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People spend large sum of money on luxury travel to avail highest level of comfort and exclusive services. Private jet planes and yachts spas, special customized menus, and private island rentals are some of the popular services offered by the market players operating in the luxury travel market. Europe and Caribbean are the most preferred destinations for luxury travel.
Rise in inclination of people toward unique and exotic holiday experiences supported by the rise in disposable income, surge in middle and upper middle class population, and the increase in need of people to spend more time with family due to hectic lifestyles are some of the factors that propel the growth of the luxury travel market. To have valuable experiences, people opt for adventure trips, cruising, and unique holidays abroad. Fluctuating economies in many regions act as a threat for the growth of the luxury travel market.
The luxury travel market is segmented on the basis of type of tour, age group, type of traveler, and region. In accordance to travelers’ type, the market is divided into absolute luxury, aspiring luxury, and accessible luxury. Based on the age group, the market is classified into millennial, generation X, baby boomers, and silver hair. By type of tour, the market is categorized into customized & private vacations, adventure & safari, cruise/ship expedition, small group journey, celebration & special events, and culinary travel & shopping. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
POTENTIAL BENEFITS FOR STAKEHOLDERS:
The study provides an in-depth analysis of the luxury travel market with current trends and future scenarios to elucidate the imminent investment pockets.
Current trends and future estimations are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market.
The report offers information about key drivers, restraints, and opportunities with a detailed impact analysis.
Quantitative analysis of the current market and estimations from 2014 to 2026 is provided to showcase the financial competency.
Porter’s five forces model of the industry illustrate the potency of the buyers and suppliers.
Value chain analysis provides a clear understanding of the roles of stakeholders involved.
MARKET SEGMENTATION
The market is segmented on the basis of type of traveler, type of tour, age group, and region.
BY TRAVELER TYPE
Absolute Luxury
Aspiring Luxury
Accessible Luxury
BY TYPES of TOURS
Customized & Private Vacations
Adventure & Safari
Cruise/Ship Expedition
Rail Journey
Small Group Journey
Celebration & Special Events
Culinary Travel & Shopping
BY AGE GROUP
• Millennial (21–30)
• Generation X (31–40)
• Baby Boomers (41–60)
• Silver Hair (60 and above)
BY REGION
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Spain
o Italy
o Rest of Europe
Asia-Pacific
o China
o India
o Singapore
o Rest of Asia-Pacific
LAMEA
o Latin America
o Middle East
o South Africa
KEY PLAYERS:
Abercrombie & Kent USA, LLC
Cox & Kings Ltd
Travcoa
Micato Safaris
Ker & Downey
Tauck
Thomas Cook Group PLC
Scott Dunn Ltd
Kensington Tours
Butterfield & Robinson Inc.
*Other players in the value chain include (profiles not included in the report)
• TUI Group
• Zicasso, Inc.
• Black Tomato
• Backroads
• Lindblad Expeditions
• Exodus travels
1.1. Key Benefits For Stakeholders
1.2. Key Market Segments
1.3. Research Methodology
1.3.1. Secondary Research
1.3.2. Primary Research
1.3.3. Analyst Tools And Models
Chapter 2: Market Overview
2.1. Cxo Perspective
2.2. Market Definition And Scope
2.3. Key Findings
2.3.1. Top Impacting Factor
2.3.1.1. Positive Impact of Factors:
2.3.1.1.1. Growing Inclination of People Towards Unique And Exotic Holiday Experiences
2.3.1.1.2. Growing Middle And Upper Middle-Class Spending
2.3.1.1.3. Growing Trend of Online Bookings
2.3.1.1.4. Rising Social Media And Its Impact On Travel Industry
2.3.1.2. Negative Impact of Factors:
2.3.1.2.1. Varying Socio-Economic Conditions
