23,000 jobs lost, a number of overnight stays divided by five in hotels compared to 2019 ... the last months of 2020 will have hit the Ile-de-France economy head-on, according to an INSEE study published on Monday 12th April.
Read also: Covid-19: tourism collapses in Île-de-France
The third quarter of the year, however, gave some signs of recovery, after a spring spent under cover.
Business start-ups had increased by 50.7% between the second and third quarters and hours worked were starting to approach their 2019 level. But the rebound in the covid-19 epidemic forced the government to impose a curfew in mid-October, then a second confinement from the end of October.
In 2020, the occupancy rate of Ile-de-France hotels remains at extremely low%.
Insee, in partnership with the regional tourism committees (CRT) and the DGE, Hotel surveys 2013−2020
The region's dependence on tourism has made these measures to curb the epidemic particularly painful for Île-de-France, according to figures from INSEE.
The region thus lost 23,000 salaried jobs in the fourth quarter, or 0.4% of all its employees.
By way of comparison, on the national territory, this ratio was established, again in the fourth quarter, at a decrease of 0.1%.
In addition, the number of nights booked in Île-de-France over the period was divided by five compared to 2019. Here too the figure is much higher in Île-de-France than in the national territory, where 38% usual bookings were recorded in the last quarter of 2020.
A rebound that is slow to arrive
Maintaining health restrictions beyond the end of 2020 has so far slowed down any rebound in economic activity in Paris and its surroundings, notes INSEE.
Economic activity was thus 13.1% lower than a “
normal
”
situation
in January 2021. At the national level, this difference is less than 6%.
Read also: In Île-de-France, office real estate is slow to come out of the doldrums
The study nonetheless shows some encouraging signs of recovery, especially in real estate.
So after a drop of 1.4% in January, the number of homes started up again in February to 0.6%.
In addition, home loans increased by 3.1% between June and December 2020.