Press release
Luxury Travel Market analysis by application, types, region and business growth
The global luxury travel market is expected to witness significant growth over the forecast period, owing to increasing number of travelers worldwide. According to the World Travel and Tourism Council, the worldwide investment on luxury travel and tourism was US$ 4,233.3 billion in 2017, which is estimated to reach US$ 6,605.3 billion by 2028.
Luxury travel includes an enhancing experience with a combination of most desirable destinations, luxurious and serene accommodations, convenient commute, and a royal traveling experience. Luxury travel can be categorized into adventure & safari, cruise, rail journey, culinary travelling & shopping, customized & private vacations, and celebration.
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Among age group, baby boomers segment held dominant position in the market in 2017, followed by millennials and generation X segments, owing to increasing disposable income in the age group. These generations have a continuous source of income as the number of working individuals is continuously increasing. According to the Regional Human Development Report of the United Nations Development Program (UNDP) published in 2016, in 2015, the working-age population was recorded as 0.86 Billion (considering people aged between 15 and 64 years) in India, and will grow to over a billion by 2050.
Detailed Segmentation:
Global Luxury Travel Market, By Category:
Adventure & Safari
Cruise
Rail Journey
Culinary Travelling & Shopping
Customized & Private Vacations
Celebration
Global Luxury Travel Market, By Age Group:
Millennials
Generation X
Baby Boomers
Silver hair
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Major players operating in the global luxury travel market include, Abercrombie & Kent USA, Absolute Travel, Inspiring Travel Company, TCS World Travel, TÜ ELITE, Cox & Kings Ltd., Travcoa, Micato Safaris, Scott Dunn Ltd., Kensington Tours Ltd., Butterfield & Robinson Inc. and others.
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Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Luxury travel includes an enhancing experience with a combination of most desirable destinations, luxurious and serene accommodations, convenient commute, and a royal traveling experience. Luxury travel can be categorized into adventure & safari, cruise, rail journey, culinary travelling & shopping, customized & private vacations, and celebration.
Request For Sample Copy of this Report : https://www.coherentmarketinsights.com/insight/request-sample/2452
Among age group, baby boomers segment held dominant position in the market in 2017, followed by millennials and generation X segments, owing to increasing disposable income in the age group. These generations have a continuous source of income as the number of working individuals is continuously increasing. According to the Regional Human Development Report of the United Nations Development Program (UNDP) published in 2016, in 2015, the working-age population was recorded as 0.86 Billion (considering people aged between 15 and 64 years) in India, and will grow to over a billion by 2050.
Detailed Segmentation:
Global Luxury Travel Market, By Category:
Adventure & Safari
Cruise
Rail Journey
Culinary Travelling & Shopping
Customized & Private Vacations
Celebration
Global Luxury Travel Market, By Age Group:
Millennials
Generation X
Baby Boomers
Silver hair
FLAT 25% DISCOUNT on all CMI Reports, Promo Code: CHRISTMAS2020
Request Discount of This Report:
https://www.coherentmarketinsights.com/insight/request-discount/2452
Major players operating in the global luxury travel market include, Abercrombie & Kent USA, Absolute Travel, Inspiring Travel Company, TCS World Travel, TÜ ELITE, Cox & Kings Ltd., Travcoa, Micato Safaris, Scott Dunn Ltd., Kensington Tours Ltd., Butterfield & Robinson Inc. and others.
Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
Visit Our Blogs: https://blog.coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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