France Tourism Report - Business Monitor International - Industry Reports

France Tourism Report

France Tourism Report - Business Monitor International - Industry Reports
France Tourism Report
Published Oct 15, 2016
30 pages — Published Oct 15, 2016
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Abstract:

Tourist arrivals into France will rise in ---- to reach --.-mn, a slowing in growth from the year before. A number of factors are feeding into our forecasts. Terrorist attacks over ---- and ----, both within France and in neighbouring Belgium and Germany, are expected to have deterred some visits in the short term, with arrivals to Paris and the surrounding region particularly affected. Though the government has responded forcefully and quickly to the crisis, with a heavy deployment of troops and police officers in the capital, further incidents are considered possible and this will impact upon arrivals from markets such as the United States. A series of strikes in various sectors, including air-traffic control, have also negatively impacted upon the tourism market. Somewhat off-setting these factors is the hosting of high-profile sporting events such as the ---- UEFA European Championship and the weakening of the euro which made France a more affordable holiday destination for travellers from outside the region. France remains the most popular tourist destination globally and, as a mature market facing growing competition from emerging tourism destinations both in Europe and beyond, we expect tourism arrivals to

...France is already home to one of the largest and most well-developed tourism markets in the world. As well as welcoming the highest number of international visitors compared to any other country (ahead of the next largest markets: the United States, Spain and China), France also has a strong domestic travel market which helps to ensure substantial tourism-related spending levels. ...France is already home to one of the largest and most well-developed tourism markets in the world. As well as welcoming the highest number of international visitors compared to any other country (ahead of the next largest markets: the United States, Spain and China), France also has a strong domestic travel market which helps to ensure substantial tourism-related spending levels. The country s broad range of attractions, including extensive winter sports locations and popular city-break locations mean it suffers less from seasonal fluctuations than other markets (though this varies by region). ...Similarly, the maturity of the existing hotel and accommodation sector does limit growth potential, though we note there is scope for modernisation and upgrading of existing facilities, which could attract higher spend visitors. There continues to be government support for the industry, which should result in continued transport infrastructure investment.

...Total arrivals, --- (LHS) Total arrivals, ---, y-o-y (RHS) ---- ---- ----e ----f ----f ----f ----f ----f - --,--- --,--- --,--- ---,--- - -.- - -.- - -.- e/f = BMI estimate/forecast. Source: National sources/BMI While the bulk of arrivals originate from Europe (--.-mn ...

  
Source:
Document ID
2055-432X
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "France Tourism Report" Oct 15, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/France-Tourism-Report-2026-1601>
  
APA:
Business Monitor International - Industry Reports. (2016). France Tourism Report Oct 15, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/France-Tourism-Report-2026-1601>
  
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