Luxury Travel market is anticipated to grow at a CAGR of 7.2% during the forecast period (2024-2031). Journey that is very expensive or lavish in character and often offers a unique experience and high degree of comfort. Travelers are looking to create their own unique experiences through flexible itineraries that combine entertainment as well as relaxation.
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Globally, The internet boom, convenience, competitive deals, vast choices, and mobile tech advancements are fueling the online travel booking market’s global dominance. Platforms offer a one-stop shop for trip planning, saving time and offering personalized travel experiences for all.For instance in October 2023 Mastercard and Agoda expand partnership to drive innovation and efficiency in B2B payments for the travel industry which leads to to make payment during Travel conviently.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Luxury Travel Tour Outlook (Revenue, USD Billion, 2018 – 2030)
- Customized & Private Vacations
- Safari & Adventure
- Cruises, Yachting and Small Ship Expeditions
- Celebration Journeys
- Culinary Travel & Shopping
Luxury Travel Age-group Outlook (Revenue, USD Billion, 2018 – 2030)
- Millennial
- Generation Z
- Baby Boomers
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Butterfield & Robinson Inc.
- Cox & Kings Ltd.
- Scott Dunn Ltd.
- Abercrombie & Kent USA, LLC
- Lindblad Expeditions
- Geographic Expeditions, Inc.
- Micato Safari
- Travels Limited
- Travel Edge (Canada) Inc
- Travacoa
- SOTC Travel Services
- Wilderness Travel
- Omega Travel World
The Report Covers
- Market value data analysis of 2023and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Luxury Travelmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
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