Market Size of France Online Accommodation Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 11.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Online Accommodation Market Analysis
Due to the pandemic, the accommodation market is slightly reduced when compared to normal days. The flights and other modes of transportation to France are stopped. As there are no tourists, the accommodation market didn't work well. The ones who remained in France due to the pandemic had to book few accommodations.
Smartphone usage is rising rapidly in France. During the third quarter of 2021, approximately 86.5% of internet users in France went online via any mobile phone, while around 84.6% reported doing so via smartphones. Additionally, 77.3% of French internet users reported going online with their own laptop or desktop device, while almost 25.7% reported doing so with a work laptop.
When taken on average, Booking.com was the leading website in the category 'accommodation and hotels', as of April 2021, despite having seen significantly lower revenue in 2020, as revealed in the new publication. Furthermore, Airbnb, Agoda, Traveloka, and Go MMT followed Booking in the rankings in specific countries, while legacy global online booking company Expedia underwent a substantial loss in market share in many countries of the world in 2020.
