Luxury Travel Market Growth (CAGR of 6.83%), Size, Statistics, key Trends, Developments and Opportunities

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The luxury travel market is broadly categorized six major types based on type of travel such as customized holiday travels, adventure & safari, cruise vacations, small-scale vacations, celebration & special events, and culinary travel & shopping. The adventure & safari is considered as one of the fastest growing segment in the luxury travel market with substantial revenue generation in the last couple of years. Growing popularity of the adventure & safari market segment is attributed to increase in the number of independent travellers. The luxury travel market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the increasing upgradation in existing services and existence leading industry players in the region. Asia-Pacific region is predicted to hold major market share in the luxury travel market with massive growth in forecast period. Countries such as India, China, Indonesia and Japan are leading the Asia-Pacific's market with increase in number of the travellers each year and rise in the investment by leading industry players due to potential market opportunities. European region has also shown significant growth in the luxury travel market during recent years owing to the large number of initiatives undertaken by local governments to promote tourism in the region. The key players in the luxury hotel market are Abercrombie & Kent Ltd., Cox & Kings Ltd., Macato Safaris Ltd., Ker & Downey LLC, Tauck Co., Thomas Cook Group plc, Scott Dunn Ltd., Kensington Tours Ltd., Butterfield & Robinson Inc., TUI Group AG, Backroads Ltd., Lindblad Expeditions, and Exodus travels Limited.

Access 76 page research report with TOC on "Luxury Travel Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/global-luxury-travel-market-2 ...

The report covers the present scenario and the growth prospects of the global luxury travel market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

• The market is divided into the following segments based on geography:  
• Americas
• APAC
• EMEA

Global Luxury Travel Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.