The value added of travel services in France in 2023 was 2.69 billion euros. Forecasts indicate a consistent upward trend from 2024 to 2028, with values projected to rise from 2.73 billion euros in 2024 to 2.90 billion euros in 2028. This denotes year-on-year percentage increases of approximately 1.47% for each successive year. The average annual growth rate (CAGR) over the five-year forecast period stands at around 1.53%.
Future trends to watch for include:
- Technological advancements in travel services and their impact on efficiency and customer satisfaction
- Changes in consumer travel behavior post-pandemic
- Government policies impacting tourism and travel regulation
- Economic factors such as inflation and currency fluctuations affecting travel expenses