In Paris, the tourism sector has begun to recover after a difficult period of the pandemic. It should also be noted that the recovery is proceeding at a very dynamic pace. The tourism sector is actively supported by the country’s government.
And this cannot go unnoticed by investors. After all, investments in the hotel sector of Paris are now one of the most promising areas.
If we compare other markets, the demand for hotels has been growing at a steady pace since the summer of 2021. This is happening because tourists from France, as well as from other European countries, are returning. Experts assume that tourism will recover to the level it was at before the quarantine restrictions.
During the pandemic, the Paris real estate market has proven its resilience. There were no problems with sales during such a difficult period. And this European capital continues to be a popular destination for tourists, as well as for investors in the real estate market.
Further development prospects for the hotel sector are very good. Compared to other European capitals, Paris hotels have not lost their efficiency during the pandemic.
In addition to the main tourist destination, Paris is planning to host large-scale events in the coming years. And this only increases revenue in the hotel sector.
Paris is a city where the main flow of investment is directed specifically to the hotel business. And this trend is not observed in every European capital.