Paris leads the field in hotel room sales in the latest survey by UK-based company TRI Hospitality Consulting. The review of European hotel chains shows that Paris had the best rate and with revenue per available room (revpar) during August. Revpar was up 15.7% to EUR 163.53. London was close behind with revpar up 9.9% to EUR 160.31 and Amsterdam came third with revpar up 11.2% to EUR 127.39.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
