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MarketResearchReports.com: Hospitality Industry in France - a $29.6 Billion Opportunity, Reveals New Research Report

MarketResearchReports.com has announced the addition of “Travel and Tourism in France to 2017” research reports to their offering.

 

Lewes, DE -- (SBWIRE) -- 07/19/2013 -- The domestic tourism sector plays a vital role in France’s economy. In 2012, France registered 200.4 million domestic trips, while the volume of outbound trips measured 25.9 million. The average expenditure per domestic tourist decreased from EUR 2,403 (US$352.0) in 2008 to EUR 232.5 (US$299.0) in 2012. Over the forecast period, the average expenditure is expected to reach EUR 248.4 (US$319.5) by 2017, at a projected CAGR of 1.33%. The European region accounted for 83.1% of French inbound trips in 2012.

For more information visit : Travel and Tourism in France to 2017

The total revenue of French airline industry is also anticipated to increase from EUR 26.1 billion (US$36.4 billion) in 2012 to EUR 31.7 billion (US$44.1 billion) in 2017. French hospitality industry’s revenues are expected to increase at a CAGR of 2.04%, to reach EUR 23.2 billion (US$29.6 billion) by 2017. French car rental market revenues are expected to increase at a CAGR of 1.36% to reach EUR 2.7 billion (US$3.5 billion) by 2017. The French travel intermediaries industry value is anticipated to increase at a CAGR of 4.49% over the forecast period to reach EUR 19.2 billion (US$24.7 billion) in 2017.

The growth in travel and tourism industry will be driven by a rise in discretionary spending, business trips and promotional activities by the French tourist board.

Spanning over 137 pages, 133 tables and 83 figures, “Travel and Tourism in France to 2017” report presents an in-depth assessment of the travel and tourism industry in France till 2017.

In addition to covering the market overview, tourism flows, airlines, hotels, car rental services, travel intermediaries, airports and French tourism board the report also presents comprehensive forecasts for the market till 2017 in each sectors. The report covers 20 key industry players namely Air Austral France, XL Airways France, Chalair Aviation, Air France-KLM, Transavia France SAS, Avis Location de Voitures SAS, Europcar Groupe SA, Sixt SAS, Hertz France SAS, TT Car Transit SA, Four Seasons Hotel George V Paris, The Westin Paris Vendôme, Shangri-La Hotel Paris, Hyatt Hotels and Resorts France, InterContinental Paris Le Grand, Adaptours, Consult Voyages SA, Arts et Vie Paris, 123 Voyages and Alliance Travel Agency.

To browse more travel and tourism market research reports visit: Travel and Tourism

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