Luxury Travel Market – Global Industry Key Players, Share, Demand, Growth Opportunities – Analysis 2019 to 2024

Wiseguyreports.Com Publish New Market Research Report On -“Luxury Travel Market – Global Analysis, Size, Share, Trends, Growth and Forecast 2019 – 2024”

Luxury Travel Market 2019

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.

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.

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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 Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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

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Table of Contents –Analysis of Key Points

1 Luxury Travel Market Overview
1.1 Product Overview and Scope of Luxury Travel
1.2 Classification of Luxury Travel by Types
1.2.1 Global Luxury Travel Revenue Comparison by Types (2019-2024)
1.2.2 Global Luxury Travel Revenue Market Share by Types in 2018
1.2.3 Customized and Private Vacation
1.2.4 Adventure and Safari
1.2.5 Cruise/Ship Expedition
1.2.6 Small Group Journey
1.2.7 Celebration and Special Event
1.2.8 Others
1.3 Global Luxury Travel Market by Application
1.3.1 Global Luxury Travel Market Size and Market Share Comparison by Applications (2014-2024)
1.3.2 Millennial
1.3.3 Generation X
1.3.4 Baby Boomers
1.4 Global Luxury Travel Market by Regions
1.4.1 Global Luxury Travel Market Size (Million USD) Comparison by Regions (2014-2024)
1.5 Global Market Size of Luxury Travel (2014-2024)

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)
2.2 Thomas Cook Group
2.2.1 Business Overview
2.2.2 Luxury Travel Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Thomas Cook Group Luxury Travel Revenue, Gross Margin and Market Share (2017-2018)
2.3 Jet2 Holidays
2.3.1 Business Overview
2.3.2 Luxury Travel Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Jet2 Holidays Luxury Travel Revenue, Gross Margin and Market Share (2017-2018)
2.4 Cox & Kings Ltd
2.4.1 Business Overview
2.4.2 Luxury Travel Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Cox & Kings Ltd Luxury Travel Revenue, Gross Margin and Market Share (2017-2018)
2.5 Lindblad Expeditions
2.5.1 Business Overview
2.5.2 Luxury Travel Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Lindblad Expeditions Luxury Travel Revenue, Gross Margin and Market Share (2017-2018)
2.6 Travcoa
2.6.1 Business Overview
2.6.2 Luxury Travel Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Travcoa Luxury Travel Revenue, Gross Margin and Market Share (2017-2018)
2.7 Scott Dunn
2.7.1 Business Overview
2.7.2 Luxury Travel Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Scott Dunn Luxury Travel Revenue, Gross Margin and Market Share (2017-2018)
Continued…..

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Source URL: https://marketersmedia.com/luxury-travel-market-global-industry-key-players-share-demand-growth-opportunities-analysis-2019-to-2024/504958

Source: MarketersMedia

Release ID: 504958