Wednesday 24 August 2016

Paris reportedly lost $850 million in tourism revenue so far this year


Paris has suffered in 2016, as terrorist attacks, strikes and floods have not only affected countless lives, but have reportedly cost the popular tourist destination an estimated $850 million in lost revenue.

According to Reuters, Paris region tourist board head Frederic Valletoux announced Tuesday that the tourism industry has suffered a major blow, and the government should be setting up a relief plan and that major investments in the industry must be made to protect jobs and jump start tourism.

Through the first half of 2016, Paris’ tourism industry reportedly lost 750 million Euros ($849.38 million.)


Tourism in Paris accounts for seven percent of France’s national gross domestic product and 13 percent in the Ile-de-France region.

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