France Travel Market Report 2023-2027
- Published:
- March 2024
- Research Type:
- Report
- Figures:
- 30
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Short-Term Rental
- Regions:
- Europe
Summary
France's travel sector witnessed solid growth in 2023, climbing by 12% to over €55 billion, predominantly driven by the resurgence of international travel alongside strong domestic demand. The digital transformation for the French market is evident, with online bookings reaching their highest total to date and mobile transactions constituting 36% of this online revenue. The 2024 Paris Olympics will temporarily amplify gross bookings on all fronts, particularly benefiting the airline and hotel segments through increased international visitation and higher demand in the Paris region. Looking ahead to 2027, the travel market is anticipated to stabilize, reflected in continued but moderate growth as economic challenges and sustainability developments impact consumer purchasing power.
This report provides a comprehensive view of the France travel market, including detailed market sizing and projections, distribution trends, analysis of major travel segments, key developments and more.
The France Travel Market Report 2023-2027 is part of Phocuswright’s Europe Travel Market Report 2023-2027 series, which features six key countries/regions as well as a regional overview.
With the single purchase of the series, the following reports are automatically included at no additional cost:
