Global Luxury Travel Market Overview

The Global Luxury Travel Market Size Was Valued At USD 1.43 Trillion In 2021 And Is Projected To Reach USD 2.73 Trillion By 2028, Growing At A CAGR Of 9.7% From 2022 To 2028.

Luxury travel is an exclusive and unique experience and more personalized service. Luxury travel provides comfort, quality stress-free, without haste, or routine experience. The growing demand for luxury travels owing to rising the trend of trekking, adventure, and safari tour. Luxury travel improves physical as well as mental well-being by reducing the stress of a hectic lifestyle. People are living a continuously busy life schedule, they need breaks for their mental and physical health. Thus, they can go to the destination places for relaxation and enjoinment. Moreover, luxury hotels provide expensive services to tourists which can attract to people. They offer welcome drinks on arrival, butler service, flowers in your rooms, beautiful rooms, car parking service, and other services. The number of destination places is also increasing that also attracts people and they like to visit such places. For instance, according to UNESCO, in 2021, there were 104 thousand total museums present around the world. Thus, increasing the number of tourists and to Statista the number of international tourists worldwide was 446.2 million worldwide in 2021. These factors boost the market of luxury travel.

Market Dynamics And Factors For Luxury Travel Market

Drivers:

Rising Demand For Personalized, Unique, and Exotic Travel Experience

The rapidly growing demand for unique, personalized, and exotic travel experiences is the key factor that supports the market growth. Several luxury hotels provide a unique experience, quality of accommodation, and quality of other services to travelers. Security is also offered during luxury travels by hotels with cameras and special card access to rooms while using elevators to your floor. In the world growing number of luxury hotels. For instance, according to Condor Ferries report, an operator of passenger and freight ferry services in the United Kingdom, Bailiwick of Guernsey, Bailiwick of Jersey, and France, there are more than 4,400 four and five-star hotels present around the world. Due to the excellent facility of the hotel, peoples are more attracted to such luxury hotels which increase the number of luxury travelers. Moreover, the growing hectic lifestyle and the number of people demanding luxury travel improve mental as well as physical health by reducing stress, and restoring mental health which increases the luxury travel market.

Restraints:

The Changing Socio-Economic Conditions

Varying socio-economic conditions is the key factor that restricts the growth of the luxury travel market. Several factors can change social and economic conditions such as political unrest, terrorist attacks, and natural disasters including floods, tsunamis, and others. In addition to this prevalence of the chronic diseases like Covid-19. This affected the travel program due to various restrictions and regulations on traveling. These natural disasters spread the financial crisis and luxury traveling is expensive. Thus, such type of socio-economic changes decreases the demand for luxury traveling which hampers the growth of the luxury travel market.

Opportunity:

Opportunity in Emerging Destinations and Advanced Technology

The advanced technologies people can use to travel provide a lucrative opportunity for the luxury travel market during the forecast period. The advanced technology includes high-speed internet with innovative applications that help with the online booking of tickets for flights, and hotels. Due to this people can search online reviews of any hotel or destination, online check the facility provided by hotels, and also people can easily cancel the travel booking. For instance, Airbnb is a luxury travel company that explores various destination places and digitalization helps to collect more information about such destination places. In addition to this, the luxury traveling industries installed Artificial based voice search and voice control with help of the smartphones and speakers that provide the opportunity for the market. Moreover, the rising number of the luxury travel destinations like Tanzania, Seychelles, Peru, Mirihi Island in the Maldives, Aguas Calientes, and others provide a profitable opportunity for the luxury travel market in the projected timeframe.

