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🏨 Kyriad Prestige Compiègne reopened on November 12, 2024, after a year of renovations. The €5 million project, led by Groupe SOGEPAR with Agence MOHA and Leveque Architecture, is part of a broader initiative to modernize over 200 Kyriad hotels in France. Louvre Hotels Group aims to revamp 80% of its hotel park by 2028. The hotel now features 64 updated rooms, including standard, twin, superior, and junior suites, plus wellness facilities like a fitness room and sauna.

🏨 As of November 14, 2024, hotels and tourist service providers in Europe can offer better rates on their own sites or other platforms than those on Booking.com, following the Digital Markets Act (DMA) by the European Commission to curb dominant platforms' abuses and enhance competition. This affects Booking, Alphabet, Amazon, Apple, Meta, and Microsoft by promoting fair competition, innovation, and consumer choices. Booking.com is complying, under close watch by the Commission, which may impose fines for non-compliance.

📊 Frasers Hospitality stabilized financially and focuses on development. Benjamin Kuah promoted to CFO in September 2024, previously finance head since January 2024. Kuah, 44, oversees finance, taxation, treasury, and compliance; ex-CFO at Paragon Reit, accounting graduate from Nanyang Technological University, certified accountant. Chang Tou Chen appointed non-executive, independent director and Audit, Risk and Compliance Committee member in October 2024; over 20 years in banking, ex-managing director at HSBC for Southeast Asia, held roles at Citigroup and Schroders, and was a director at Frasers Commercial Asset Management Ltd from 2017 to 2020.

📈 An Accor study reveals that professionals worldwide believe in-person meetings could boost business revenue by 36% and increase contract signings by 37%. Data from 9,000 global participants shows 85% feel prioritizing face-to-face interactions would significantly enhance their company's revenue, predicting an average rise of 36% by 2025. Despite the digital age, human connections in business settings are seen as key to efficiency and performance.

🏖 Alliance France Tourisme reported in autumn 2024 a 5-point increase in Paris bookings for Notre-Dame's reopening weekend. Aéroports de Paris saw a 3.1% passenger increase in September and SNCF Voyageurs' traffic rose by 7% during Toussaint. However, accommodations' revenue fell by 3.8% in hotels and 3.3% in tourist residences. Occupation rates dropped by 1.7 points compared to 2023 and 2 points from September 2022.

🏖️ In 2025, 64% of French travelers plan to go abroad, up 5% from the previous year. Notably, 75% of Gen Z travelers are internationally inclined. Event-driven travel is appealing to 48% of French voyagers, while a staggering 83% of Gen Z are drawn to concerts and festivals. Eco-conscious lodging is a priority for 55% of French travelers, particularly among Millennials and Gen Z. SiteMinder's "Changing Traveller Report 2025" highlights the French Gen Z's shift towards unique, sustainable travel experiences.

💰 Le 14 novembre, la Commission européenne a nommé Booking "contrôleur d'accès" selon le Digital Markets Act (DMA), influençant la stratégie tarifaire des hébergeurs européens. Booking s'engage à ne pas augmenter ses commissions ou retirer des offres en représailles à des prix différents sur d'autres canaux. Selon HOTREC, 40% des hôtels dénoncent des sous-cotations d'OTAs, et 44% des hôtels sont affectés par le "multi-sourcing". Booking représente 71% des réservations des hôtels européens. Skift Research prévoit que d'ici 2030, les réservations directes surpasseront celles des OTAs.

📊 Franchise Expo Paris, returning March 15-17, 2025 at Porte de Versailles for its 43rd edition, expects over 30,000 visitors to explore 500 brands across 90 sectors. On the eve of the national career change day, November 14, Véronique Discours-Buhot of the French Franchise Federation highlighted an Opinion Way study showing two-thirds of employees consider a career change, with 37% contemplating entrepreneurship, highlighting the benefits of franchise support.

🏦 In the heart of Paris' 6th district, Hôtel La Perle, Hôtel Le Relais Saint-Germain, Hôtel Bel Ami, Hôtel Baume, and Millésime Hôtel offer day use luxury with reduced pricing and free cancellation options. Facilities range from air-conditioned rooms, free Wi-Fi, fitness centers to spas and on-site dining, exemplifying comfort and elegance in the historic Saint-Germain-des-Prés area, close to attractions like the Jardin du Luxembourg and Café de Flore.

🏡 Condhotels, a hybrid of condominiums and hotels, are found in busy cities and tourist spots, offering hotel services like reception and housekeeping. Italy introduced condhotels with the "Décret sblocca Italia" (Law No. 164/14) and further regulated them with Presidential Decree No. 13/2018, mandating a minimum of 7 rooms, unified management for at least 10 years, and a hotel classification of at least 3 stars. Owners have traditional responsibilities, while operators manage marketing, accommodation, guest services, and housekeeping, often supported by hotel PMS solutions like WuBook's Zak.