The global luxury travel market is huge, not in the number of guests with substantial buying power but the astonishing level of buying power that these luxury travellers have. The good news for hoteliers targeting those top 5% of guests is that they seem to spending more every year. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78 billion by 2032.
Who is driving wellness and luxury travel in Asia? Latest ILTM research
ILTM released its latest research identifying three consumer archetypes that travel brands should be on the lookout for to capitalize on the escalating wellness and luxury travel sector.
Where are luxury travellers spending their summer?
Luxury travellers are setting their sights for summer travel on emerging destinations all over the world, according to a new analysis from global luxury travel network Virtuoso
The hottest trends for luxury travellers
Global luxury travel network Virtuoso is disclosing where, how and why travellers are voyaging this autumn and holiday season. @Virtuoso
Exclusive experiences rank highest with luxury travellers
Agents from Travel Leaders Luxury Brands rank VIP tours, private cars and custom culinary experiences among most sought-after in travel trends survey. @TravelLeadersHQ