Segmentation Analysis Of Luxury Travel Market

By Type of Tours, adventure & safari are expected to have dominated the luxury travel market during the forecast period. The tourism company provides adventure and safari activities that contain zoo-like commercial drive-in tourism attractions where travelers can drive their vehicle or the company’s provided vehicle to freely observe roaming animals. In the new generation, there is a trend of watching roaming wild animals in their natural environment. The adventure travels contain activities like climbing expeditions, cycling along rural back roads, trekking into the mountains, and others. These types of adventure and safari tours provide mental and physical well-being by reducing stress. A number of people and also children like to spend time in nature. This type of tour helps tourists in learning new skills and also helps to build new friendships. Thus, adventure and safari tours become more popular in all age groups which supports the growth of the luxury travel market.

By Age Group, baby boomers are anticipated to have the highest market share in the luxury travel market in the analysis time. This age group has sufficient time, and budget to travel and visit several destination places. They want to live physically and mentally fit, so they prefer traveling with partners or friends for changing environments. For instance, according to AARP 2021 Travel Trends,’ there were 54% of the baby boomers planned to travel in the United State. The luxury travel industry provides a number of the facility for baby boomers which also helps to rise the number of tourists in baby boomers that support the growth of the luxury travel market over the forecast period.

Regional Analysis Of Luxury Travel Market

Europe is the dominating country in the luxury travel market owing to the well-financially developed condition of the people. Thus, people more spend on traveling to feel relaxed, restoring their mental health from their daily hectic lifestyle. In addition to this, the growing travel connectivity, and rapid penetration of the high-speed internet this can helps to increase the number of tourists. Personalized service, excellent quality food & wine, health & safety measures, reliable transport, professional staff, leisure luxury, and political stability are the various factors that fuel the luxury travel market. In Europe, very popular destination places are available such as museums, Eifel Tower, castles, enormous palaces, cathedrals, and others. The following figure shows the number of museums in the country in Europe region as of 2021.

These all factors increase the number of tourists in the Europe region. For instance, according to Statista Europe have the largest volume of inbound travelers in 2021 with 303 million arrivals. Thus, the market of luxury travel in the Europe region is anticipated to grow during the forecast period.

The Asia Pacific is the second dominating region in the luxury travel market due to the largest spending on adventure tourism and food tourism. The young population of the APAC region is more and growing interest in trekking, adventure is among them. In the APAC region highest number of the destination places like historical places, museums, and others. For instance, Statista stated the number of museums in Japan was 5738 and in China was 5535 as of March 2021. Japan is one of the luxury travel destinations in the APAC region that provides high-class experience, accommodation, the best gourmet experience, and excellent hospitality. The peoples in Japan are more interested to attend cultural events like maiko or geisha. In addition to this, the highest number of five-star hotels which providing excellent services to tourism. According to Statista, in Indonesia, there were 220 five-star hotels in 2021. Thus, the rising number of tourists. Statista stated that more than 40.5 thousand Airbnb bookings were in Beijing during the first or second week of January 2020.  This number is less as compared to before the prevalence of the covid-19 but after the pandemic, the booking for traveling rapidly increased will provide an opportunity for the luxury travel market of the APAC region in the forecast period.

North America is the second dominating region in the luxury travel market. North America is a financially well-developed region so people in this region can more spend on traveling. The North American peoples are more interested in the visit of the destination places like museums, historical places, and others. For instance, according to Statista, the number of museums in the United States and Canada were 33082 and 2245 respectively as of March 2021. Additionally, in North America highest number of luxury travel industries, luxury hotels, and destination places. This helps to increase the number of people employed as tour and travel guides. For instance, nearly 31 thousand people were employed as tour and travel guides as of May 2021 in the United States. These all factors boost the growth of the luxury travel market in the North American region.

Covid-19 Impact Analysis On Luxury Travel Market

COVID-19 began in Wuhan (China) in December 2019 and has since rapidly grown around the globe. In terms of confirmed cases and reported deaths, the US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are among the countries that have been most severely impacted. Because of the lockdowns, and business closures, COVID-19 has had an impact on the businesses and industries of numerous nations.  The government of various countries around the world-imposed travels restrictions to avoid the spread of the coronavirus. During the pandemic hotels, and entry into the destination places were closed that are hugely impacted the travel market. Moreover, people across the globe were suffering from the financial crisis due to covid-19 lockdowns and business closures.  Owing to the spread of the virus, peoples are more concerned about the Covid infection. They avoid spending time outdoors and they prefer to live at home. Thus, the demand for luxury travel is decreased during the pandemic. However, after the pandemic opening the luxury travel industry with advanced technology will provide an opportunity for the luxury travel market.

