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France market services activity change: accommodation

France market services activity change: accommodation stood at -3.89 Balance of opinion in Sep 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Banque de France business surveys table (Value · Monthly), with a complete series running from Oct 2002 to Sep 2026. The complete series with an interactive chart, free to download.

Source: Banque de France – Webstat (webstat.banque-france.fr)Last updated: Curated by Bui Thanh Phuc
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This indicator in the Banque de France business surveys table

Indicator09-202608-202607-202606-202605-202604-202603-202602-202601-202612-2025
Activity, change on previous month
Accommodation and food services-3.895.18-3.43-3.335.86-0.963.36-4.128.6614.6
Repair of motor vehicles3.41-12.6315.60.5-5.424.643.968.454.946.97

Understanding france market services activity change: accommodation

Hotel owners, restaurant operators, and catering directors report monthly fluctuations in patron numbers, room occupancy, and meal service revenues. This series targets the hospitality sector directly, separating lodging and food provision from passenger transport, travel agencies, and entertainment venues. Participants indicate whether client footfall and operational receipts expanded, contracted, or stagnated compared to the previous month, creating a targeted gauge of consumer leisure and out-of-home spending.

Extreme weather, calendar anomalies regarding public holidays, and school vacation schedules create substantial intra-year volatility that requires careful reliance on seasonally adjusted figures. Early survey responses are subject to revision as independent hospitality venues finalize monthly accounts. Analysts should examine month-on-month movements to spot emerging consumer fatigue or discretionary spending shifts, keeping in mind that hospitality margins differ vastly from heavy industrial sectors.

Frequently asked questions

Which types of businesses contribute to this accommodation and food services index?
Hotels, holiday camps, restaurants, bars, and catering businesses provide the underlying survey responses.
How do calendar shifts affect monthly hospitality survey readings?
Varying dates for public holidays and school breaks shift vacation patterns, causing monthly fluctuations that require adjustment.
Why must analysts avoid comparing hospitality sentiment with manufacturing indices?
Hospitality relies on immediate, disposable consumer spending and physical presence, unlike storable industrial goods.

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