The first half of 2024 ended on a positive note for [Nice Côte d’Azur](https://www.explorenicecotedazur.com/). Marked by remarkable tourism performances, the months showed notable increases, summarized for you here.
Each month in 2024, Nice experienced an increase in occupancy rate and RevPAR by +3.4 points and +11.6% respectively compared to 2023. RevPAR stands for revenue per available room, an indicator of performance in the hotel industry. The second quarter further strengthened the results of this beginning of the year by attracting foreign customers before the summer break, as well as French visitors who took advantage.
Consistently Improving Results
Here are the monthly occupancy rates:
– January: 48%, or +2.5 points compared to 2023
– February: 61%, or +5.2 points compared to 2023
– March: 69%, or +4.4 points compared to 2023
– April: 79.5%, or +2.5 points compared to 2023
– May: 84.8%, or +5.6 points compared to 2023
– June: 89.6%, stable compared to 2023
Promising Summer Outlook
The outlook for the summer period and back-to-school season is equally promising. The event and sports calendar of Nice Côte d’Azur, rich in internationally significant events, plays a key role in this dynamic. Among the year’s highlights are: The Grand Arrival of the Tour de France in July, the Étape du Tour, the Women’s IronMan World Championships in September, and the Nice Jazz Festival.
A Peak in Reservations
Projections for July show a peak in bookings during the weekend of July 20, coinciding with the Grand Arrival of the Tour de France. In August, booking rates are stable and higher than those of 2023. For September, an increase in reservations is expected, with rates exceeding those of September 2023 by +10 points, especially during the Women’s IronMan World Championships week (from September 16 to 22, 2024).
