Luxury Travel Market Growth, Emerging Trends, Opportunities and Forecast to 2024 | TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings Ltd, Lindblad Expeditions, Travcoa, Scott Dunn, Micato Safaris, Tauck, Al Tayyar, Backroads etc

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.

Growing inclination of people towards unique and exotic holiday experiences, rise in middle and upper middle class spending and the increasing impact of social media on travel industry are the key factors that drive the market growth. Emerging new destinations coupled with rising service standards in the travel industry, is anticipated to further drive the demand for luxury travel, globally. According to this study, over the next five years the Luxury Travel market will register a 8.5% CAGR in terms of revenue, the global market size will reach US$ 8460 million by 2024, from US$ 5200 million in 2019. The research report on Luxury Travel Market provides comprehensive analysis on market status and development trend, including types, applications, rising technology and region.

Some of the key players of Luxury Travel Market:
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

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Segmentation by product type:
Customized and Private Vacation
Adventure and Safari
Small Group Journey
Celebration and Special Event
Others

Segmentation by application:
Millennial
Generation X
Baby Boomers

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Luxury Travel Market Size
2.2 Luxury Travel Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Luxury Travel Market Size by Manufacturers
3.2 Luxury Travel Key Players Head office and Area Served
3.3 Key Players Luxury Travel Product/Solution/Service
3.4 Date of Enter into Luxury Travel Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Luxury Travel Sales by Product
4.2 Global Luxury Travel Revenue by Product
4.3 Luxury Travel Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Luxury Travel Breakdown Data by End User

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Posted by on Monday July 22 2019, 6:16 PM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Consumer & Retail, Featured Press Release, Media, Software & Services, Technology, Media, & Telecommunications, Travel & Leisure. Comments and Trackbacks closed. Follow responses: RSS 2.0

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