openPR Logo
Press release

Luxury Travel Market: Know What's Working for Industry | TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings Ltd, Lindblad Expeditions, Travcoa

04-20-2019 10:21 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: Worldwide Market Reports

Luxury Travel Market

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.

Scope of the Report:
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.

Get a Sample here@: https://www.worldwidemarketreports.com/sample/264110

The Small Group Journey segment accounted for about 44% of the overall luxury travel market revenue, by tour type in 2015, as this is identified as the most popular vacation option among young and middle age group travelers. In addition, Customized and Private Vacation aimed at culinary and shopping, would witness the fastest growth, registering a CAGR of 9.1% during the forecast period. An increasing number of luxury travelers are indulging in these tours as they enable these travelers to experience the finest local delicacies and also buy some of the most exquisite handicrafts. These trips are getting popular among travelers of all age groups, especially the millennials (21 - 30 years). In 2015, approximately 45% of millennials took a trip based on culinary interest.

The global Luxury Travel market is valued at 5200 million USD in 2018 and is expected to reach 8460 million USD by the end of 2024, growing at a CAGR of 8.5% between 2019 and 2024.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Luxury Travel.

Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.

This report studies the Luxury Travel market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Luxury Travel market by product type and applications/end industries.

Market Segment by Companies, this report covers: 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.

Market Segment by Type, covers: Customized and Private Vacation, Adventure and Safari, Cruise/Ship Expedition, Small Group Journey, Celebration and Special Event, Others.
Market Segment by Applications, can be divided into: Millennial, Generation X, Baby Boomers.

*If you have any special requirements, please let us know and we will offer you the report as you want.

Else Place an Inquire before Purchase: https://www.worldwidemarketreports.com/quiry/264110

Table of Contents
1 Luxury Travel Market Overview
2 Manufacturers Profiles
2.1 TUI Group
2.1.1 Business Overview
2.1.2 Luxury Travel Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 TUI Group Luxury Travel Revenue, Gross Margin and Market Share (2017-2018)
3 Global Luxury Travel Market Competition, by Players
4 Global Luxury Travel Market Size by Regions
5 North America Luxury Travel Revenue by Countries
6 Europe Luxury Travel Revenue by Countries
7 Asia-Pacific Luxury Travel Revenue by Countries
8 South America Luxury Travel Revenue by Countries
9 Middle East and Africa Revenue Luxury Travel by Countries

About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

Contact Us:

Mr. Shah
Worldwide Market Reports
1001 4th Ave,
#3200
Seattle, WA 98154,
U.S
Tel: +1 415 871 0703
Email:sales@worldwidemarketreports.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Luxury Travel Market: Know What's Working for Industry | TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings Ltd, Lindblad Expeditions, Travcoa here

News-ID: 1711413 • Views: 799

More Releases from Worldwide Market Reports

Interior design Market Comprehensive Industry Report Accelerates Growth Towards …
Interior design is based on the nature of the use of the building, their environment and the corresponding standards, the use of the material and technical means and architectural design principles to create a rational function, comfortable and beautiful, to meet the people's material and spiritual needs of the indoor environment. The space environment has both use value and meet appropriate functional requirements, but also reflects the historical context, architectural
Big Data Analytics in Banking Market to Reflect Impressive Growth Rate by 2027
What is Big Data Analytics in Banking? Big Data analytics is an expanding technology which has application in diverse segments of the business world. It involves usage of some advanced statistical and mathematical models such as data mining, artificial intelligence and predictive analysis. In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints
Business Headsets Market Current & Future Growth Analysis On Plantronics, GN(Jab …
Worldwide Market Reports offers 2017 report on global Business Headsets market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2017-2022. The research analysts in their primary research observed that the rapid growth of the Business Headsets market over the forecast period is expected to open potential opportunities for the
Automotive LED Lighting Market Focusing on Top Key Players like - Koito, Hella, …
Worldwide Market Reports offers 2017 report on global Automotive LED Lighting market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2017-2022. The research analysts in their primary research observed that the rapid growth of the Automotive LED Lighting market over the forecast period is expected to open potential opportunities

All 5 Releases


More Releases for Luxury

Luxury Diaries & Organisers
ANTORINI Breath-taking diaries for 2017 We have discovered the most beautiful and stylish 2017 diaries for you. Enter the world of beautiful scheduling. The new collection of leather diaries for 2017 bears the signs of beauty and perfection. It combines the sense of practical scheduling and attractive timeless design. You can find diaries with gold plating, different shapes, colours and surfaces in the new exclusive collection of the prestigious ANTORINI brand. Diaries
New to Luxury
When it comes to luxury, people only think of luxury products or classy lifestyle. To get everything there is always a small bit to count. New to luxury is an online magazine dedicated to luxury approaching all the topics making life of luxury: health efforts, food style, art & design, high tech, shopping, simple tips and tricks to ease the life. Developing the spirit of the brand luxury in common man’s life.
Luxury Portfolio International™ Connects With Luxury Consumers
CHICAGO – (8/29/11) – As interest in the luxury real estate market continues to increase, Luxury Portfolio International™ is responding by showcasing their high end properties through international events and in venues around the world. Approaching the fall season, Luxury Portfolio International™ is hosting a series of member-facing Fall Workshops, first in Chicago followed by Providence, Rhode Island, September 6-7th. Network brokers, managers, marketing and relocation professionals from across
Gordon’s Luxury Tasting
Gordon’s Luxury Tasting Gordon’s Fine Wines & Liquors Hosts Annual Luxury Tasting with Horizon Beverages! Join Gordon’s Fine Wine & Liquors for their annual, luxury wine tasting with Horizon Beverages, the largest wine, beer and liquor distributor in New England, for a complimentary tasting of wines that you’ve always dreamed of drinking.
Luxury shower panel Aqvaplana
The AQVAPLANA shower panel, completely designed in solid marine Okumè type wood, takes a departure from the mainstream world of sanitary fixtures, which doesn't contemplate the use of wood in direct contact with water for an extended time. The perceptive intuition of creating a shower panel which makes use of wood, normally employed in the building of boats and further protecting it with special marine type varnishes, actually brings the
Luxury Jewelry That Impress...
Are what 1001 Mouse is all about, and our line of gift ideas includes "gift certificates" for those that are "difficult to buy for". Searching for Luxury Jewelry can be... Frustrating and Time Consuming... - Luxury Jewelry at http://jewelry.1001Mouse.com are the finest, most memorable and unique Luxury Jewelry found anywhere! Gift ideas of 14 Karat Luxury Jewelry are absolutely, positively, Luxury Jewelry is THE BEST gift imaginable for either men or