Press release
Luxury Travel Market Thriving Globally by Top Vendors like LLC, Cox & Kings Ltd, Travcoa, Micato Safaris, Ker & Downey, Tauck, Thomas Cook Group PLC, Scott Dunn Ltd, Kensington Tours, and Butterfield & Robinson Inc.
Luxury Travel Market
Travelers, nowadays, love to experiment with destinations to gain deeper experience and absorb new cultures worldwide. To gain a valuable and unforgettable experience, people increasingly opt for unique trips which include cultural visit, cruising, and adventure activities. The luxury travel market is projected to be the fastest growing segment of the travel industry worldwide. The key drivers of rising luxury travel trend include sheer inclination of people towards unique and exotic holiday experiences, increase in the middle & upper class disposable income & related expenditure, and growing need and interest of people to spend more time with family owing to increasingly hectic lifestyles.
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Top 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
The most popular luxury travel destinations in Europe are identified as Germany and Italy. Whereas, Paris is the global leading metropolitan destination, which witnesses nearly 18.8 million international arrivals yearly. In LAMEA, Brazil continues to show a promising potential and is predicted to become one of the top-five global economies by the middle of this century. As per the tourism statistics, tourist arrival in Latin America has observed an increase of 50% in the past decade. The adventure and safari segment accounted for around 44% of the total income of the luxury travel market, by type of travel in 2015, since it is identified as the most popular vacation option among travelers of young and middle-aged groups.
Luxury Travel Market segment by Type, the product can be split into
• Customized and Private Vacation
• Adventure and Safari
• Cruise/Ship Expedition
• Small Group Journey
• Celebration and Special Event
• Others
Luxury Travel Market segment by Application, split into
• Millennial
• Generation X
• Baby Boomers
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The report also identifies the factors driving this global Luxury Travel Market, various restraints, and opportunities impacting it along with the adoption trends. The report take overview of existing efforts by media, research firms, opportunity, development, price trade and others who have attempted to move from the eagle view of the software management technology to categorizing technologies under the grand umbrella.
Key Stakeholders of the Luxury Travel Market
• Luxury Travel Manufacturers
• Luxury Travel Distributors/Traders/Wholesalers
• Luxury Travel Subcomponent Manufacturers
• Industry Association
• Downstream Vendors
• Available Customizations
In this study, the years considered to estimate the size of Luxury Travel Market are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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Table of Content:
Global Luxury Travel Market Research Report
Chapter 1. Market Overview
Chapter 2. Competition Analysis by Players
Chapter 3. Company (Top Players) Profiles
Chapter 4. Global Luxury Travel Market Size by Type and Application
Chapter 5. US Market Status and Outlook
Chapter 6. EU Development Market Status and Outlook
Chapter 7. Japan Market Development Status and Outlook
Chapter 8. China Market Status and Outlook
Chapter 9. India Luxury Travel Market Status and Outlook
Chapter 10. Southeast Asia Market Status and Outlook
Chapter 11. Market Forecast by Region, Type and Application
Chapter 12. Market Dynamics
Chapter 13. Luxury Travel Market Effect Factor Analysis
Chapter 14. Research Finding/ Conclusion
Chapter 15. Appendix
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