Yes for PAL - or more correctly 50 fields / sec purposes. If the film is originally targeted for TV, then it may be filmed at 25 fps to begin with, which is a straightforward conversion for 50 Hz TV standards. The 4% increase in picture speed is usually far less annoying than the artifacts that would be created by a 24 fps -> 25 fps conversion, although it can be done nowadays. For audio, there are quite effective methods for altering the pitch so you don't notice an increase there even if the frame rate has been increased.
This is a slightly easier problem for NTSC (or again more correctly, 60 Hz standards). Read more you than you ever wanted to hear here.