2.3.1.2.2. Impact of Natural Parameters
2.3.1.3. Factors Acting As Opportunity:
2.3.1.3.1. Emerging New Destinations
2.3.1.3.2. Demand For Enhanced Service Standards
2.3.2. Top Investment Pockets
2.3.3. Top Winning Strategies
2.4. Value Chain Analysis
2.4.1. Travel Planning
2.4.2. Transport
2.4.3. Accommodation
2.4.4. Local Travel
2.4.5. Food And Shopping
2.5. Porter’S Five Forces Analysis
2.5.1. Ability To Control Prices Makes High Bargaining Power of Suppliers
2.5.2. Customer Loyalty And Value For Money, Results In Low Bargaining Power of Buyers
2.5.3. Non-Luxury Travelling Option Results In Low Threat of Substitutes
2.5.4. Demand For High Service Standards And Huge Investments, Lowers The Threat of New Entrants
2.5.5. Low Rivalry Among Competitors As The Luxury Travel Market Is A Niche Market
2.6. Market Positioning, 2015
2.7. Market Dynamics
2.8. Market Dynamics
2.8.1. Drivers
2.8.1.1. Growing Inclination of People Towards Unique And Exotic Holiday Experiences
2.8.1.2. Growing Middle And Upper Middle Class Spending
2.8.1.3. Growing Trend of Online Bookings
2.8.1.4. The Rise of Social Media And Its Impact On Travel Industry
2.8.2. Restraint
2.8.2.1. Varying Socio-Economic Conditions
2.8.2.2. Effect By Natural Parameters
2.8.3. Opportunities
2.8.3.1. Emerging New Destinations
2.8.3.2. Demand For Enhanced Service Standards
Chapter 3: Luxury Travel Market, By Types of Tour
3.1. Overview
3.1.1. Market Size And Forecast
3.2. Customized And Private Vacations
3.2.1. Key Market Trends, Growth Factors And Opportunities
3.2.2. Market Size And Forecast
3.3. Adventure & Safari
3.3.1. Key Market Trends, Growth Factors And Opportunities
3.3.2. Market Size And Forecast
3.4. Cruise/Ship Expedition
3.4.1. Key Market Trends, Growth Factors And Opportunities
3.4.2. Market Size And Forecast
3.5. Small Group Journey
3.5.1. Key Market Trends, Growth Factors And Opportunities
3.5.2. Market Size And Forecast
3.6. Celebration And Special Events
3.6.1. Key Market Trends, Growth Factors And Opportunities
3.6.2. Market Size And Forecast
3.7. Culinary Travel And Shopping
3.7.1. Key Market Trends, Growth Factors And Opportunities
3.7.2. Market Size And Forecast
Chapter 4: Luxury Travel Market, By Age Group
4.1. Millennials
4.1.1. Key Market Trends, Growth Factors And Opportunities
4.1.2. Market Size And Forecast
4.2. Generation X
4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast
4.3. Baby Boomers
4.3.1. Key Market Trends, Growth Factors And Opportunities
4.3.2. Market Size And Forecast
4.4. Silver Hair
4.4.1. Key Market Trends, Growth Factors And Opportunities
4.4.2. Market Size And Forecast
Chapter 5: Luxury Travel Market, By Type of Traveler
5.1. Absolute Luxury
5.1.1. Key Market Trends, Growth Factors, And Opportunities
5.1.2. Market Size And Forecast
5.2. Aspiring Luxury
5.2.1. Key Market Trends, Growth Factors, And Opportunities
5.2.2. Market Size And Forecast
5.3. Accessible Luxury
5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast
Chapter 6: Luxury Travel Market By Geography
6.1. Overview
6.1.1. Market Size And Forecast, By Region
6.2. North America
6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Types of Tours
6.2.3. Market Size And Forecast, By Age Group
6.2.4. Market Size And Forecast, By Types of Traveler
6.2.5. Market Size And Forecast, By Country
6.2.5.1. United States
6.2.5.1.1. Market Size And Forecast
6.2.5.2. Canada
6.2.5.2.1. Market Size And Forecast
6.2.5.3. Mexico
6.2.5.3.1. Market Size And Forecast
6.3. Europe
6.3.1. Key Market Trends, Growth Factors And Opportunities
6.3.2. Market Size And Forecast, By Types of Tours
6.3.3. Market Size And Forecast, By Age Group
6.3.4. Market Size And Forecast, By Types of Traveler
6.3.5. Market Size And Forecast, By Country
6.3.5.1. Germany
6.3.5.1.1. Market Size And Forecast
6.3.5.2. France
6.3.5.2.1. Market Size And Forecast
6.3.5.3. Spain
6.3.5.3.1. Market Size And Forecast
6.3.5.4. Italy
6.3.5.4.1. Market Size And Forecast
6.3.5.5. Rest of Europe
