France Travel & Tourism Market Investigated & Forecast by Timetric in New Report Published at MarketPublishers.com
08 Oct 2014 • by Natalie Aster
LONDON – Nowadays, tourism plays an essential role in the economy of France. Moreover, the country is recognized as one of the most famous and preferable tourism destinations worldwide. As of 2013, the tourism industry make a contribution of over USD 254 billion (EUR) 192 billion) to the national economy, representing 9.3% of the country’s GDP.
From 2009 to 2013, the French tourism output increased at a 1% CAGR, and in 2013 totaled a bit over USD 626 billion (EUR 472 billion). France ranked the 3rd largest country in terms of number of trips and also terms of expenditure in 2013. Meanwhile, the French tourism market is the largest one in Europe.
Between 2009 and 2014, the number of domestic trips in France grew marginally (registering a just under 1% CAGR) and increased form just over 202 million to just over 203 million. Furthermore, the number of international arrivals to France grew from 76.8 million to 86.1 million during 2009-2013, posting a CAGR of a bit under 3%. Meanwhile, inbound tourist expenditure grew at a 0.26% CAGR during 2009-2013, and in 2013 climbed to USD 121.5 billion (EUR 91.7 billion).
New research report “Travel and Tourism in France to 2018” worked out by Timetric offers a detailed guide to the French travel and tourism market. It sheds light on the historical and present performance of the national industry, uncovers industry performance estimates, examines the tourism demands and flows in the country and also presents an extensive analysis of the travel and tourist demand factors in France. The research study gives an insightful overview of outbound, inbound and domestic tourist flows in the country; provides a thorough examination of the major trends in car rental, hotel, airline and travel intermediaries industries and discloses values for 2009-2013 period as well as grants access to a set of forecasts for the French travel and tourism industry through 2018.
Travel and Tourism in France to 2018
Published: October, 2014
Price: US$ 1,950.00
Other Recent Different Countries Travel & Tourism Markets Reports by Timetric Include:
- Travel and Tourism in Spain to 2018
- Travel and Tourism in Italy to 2018
- Travel and Tourism in Brazil to 2018
More new research reports by the publisher can be found at Timetric page.