US-Europe Trade Tensions Spark Concerns in French Tourism Sector
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US-Europe Trade Tensions Spark Concerns in French Tourism Sector

News  
04-18-2025
 

Following statements by US President Donald Trump regarding potential tariff increases, the French hoteliers' union Umih participated in several meetings at the invitation of the French Ministry of Economy to assess the potential impact of these declarations on the tourism industry, particularly the hotel sector.

Growing trade tensions between the United States and Europe could negatively affect French tourism. The French Ministry of Economy has held meetings to evaluate the possible consequences.

Umih representatives who participated in the meetings and spoke to the press expressed concerns about the risk of inflation in France, especially in sectors such as cheese, wine, and spirits production, as well as a potential drop in the dollar's exchange rate, which could deter American tourists.

Regarding traditional restaurants, the direct impact is not yet clear. However, the hotel sector is already experiencing a slowdown in booking rates linked to general economic uncertainty. Véronique Siegel, president of Umih's hotel branch, noted that booking levels for the May bank holidays are below expectations, despite hopes for last-minute reservations.

These observations align with statements from Tourism Minister Nathalie Delattre, who noted "a slight decline in American tourism: minus 3% in the congress tourism segment and minus 4% in business tourism."

In this situation, Umih is counting on a redirection effect of tourist flows: "We expect that Europeans who planned to visit the United States will change their plans and decide to stay in Europe."

As a major player in the sector, Umih continues to closely monitor booking trends for the summer season, which is crucial for the French tourism industry.

Source

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