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The Indivisible Image of France

by Georges Panayotis
May 28, 2013

With two consecutive quarters of 0.2% growth decline, France officially entered into recession, which is not good for the morale of the French or for business development.

Consumption may be reduced by excessive precautionary savings and productive investments waiting for better days. The national priority begins foremost with collective economic mobilization and not by rearguard battles on the evolution of society, regardless of respectable opinion. Besides the fact that the recent protests against marriage for all show the face of a blocked society, they show a strange behavior with respect to the republican law. The democratic debate was widely open and public institutions have settled the matter. It is time to move on to issues more vital to our future. The division syndrome is rooted in the French genes, but it is treatable. For our European neighbors, a form of national unity is emerging out of the slump to avoid too-partisan bickering. One would hope that the political forces in France show greater responsibility to not put on a show for the eyes of the world that is watching us. International media is quickly confusing the popular unrest on the Champs-Elysees, the Trocadero and the Invalides, all places of high tourism, and security problems experienced by some of our visitors. When tourism, particularly international, remains one of the few engines of our economy that works, do we need to shoot it in the foot? If our economy is still dragging its feet for the moment, we will be happy to benefit from spending by foreign visitors and their interest to invest in our businesses. Let us now show political civility and intelligence to tackle the real problems of wealth creation. Tourism is an obvious source. The Chinese of the Fosun Group are convinced of the potentiel when they offer to give Club Med new means of development. This is the best recognition of a French know-how in terms of leisure, business model, and positive enhancement of the image of a pioneer in its field. Despite the setbacks and challenges, the perseverance of the president to conduct a new strategy is paying off today. The captains of the French tourism industry are often better known abroad than in their own country. Other examples are not scarced in our sector. After the generation of inventors, our tourism can rely on real efficient managers. We would like to see signs proclaiming it from the Concorde to the Bastille, with all political formations marching together.

ABOUT MKG Group
Established in 1985 by Georges Panayotis, MKG Group has built a solid reputation for business expertise and substantial European-based know-how in the fields of tourism, lodging and food service. MKG Group meets the needs of each of its clients by providing valuable analytical and decision-making skills necessary for success. www.mkg-group.com

For further information , please contact :

MKG Group - International Development Department
Vanguelis Panayotis
T. : +33 (0)1 56 56 87 87
v.panayotis@mkg-group.com

MKG Hospitality - Media Contact
Michael Komodromou
Tel: +44 (0)20 7624 4030
press@mkg-group.com
Web: www.mkg-hospitality.com

 


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European Hospitality Results for 2011 Lie Somewhere Between Satisfaction and a Question Mark; European Union Averaged 5.5% RevPAR Growth / February 2012

2011 Was a Fine Year for French Hospitality: The Year-in-Review of the French Hotel Industry by MKG Group / January 2012

MENA Hotel Performances Bounce Back Posting Excellent RevPAR Growth / November 2011

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