4 points to understand low do the business travelers find their accommodation in Paris? : location, accomodation types, budget et duration.
(source : Paris Attitude data)
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How do the business travelers find their accommodation in Paris?
1. HOW DO THE BUSINESS TRAVELERS
FIND THEIR ACCOMMODATION IN PARIS?
Study on renting habits of furnished apartments
500
1000
1500
2000
2500
3000
3500
4000
4500
Studio
1Bedroom
2Bedrooms
3Bedrooms
1600€
2500€
4000€
1150€
HOW MUCH MONEY IS SPENT FOR HOUSING?
The average monthly budget is between 1150€ for smallest
surfaces and 4000€ for apartments with 3 bedrooms.
DOWNTOWN PARIS is the place to be, from the 1st to the 6th district.
THE NORTH-WEST SIDE OF PARIS reveals numerous requests in the Parc
Monceau and the Batignolles neighbourhoods.
THE EAST SIDE AND THE SOUTH SIDE OF PARIS are less in demand because
they are further away from business centers.
12%
12%
31%
18%
24%
WHERE DO THE BUSINESS TRAVELERS USUALLY STAY IN PARIS?
THE WEST SIDE OF PARIS attracts 24% of business travelers; the 16th district
gathers 13% of rentals.
THE NORTH SIDE OF PARIS is marked with the flourishing of the 18th district and
particularly Montmartre.
PRIORITY ON LIVING NEAR THE WORKPLACE
MORE THAN 10 MONTHS1 TO 3 MONTHS
3 TO 10 MONTHSLESS THAN 1 MONTH
28% 14%27% 31%
2 BEDROOMS APARTMENTS These apartments represent 24% of requests. They are
often selected for longer stays.
STUDIOS They remain a solid value with 20% of choices, in particular for very short
term stays.
1 BEDROOM APARTMENT Business travelers look first to apartments with one bed-
room and one living room.
WHICH KIND OF APARTMENT IS CHOSEN BY PROFESSIONALS?
HOW LONG IS THE AVERAGE STAY IN PARIS?
The majority of business travelers stays in a Parisian apartment for less
than 3 months. However, very short term stays (less than one week)
represent only 10% of rentals.
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48%
24% 20%
8%
1 BEDROOM
2 BEDROOMS STUDIO
3 BEDROOMS & +