Luxury Travel Market Size, Share & Trends Report

Luxury Travel Market Size, Share & Trends Analysis Report By Tour (Customized & Private Vacations, Safari & Adventure, Celebration Journeys, Luxury Trains), By Age Group (21 - 30 Years, 31 - 40 Years, 41 - 60 Years), By Region, And Segment Forecasts, 2024 - 2030

Report ID: GVR-2-68038-974-6
Number of Pages: 180
Format: Electronic (PDF)

Historical Range: 2018 - 2023
Industry: Consumer Goods

Market Segmentation

Luxury Travel Tour Outlook (Revenue, USD Billion, 2018 - 2030)
- Customized & Private Vacations
- Safari & Adventure
- Cruises, Yachting & Small Ship Expeditions
- Celebration Journeys
- Culinary Travel & Shopping
- Luxury Trains
- Others
Luxury Travel Age group Outlook (Revenue, USD Billion, 2018 - 2030)
- 21 – 30 Years
- 31 – 40 Years
- 41 – 60 Years
- 60 And Above
Luxury Travel Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
  - North America Luxury Travel Market, by Tour
    - Customized & Private Vacations
    - Safari & Adventure
    - Cruises, Yachting & Small Ship Expeditions
    - Celebration Journeys
    - Culinary Travel & Shopping
    - Luxury Trains
    - Others
  - North America Luxury Travel Market, by Age group
    - 21 – 30 Years
    - 31 – 40 Years
    - 41 – 60 Years
    - 60 And Above
  - U.S.
    - U.S. Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - U.S. Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Canada
    - Canada Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Canada Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Mexico
    - Mexico Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Mexico Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
- Europe
  - Europe Luxury Travel Market, by Tour
    - Customized & Private Vacations
    - Safari & Adventure
    - Cruises, Yachting & Small Ship Expeditions
    - Celebration Journeys
    - Culinary Travel & Shopping
    - Luxury Trains
    - Others
  - Europe Luxury Travel Market, by Age group
    - 21 – 30 Years
    - 31 – 40 Years
    - 41 – 60 Years
    - 60 And Above
  - Germany
    - Germany Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Germany Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - UK
    - UK Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - UK Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - France
    - France Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - France Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Italy
    - Italy Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Italy Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Spain
    - Spain Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Spain Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Austria
    - Austria Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Austria Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Belgium
    - Belgium Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Belgium Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Czech Republic
    - Czech Republic Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Czech Republic Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Denmark
    - Denmark Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Denmark Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Hungary
    - Hungary Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Hungary Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Netherlands
    - Netherlands Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Netherlands Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Norway
    - Norway Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting and Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Norway Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Portugal
    - Portugal Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Portugal Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Sweden
    - Sweden Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Sweden Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Switzerland
    - Switzerland Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Switzerland Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
- Asia Pacific
  - Asia Pacific Luxury Travel Market, by Tour
    - Customized & Private Vacations
    - Safari & Adventure
    - Cruises, Yachting & Small Ship Expeditions
    - Celebration Journeys
    - Culinary Travel & Shopping
    - Luxury Trains
    - Others
  - Asia Pacific Luxury Travel Market, by Age group
    - 21 – 30 Years
    - 31 – 40 Years
    - 41 – 60 Years
    - 60 And Above
  - China
    - China Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - China Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Japan
    - Japan Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Japan Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - India
    - India Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - India Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Australia
    - Australia Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Australia Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Uzbekistan
    - Uzbekistan Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Uzbekistan Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Malaysia
    - Malaysia Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Malaysia Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Singapore
    - Singapore Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Singapore Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Thailand
    - Thailand Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Thailand Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Vietnam
    - Vietnam Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Vietnam Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - New Zealand
    - New Zealand Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - New Zealand Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
- Central & South America
  - Central & South America Luxury Travel Market, by Tour
    - Customized & Private Vacations
    - Safari & Adventure
    - Cruises, Yachting & Small Ship Expeditions
    - Celebration Journeys
    - Culinary Travel & Shopping
    - Luxury Trains
    - Others
  - Central & South America Luxury Travel Market, by Age group
    - 21 – 30 Years
    - 31 – 40 Years
    - 41 – 60 Years
    - 60 And Above
  - Brazil
    - Brazil Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting And Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Brazil Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Peru
    - Peru Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Peru Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Chile
    - Chile Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Chile Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Argentina
    - Argentina Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Argentina Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
- Middle East & Africa
  - Middle East & Africa Luxury Travel Market, by Tour
    - Customized & Private Vacations
    - Safari & Adventure
    - Cruises, Yachting & Small Ship Expeditions
    - Celebration Journeys
    - Culinary Travel & Shopping
    - Luxury Trains
    - Others
  - Middle East & Africa Luxury Travel Market, by Age group
    - 21 – 30 Years
    - 31 – 40 Years
    - 41 – 60 Years
    - 60 And Above
  - South Africa
    - South Africa Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - South Africa Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Saudi Arabia
    - Saudi Arabia Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Saudi Arabia Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - UAE
    - UAE Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - UAE Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above
  - Turkey
    - Turkey Luxury Travel Market, by Tour
      - Customized & Private Vacations
      - Safari & Adventure
      - Cruises, Yachting & Small Ship Expeditions
      - Celebration Journeys
      - Culinary Travel & Shopping
      - Luxury Trains
      - Others
    - Turkey Luxury Travel Market, by Age group
      - 21 – 30 Years
      - 31 – 40 Years
      - 41 – 60 Years
      - 60 And Above

Luxury Travel Market Dynamics

Driver: High Prominence For Transformational And Wellness Trips

The growing trend of transformational travel surrounding wellness trips in order to restore balance and transform the mind, body, and spirit, is anticipated to drive the luxury travel market over the forecast period. Luxury has evolved to more than a price point; luxury brands focus on providing consumers with authentic and transformational travel experiences. High demand for luxury products and high spending capacity are projected to propel market progress over the forecast period. Growing number of trips and high demand for international holidays are projected to foster market growth. According to a blog by BW BWHOTELIER, international short haul to safe destinations and honeymoons are expected to emerge in phases such as Phase 1 from May to September, and Phase 2 from September to December.

Driver: Rising Preference For Customized And Private Tours

Luxury travelers often prefer customized and private tours to general tour packages for unique and highly personal experiences. Growing number of travelers are opting for tours of their preferred destinations due to the desire to learn more about the place that they are visiting. Furthermore, presence of several key players coupled with multiple benefits of private tours is predicted to bolster market progress. Customized and private tours let people travel with their friends and family at their own pace. For instance, according to a Tripadvisor survey, the fastest-growing tours are family-friendly ones. Bookings for these tours increased by over 200% in 2021, and 291% for U.S. travelers.

Restraint: Cost Associated With Luxury Travel

The word "luxury travel" refers to extremely comfortable travel with high quality and zero stress or inconvenience. This luxury travel is costly for its extravagant hotels, speedy service,complete relaxation, and various other services to travelers.At the same time, an average traveler cannot afford luxury travel, thus restraining market growth.

What Does This Report Include?

This section will provide insights into the contents included in this luxury travel market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Luxury travel market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Luxury travel market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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