Global Luxury Travel Market 2017-2021: driven by the rise in sports tourism

8 years ago

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.

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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

eHotelier Editor

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