6.3.5.5.1. Market Size And Forecast
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors And Opportunities
6.4.2. Market Size And Forecast, By Types of Tours
6.4.3. Market Size And Forecast, By Age Group
6.4.4. Market Size And Forecast, By Types of Traveler
6.4.5. Market Size And Forecast, By Country
6.4.5.1. China
6.4.5.1.1. Market Size And Forecast
6.4.5.2. India
6.4.5.2.1. Market Size And Forecast
6.4.5.3. Singapore
6.4.5.3.1. Market Size And Forecast
6.4.5.4. Rest of Asia-Pacific
6.4.5.4.1. Market Size And Forecast
6.5. Lamea
6.5.1. Key Market Trends, Growth Factors And Opportunities
6.5.2. Market Size And Forecast, By Types of Tours
6.5.3. Market Size And Forecast, By Age Group
6.5.4. Market Size And Forecast, By Types of Traveler
6.5.5. Market Size And Forecast, By Region
6.5.5.1. Latin America
6.5.5.1.1. Market Size And Forecast
6.5.5.2. Middle East
6.5.5.2.1. Market Size And Forecast
6.5.5.3. South Africa
6.5.5.3.1. Market Size And Forecast
Chapter 7: Company Profiles
7.1. Tui Group
7.1.1. Company Overview
7.1.2. Key Executive
7.1.3. Company Snapshot
7.1.4. Operating Business Segments
7.1.5. Product Portfolio
7.1.6. Business Performance
7.1.7. Key Strategic Moves And Developments
7.2. Thomas Cook
7.2.1. Company Overview
7.2.2. Key Executive
7.2.3. Company Snapshot
7.2.4. Product Portfolio
7.2.5. Business Performance
7.2.6. Key Strategic Moves And Developments
7.3. Cox & Kings
7.3.1. Company Overview
7.3.2. Key Executive
7.3.3. Company Snapshot
7.3.4. Operating Business Segments
7.3.5. Product Portfolio
7.3.6. Business Performance
7.3.7. Key Strategic Moves And Developments
7.4. Abercrombie & Kent Usa, Llc
7.4.1. Company Overview
7.4.2. Key Executive
7.4.3. Company Snapshot
7.4.4. Product Portfolio
7.4.5. Key Strategic Moves And Developments
7.5. Butterfield & Robinson
7.5.1. Company Overview
7.5.2. Key Executive
7.5.3. Company Snapshot
7.5.4. Product Portfolio
7.5.5. Key Strategic Moves And Developments
7.6. Tauck, Inc.
7.6.1. Company Overview
7.6.2. Key Executive
7.6.3. Company Snapshot
7.6.4. Product Portfolio
7.6.5. Key Strategic Moves And Developments
7.7. Exodus Travels Ltd.
7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Product Portfolio
7.8. Micato Safari
7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Product Portfolio
7.9. Ker And Downey
7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Product Portfolio
7.10. Kensington Tours
7.10.1. Company Overview
7.10.2. Key Executive
7.10.3. Company Snapshot
7.10.4. Product Portfolio
7.10.5. Key Strategic Moves And Developments
Table 01. Global Luxury Travel Market Revenue, By Types of Tour, 2014–2026 ($Million)
Table 02. Global Luxury Customized And Private Tour Market Revenue, By Region, 2014-2026 ($Million)
Table 03. Global Luxury Adventure And Safari Tour Market Revenue, By Region, 2014-2026 ($Million)
Table 04. Global Luxury Cruise/Ship Expedition Tour Market Revenue, By Region, 2014-2026 ($Million)
Table 05. Global Luxury Small Group Journey Market Revenue, By Region, 2014-2026 ($Million)
Table 06. Global Luxury Celebration And Special Events Tour Market Revenue, By Region, 2014-2026 ($Million)
Table 07. Global Luxury Culinary Travel And Shopping Tour Market Revenue, By Region, 2014-2026 ($Million)
Table 08. Global Luxury Travel Market Revenue, By Age Group, 2014–2026 ($Million)
Table 09. Global Millennials Luxury Travel Market Revenue, By Region, 2014-2026 ($Million)
Table 10. Global Generation X Luxury Travel Market Revenue, By Region, 2014-2026 ($Million)
Table 11. Global Baby Boomer Luxury Travel Market Revenue, By Region, 2014-2026 ($Million)
Table 12. Global Silver Hair Luxury Travel Market Revenue, By Region, 2014-2026 ($Million)
Table 13. Global Luxury Travel Market Revenue, By Type of Traveler, 2014–2026 ($Million)
Table 14. Absolute Luxury Travel Market Revenue, By Region, 2014–2026 ($Million)
Table 15. Global Aspiring Luxury Travel Market Revenue, By Region, 2014-2026 ($Million)
Table 16. Global Accessible Luxury Travel Market Revenue, By Region, 2014-2026 ($Million)
