Ile-de-France lagging behind the recovery

On this second Sunday in August, the main street of Auvers-sur-Oise (Val-d’Oise), a tourist hotspot, is unusually quiet. Under the threatening sky, the restaurant terraces are struggling to refuel. The tourists, who usually flock by the thousands to discover the village where Vincent Van Gogh lived, have not yet returned. Like the weather, the mood is mixed.

Professionals surveyed by the Paris-Ile-de-France Regional Tourism Committee between August 2 and 4 believe the majority (55%) that the 2021 season is not, for the time being, better than the disastrous 2020 season, which had seen attendance plummet by more than two-thirds. And 22% even believe that their activity is down compared to summer 2020!

At the end of a first semester marked by the containment of spring, the emergence of the Delta variant of SARS-CoV-2 and now the entry into force of the health pass, traders are hardly more inclined to enthusiasm . According to the Alliance du commerce, which brings together associations of Parisian traders, the latter experienced an average drop of 21% in their turnover in June, against only 1% nationally. This figure even reaches 39% in the Champs-Elysées district, the most affected in Paris, followed by the Opera district or Boulevard Haussmann, according to this organization.

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Absence of well-off foreign tourists

“Paris does not manage to get up”, alert Thierry Véron, president of the Federation of associations of traders and craftsmen of Paris (Facap). Professionals are sorry for the absence of foreign tourists with well-stocked wallets: Americans, Russians or Chinese. “In normal times, the absence of Parisians on vacation is compensated by the arrival of many tourists with strong purchasing power, notes the Paris-Ile-de-France Chamber of Commerce and Industry in the balance sheet it has achieved. This year, due to the sanitary situation, tourists are few in number: 73% of traders have not seen tourists in their store during the sales. “ However, in 2019, 22% of stores achieved more than 40% of their turnover during sales with this clientele.

The tourism and trade situation sets the tone for the economic recovery in Ile-de-France: sluggish

The tourism situation, which represents around 13% of the region’s GDP in normal times, as well as that of trade, set the tone for the economic recovery in Ile-de-France: sluggish. While activity at the national level is only 1.5 points from its pre-crisis level, according to the Banque de France’s economic update published on Monday, August 9, the capital region appears to have It is more difficult than others to go up the slope, especially since the crisis has been more violent there. Activity there was reduced by around 30% and the consumption of goods and services by Ile-de-France households fell by more than 60% at the height of the confinement, according to the report carried out by the regional management of the National Institute of statistics and economic studies (Insee).

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