The owners of hotel businesses (or even walls) are the most exposed to the crisis. Even at a standstill, they face incompressible charges (electricity, maintenance contracts, plumbing, rubbish removal taxes, etc.) which they struggle to pay. They are therefore much more vulnerable than franchisors (such as Marriott, IHG, Accor, etc.), to whom they sometimes entrust the management of their hotel. These owners sometimes owe the survival of their company to aid measures granted by the States, such as the massive support plan for tourism in France. "We obtained two loans guaranteed by the State (PGE), one on each of our establishments," says Alfred Andriamasy, owner of two hotels (119 rooms) Ibis Budget and Design Booking. Without this, our cash flow would not have held up. ”
Even if demand is picking up timidly, the market is deeply upset. "Since June, we have been at 50% occupancy rate, thanks to a clientele of construction workers," explains the contractor.
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