Hotels de Paris Sees Steady Growth Amid Major Events

Hotels de Paris (FR:HDP) has released an update.

Hotels de Paris reported a slight increase in turnover for the first half of 2024, with stable occupancy rates and average accommodation prices compared to the previous year. The performance was buoyed by major events like the Agriculture Fair, Global Industrie Fair, and the Olympic Games Opening Ceremony, despite some disappointing results in June due to adverse weather, political context, and Olympic-related disruptions. The company anticipates a strong performance during the Olympic period following deferrals from early June.

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