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Global luxury travel market size is expected to reach $1987.15 Bn by 2028 at a rate of 4.0%, segmented as by types of tour, customized and private vacations, adventure and safari, cruise or ship expedition, small group journey,
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Luxury Travel Market 2024 Market Size, Trends and Global Forecast 2024-2033 © The Business Research Company. All Rights Reserved.
Luxury Travel Market Segments The Business Research Company segments it’s Luxury Travel Markets: Customized and Private Vacations, Adventure And Safari, Cruise Or Ship Expedition, Small Group Journey, Celebration and Special Events, Culinary Travel and Shopping Absolute luxury, Aspiring luxury, Accessible luxury ByType By Application By End-Use Industry Millennials, Generation X, Baby Boomers, Silver Hair © The Business Research Company. All Rights Reserved.
Luxury Travel Market Statistics Global Size Luxury Travel Forecast To 2032 y = 187.46x + 1391 R² = 0.9079 The luxury travel market size has grown strongly in recent years. It will grow from $1612.91 billion in 2023 to $1696.93 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The luxury travel market size is expected to see steady growth in the next few years. It will grow to $1987.15 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. Series 1, 2028, 1987.83 Series 1, 2024, 1696.93 Series 1, 2023, 1612.91 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers The increasing demand for private jets is expected to propel the growth of the luxury travel market going forward. Trends The high costs for luxury travel is the major restraint for luxury travel market growth during the forecast period. Region Europe was the largest region in the luxury travel market in 2023. © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Ceiling Fans Market are: ▪ TUI Group ▪ Thomas Cook Group PLC ▪ Four Seasons Hotels Limited ▪ The Ritz-Carlton Hotel Company LLC ▪ Raffles Hotels And Resorts ▪ And more. Get More Information On The Market Report © The Business Research Company. All Rights Reserved.
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