The number of overnight stays in hotels or similar establishments during domestic visits to friends and relatives in France is forecasted to increase from 3.1154 million trips in 2024 to 3.411 million in 2028. If we look back to 2023, the trends show a steady annual growth with the number rising year-on-year consistently. The compound annual growth rate (CAGR) over the 5-year period from 2024 to 2028 is indicative of a healthy upward trajectory.
Future trends to watch for:
- Potential impact of economic factors on domestic travel behaviors.
- Influence of innovations in the hospitality industry, such as sustainable practices and digital transformation, on consumer preferences.
- Shifts in family and friends' visit patterns due to demographic changes or lifestyle shifts post-pandemic.
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