The desire to travel to France will remain strong throughout the forecast period. There is still a lot of pent-up demand for travel from during the lockdowns, during which many affluent consumers built up involuntary savings with which to fund future travel.
The Paris Games 2024, which forms the Olympics and Paralympics, should present great opportunities for growth in domestic and inbound flows, with luxury hotels set to benefit in the short term as huge numbers of spectators flood into the city. The predicted figures vary a lot, but, on average, 15 million physical spectators (many of whom will be local) are expected to arrive in Paris and other Olympic cities.
One noticeable success has been the growth of sustainable luxury travel and a desire for more natural experiences. There has been a huge increase in the use of national parks and nature reserves across France as luxury destinations, as many people look for wellness propositions when choosing their holiday and travel destinations.
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Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in France with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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This is an aggregation of Luxury Hotels and Luxury Foodservice.See All of Our Definitions
This report originates from Passport, our Experiential Luxury research and analysis database.
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