The Accommodation and Food Services output in France is forecasted to grow steadily from 2024 to 2028, starting at 120.08 billion euros in 2024 and reaching 127.67 billion euros by 2028. This represents an annual average growth rate, or CAGR, of approximately 1.54% over the five-year period. In 2023, the industry output was reportedly around 118.18 billion euros, suggesting a consistent incremental growth in this sector. Year-on-year variations show a stable upward trend.
Future trends to watch include the impact of digital transformation in hospitality, shifts in consumer preferences towards sustainable and authentic experiences, and potential changes in international travel dynamics that could affect demand and supply in this sector.
