France Travel And Tourism Industry Growth | France Inbound Tourists | Ken Research

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The Tourism Sector In France Shows Dismal Growth
Ken Research
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Ken research announced recent publication on
Source market insights France. The report
gives a comprehensive analysis on the French
outbound tourism sector. It delineates about
historic and expected tourist volumes, tourist
spending pattern, expenditure, airline, hotel,
car rental, and travel intermediaries industries
among others. This report provides a better
understanding on the market trends and drivers.
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• Food, fashion and landscape define France. In
  2012, with a record 85.7 million visitors France
  became the most sought after destination for
  tourists and generates the third largest income
  in the world from tourism. The tourism industry
  contributes about 9 to the French GDP and
  generates an good amount of employment for the
  natives. Apart for tourism, the nation is one of
  the largest importer and exporter in the world, a
  well developed chemical industry and a strong
  service sector.
• France is one of the highly populated nations of
  the world. It is difficult to accurately
  determine the demographic divide in France as it
  prohibited to conduct state wide census. The
  population growth in France is amongst the
  highest in the world.

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The birthrate exceeds the death rate by
considerable amount. The nation receives a huge
amount of migrants as well. The nation has a
relatively older population with 20 of people
above the age of 65 years. In the recent past ,
the economy of the nation is slumping. The
worlds sixth largest economy has one of the
highest unemployment in the western Europe. One
in four youth is unemployed . The French finances
are weak, the economic growth is a mere 0.5,and
the interest rate is at rock bottom . The reasons
are deep seated. With a taxation rate going as
high as 75, the incentive to work, save and
invest is falling, creating a vicious cycle of
economic depression.
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• Further, the increase in the strikes by the
  workers in lieu of labour reforms have obstructed
  the recovery measures. Also, the industrial
  growth is gloomy and the ratio to public debt is
  quite high.
• This all has affected the tourism industry of
  France as well. For the last year France
  registered a significant fall in the footfall of
  tourist . A fall in income among the French
  natives coupled with strike of workers and floods
  is a major deterrent for the tourist. Another
  important factor is the rise in the terrorist
  attack which has instilled fear in many which has
  led to fall in foot fall of the tourists.
• Companies Covered
• Air France, Ryanair

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Key Factors Considered in the Report France
Tourism Industry Research Report France Travel
And Tourism Market Outlook France Inbound
Tourists France Outbound Tourists France
Hospitality Industry Hotel Industry France For
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