Top Key Players Covered In Luxury Travel Market

  • Abercrombie & Kent USA, LLC. (USA)
  • Cox & Kings Ltd. (India)
  • Butterfield & Robinson Inc. (Canada)
  • Scott Dunn Ltd. (UK)
  • Kensington Tours Ltd. (US)
  • Micato Safaris (India)
  • Thomas Cook Ltd. (India)
  • Meredith Corporation, LLC (US)
  • Travcoa Corporation (California)
  • TUI AG, (Germany), and other major players.

Key Industry Development In The Luxury Travel Market

In September 2022, Kensington Tours developed a new online portal that allows travel professionals to complete FIT quotes to more than 80 countries in record time.

In November 2021, a luxury travel provider company, White Desert launched Echo which provides access to the Antarctica continent for rarely-seen interior views and luxurious experiences.

Global Luxury Travel Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 1.43 Tn.

Forecast Period 2022-28 CAGR:

9.7%

Market Size in 2028:

USD 2.73 Tn.

Segments Covered:

By Type Of Tour

  • Adventure & Safari
  • Customized & Private
  • Celebration & Special Events
  • Cruise/Ship Expedition, Others

By Age Group

  • Millennial
  • Generation X
  • Baby Boomers

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rising Demand For Personalized, Unique, and Exotic Travel Experience

Key Market Restraints:

  • The Changing Socio-Economic Conditions

Key Opportunities:

  • Opportunity in Emerging Destinations and Advanced Technology

Companies Covered in the report:

  • Abercrombie & Kent USA, LLC. (USA), Cox & Kings Ltd. (India), Butterfield & Robinson Inc. (Canada), Scott Dunn Ltd. (UK), Kensington Tours Ltd. (US), and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type Of Tour
 3.2 By Age Group

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Luxury Travel Market by Type Of Tour
 5.1 Luxury Travel Market Overview Snapshot and Growth Engine
 5.2 Luxury Travel Market Overview
 5.3 Adventure & Safari
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Adventure & Safari: Geographic Segmentation
 5.4 Customized & Private
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Customized & Private: Geographic Segmentation
 5.5 Celebration & Special Events
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Celebration & Special Events: Geographic Segmentation
 5.6 Cruise/Ship Expedition
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Cruise/Ship Expedition: Geographic Segmentation
 5.7 Others
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Others: Geographic Segmentation

Chapter 6: Luxury Travel Market by Age Group
 6.1 Luxury Travel Market Overview Snapshot and Growth Engine
 6.2 Luxury Travel Market Overview
 6.3 Millennial
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Millennial: Geographic Segmentation
 6.4 Generation X
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Generation X: Geographic Segmentation
 6.5 Baby Boomers
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Baby Boomers: Geographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Luxury Travel Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Luxury Travel Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Luxury Travel Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 ABERCROMBIE & KENT USA
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 LLC.
 7.4 COX & KINGS LTD.
 7.5 BUTTERFIELD & ROBINSON INC.
 7.6 SCOTT DUNN LTD.
 7.7 KENSINGTON TOURS LTD.
 7.8 MICATO SAFARIS
 7.9 THOMAS COOK LTD.
 7.10 MEREDITH CORPORATION
 7.11 LLC
 7.12 TRAVCOA CORPORATION
 7.13 TUI AG
 7.14 OTHER MAJOR PLAYERS

