The global luxury travel market is forecast to grow at a CAGR of 6.83% during the period 2017-2021.
The report 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.
One trend in the market is sports tourism. Sports tourism refers to tourism that involves travel from one destination, such as city, state, country, and region, to another to watch or participate in a game. In the last five to seven years, sports tourism has gained popularity, resulting in a large number of sports enthusiasts attending sporting events.
According to the report, one driver in the market is the growing spending capability. Per capita, disposable income has low volatility in developed countries, which is attributed to the increase in double-income households. This has a direct influence on the spending capability of individuals. As a result, the affordability of high-end products and services has increased in developing countries. Therefore, higher disposable incomes in Pacific Rim countries, such as Indonesia, Malaysia, and Vietnam, are expected to drive the market growth even further. In addition, the number of working women has increased considerably worldwide.
Key vendors
- Abercrombie & Kent USA
- Absolute Travel
- Inspiring Travel Company
- TCS World Travel
- T Elite
Other prominent vendors
- Backroads
- Butterfield & Robinson
- Classic Journeys
- G Adventures
- Journeys Within Tour
- Touring Treasures
- Wilderness Travel
- Zicasso
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Type
Part 07: Market Segmentation By Category
Part 08: Buying Criteria
Part 09: Geographical Segmentation
Part 10: Key Leading Countries
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Appendix
For more information about this report visitÊhttps://www.researchandmarkets.com/research/4swx6n/global_luxury