Performance 3 June 2017

After an economic standstill, the French economy has shown signs of recovery, with a GDP growth by 1.2% in 2016 almost at par with 2015. Following the
election of Emmanuel Macron as the new President of France,
economic forecasts for 2017 – 2018 are positive with strong expectations and we expect an increase of business investments.
About Horwath HTL
Horwath HTL is the world”s largest hospitality consulting brand with 45 offices across the world providing expert local knowledge. Since 1915 we have been providing impartial, specialist advice to our clients and are recognized as the founders of the Uniform System of Accounts which subsequently has become the industry standard for hospitality accounting. We focus one hundred percent on hotels, tourism and leisure consulting and have successfully completed over 16,000 projects. If you have any questions, please contact James Chappell, Global Business Director at jchappell@horwathhtl.com