The France luxury travel market size was valued at $4,210.0 million in 2020 and is expected to grow at a CAGR of 20.4% to reach the market size of $53,636.5 million by 2030. The adventure & safari segment dominated the France luxury travel market, accounting for majority of the share in 2020. Luxury travel services cover most desirable and premium experience in terms of luxurious accommodations, convenient transport facilities, and authentic travel experience. The service providers aim to provide outstanding services to its travelers. Private jet planes, spas, special menus, private island rentals, and private yacht are some of the unique services offered by the stakeholders to the travelers. Travelers, nowadays, focus on experimenting with destinations to gain experience in terms of cultures, foods, and other experiences. To gain a valuable and unforgettable experience, people increasingly opt for unique trips, which include cultural visit, cruising, and adventure activities.

The growth of the France luxury travel market is attributable to large number of luxury travel companies switching to new age technologies. This is to boost the luxury travel status and delivering guests with state of the art facilities. Oculus rift-virtual reality device, Amazon eco-artificial intelligence, Go pro-wearable technology, and DaVinci 3D printing are some of the advanced technologies launched for the customers to enhance their travel experience. Growth in the number of HNIs population and rise in aspirations of young and rich millennial are expected to majorly foster the market growth for the France luxury travel market.

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Surge in interest of people to explore new places and to have unique travel experiences have encouraged market players to offer trips that connect the travelers to the local culture of the destination and explore the unknown acquaintance of the place and its people. However, changing socio-economic conditions threatens the France luxury travel market growth.

The France luxury travel market is segmented on the basis of type of tour, age group, and type of traveler. Based on type of tour, the market is categorized into customized and private vacations, adventure and safari, cruise/ship expedition, small group journey, celebration and special event, and culinary travel and shopping. Based on the age group the market has been categorized into 21 to 30 years, 31 to 40 years, 41-60 years, Above 60 years. Based on type of traveler, the France luxury travel market is classified into absolute luxury, aspiring luxury, and accessible luxury.

By type of tour, the adventure and safari segment holds majority of the France luxury travel market share. The segment is expected to continue its leading market position, during the forecast period, owing to the increased interest of people to explore new and exciting experiences while traveling. 

Based on the France luxury travel market forecast by age group, 41-60 years segment is estimated to be the fastest growing market in the overall luxury travel market. However, the 21-30 years segment was the fastest growing segment in 2020. The growth of this segment can be attributed to growing aspiration of travel and luxury through social media. 

Based on the France luxury travel market analysis by type of traveler, the absolute luxury is the largest and the fastest growing segment in the luxury travel market. The growth of this segment can be attributed to growing affinity of luxury travel among the affluent travelers in France.

The key players in the France luxury travel industry are Abercrombie & Kent Ltd, Cox and Kings Ltd, TUI group, Voyageurs Du Monde, Asia.Fr, Beachcomber, Kuoni, Voyages Confidential, Ponant, and Prestige Voyages.

COVID-19 impact and analysis for luxury travel market:

COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from humans to humans. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020. 

The outbreak of COVID-19 pandemic had led to partial or complete shutdown of production facilities, which do not come under essential goods, owing to prolonged lockdown in major countries such as the U.S., China, Japan, India, France and Germany. It has led to either closure or suspension of their production activities in most of the industrial units across the world.

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COVID-19 pandemic has impacted all the industries globally. The tourism industry has been hit hard all over the world, impacting its associated sectors such as travel agencies, hospitality, tour operators, and all kinds of transportation services. Around 90% of the global population was adjusted to their lifestyle under several travel restrictions and remaining population stayed home in fear of the virus itself. Thus, the tourism sector came to a near standstill. According to the article published by the World Travel and Tourism Council (WTCC) in August 2020, the COVID-19 pandemic is likely to cost the tourism industry revenue loss of almost $25 billion and a loss of almost 100 million jobs worldwide. 

Furthermore, owing to the implementation of lockdown and social distancing norms in almost every country of the world, flights were grounded, trains stopped running, and almost all public transport services were halted. With social distancing becoming the new lifestyle in public places and masks & gloves turning to be daily wear accessories, people prefer to remain safe at homes, thereby declining the number of travelers. Hence, affecting the growth of France luxury travel market.