Chapter 8: Global Luxury Travel Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Type Of Tour
  8.2.1 Adventure & Safari
  8.2.2 Customized & Private
  8.2.3 Celebration & Special Events
  8.2.4 Cruise/Ship Expedition
  8.2.5 Others
 8.3 Historic and Forecasted Market Size By Age Group
  8.3.1 Millennial
  8.3.2 Generation X
  8.3.3 Baby Boomers

Chapter 9: North America Luxury Travel Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type Of Tour
  9.4.1 Adventure & Safari
  9.4.2 Customized & Private
  9.4.3 Celebration & Special Events
  9.4.4 Cruise/Ship Expedition
  9.4.5 Others
 9.5 Historic and Forecasted Market Size By Age Group
  9.5.1 Millennial
  9.5.2 Generation X
  9.5.3 Baby Boomers
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Luxury Travel Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type Of Tour
  10.4.1 Adventure & Safari
  10.4.2 Customized & Private
  10.4.3 Celebration & Special Events
  10.4.4 Cruise/Ship Expedition
  10.4.5 Others
 10.5 Historic and Forecasted Market Size By Age Group
  10.5.1 Millennial
  10.5.2 Generation X
  10.5.3 Baby Boomers
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Luxury Travel Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type Of Tour
  11.4.1 Adventure & Safari
  11.4.2 Customized & Private
  11.4.3 Celebration & Special Events
  11.4.4 Cruise/Ship Expedition
  11.4.5 Others
 11.5 Historic and Forecasted Market Size By Age Group
  11.5.1 Millennial
  11.5.2 Generation X
  11.5.3 Baby Boomers
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Luxury Travel Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type Of Tour
  12.4.1 Adventure & Safari
  12.4.2 Customized & Private
  12.4.3 Celebration & Special Events
  12.4.4 Cruise/Ship Expedition
  12.4.5 Others
 12.5 Historic and Forecasted Market Size By Age Group
  12.5.1 Millennial
  12.5.2 Generation X
  12.5.3 Baby Boomers
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Luxury Travel Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type Of Tour
  13.4.1 Adventure & Safari
  13.4.2 Customized & Private
  13.4.3 Celebration & Special Events
  13.4.4 Cruise/Ship Expedition
  13.4.5 Others
 13.5 Historic and Forecasted Market Size By Age Group
  13.5.1 Millennial
  13.5.2 Generation X
  13.5.3 Baby Boomers
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

Global Luxury Travel Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 1.43 Tn.

Forecast Period 2022-28 CAGR:

9.7%

Market Size in 2028:

USD 2.73 Tn.

Segments Covered:

By Type Of Tour

  • Adventure & Safari
  • Customized & Private
  • Celebration & Special Events
  • Cruise/Ship Expedition, Others

By Age Group

  • Millennial
  • Generation X
  • Baby Boomers

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rising Demand For Personalized, Unique, and Exotic Travel Experience

Key Market Restraints:

  • The Changing Socio-Economic Conditions

Key Opportunities:

  • Opportunity in Emerging Destinations and Advanced Technology

Companies Covered in the report:

