International tourism: a great summer for Paris
Office Space news by BURO Club

News of the 17/10/2017

The autumn season is beginning and it would seem that Paris is in a good mood. The capital welcomed a great amount of visitors during last summer, which confirmed Paris’ attractiveness and was indubitably good for its economy. If you would like to take advantage of the positive aura that hovers over the French capital, now may be the right time to do so. With BURO Club, you could provide your business with a virtual office and/or a serviced office in Paris. The “Grand Paris” project awaits you with arms wide open.

For those who don’t know, the Grand Paris will ultimately be a large conurbation, including several surrounding suburbs connected by subway – sort of a beltway – around Paris. New subway lines will serve areas poorly connected to one another, which will foster their economic development. Even if we’ll have to wait until 2022 to climb in the first subway lane, the project is already exciting for both national and international populations.

Activity up

The Paris Economic Tourism Observatory clearly points out an economic recovery of the capital’s activity. In particular, there were two million arrivals in May, which translates into an increase of 6.1% in the volume of tourists staying at hotels in the Grand Paris. The level of national arrivals continues to increase, reaching +3.7% compared to May 2016, and +4.4% compared to May 2015. Foreign arrivals showed a more moderate performance with a +8.4% increase compared with May 2016, which represents -3.0% compared to 2015.

During the first five months of the year, attendance levels were exceptional. Over the past ten years, a double record has been established with the volume of foreign arrivals (4.4 million); as well as the number of business overnight stays, which reached 10.2 million (53.9% of the Grand Paris hotel night reservations in 2017). As for recreational tourism, a significant recovery was also recorded (+18.6% overnight stays compared to 2016), but it still doesn’t reach 2014’s record level (-21.9%).