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Changes observed in the France luxury travel industry are:

• Borders were closed due to lockdown, thus bringing overseas travel to a standstill since five to six months. 
• A significant decrease in business travel was witnessed. Majority of the business meetings are being conducted on video calling applications.
• Group and leisure travel have almost stopped owing to the fear of being infected.

Hospitality and luxury travel sectors have faced the negative impact of the COVID-19 pandemic. Recovery in the sector is now visible after around October 2021, as travelers have started stepping out and travelling. 

Hoteliers will have to focus on innovative marketing communication & strategies to ensure confidence in potential travelers about their properties being safe. Increased focus is required on cleanliness and sanitization of properties to create confidence and evince interest. Hoteliers will have to come up with attractive schemes and offers to attract guests and have to increase their occupancy levels. Moreover, increased use of technology and reduction in human interface are required to ensure safety, which, in turn, is expected to revive the hospitality and luxury travel sectors.

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Key Benefits of France Luxury Travel Market:

• The study provides an in-depth analysis of the France luxury travel market trends with future estimations to elucidate the imminent investment pockets.
• The report provides a quantitative analysis of the market from 2020 to 2030 to identify the prevailing France luxury travel market opportunities.
• The report provides a quantitative analysis from 2020 to 2030, which is expected to enable the stakeholders to capitalize on prevailing luxury travel market trends.
• In-depth analysis and the market size and segmentation assists in determining the prevailing opportunities.
• Competitive intelligence in luxury travel market analysis highlights the business practices followed by leading players across France.

France Luxury Travel Key Market Segments:

By Type of Tour

• Customized & Private Vacation
• Adventure & Safari
• Cruise/Ship Expedition
• Small Group Journey
• Celebration & Special Event
• Culinary Travel & Shopping

By Age Group

• 21 to 30 Years
• 31 to 40 Years
• 41-60 Years
• Above 60 Years

By Type of Traveler

• Absolute Luxury
• Aspiring Luxury
• Accessible Luxury

 Key Market Segments

• By Type of Tour
  • Customized & Private Vacation
  • Adventure & Safari
  • Cruise/Ship Expedition
  • Small Group Journey
  • Celebration & Special Event
  • Culinary Travel & Shopping
• By Age Group
  • 21 to 30 Years
  • 31 to 40 Years
  • 41-60 Years
  • Above 60 Years
• By Type of Traveler
  • Absolute Luxury
  • Aspiring Luxury
  • Accessible Luxury

 
Key Market Players

• ABERCROMBIE & KENT USA, LLC
• COX & KINGS LTD.
• VOYAGEURS DU MONDE
• PRESTIGE VOYAGES
• BEACHCOMBER TOURS
• KENSINGTON TOURS
• KUONI
• ASIA.FR
• TUI GROUP
• PONANT

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factor

3.2.1.1.Positive impact of factors:

3.2.1.1.1.Growing inclination of people toward unique and exotic holiday experiences
3.2.1.1.2.Growing middle and upper middle-class spending
3.2.1.1.3.Growing trend of online bookings
3.2.1.1.4.Rising social media and its impact on travel industry

3.2.1.2.Negative impact of factors:

3.2.1.2.1.Varying socio-economic conditions
3.2.1.2.2.Impact of natural parameters

3.2.1.3.Factors acting as opportunity:

3.2.1.3.1.Emerging new destinations
3.2.1.3.2.Demand for enhanced service standards

3.2.2.Top investment pockets

3.3.Porter’s five forces analysis
3.4.COVID-19 impact analysis

3.4.1.Introduction
3.4.2.Impact on luxury travel market

3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Growing inclination of people toward unique and exotic holiday experiences
3.5.1.2.Growing middle and upper middle class spending
3.5.1.3.Growing trend of online bookings
3.5.1.4.Rise of social media and its impact on travel industry

