Forecast: Value Added of Accommodation and Food Services in France

The Value Added of Accommodation and Food Services in France stood at 66.23 billion Euros in 2023. The forecast for 2024 is 68.62 billion Euros, marking a 3.62% year-on-year increase. Moving further, the value in 2025 is expected to reach 70.1 billion Euros (2.16% increase), followed by 71.56 billion Euros in 2026 (2.08% increase), 72.99 billion Euros in 2027 (2.00% increase), and 74.39 billion Euros in 2028 (1.92% increase). The CAGR over the forecasted five years is approximately 2.19%.

Future trends to watch for:

  • Increased focus on sustainable tourism and eco-friendly accommodations.
  • Rising impact of digital transformation and online booking platforms.
  • Potential fluctuations due to geopolitical developments and global economic conditions.
  • Evolving consumer preferences towards unique, localized experiences and healthier food options.