France to Add Security for Tourists as Arrivals Are Down 8%
(Bloomberg) -- French Prime Minister Manuel Valls will unveil Monday extra measures to improve foreign visitors' security after terrorist attacks and violent robberies deterred tourists from visiting.
France will spend EU43 million ($48 million) to strengthen law enforcement at major tourist landmarks including the Louvre museum and Mont Saint-Michel, and on board trains traveling to and from European neighbours. The government also plans to increase surveillance cameras where tourists have regularly been targeted by thieves, according to a copy of the plan emailed by Valls' office. The draft document didn't give details on the extra police forces that the state plans to deploy.
Tourism in France is down over 8 percent since January, almost a year after the country's deadliest terror attacks since World War II. A series of coordinated attacks in and around Paris by Islamic State supporters killed 130 in November 2015. On July 14, 2016, a terrorist drove a truck into a Bastille Day crowd in Nice, killing 86 and deterring summer arrivals on the Cote d'Azur.
Industry Conference
Socialist Prime Minister Valls will detail his plan in a government meeting in Paris, ahead of a Nov. 17 conference with travel industry professionals to discuss how to better promote tourism in France. In typical years, France has the largest number of foreign arrivals but lags the U.S. and Spain in tourism revenue.
Valls, who has floated a possible plan to run for president in next year's election, will include EU4 million of state subsidies in the plan to help concert halls, theaters and other performing-art venues suffering from lower occupancy. He will also give over EU5 million to subsidize French people to travel abroad through the national vacation subsidies system.
Foreign visitors arriving by air were down 8.1 percent from January to end-October, according to government figures. The steepest drop was for arrivals from Japan, down 39 percent, with Chinese arrivals down 23 percent. US and British tourists were both down 4 percent. Indian tourists, by contrast, were up 6 percent. The number of hotel nights spent by foreign tourists was down 11.8 percent between January and mid-October, with a drop of 20.8 percent in the Paris region.
To contact the reporter on this story: Helene Fouquet in Paris at hfouquet1@bloomberg.net. To contact the editors responsible for this story: Alan Crawford at acrawford6@bloomberg.net, Geraldine Amiel, David Whitehouse
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
-
Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
-
India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
-
When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.
-
Wrong Labels, High Pesticide Residues Holding Back Agri Exports | The Reason Why
India needs stronger domestic food-safety and labelling standards, with best practices becoming part of everyday business for farmers, traders and food companies.