3.5.2.Restraint

3.5.2.1.Varying socio-economic conditions
3.5.2.2.Effect of natural parameters

3.5.3.Opportunities

3.5.3.1.Emerging new destinations
3.5.3.2.Demand for enhanced service standards

3.6.Impact of key regulation
3.7.Global luxury travel market

3.7.1.By type of tour
3.7.2.By age group
3.7.3.By type of traveler

3.8.Europe luxury travel market

3.8.1.By type of tour
3.8.2.By age group
3.8.3.By Type of Traveler

CHAPTER 4:FRANCE LUXURY TRAVEL MARKET, BY TYPE OF TOUR

4.1.Overview

4.1.1.Market size and forecast

4.2.Customized & Private Vacations

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast

4.3.Adventure & Safari

4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast

4.4.Cruise/Ship Expedition

4.4.1.Key market trends, growth factors and opportunities
4.4.2.Market size and forecast

4.5.Small Group Journey

4.5.1.Key market trends, growth factors and opportunities
4.5.2.Market size and forecast

4.6.Celebration & Special Events

4.6.1.Key market trends, growth factors and opportunities
4.6.2.Market size and forecast

4.7.Culinary Travel & Shopping

4.7.1.Key market trends, growth factors and opportunities
4.7.2.Market size and forecast

CHAPTER 5:FRANCE LUXURY TRAVEL MARKET, BY AGE GROUP

5.1.Overview

5.1.1.Market size and forecast

5.2.21-30 Years

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast

5.3.31-40 Years

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast

5.4.41-60 Years

5.4.1.Key market trends, growth factors and opportunities
5.4.2.Market size and forecast

5.5.Above 60 Years

5.5.1.Key market trends, growth factors and opportunities
5.5.2.Market size and forecast

CHAPTER 6:LUXURY TRAVEL MARKET, BY TYPE OF TRAVELER

6.1.Overview

6.1.1.Market size and forecast

6.2.Absolute luxury

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast

6.3.Aspiring luxury

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast

6.4.Accessible luxury

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast

CHAPTER 7:COMPETITION LANDSCAPE

7.1.Top winning strategies
7.2.Product mapping
7.3.Competitive dashboard
7.4.Competitive heat map
7.5.Key developments

7.5.1.Acquisition
7.5.2.Business Expansion
7.5.3.Product Launch

CHAPTER 8:COMPANY PROFILES

8.1.ABERCROMBIE & KENT USA, LLC

8.1.1.Company overview
8.1.2.Key Executive
8.1.3.Company snapshot
8.1.4.Product portfolio
8.1.5.Key strategic moves and developments

8.2.ASIA.FR

8.2.1.Company overview
8.2.2.Key Executives
8.2.3.Company snapshot
8.2.4.Product portfolio

8.3.BEACHCOMBER TOURS

8.3.1.Company overview
8.3.2.Key Executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.Business performance
8.3.7.Key strategic moves and developments

8.4.COX & KINGS LTD.

8.4.1.Company overview
8.4.2.Key Executive
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.Business performance
8.4.7.Key strategic moves and developments

8.5.KENSINGTON TOURS

8.5.1.Company overview
8.5.2.Key Executive
8.5.3.Company snapshot
8.5.4.Product portfolio
8.5.5.Key strategic moves and developments

8.6.KUONI

8.6.1.Company overview
8.6.2.Key Executives
8.6.3.Company snapshot
8.6.4.Product portfolio
8.6.5.Business performance
8.6.6.Key strategic moves and developments

8.7.PONANT

8.7.1.Company overview
8.7.2.Key Executives
8.7.3.Company snapshot
8.7.4.Product portfolio
8.7.5.Key strategic moves and developments

8.8.PRESTIGE VOYAGES

8.8.1.Company overview
8.8.2.Key Executives
8.8.3.Company snapshot
8.8.4.Product portfolio

8.9.TUI GROUP

8.9.1.Company overview
8.9.2.Key Executive
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.Business performance
8.9.7.Key strategic moves and developments