  • Abercrombie & Kent USA, LLC. (USA), Cox & Kings Ltd. (India), Butterfield & Robinson Inc. (Canada), Scott Dunn Ltd. (UK), Kensington Tours Ltd. (US), and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. LUXURY TRAVEL MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. LUXURY TRAVEL MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. LUXURY TRAVEL MARKET COMPETITIVE RIVALRY
TABLE 005. LUXURY TRAVEL MARKET THREAT OF NEW ENTRANTS
TABLE 006. LUXURY TRAVEL MARKET THREAT OF SUBSTITUTES
TABLE 007. LUXURY TRAVEL MARKET BY TYPE OF TOUR
TABLE 008. ADVENTURE & SAFARI MARKET OVERVIEW (2016-2028)
TABLE 009. CUSTOMIZED & PRIVATE MARKET OVERVIEW (2016-2028)
TABLE 010. CELEBRATION & SPECIAL EVENTS MARKET OVERVIEW (2016-2028)
TABLE 011. CRUISE/SHIP EXPEDITION MARKET OVERVIEW (2016-2028)
TABLE 012. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 013. LUXURY TRAVEL MARKET BY AGE GROUP
TABLE 014. MILLENNIAL MARKET OVERVIEW (2016-2028)
TABLE 015. GENERATION X MARKET OVERVIEW (2016-2028)
TABLE 016. BABY BOOMERS MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA LUXURY TRAVEL MARKET, BY TYPE OF TOUR (2016-2028)
TABLE 018. NORTH AMERICA LUXURY TRAVEL MARKET, BY AGE GROUP (2016-2028)
TABLE 019. N LUXURY TRAVEL MARKET, BY COUNTRY (2016-2028)
TABLE 020. EUROPE LUXURY TRAVEL MARKET, BY TYPE OF TOUR (2016-2028)
TABLE 021. EUROPE LUXURY TRAVEL MARKET, BY AGE GROUP (2016-2028)
TABLE 022. LUXURY TRAVEL MARKET, BY COUNTRY (2016-2028)
TABLE 023. ASIA PACIFIC LUXURY TRAVEL MARKET, BY TYPE OF TOUR (2016-2028)
TABLE 024. ASIA PACIFIC LUXURY TRAVEL MARKET, BY AGE GROUP (2016-2028)
TABLE 025. LUXURY TRAVEL MARKET, BY COUNTRY (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA LUXURY TRAVEL MARKET, BY TYPE OF TOUR (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA LUXURY TRAVEL MARKET, BY AGE GROUP (2016-2028)
TABLE 028. LUXURY TRAVEL MARKET, BY COUNTRY (2016-2028)
TABLE 029. SOUTH AMERICA LUXURY TRAVEL MARKET, BY TYPE OF TOUR (2016-2028)
TABLE 030. SOUTH AMERICA LUXURY TRAVEL MARKET, BY AGE GROUP (2016-2028)
TABLE 031. LUXURY TRAVEL MARKET, BY COUNTRY (2016-2028)
TABLE 032. ABERCROMBIE & KENT USA: SNAPSHOT
TABLE 033. ABERCROMBIE & KENT USA: BUSINESS PERFORMANCE
TABLE 034. ABERCROMBIE & KENT USA: PRODUCT PORTFOLIO
TABLE 035. ABERCROMBIE & KENT USA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 035. LLC.: SNAPSHOT
TABLE 036. LLC.: BUSINESS PERFORMANCE
TABLE 037. LLC.: PRODUCT PORTFOLIO
TABLE 038. LLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. COX & KINGS LTD.: SNAPSHOT
TABLE 039. COX & KINGS LTD.: BUSINESS PERFORMANCE
TABLE 040. COX & KINGS LTD.: PRODUCT PORTFOLIO
TABLE 041. COX & KINGS LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. BUTTERFIELD & ROBINSON INC.: SNAPSHOT
TABLE 042. BUTTERFIELD & ROBINSON INC.: BUSINESS PERFORMANCE
TABLE 043. BUTTERFIELD & ROBINSON INC.: PRODUCT PORTFOLIO
TABLE 044. BUTTERFIELD & ROBINSON INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. SCOTT DUNN LTD.: SNAPSHOT
TABLE 045. SCOTT DUNN LTD.: BUSINESS PERFORMANCE
TABLE 046. SCOTT DUNN LTD.: PRODUCT PORTFOLIO
TABLE 047. SCOTT DUNN LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. KENSINGTON TOURS LTD.: SNAPSHOT
TABLE 048. KENSINGTON TOURS LTD.: BUSINESS PERFORMANCE
TABLE 049. KENSINGTON TOURS LTD.: PRODUCT PORTFOLIO
TABLE 050. KENSINGTON TOURS LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. MICATO SAFARIS: SNAPSHOT
TABLE 051. MICATO SAFARIS: BUSINESS PERFORMANCE
TABLE 052. MICATO SAFARIS: PRODUCT PORTFOLIO
TABLE 053. MICATO SAFARIS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. THOMAS COOK LTD.: SNAPSHOT
TABLE 054. THOMAS COOK LTD.: BUSINESS PERFORMANCE
TABLE 055. THOMAS COOK LTD.: PRODUCT PORTFOLIO
TABLE 056. THOMAS COOK LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. MEREDITH CORPORATION: SNAPSHOT
TABLE 057. MEREDITH CORPORATION: BUSINESS PERFORMANCE
TABLE 058. MEREDITH CORPORATION: PRODUCT PORTFOLIO
TABLE 059. MEREDITH CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. LLC: SNAPSHOT
TABLE 060. LLC: BUSINESS PERFORMANCE
TABLE 061. LLC: PRODUCT PORTFOLIO
TABLE 062. LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. TRAVCOA CORPORATION: SNAPSHOT
TABLE 063. TRAVCOA CORPORATION: BUSINESS PERFORMANCE
TABLE 064. TRAVCOA CORPORATION: PRODUCT PORTFOLIO
TABLE 065. TRAVCOA CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. TUI AG: SNAPSHOT
TABLE 066. TUI AG: BUSINESS PERFORMANCE
TABLE 067. TUI AG: PRODUCT PORTFOLIO
TABLE 068. TUI AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 069. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 070. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 071. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. LUXURY TRAVEL MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. LUXURY TRAVEL MARKET OVERVIEW BY TYPE OF TOUR
FIGURE 012. ADVENTURE & SAFARI MARKET OVERVIEW (2016-2028)
FIGURE 013. CUSTOMIZED & PRIVATE MARKET OVERVIEW (2016-2028)
FIGURE 014. CELEBRATION & SPECIAL EVENTS MARKET OVERVIEW (2016-2028)
FIGURE 015. CRUISE/SHIP EXPEDITION MARKET OVERVIEW (2016-2028)
FIGURE 016. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 017. LUXURY TRAVEL MARKET OVERVIEW BY AGE GROUP
FIGURE 018. MILLENNIAL MARKET OVERVIEW (2016-2028)
FIGURE 019. GENERATION X MARKET OVERVIEW (2016-2028)
FIGURE 020. BABY BOOMERS MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA LUXURY TRAVEL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE LUXURY TRAVEL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC LUXURY TRAVEL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA LUXURY TRAVEL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA LUXURY TRAVEL MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be forecast period in the Luxury Travel Market research report?

