In 2023, domestic tourism expenditure on travel agencies and reservation services in France stood at 7.54 billion euros. The forecast for 2024 indicates a rise to 7.64 billion euros, marking a 1.33% increase from the previous year. Further increases are projected throughout 2025 to 2028, with the expenditure growing steadily, reaching 8.06 billion euros by 2028. The year-on-year growth rates hover around 1.3%. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is about 1.38%.
Future trends to watch include:
- The impact of digital transformation in travel bookings and augmented reality services.
- Shifts in consumer preferences towards sustainable and personalized travel experiences.
- Potential economic fluctuations affecting disposable income and travel spending.
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