Luxury Travel Market Size by 2022-2027: Growth Strategy,

Pune, June 27, 2022 (GLOBE NEWSWIRE) — Luxury travel today is defined less by thread counts and Michelin stars than by access to the people, places and experiences that represent all that is authentic in a destination. There’s no denying that the comfort factors still apply and the high standards of accommodation and dining will always be on the luxury traveler’s wish list. However, today’s luxury traveler is looking for more depth of understanding and immersion in local culture than ever before. People don’t just want to see – they want to participate.

luxury travel market“The research report is an expert analysis which mainly includes companies, types, applications, regions, countries etc. The reports also give analysis of sales, revenue, trade, competition, investments, forecasts. Luxury Travel market research covers the impacts of COVID-19 on upstream, midstream and downstream industries. In addition, this study offers detailed market estimates with a focus on statistics on several aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news and trends.

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The global luxury travel market size is expected to reach USD 36010 million by 2027, from USD 20820 million in 2020, at a CAGR of 8.4% during the period 2021-2027.

Market is split by Type, can be split into:-

  • Personalized and private holidays
  • Adventure and Safari
  • Boat Cruise/Expedition
  • Small group trip
  • Celebration and special event
  • Others

Market is split by Application, can be split into:-

  • Millennium
  • Generation X
  • baby boomers

Market Segment by Region/Country comprising:-

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Spain etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia, etc.)
  • South America (Brazil, Argentina and Colombia etc.)
  • Middle East and Africa (South Africa, UAE and Saudi Arabia etc.)

Asia-Pacific is the largest luxury travel market with approximately 33% market share. Europe is a follower, accounting for around 30% market share.

To understand how the impact of Covid-19 is covered in this report –

Main players in Luxury Travel including: –

  • TUI group
  • Thomas Cook Group
  • Jet2 Holidays
  • Cox & Kings Ltd.
  • Lindblad Expeditions
  • Travcoa
  • Scott Dunn
  • Abercrombie & Kent Ltd
  • Micato safaris
  • Tauck
  • Al Tayyar
  • Country roads
  • Zicasso
  • exodus journeys
  • Butterfield and Robinson

Key developments in the luxury travel market:-

  • To describe Luxury Travel introduction, product type and its application, market overview, market analysis by countries, market opportunities, market risk, market driving force
  • To analyze the Luxury Travel manufacturers, with profile, main business, news, sales, price, revenue and market share
  • View the competitive situation among the global leading manufacturers, with sales, revenue and market share of luxury travel
  • To present the market by type and application, with sales, price, revenue, market share and growth rate by type and application.
  • To analyze key countries by manufacturers, type and application, covering North America, Europe, Asia-Pacific, Middle East and South America, with sales, revenue and market share by manufacturers, types and applications
  • To analyze manufacturing cost, key raw materials and manufacturing process etc.
  • To describe the luxury travel sales channel, distributors, traders, resellers, etc.

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Willie R. Golden