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Luxury Travel Market | Moving Towards a Brighter Future

Global luxury travel market is expected to garner $1,154 billion by 2022, registering a CAGR of 6.4% during the forecast period 2016-2022. Luxury travel market epitomizes most desirable destinations, luxurious accommodations, convenient transport facilities, and authentic travel experience. Luxury travel aims in giving exotic experience to its travelers. Private jet planes, spas, special menus, private island rentals, and private yacht are some of the unique services offered to the luxury travelers. <br><br>Get Sample Copy https://www.alliedmarketresearch.com/request-sample/1662 <br><br>Luxury travel market has a huge growth potential and would see immense demand from the emerging markets. Exposure to social media, growing disposable income and easy visa availability are some of the factors which are propelling the growth of the market. Nowadays, luxury travelers are seeking unique traveling experience, thus opting for exotic and unexplored destinations.

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Luxury Travel Market | Moving Towards a Brighter Future

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Luxury Travel Market Global Opportunity Analysis and Industry Forecast,2015-2022

  2. Luxury Travel Market Overview :- Global Luxury Travel Market is expected to garner $1,154 billion by 2022, registering a CAGR of 6.4% during the forecast period 2016-2022. Luxury travel market epitomizes most desirable destinations, luxurious accommodations, convenient transport facilities, and authentic travel experience. Luxury travel aims in giving exotic experience to its travelers. Private jet planes, spas, special menus, private island rentals, and private yacht are some of the unique services offered to the luxury travelers. Luxury travel market has a huge growth potential and would see immense demand from the emerging markets. Exposure to social media, growing disposable income and easy visa availability are some of the factors which are propelling the growth of the market. Nowadays, luxury travelers are seeking unique traveling experience, thus opting for exotic and unexplored destinations. Read more at : https://www.alliedmarketresearch.com/luxury-travel-market

  3. Luxury Travel Market Overview :- The report segments the luxury travel market on the basis of types of tours, age groups, types of travelers, and geography. Based on type of tours, the market is segmented into customized & private vacations, adventure & safari, cruise/ship expedition, small group journey, celebration & special events, and culinary travel & shopping. Key age groups of luxury travel market are millennial, generation x, baby boomers, and silver hair. Luxury travel market is further segmented into types of travelers, which is further divided into absolute luxury, aspiring luxury, and accessible luxury. The market has further been analyzed across geographical regions namely North America (U.S., Canada, and Mexico), Europe (Germany, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Singapore, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

  4. Luxury Travel Market Segmentation :-

  5. Luxury Travel Market key Benefits :- • Luxury Travel Market Key Benefits:  • The study provides an in-depth analysis of the global luxury travel market with current trends and future estimations to elucidate the imminent investment pockets. • The report provides a quantitative analysis from 2014 to 2022, which is expected to enable the stakeholders to capitalize on prevailing market opportunities. • The report provides actual historical figures for 2014 and 2015 and provides forecasts from 2016 to 2022, considering 2015 as base. • Competitive intelligence highlights the business practices followed by leading players across various regions

  6. Market key Findings :- • Key finding of the Luxury Travel Market: • In the year 2015, adventure and safari segment led the overall luxury travel market revenue, and is projected to grow at a CAGR of 5.8% during the forecast period. • Adventure and safari is the most sought after tour type, with travelers from Europe, Latin America, and North America, comprising 78% of overall international departures in this segment in 2015. • The millennials age group segment is expected to grow at a CAGR of 8.1%, owing to rising popularity of travel among this generation and the fact that they travel more often than the other generations. • Absolute luxury traveler segment is projected to generate largest revenue in the luxury travel market. • Asia-Pacific is estimated to witness significant growth during the forecast period (2016 to 2022), with China being the major stakeholder.

  7. Luxury Travel Market Players:- • MARKET PLAYERS IN VALUE CHAIN • Abercrombie & Kent USA, LLC • Cox & Kings Ltd • Travcoa • Micato Safaris • Ker & Downey • Tauck • Thomas Cook Group PLC • Scott Dunn Ltd. • Kensington Tours • Butterfield & Robinson Inc. • TUI Group • Zicasso, Inc. • Black Tomato • Backroads • Lindblad Expeditions • Exodus travels

  8. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/luxury-travel-market Follow Us On

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