Luxury Travel Market

Luxury travel today is defined less by thread count and Michelin stars and more by access to the people, places and experiences that represent all that is authentic about a destination. There?s no denying that comfort factors still apply and high standards of accommodation and dining will always feature on the luxury traveller?s wish list. However, today?s luxury traveller seeks more depth of understanding and immersion into local culture than ever before. People don?t just want to see ? they want to participate. The sales process is also critical and whilst the online proposition can be an asset in terms of booking more simple arrangements, clients looking for luxury experiential travel require a deep level of sophisticated knowledge and confidence during the sales process.
Luxury Travel Market contains market size and forecasts of Luxury Travel in Global, including the following market information:
Global Luxury Travel Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Luxury Travel market was valued at 22840 million in 2021 and is projected to reach US$ 39250 million by 2028, at a CAGR of 8.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Customized and Private Vacation Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Luxury Travel include TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings Ltd, Lindblad Expeditions, Travcoa, Scott Dunn, Abercrombie & Kent Ltd and Micato Safaris, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Luxury Travel companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Luxury Travel Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Luxury Travel Market Segment Percentages, by Type, 2021 (%)
Customized and Private Vacation
Adventure and Safari
Cruise/Ship Expedition
Small Group Journey
Celebration and Special Event
Others
Global Luxury Travel Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Luxury Travel Market Segment Percentages, by Application, 2021 (%)
Millennial
Generation X
Baby Boomers
Global Luxury Travel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Luxury Travel Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Luxury Travel revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Luxury Travel revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
TUI Group
Thomas Cook Group
Jet2 Holidays
Cox & Kings Ltd
Lindblad Expeditions
Travcoa
Scott Dunn
Abercrombie & Kent Ltd
Micato Safaris
Tauck
Al Tayyar
Backroads
Zicasso
Exodus Travels
Butterfield & Robinson