Table 17. World Luxury Travel Market Revenue, By Region, 2014-2026 ($Million)
Table 18. North America Luxury Travel Market Revenue, By Types of Tour, 2014-2026 ($Million)
Table 19. North America Luxury Travel Market Revenue, By Age Group, 2014-2026 ($Million)
Table 20. North America Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 21. North America Luxury Travel Market Revenue, By Country, 2014-2026 ($Million)
Table 22. United States Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 23. Canada Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 24. Mexico Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 25. Europe Luxury Travel Market Revenue, By Types of Tour, 2014-2026 ($Million)
Table 26. Europe Luxury Travel Market Revenue, By Age Group, 2014-2026 ($Million)
Table 27. Europe Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 28. Europe Luxury Travel Market Revenue, By Country, 2014-2026 ($Million)
Table 29. German Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 30. France Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 31. Spain Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 32. Italy Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 33. Rest of Europe Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 34. Asia-Pacific Luxury Travel Market Revenue, By Types of Tour, 2014-2026 ($Million)
Table 35. Asia-Pacific Luxury Travel Market Revenue, By Age Group, 2014-2026 ($Million)
Table 36. Asia-Pacific Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 37. Asia-Pacific Luxury Travel Market Revenue, By Country, 2014-2026 ($Million)
Table 38. China Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 39. India Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 40. Singapore Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 41. Rest of Asia-Pacific Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 42. Lamea Luxury Travel Market Revenue, By Types of Tour, 2014-2026 ($Million)
Table 43. Lamea Luxury Travel Market Revenue, By Age Group, 2014-2026 ($Million)
Table 44. Lamea Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 45. Lamea Luxury Travel Market Revenue, By Country, 2014-2026 ($Million)
Table 46. Latin America Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 47. Middle East Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 48. South Africa Luxury Travel Market Revenue, By Types of Traveler, 2014-2026 ($Million)
Table 49. Tui Group: Key Executives
Table 50. Tui Group: Company Snapshot
Table 51. Tui Group: Operating Segments
Table 52. Tui Group: Product Portfolio
Table 53. Tui Group: Net Sales, 2016–2018 ($Million)
Table 54. Thomas Cook: Key Executives
Table 55. Thomas Cook: Company Snapshot
Table 56. Thomas Cook: Product Portfolio
Table 57. Thomas Cook: Net Sales, 2016–2018 ($Million)
Table 58. Cox & Kings: Key Executives
Table 59. Cox & Kings: Company Snapshot
Table 60. Cox & Kings: Operating Segments
Table 61. Cox & Kings: Product Portfolio
Table 62. Cox & Kings: Net Sales, 2016–2018 ($Million)
Table 63. Abercrombie & Kent Usa, Llc: Key Executives
Table 64. Abercrombie & Kent Usa, Llc: Company Snapshot
Table 65. Abercrombie & Kent Usa, Llc: Product Portfolio
Table 66. Butterfield & Robinson: Key Executives
Table 67. Butterfield & Robinson: Company Snapshot
Table 68. Butterfield & Robinson: Product Portfolio
Table 69. Tauck, Inc.: Key Executives
Table 70. Tauck, Inc.: Company Snapshot
Table 71. Tauck, Inc.: Product Portfolio
Table 72. Exodus Travels Ltd.: Company Snapshot
Table 73. Exodus Travels Ltd.: Product Portfolio
Table 74. Micato Safari : Company Snapshot
Table 75. Micato Safari : Operating Segments
Table 76. Micato Safari : Product Portfolio
Table 77. Ker And Downey: Company Snapshot
Table 78. Ker And Downey: Product Portfolio
Table 79. Kensington Tours: Key Executives
Table 80. Kensington Tours: Company Snapshot
Table 81. Kensington Tours: Product Portfolio
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