8.10.VOYAGEURS DU MONDE

8.10.1.Company overview
8.10.2.Key Executives
8.10.3.Company snapshot
8.10.4.Product portfolio
8.10.5.Business performance
8.10.6.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL LUXURY TRAVEL MARKET REVENUE, BY TYPES OF TOUR, 2020–2030 ($MILLION)
TABLE 02.GLOBAL LUXURY TRAVEL MARKET REVENUE, BY AGE GROUP, 2020–2030 ($MILLION)
TABLE 03.GLOBAL LUXURY TRAVEL MARKET REVENUE, BY TYPE OF TRAVELER, 2020–2030 ($MILLION)
TABLE 04.EUROPE LUXURY TRAVEL MARKET REVENUE, BY TYPES OF TOUR, 2020–2030 ($MILLION)
TABLE 05.EUROPE LUXURY TRAVEL MARKET REVENUE, BY AGE GROUP, 2020–2030 ($MILLION)
TABLE 06.EUROPE LUXURY TRAVEL MARKET REVENUE, BY TYPE OF TRAVELER, 2020–2030 ($MILLION)
TABLE 07.FRANCE LUXURY TRAVEL MARKET REVENUE, BY TYPES OF TOUR, 2020–2030 ($MILLION)
TABLE 08.FRANCE LUXURY TRAVEL MARKET REVENUE, BY AGE GROUP, 2020–2030 ($MILLION)
TABLE 09.FRANCE LUXURY TRAVEL MARKET REVENUE, BY TYPE OF TRAVELER, 2020–2030 ($MILLION)
TABLE 10.ABERCROMBIE & KENT USA, LLC: KEY EXECUTIVES
TABLE 11.ABERCROMBIE & KENT USA, LLC: COMPANY SNAPSHOT
TABLE 12.ABERCROMBIE & KENT USA, LLC: PRODUCT PORTFOLIO
TABLE 13.ASIA.FR: KEY EXECUTIVES
TABLE 14.ASIA.FR: COMPANY SNAPSHOT
TABLE 15.ASIA.FR: PRODUCT PORTFOLIO
TABLE 16.BEACHCOMBER TOURS: KEY EXECUTIVES
TABLE 17.BEACHCOMBER TOURS: COMPANY SNAPSHOT
TABLE 18.BEACHCOMBER TOURS: OPERATING SEGMENTS
TABLE 19.BEACHCOMBER TOURS: PRODUCT PORTFOLIO
TABLE 20.BEACHCOMBER TOURS: NET SALES, 2017–2019 ($MILLION)
TABLE 21.COX & KINGS LTD.: KEY EXECUTIVES
TABLE 22.COX & KINGS LTD.: COMPANY SNAPSHOT
TABLE 23.COX & KINGS LTD.: OPERATING SEGMENTS
TABLE 24.COX & KINGS LTD.: PRODUCT PORTFOLIO
TABLE 25.COX & KINGS LTD.: NET SALES, 2016–2018 ($MILLION)
TABLE 26.KENSINGTON TOURS: KEY EXECUTIVES
TABLE 27.KENSINGTON TOURS: COMPANY SNAPSHOT
TABLE 28.KENSINGTON TOURS: PRODUCT PORTFOLIO
TABLE 29.KUONI: KEY EXECUTIVES
TABLE 30.KUONI: COMPANY SNAPSHOT
TABLE 31.KUONI: PRODUCT PORTFOLIO
TABLE 32.KUONI: NET SALES, 2018–2020 ($MILLION)
TABLE 33.PONANT: KEY EXECUTIVES
TABLE 34.PONANT: COMPANY SNAPSHOT
TABLE 35.PONANT: PRODUCT PORTFOLIO
TABLE 36.PRESTIGE VOYAGES: KEY EXECUTIVES
TABLE 37.PRESTIGE VOYAGES: COMPANY SNAPSHOT
TABLE 38.PRESTIGE VOYAGES: PRODUCT PORTFOLIO
TABLE 39.TUI GROUP: KEY EXECUTIVES
TABLE 40.TUI GROUP: COMPANY SNAPSHOT
TABLE 41.TUI GROUP: OPERATING SEGMENTS
TABLE 42.TUI GROUP: PRODUCT PORTFOLIO
TABLE 43.TUI GROUP: NET SALES, 2018–2020 ($MILLION)
TABLE 44.VOYAGEURS DU MONDE: KEY EXECUTIVES
TABLE 45.VOYAGEURS DU MONDE: COMPANY SNAPSHOT
TABLE 46.VOYAGEURS DU MONDE: PRODUCT PORTFOLIO
TABLE 47.VOYAGEURS DU MONDE: NET SALES, 2017–2019 ($MILLION)

