France benefits from a diversified and dense transportation network. The road network is the dominant approach for land-based movements. In 2010, the French government released a draft plan called ‘Avant-Projet au Schéma National des Infrastructures de Transports’ for transportation infrastructure investments over the next two decades. As part of the plan, the government plans to allocate EURXX billion for the project, of which nearly XX%, will be allocated to high-speed rail, XX% to bus lines, subways and urban trams, XX% to ports and waterways and the remaining XX% to roads and airports.
France Transportation Industry Outlook to 2016: Market Profile Market Intelligence Report Reference code: TT1053MP Published: June 2012 www.timetric.com Timetric John Carpenter House 7 Carmelite Street London EC4Y 0BS United Kingdom Tel: +44 (0)20 7936 6400 Fax: +44 (0)20 7336 6813 www.timetric.com EXECUTIVE SUMMARY 1 Executive Summary 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 from 321.9 million in 2007 to 302 million in 2011, at a compound annual growth rate (CAGR) of -1.58% 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 increase in inbound arrivals. International arrivals rebound and will continue to register growth over the forecast period Since the 1990s, France has continued to be the world’s leading tourist destination and in 2011, the country registered 79.4 million international arrivals. The favorable trend in inbound arrivals is the result of the expanding economies in key source markets, improving levels of consumer confidence and the hosting of several international conferences and seminars. Tourism revenues reached US$45 billion in 2011, which is the third-largest income
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