The accommodation services sector in France is forecasted to increase steadily from 58.69 thousand enterprises in 2024 to 61.68 thousand enterprises by 2028. This reflects a consistent annual growth rate, showing resilience and positive momentum post-2023. As of 2023, the number of enterprises stood below these forecasted numbers, marking a clear trend of expansion over the forecast period. Observing a compound annual growth rate (CAGR), the industry projects an encouraging path in its five-year trajectory.
Future trends to watch for:
- Growth in eco-friendly and sustainable accommodation services.
- Increased adoption of digital transformation in service offerings.
- Potential market entry of new local and international players.
- Shift towards personalized and experiential travel services.