LIST OF FIGURES

FIGURE 01.FRANCE LUXURY TRAVEL, KEY SEGMENTS
FIGURE 02.TOP INVESTMENT POCKETS
FIGURE 03.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 04.MODERATE BARGAINING POWER OF BUYERS
FIGURE 05.HIGH THREAT OF NEW ENTRANTS
FIGURE 06.HIGH THREAT OF SUBSTITUTES
FIGURE 07.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 08.IMPACT OF COVID-19 ON FRANCE LUXURY TRAVEL MARKET REVENUE
FIGURE 09.LUXURY TRAVEL MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 10.GROWING MIDDLE CLASS SPENDING, 2009-2030, ($TRILLION)
FIGURE 11.FRANCE LUXURY TRAVEL MARKET, BY TYPE OF TOUR, 2020 (%)
FIGURE 12.FRANCE LUXURY TRAVEL MARKET FOR CUSTOMIZED & PRIVATE VACATION, 2020-2030 ($MILLION)
FIGURE 13.FRANCE LUXURY TRAVEL MARKET FOR ADVENTURE & SAFARI, 2020-2030 ($MILLION)
FIGURE 14.FRANCE LUXURY TRAVEL MARKET FOR CRUISE/SHIP EXPEDITION, 2020-2030 ($MILLION)
FIGURE 15.FRANCE LUXURY TRAVEL MARKET FOR SMALL GROUP JOURNEY, 2020-2030 ($MILLION)
FIGURE 16.FRANCE LUXURY TRAVEL MARKET FOR CELEBRATION & SPECIAL EVENT, 2020-2030 ($MILLION)
FIGURE 17.FRANCE LUXURY TRAVEL MARKET FOR CULINARY TRAVEL & SHOPPING, 2020-2030 ($MILLION)
FIGURE 18.FRANCE LUXURY TRAVEL MARKET, BY AGE GROUP, 2020 (%)
FIGURE 19.FRANCE LUXURY TRAVEL MARKET FOR 21-30 YEARS, 2020-2030 ($MILLION)
FIGURE 20.FRANCE LUXURY TRAVEL MARKET FOR 31-40 YEARS, 2020-2030 ($MILLION)
FIGURE 21.FRANCE LUXURY TRAVEL MARKET FOR 41-60 YEARS, 2020-2030 ($MILLION)
FIGURE 22.FRANCE LUXURY TRAVEL MARKET FOR ABOVE 60 YEARS, 2020-2030 ($MILLION)
FIGURE 23.FRANCE LUXURY TRAVEL MARKET, BY TYPE OF TRAVELER, 2020 (%)
FIGURE 24.FRANCE LUXURY TRAVEL MARKET FOR ABSOLUTE LUXURY, 2020-2030 ($MILLION)
FIGURE 25.FRANCE LUXURY TRAVEL MARKET FOR ASPIRING LUXURY, 2020-2030 ($MILLION)
FIGURE 26.FRANCE LUXURY TRAVEL MARKET FOR ACCESSIBLE LUXURY, 2020-2030 ($MILLION)
FIGURE 27.TOP WINNING STRATEGIES, BY YEAR, 2017–2021*
FIGURE 28.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2021* (%)
FIGURE 29.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 30.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 31.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 32.BEACHCOMBER TOURS: NET SALES, 2017–2019 ($MILLION)
FIGURE 33.BEACHCOMBER TOURS: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 34.BEACHCOMBER TOURS: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 35.COX & KINGS LTD.: NET SALES, 2016–2018 ($MILLION)
FIGURE 36.COX & KINGS LTD.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 37.COX & KINGS LTD.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 38.KUONI: NET SALES, 2018–2020 ($MILLION)
FIGURE 39.TUI GROUP: NET SALES, 2018–2020 ($MILLION)
FIGURE 40.TUI GROUP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 41.TUI GROUP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 42.VOYAGEURS DU MONDE: NET SALES, 2017–2019 ($MILLION)