France Tourism Report Q2 2016
BMI View: France has a large and varied tourism market, and attracts the greatest number of inboundarrivals worldwide. The French government is highly supportive, and both domestic and international hotelgroups have invested in the country to a high degree. 2016 is set to be one of growth, albeit to a lower levelthan the year before. The country is set to hold Euro 2016 (an international football tournament), whichwill provide a boost to the industry, but terrorist attacks in 2015 may deter some visits over the course ofthe year, especially with the increased security checks and the potential suspension of free travelthroughout the Schengen area, which would increase friction for car travel throughout the continent.
Medical tourism is set to become a growth area over the next few years, with estimated increased revenueof EUR2bn by 2020.
Key Updates And Forecasts
Growth of inbound arrivals from the beginning of 2016 through to 2020 are set to total 8.9%, showing thematurity of the market.
Total inbound arrivals in 2020 will be 103.8mn.
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