The forecasted data for the number of overnight stays in hotels or similar establishments during domestic and outbound visits to friends and relatives in France shows a steady increase from 2024 to 2028. In 2024, the number of trips is expected to reach approximately 2.93 million, rising by 2.74% in 2025, and continuing to grow by around 2-3% annually through 2028, with a forecasted value of approximately 3.247 million trips.
From 2023 to 2024, we observe a noteworthy increase, affirming an upward trend in domestic and outbound visits post-pandemic. The Compound Annual Growth Rate (CAGR) for the forecasted period highlights a consistent annual growth pattern.
Future trends to watch for:
- Impact of economic factors on travel budgets potentially altering travel behavior.
- Technological advancements in travel booking and communication affecting travel frequency.
- Shifts in consumer preferences towards sustainable travel options potentially influencing the volume of trips.
- Government policies or global health scenarios impacting international travel could reshape these forecasts.
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