After months of terrorist attacks across France, the economy of Paris has lost almost $1 billion in tourism revenue in the first half of 2016 compared to the first six months of 2015, according to a Tuesday report.
The French Committee of Regional Tourism for the Île-de-France, or Paris Region, announced that the Parisian economy has lost over $850 million largely as a result of 1 million less people visiting The City of Light. Terrorism has plagued Paris dating back to the January 2015 Islamic extremist attacks on French satirical publication Charlie Hebdo and a Kosher supermarket.
Most recently, ISIS battered Paris with November 13 attacks that killed 130 people. Tourism from major foreign countries has sharply declined year-on-year with 46.2 percent, 35 percent, 27.7 percent, 19.6 percent, and 5.7 percent less visitors from Japanese, Russian, Italian, Chinese, and American tourists respectively. – READ MORE