The number of tourist accommodation establishments in France witnessed fluctuating trends between 2013 and 2023. In 2023, there were 29.46 thousand establishments, reflecting a modest increase over previous years. The period from 2013 to 2023 experienced minor annual variations, with notable increases in the early years—2.3% in 2014 and 3.98% in 2015. However, subsequent years saw either slight declines or minimal increases, revealing a stabilization trend.
The Compound Annual Growth Rate (CAGR) over the last five years was -0.13%, indicating a relatively stable but slightly decreasing trend. Meanwhile, the year-on-year variations for the recent years indicate minor positive changes, with a 0.024% increase in both 2022 and 2023.
Looking forward, the forecast for the next five years (2024-2028) predicts continued stability with minimal growth, as indicated by a forecasted five-year CAGR of 0.01% and a forecasted five-year growth rate of 0.05%. This suggests that the market for tourist accommodations will likely remain steady with marginal growth.
Future trends to watch for include potential impacts of changing travel behaviors post-COVID-19, digital transformation in hospitality services, and evolving preferences for sustainable and eco-friendly accommodations. Monitoring these factors will be essential for anticipating shifts in tourist accommodation establishments in France.