The forecast period in the Luxury Travel Market research report is 2022-2028.

Who are the key players in Luxury Travel Market?

Abercrombie & Kent USA, LLC. (USA), Cox & Kings Ltd. (India), Butterfield & Robinson Inc. (Canada), Scott Dunn Ltd. (UK), Kensington Tours Ltd. (US), Micato Safaris (India), Thomas Cook Ltd. (India), Meredith Corporation, LLC (US), Travcoa Corporation (California), TUI AG, (Germany), and other major players.

What are the segments of Luxury Travel Market?

The Luxury Travel Market is segmented into Type Of Tour, Age Group, and region. By Type Of Tour the market is categorized into Adventure & Safari, Customized & Private, Celebration & Special Events, Cruise/Ship Expedition, and Others. By Age Group, the market is categorized into Millennial, Generation X, and Baby Boomers. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.).

What is the Luxury Travel Market?

Luxury travel is an exclusive and unique experience and more personalized service. Luxury travel provides comfort, quality stress-free, without haste, or routine experience. The growing demand for luxury travels owing to rising the trend of trekking, adventure, and safari tour. Luxury travel improves physical as well as mental well-being by reducing the stress of a hectic lifestyle.

How big is the Luxury Travel Market?

The global Luxury Travel Market size was valued at USD 1.43 Trillion in 2021 and is projected to reach USD 2.73 Trillion by 2028, growing at a CAGR of 9.7% from 2022 to 2028.