Global Luxury Travel Market Overview & Trends 2019-2025

1
Luxury Travel Market

• by Age Group (Millennials, Generation X, Baby
  Boomer and Silver Hair), by Application
  (Adventure Travel, Personalized Vacations,
  Cruising and Yachting, Culinary Travel and
  Others), by Region and Forecast 2018 to 2025

Single Use License US 4500
Request Sample
2
Luxury Travel Market Size and Share-Global
Forecast to 2025

• The global luxury travel market is expected to be
  valued at USD 354.7 billion in 2017. The most
  desirable destination, luxurious accommodation,
  convenience of transportation and genuine
  experience is characterized by a luxurious travel
  market. The goal of luxury travel is to give its
  travelers exotic experience. The luxury travelers
  are provided with the unique services of private
  jet planes, Spas and special menus, private
  island rentals and private yacht.
• Today, travelers like to experiment with
  destinations in order to gain more experience and
  to absorb new cultures around the world. People
  are increasingly choosing unique trips, including
  cultural visits, cruising or adventure activities
  to gain a worthy and unforgettable experience.
  The luxury travel market is projected to become
  the world's fastest growing travel sector. The
  main drivers of rising luxury tourism trends
  include people's inclination to uniquely exotic
  holidays, increasing disposable revenues and
  associated cost in the middle and high class, and
  people's growing necessity and interest to spend
  longer with families, due to increasingly busy
  lifestyles.

3
Luxury Travel Market Size and Share-Global
Forecast to 2025

• In the last couple of decades, luxury tourism has
  uninterruptedly grown into one of the world's
  biggest and fastest growing economic sectors. 
  The traveling industry is growing to meet its
  demands as new rich citizens emerge in various
  parts of the world. Emerging Middle classes seek
  the substantive aspect of luxury journeys, more
  mature markets seek new luxuries. The supply, and
  in particular the demand, of a certain category
  of the tourism sector represents luxury travel.
• Based on application, the global luxury travel
  market is fragmented into adventure travel,
  personalized vacations, cruising and yachting,
  culinary travel and others. The adventure travel
  segment accounted for the largest share of 48.8
  in 2017 and is expected to witness a robust
  growth over the forecast period. Increasing
  inclination of travelers towards adventure travel
  such as safaris is a major trend in the market.
  Fly in safaris, mobile guided safaris, self-drive
  safaris, etc. are some of the major types. The
  development of a tourism market has required
  significant foreign direct capital (FDI)
  investments in Africa and in other emerging
  markets in order to build up necessary
  infrastructures and super-structures, like
  hotels, charter services and airline access.
  Primary foreign direct investors in South Africa,
  for example, come from countries like the United
  Kingdom, Germany, the Netherlands, the US and
  France. These countries are also the main markets
  for international visitors to the region, which
  suggest a strong correlation between visiting
  countries and direct investment sources. Investor
  markets vary accordingly for the various sub
  sectors of tourism French companies, for
  example, tend to concentrate on wine companies,
  United Kingdom. And US investors are developing
  safari and tourism adventure, and German
  customers prefer to have vacation homes.
• As a strategic step, several companies in the
  global luxury travel market are following
  expansions and acquisitions. The major players in
  the global luxury travel market include
  Abercrombie and Kent, Cox and Kings, Micato
  Safaris, The Luxury Safari Company Ltd., Ker
  Downey, Thomas Cook, Scott Dunn, Butterfield and
  Robinson and Natural Habitat Adventures among
  others.

4
Luxury Travel Market Size and Share-Global
Forecast to 2025

• Age Group Overview, 2015-2025 (USD Million)
• Millennials
• Generation X
• Baby Boomers
• Silver Hair
• Application Overview, 2015-2025 (USD Million)
• Adventure Travel
• Personalized Vacations
• Cruising and Yachting
• Culinary Travel
• Others
• Regional Overview, 2012-2022 (USD Million)
  (Million Square Feet)
• North America
• Europe
• Asia-Pacific
• South America
• Middle East Africa

5
About Us

• Adroit Market Research is an India-based business
  analytics and consulting company. Our target
  audience is a wide range of corporations,
  manufacturing companies, product/technology
  development institutions and industry
  associations that require understanding of a
  markets size, key trends, participants and
  future outlook of an industry. We intend to
  become our clients knowledge partner and provide
  them with valuable market insights to help create
  opportunities that increase their revenues. We
  follow a code Explore, Learn and Transform. At
  our core, we are curious people who love to
  identify and understand industry patterns, create
  an insightful study around our findings and churn
  out money-making roadmaps. Our analysts have
  tracked high growth markets in chemicals
  materials, healthcare pharmaceuticals,
  semiconductor electronics, energy power, food
  retail, consumer goods, technology, and
  machinery equipment sectors across the world to
  identify new opportunities, potential customers,
  prepare go-to-market (GTM) strategies, identify
  segments for revenue growth for companies, and
  many more.

• US Headquarters3131 McKinney Ave Ste 600
  Dallas, TX 75204 ,U.S.A 

• Phone [phone]
• Email sales_at_adroitmarketresearch.com