Market Overview
France welcomed 89.4 million foreign tourists in 2018, which was 3% more than that of 2017. This resulted in the generation of USD 56.2 billion (EUR 49.3 billion) in revenue, for the same year. Visitors from the Asian countries registered a high share of the total value, up by 7.4%.
The rising number of visitors are driving the market by recording high number of overnight stays which increased by 5.4% whereas revenue per available room (RevPAR) increased by 6.6% in the same year despite ongoing terrorism threat and the Air France and SNCF strikes and the Yellow Vest protests that affected the late 2018 and early 2019.
Real Estate Credit Investments Limited (LON:RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.
