopting new management models while preserving identity and seeking eco-responsible labels.

🏨 Covivio, in 2024, focused on the hotel sector, with 67% of its €1.1 billion investments dedicated to hospitality. The company completed an asset swap with AccorInvest and acquired new properties in Southern Europe, strengthening its market presence. Covivio's portfolio adaptation and quality enhancement led to a projected +10% growth in recurring profit for 2024 and a proposed +6% dividend increase at the next General Meeting. Hotel revenues grew by 7.2%, with variable revenues up by 11.9%, maintaining a high hotel occupancy rate of 97.2% and firm lease contracts averaging 6.2 years in duration.