Title: Luxury Tourism Market Trends, Analysis & Forecast,2027
1Luxury Tourism Market 2021-2027 Growth Forecast
Industry Share Report
2Industry Insights
- The global luxury tourism market has witnessed
sizeable expansion over the years due to a fair
improvement in economic conditions among the
people. An increase in demand for personalized
and private vacations that guarantee privacy,
safety, and comfort has encouraged the adoption
of luxury travel packages. - Reports suggest that the global luxury tourism
market size could reach USD 45 billion in
valuation by 2027. There has been a significant
increase in the number of international travels
to the U.S. to enjoy diversified culture. As per
the International Trade Administration National
Travel and Tourism Office, the U.S. travel and
tourism sector were responsible for 2.9 of the
total GDP in the year 2019.
3- These tours are expected to be split between
domestic and international travel. Baby boomers
are focus on planning luxury tours primarily for
relaxation purposes from the monotonous routine.
The increase in the number of internet users
across the generation has encouraged them to opt
for various travel destinations and tour company
packages. This will continue to support the
potential for luxury tourism market. - Get sample copy of this research report _at_
https//www.gminsights.com/request-sample/detail/5
038 - Although, with gradual travel relaxations to
revive the economy, the adoption of luxury
tourism will regain strength. The sharp increase
in the number of students traveling to other
countries and working professionals seeking
permanent settlement also contribute to the
domestic luxury tourism market scale.
4 Browse complete Table of Contents (ToC) of this
research report _at_ https//www.gminsights.com/toc/
detail/luxury-tourism-market Chapter 5 Luxury
Tourism Market, By Type 5.1 Key trends, by
type 5.2 Customized private
vacations 5.2.1 Market estimates and
forecast, 2017 2027 5.3 Celebration
journeys 5.3.1 Market estimates and forecast,
2017 2027 5.4 Adventure sport
travel 5.4.1 Market estimates and forecast,
2017 2027
55.5 Safari 5.5.1 Market estimates and
forecast, 2017 2027 5.6 Cruises yachting
small ship 5.6.1 Market estimates and
forecast, 2017 2027 5.7 Others 5.7.1
Market estimates and forecast, 2017 2027
6Region
- A report by the U.S. Travel Association suggests
that in 2019, international and domestic
travelers spent nearly USD 1.1 trillion across
the region, directly employing 9 million people
in the U.S. The COVID-19 outbreak has largely
affected the tourism industry owing to the
restrictions in the movement of people across
domestic and international borders as directed by
the governments to curb the spread of infections.
7Key Players
- Thomas Cook (India) Ltd. (TCIL)
- Abercrombie Kent USA
- LLC
- TUI Group
- Travelopia
- Lindblad Expeditions
- Jet2 Holidays
8 Stay In Touch Social Media