Terror attacks in France sure had their negative impact on hospitality industry of the country. The downturn is so sharp that the French government has started a million euro worth advertising campaign to help stimulate tourism.
Naturally, hotels in Paris faced the biggest decrease. According to a junior minister of tourism, in the second half of July the occupancy of Parisian hotels was only 32%. That is a huge decrease from the occupancy of 77% in July 2015. Hotels in Nice also suffered a drastic decline during two weeks after the July 14 attack, when a truck driver killed 84 people on the famous Nice seafront promenade, the occupancy of local hotels fell by 45%.
British newspaper Telegraph used popular booking sources to see availability and rates of hotels in Paris for the end of August. Out of first 100 hotels that had rooms available, 87 properties have reduced their usual rates. Some hotels offer really low prices compared to their regular rates the biggest discount was 59%.