10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Cannes’ hotel industry puts on a show

  • m.welsch
  • 5 June 2025
  • 2 minute read
Total
0
Shares
0
0
0

This article was written by HospitalityOn. Click here to read the original article

image

Cannes shone more brightly than ever at this year’s edition of its famous festival dedicated to the 7th art, with attendance up by 4%. A total of almost 40,000 accredited festival-goers and 15,000 professionals attended from 13 to 24 May. David Lisnard, Mayor of Cannes, points out that “these figures only cover a fraction of the total attendance. There were tens of thousands of other visitors to the event”.

“The International Film Festival has assumed its status as the biggest cultural event in the world […]. […] These human flows, around our Palais des Festivals et des Congrès – France’s leading convention centre in terms of turnover, ahead of Paris – and in all areas of the town, are vital for our destination. David Lisnard, Mayor of Cannes

According to the Mayor of Cannes, the festival generates economic spin-offs of over €200 million and ‘irrigates the entire professional fabric of Cannes and the Côte d’Azur’. It’s an event that’s all the more vital for Cannes’ hotel industry, since the festival ‘generated 20% of the annual turnover of hoteliers, i.e. around 80,000 overnight stays’.

Midscale and upscale hotels, the stars of the Cannes Festival

Festival de Cannes 2025 par Hospitality ON 

Trending
Hyatt to acquire Standard Hotels

While the previous edition of the Festival performed well, with a stable occupancy rate and rising average prices, what about this year? It would appear that the results are more or less the same. Attendance is almost the same as last year (-0.1 points), while average daily rates continue to climb (+13.5%).

The price elasticity of the city’s hotels during an event attracting such a large number of visitors enabled the city’s hoteliers to see their RevPAR grow by 13.4%. The large number of foreign festival-goers means that prices can easily be driven up, especially during such a high-profile…

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Revenue Management

Minor Hotels Europe & Americas to delist from the stock exchange by the first half of 2025

  • b.courtin
  • 24 July 2025
View Post
  • Revenue Management

Hilton Reports Q2 2025 Results

  • LODGING Staff
  • 23 July 2025
View Post
  • Revenue Management

Business travel costs expected to stabilize in 2026

  • Automatic
  • 23 July 2025
View Post
  • Revenue Management

The 4Ps of Revenue Management: The Virtuous Circle to Boost Your Bookings

  • Automatic
  • 22 July 2025
View Post
  • Revenue Management

Hotel bidding sites: The ultimate guide for hotel owners

  • Automatic
  • 21 July 2025
View Post
  • Revenue Management

From revenue manager to revenue strategist: how to make more hotel revenue

  • Automatic
  • 21 July 2025
View Post
  • Revenue Management

The Five Stages of Rate Parity Acceptance

  • Vikram Singh
  • 17 July 2025
View Post
  • Revenue Management

15 Revenue Management Myths & Misconceptions

  • Automatic
  • 17 July 2025
Sponsored Posts
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ

    View Post
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers

    View Post
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ

    View Post
Last Posts
  • New on the Menu: Four summertime dishes in New York City
    • 25 July 2025
  • Renaissance Chicago North Shore Hotel Completes Renovation
    • 25 July 2025
  • Crescent Hotels & Resorts Announces Opening of The REMI Scottsdale, Autograph Collection
    • 25 July 2025
  • The Venetian Resort Las Vegas Debuts New Signature Suites
    • 25 July 2025
  • A Growing Cost Center: Monitoring and Managing the Rise in Technology Expenditures 
    • 25 July 2025
Sponsors
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.