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Accor Sa ACRF
Posted On: 03/08/2014 4:48:06 PM
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Posted By: Stock_Tracker
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Travel and Tourism in France, Key Trends and Opportunities to 2016

M2 - Wed Jul 03, 3:46AM CDT

Research and Markets (http://www.researchandmarkets.com/research/tvt7fw/travel_and) has announced the addition of the "Travel and Tourism in France, Key Trends and Opportunities to 2016" report to their offering. According to the Travel and Tourism Competitive Index, France was ranked the third most attractive destination in the world to develop travel and tourism business in 2011. The French travel and tourism sector accounted for 3.6% of the nation's GDP in 2011, and 4.2% of the country's total employment. The total tourist volume in France, including inbound, domestic and outbound, declined during the review period (2007-2011). The main reasons for this decline include stagnated economic growth, job losses, significant reductions in corporate travel budgets and rising fuel prices. However, tourist volume registered positive growth in 2011, due to a rebound in the global economy, which led to an increase in inbound arrivals. Since the 1990s, France has continued to be the world's leading tourist destin














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