Luxury travel market epitomizes most desirable destinations, luxurious accommodations, convenient transport facilities, and authentic travel experience. Luxury travel aims to offer exotic experience to its travelers. Private jet planes, spas, special menus, private island rentals, and private yachts are some of the unique services offered to the luxury travelers. Travelers, nowadays, love to experiment with destinations to gain deeper experience and absorb new cultures globally. To gain a valuable and unforgettable experience, people increasingly opt for unique trips, which include cultural visit, cruising, and adventure activities. People spend large amount of money on luxury travel to avail the highest level of comfort and exclusive individual services. Europe and North America are the most preferred destinations for luxury travel.
France is one of the most sought after destinations for travel among both European and Non-European tourists. Luxurious accommodation, rich culture, easy availability of services such as transportation and security, makes France popular among travelers. Some of the most popular areas in France include:
The France luxury travel market is expected to witness substantial growth in the coming years. The growth of this sector can be attributed to rise in inclination of people toward unique and exotic holiday experiences. Furthermore, the rise in the middle & upper class expenditure, and growth in interest of people to spend more time with family are some of the factors that propel the growth of the luxury travel market. People opt for unique abroad holiday, cruising, and adventure trips for valuable experiences. Business travel has also evolved over time and people tend to travel lavishly for business trips. However, fluctuating economies in many regions act as a threat for the growth of the luxury travel market. On the contrary, growing aspiration toward affluence coupled with improving affordability of luxury travel offers avenues for growth in the France luxury travel market.
The 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 is classified into 21-30 years, 31-40 years, 41-60 years, and above 60 years. Luxury travel market is further divided into type of traveler as absolute luxury, aspiring luxury, and accessible luxury.
The key players profiled in this report include Abercrombie & Kent Ltd, Cox and Kings Ltd, TUI group, Voyageurs Du Monde, Asia.Fr, Beachcomber, Kuoni, Voyages Confidential, Ponant, and Prestige Voyages.
France is one of the most sought after destinations for travel among both European and Non-European tourists. Luxurious accommodation, rich culture, easy availability of services such as transportation and security, makes France popular among travelers. Some of the most popular areas in France include:
- Paris
- Loire Valley
- Champagne
- Bordeaux
- Burgundy
The France luxury travel market is expected to witness substantial growth in the coming years. The growth of this sector can be attributed to rise in inclination of people toward unique and exotic holiday experiences. Furthermore, the rise in the middle & upper class expenditure, and growth in interest of people to spend more time with family are some of the factors that propel the growth of the luxury travel market. People opt for unique abroad holiday, cruising, and adventure trips for valuable experiences. Business travel has also evolved over time and people tend to travel lavishly for business trips. However, fluctuating economies in many regions act as a threat for the growth of the luxury travel market. On the contrary, growing aspiration toward affluence coupled with improving affordability of luxury travel offers avenues for growth in the France luxury travel market.
The 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 is classified into 21-30 years, 31-40 years, 41-60 years, and above 60 years. Luxury travel market is further divided into type of traveler as absolute luxury, aspiring luxury, and accessible luxury.
The key players profiled in this report include Abercrombie & Kent Ltd, Cox and Kings Ltd, TUI group, Voyageurs Du Monde, Asia.Fr, Beachcomber, Kuoni, Voyages Confidential, Ponant, and Prestige Voyages.
Key benefits for stakeholders
- The study provides an in-depth analysis of the global luxury travel market, with current and future trends to elucidate the imminent investment pockets in the market.
- Current and future trends are outlined in the report to determine the overall market attractiveness and single out profitable trends to gain a stronger foothold in the market.
- The report provides information regarding drivers, restraints, and opportunities with impact analysis.
- A quantitative analysis of the current market and estimation for the same from 2020 to 2030 is provided to showcase the financial competency of the market.
- Porter’s five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as, threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
- Competitive intelligence highlights the business practices followed by the leading market players across France.
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 Traveller
- Absolute Luxury
- Aspiring Luxury
- Accessible Luxury
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: FRANCE LUXURY TRAVEL MARKET, BY TYPE OF TOUR
CHAPTER 5: FRANCE LUXURY TRAVEL MARKET, BY AGE GROUP
CHAPTER 6: LUXURY TRAVEL MARKET, BY TYPE OF TRAVELER
CHAPTER 7: COMPETITION LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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