Travel and Tourism in France to 2018, New Report Launched

France retained its position as the world’s leading tourism destination in 2013, in terms of tourist volume. The country received 86.1 million international visitors that year, an increase of 3.7% over 2012. In terms of expenditure, however, the sector declined in 2013 due to the uncertainties in Europe’s economic environment, as it is the region from where the country attracts its largest number of tourists.

The report provides detailed market analysis, information and insights, including:

• Historic and forecast tourist volumes covering the entire French travel and tourism sector
• Detailed analysis of tourist spending patterns in France for various categories in the travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
• Detailed market classification across each category, with analysis using similar metrics
• Detailed analysis of the airline, hotel, car rental and travel intermediaries industries

Scope

This report provides an extensive analysis related to the tourism demands and flows in France:

• It details historical values for the French tourism sector for 2009–2013, along with forecast figures for 2014–2018.
• It provides comprehensive analysis of travel and tourism demand factors, with values for both the 2009–2013 review period and the 2014–2018 forecast period.
• The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in France.
• It provides comprehensive analysis of the trends in the airline, hotel, car rental and travel intermediaries industries, with values for both the 2009–2013 review period and the 2014–2018 forecast period.

Reasons to Buy

• Take strategic business decisions using historic and forecast market data related to the French travel and tourism sector.
• Understand the demand-side dynamics within the French travel and tourism sector, along with key market trends and growth opportunities.

Key Highlights

• Tourism plays a key role in the French economy, and the country is a famous tourist destination globally. The sector contributed EUR192.3 billion (US$254.9 billion) to the economy in 2013, representing 9.3% of GDP. In the same year, tourism output totaled EUR472.7 billion (EUR626.6 billion), and increased at a compound annual growth rate (CAGR) of 1.16% during the review period (2009–2013).
• In terms of the number of trips and terms of expenditure, in which the country was the third largest, the French domestic tourism market is the largest within Europe. The total number of domestic trips increased marginally, going from 202.8 million in 2009 to 203.2 million in 2013, at a review-period CAGR of 0.04%, and managed to exceed the pre-crisis level in 2013.
• International arrivals to the country grew from 76.8 million in 2009 to 86.1 million in 2013, at a review-period CAGR of 2.91%, while inbound tourist expenditure increased at a marginal CAGR of 0.26%, going from EUR90.7 billion (US$126.0 billion) in 2009 to EUR91.7 billion (US$121.5 billion) in 2013.
• The French tourism board Atout France introduced a new campaign in 2013 called ‘More to Enjoy’. This covered the UK, one of the most important source markets for its inbound tourism. The campaign brought together 37 tourist boards, 8 tour operators, 2 carriers and TV5 monde (a French TV Channel) in order to promote experiences in France.
• Air France, the leading French carrier, has struggled to compete with European counterparts such as Ryanair and easyJet. In the wake of intense completion from LCCs, the company revealed plans to shift more flights to its discount carrier Transavia in 2014.
• Paris is at the centre of the French hotel market, and benefits from a continuous increase in the average daily rate (ADR) and high occupancy. The occupancy rate in the capital increased from 78.4% in 2012 to 81.0% in 2013, the second-highest in Europe after London.
• The French government revealed a series of initiatives during the National Conference on Tourism 2014, in which intends to set a flat price for taxis moving between Charles de Gaulle (Roissy) Airport and Paris from January 1, 2015. Furthermore, a taxi and bus lane on the A1 motorway will also be opened in January 2015. These measures are expected to drive car rental market towards growth over the forecast period.
• Increasing internet penetration resulted in the strong growth of online travel bookings during the review period. According to the World Bank statistics, the French internet penetration rate increased from 71.6% in 2009 to 81.9% in 2013. Consequently, the adoption of online bookings channel is growing, and is being increasingly used for sale of various travel intermediaries products.

Spanning over 168 pages, 140 Tables and 80 Figures “Travel and Tourism in France to 2018” report covering Executive Summary, The Travel and Tourism Sector in Context, Country Fact Sheet, Tourism Flows, Airlines, Hotels, Car Rental, Travel Intermediaries, Tourism Board Profile, Airport Profiles, Company Profiles, Market Data Analysis, Appendix. This report Covered 20 Companies - Air France, EasyJet, Ryanair, Lufthansa, Vueling Airlines, Logis International, Accor SA, Starwood Hotels & Resorts, Worldwide, Inc, SEH United Hoteliers, Chateaux & Hotels Collection, Carlson Wagonlit Voyages, TUI Travel, Club Méditerranée, Thomas Cook, Arts Et Vie Paris, Europcar, Hertz, Avis, ALPHABET FRANCE FLEET MANAGEMENT, Enterprise Holdings, Inc.

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