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Luxury Travel Market Expanding Worldwide Demonstrating a Spectacular Growth by 2025

08-01-2018 02:28 PM CET | Tourism, Cars, Traffic

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.

Luxury Travel Market

Luxury Travel Market

A new business intelligence report released by HTF MI with title “Tapping into the Luxury Travel Market: Analysis of luxury tourist profiles and trends, market performance, and key opportunities” that targets and provides comprehensive market analysis with future prospects to 2023. The analysts of the study have garnered extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends.
Request a sample report @ https://www.htfmarketreport.com/sample-report/1000255-tapping-into-the-luxury-travel-market

""Tapping into the Luxury Travel Market"", report provides an in depth analysis on the key industry and consumer trends in luxury tourism for 2018. It offers a particular insight into the preferences of UHNWIs and HNWIs and by country, gender and age. The report also examines successful industry case studies, allowing clients to understand how players have sought to capitalize on the emerging trends in the luxury travel segment.

Whereas luxury travel was once associated with first-class transportation, five star accommodation and Michelin starred restaurants, upscale tourism is gradually changing, with travelers shifting from opulence to exclusive experiences. Changing consumer perceptions and priorities are redefining the concept of luxury in travel; high appreciation of different cultures and a prioritization of experiences over ownership of goods has resulted in travellers seeking deeper travel experiences.

Upper middle class, high-net worth (HNWI) and ultra-high net worth individuals (UNHWI) were the main consumers able to afford to go on luxury trips. However, as the concept of luxury tourism is changing, so does the target audience for such holidays. For instance, millennials are not among the wealthiest generations and hence would not be considered a target demographic for luxury tourism under its traditional meaning. However, the concept of luxury is interpreted differently by different people; whereas millennials may not be willing to spend much on upscale accommodation, they may be willing to trade up on exclusive activities.

The report allows clients to understand how different cohorts present opportunities for luxury tourism businesses. By analysing consumer and market trends, it provides an insight into how such businesses must proceed to successfully target such consumer segments.

Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/1000255-tapping-into-the-luxury-travel-market

Scope
- The luxury travel market is growing and diversifying. Whereas Upper middle class, high-net worth (HNWI) and ultra-high net worth individuals (UNHWI) were the main consumers able to afford to go on luxury trips, other cohorts are showing increased interest in luxury travel.
- The concept of luxury travel is changing from opulence to exclusive, once-in-a-lifetime opportunities.
- The quest for authenticity, health and wellness, responsible and adventure travel are the key trends for luxury tourism in 2018.
- Customization and personalization are gaining increasing importance in luxury tourism. Technology will also play a key role in attracting younger, luxury travellers.

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=1000255

Reasons to buy
- This case study provides readers with insight into the key trends and developments in the luxury travel segment for 2018, as well as key suggestions for luring potential luxury travellers across cohorts. Therefore, it allows clients to develop an informed strategy for effectively tapping and growing within luxury tourism.

Companies Mentioned in the Report: Ice Hotel,Grootbos,Gaia Retreats & Spa,Mantis Extreme,Gleneagles

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/1000255-tapping-into-the-luxury-travel-market
It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.

HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

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