Luxury Travel Market | Moving Towards a Brighter Future - PowerPoint PPT Presentation

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Luxury Travel Market | Moving Towards a Brighter Future

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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. Get Sample Copy 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. – PowerPoint PPT presentation

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Title: Luxury Travel Market | Moving Towards a Brighter Future


1
Opportunity Analysis and Industry Forecast,
2016-2023
Luxury Travel Market
Global Opportunity Analysis and Industry
Forecast,2015-2022
2
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.alliedma
rketresearch.com/luxury-travel-market
Luxury Travel Market Overview -
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 
  • 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

Luxury Travel Market key Benefits -
6
  • 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.

Market key Findings -
7
  • 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

Luxury Travel Market Players-
8
 
 
Thank You! For More Details
Visit us at
https//www.alliedmarketresearch.com/luxury-travel
-market
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