New Year’s celebrations and multiple events pushed Paris hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for January, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
January 2025 (year-over-year % change):
Occupancy: 66.6% (+6.5%)
ADR: EUR355.96 (+6.3%)
RevPAR: EUR237.03 (+13.3%)
Paris hosted several events later in the month, including Pharmapack (22-23 January), IMCAS World Congress (30 January-1 February), and two Fashion Weeks (Menswear on 21-26 January and Haute Couture on 27-30 January).
The second night of the Menswear Paris Fashion Week overlapped with the first night of Pharmapack and pushed the market’s occupancy to a high of 84.7% on Wednesday, 22 January. ADR was above EUR400 on three straight nights from 24-26 January.
ADR and RevPAR peaked on New Year’s Day at EUR469.47 and EUR373.37, respectively.
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