Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Flight bookings for Nice and France drop again after July 14 attack - data firm

Published 28/07/2016, 13:27
Flight bookings for Nice and France drop again after July 14 attack - data firm

PARIS (Reuters) - Demand for air travel to France and Nice, the country's second most popular destination after Paris, has dropped again after an attacker killed 84 people in the city on the French Riviera on July 14, according to travel data analysis company ForwardKeys.

France's tourism industry had yet to fully recover from assaults in Paris in January and November last year, which were also claimed by Islamic State, when Mohamed Lahouaiej Bouhlel drove a truck into a crowd of revellers on Nice's Promenade des Anglais.

Daily net international bookings to Nice for future arrivals, combining cancellations of previous bookings and a decline in new bookings, dropped by 57 percent in the period July 15-23, compared with the previous year, ForwardKeys said on Thursday.

ForwardKeys said flight bookings for travel in August and September were already down before the July attack but have since taken another knock.

Bookings for travel to Nice for August and September were down 14 percent compared with last year before July 14, but are now down 19 percent, while bookings for France as a whole are down 20 percent, compared with a drop of 16 percent before July 14.

"Ever since the Charlie Hebdo attack last January, France has been suffering from a reduction in tourism confidence and just as bookings started to recover, another attack has taken place," ForwardKeys co-founder and CEO Olivier Jager said in a statement.

Air France-KLM on Wednesday raised concerns over the attractiveness of France as a destination, saying the attacks were hurting demand from travellers from Japan, China and the United States.

Analysts will also be watching quarterly earnings from Groupe ADP, which runs Charles de Gaulle and Orly airports in Paris, later today for the effects of lower travel demand on results.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.