In 2023, the number of hotel establishments in France was estimated to be slightly higher than the 17.39 thousand units forecasted for 2024, indicating a stagnant trend. The projected gradual decline from 2024 to 2028 reflects a persistent downward trend, with a marginal year-on-year decrease of about 0.29% per year. Over five years, a CAGR would continue this slight negative trajectory, evidencing minimal contraction in the market.
Future trends to watch for include the impact of technological advancements, changes in traveler preferences, and economic conditions on the hospitality sector, possibly fostering new opportunities for hotel diversification and enhancement of service offerings.
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