Internal tourism expenditure on cultural services in France experienced significant fluctuations between 2013 and 2023. After a steady increase from 2013 to 2018, the expenditure sharply dropped in 2019 and 2020, likely due to the COVID-19 pandemic. Notably, it showed a robust rebound from 2021 onwards, reaching 2.35 billion euros in 2023, an 8.31% increase year-on-year. The 5-year Compound Annual Growth Rate (CAGR) shifted from -12.35% in 2020 to a moderate -2.18% by 2023.
Forecasts suggest a steady but slow growth from 2024 to 2028, with a 5-year forecasted CAGR of 0.25% and an overall growth rate of 1.25%. As of 2028, internal tourism expenditure on cultural services is anticipated to be 2.39 billion euros.
- Impact of technological advancements on cultural services.
- Evolution of consumer preferences toward digital and interactive cultural experiences.
- Potential effects of economic and political factors on tourism policies and funding.