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Luxury Travel Market Size Trends and Forecast by Application,

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Luxury Travel Market

The Luxury Travel Market was valued at approximately USD 1.2 trillion in 2023 and is expected to reach around USD 2.3 trillion by 2033, growing at a CAGR of 6.8% from 2024 to 2033.

Luxury Travel Market Overview

The Luxury Travel Market is experiencing strong growth driven by rising disposable incomes, increasing demand for personalized and exclusive travel experiences, and growing interest in wellness and eco-friendly tourism. Travelers are seeking unique destinations, luxury accommodations, and premium services that offer comfort, privacy, and authentic cultural experiences. The expansion of digital platforms and tailored marketing strategies has enhanced customer engagement and booking convenience. Regions like North America, Europe, and Asia-Pacific are key contributors, with emerging markets showing significant potential. Post-pandemic recovery and innovations in travel technology are further boosting the luxury travel sector globally.

Request a sample copy of this report at: https://www.omrglobal.com/request-sample/luxury-travel-market

Advantages of requesting a Sample Copy of the Report:

1) To understand how our report can bring a difference to your business strategy

2) To understand the analysis and growth rate in your region

3) Graphical introduction of global as well as the regional analysis

4) Know the top key players in the market with their revenue analysis

5) SWOT analysis, PEST analysis, and Porter’s five force analysis

The report further explores the key business players along with their in-depth profiling

Abercrombie & Kent, TUI Group, Virtuoso, Scott Dunn, Butterfield & Robinson, Cox & Kings, Micato Safaris, Tauck, Thomas Cook Group

Luxury Travel Market Segments:

◘ By Type: customized and private vacations, adventure and safari tours, cruise and ship expeditions, small group journeys

◘ By Application: exclusive, personalized, and immersive experiences across global destinations, emphasizing comfort, uniqueness, and high-end services

Report Drivers & Trends Analysis:

The report also discusses the factors driving and restraining market growth, as well as their specific impact on demand over the forecast period. Also highlighted in this report are growth factors, developments, trends, challenges, limitations, and growth opportunities. This section highlights emerging Luxury Travel Market trends and changing dynamics. Furthermore, the study provides a forward-looking perspective on various factors that are expected to boost the market’s overall growth.

Competitive Landscape Analysis:

In any market research analysis, the main field is competition. This section of the report provides a competitive scenario and portfolio of the Luxury Travel Market’s key players. Major and emerging market players are closely examined in terms of market share, gross margin, product portfolio, production, revenue, sales growth, and other significant factors. Furthermore, this information will assist players in studying critical strategies employed by market leaders in order to plan counterstrategies to gain a competitive advantage in the market.

Regional Outlook:

The following section of the report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered. The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in a particular region.

» North America (U.S., Canada, Mexico)

» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

» South America (Brazil, Argentina, Rest of SA)

» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

If you have any special requirements, Request customization: https://www.omrglobal.com/report-customization/luxury-travel-market

Key Benefits for Stakeholders:

⏩ The study represents a quantitative analysis of the present Luxury Travel Market trends, estimations, and dynamics of the market size from 2025 to 2032 to determine the most promising opportunities.

⏩ Porter’s five forces study emphasizes the importance of buyers and suppliers in assisting stakeholders to make profitable business decisions and expand their supplier-buyer network.

⏩ In-depth analysis, as well as the market size and segmentation, help you identify current Luxury Travel Market opportunities.

⏩ The largest countries in each region are mapped according to their revenue contribution to the market.

⏩ The Luxury Travel Market research report gives a thorough analysis of the current status of the Luxury Travel Market’s major players.

Key questions answered in the report:

➧ What will the market development pace of the Luxury Travel Market?

➧ What are the key factors driving the Luxury Travel Market?

➧ Who are the key manufacturers in the market space?

➧ What are the market openings, market hazards,s and market outline of the Luxury Travel Market?

➧ What are the sales, revenue, and price analysis of the top manufacturers of the Luxury Travel Market?

➧ Who are the distributors, traders, and dealers of Luxury Travel Market?

➧ What are the market opportunities and threats faced by the vendors in the Luxury Travel Market?

➧ What are deals, income, and value examination by types and utilizations of the Luxury Travel Market?

➧ What are deals, income, and value examination by areas of enterprises in the Luxury Travel Market?

Purchase Now Up to 25% Discount on This Premium Report: https://www.omrglobal.com/buy-now/luxury-travel-market?license_type=quick-scope-report

Reasons To Buy The Luxury Travel Market Report:

➼ In-depth analysis of the market on the global and regional levels.

➼ Major changes in market dynamics and competitive landscape.

➼ Segmentation on the basis of type, application, geography, and others.

➼ Historical and future market research in terms of size, share growth, volume, and sales.

➼ Major changes and assessment in market dynamics and developments.

➼ Emerging key segments and regions

➼ Key business strategies by major market players and their key methods

Contact Us:

Mr. Anurag Tiwari

Email: anurag@omrglobal.com

Contact no: +91 780-304-0404

Website: www.omrglobal.com

Follow Us: LinkedIn | Twitter

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.



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Annoying travel ‘bugbear’ prompted Aussie couple to pack their entire lives into a van | Exclusive

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It was a simple observation that led this young Aussie couple to completely change their way of life. 

Priya Sharma and her partner Sid Madiwale were travelling through New Zealand when they noticed something they had never seen in Sydney

“Everywhere people were van-lifing,” she tells 9Travel, “There was just a ridiculous amount of vans on the road”. 

READ MORE: Supermarket item Aussie flight attendant packs in her carry-on bag for every flight

Priya Sharma and her partner Sid Madiwale selling their Dad’s Special Spice Mix (Supplied)

So the next time they returned to New Zealand, they did as the locals do and rented a van, and in the process they discovered a comfort they had never felt before while travelling.

Priya’s number one bugbear while travelling was dragging suitcases around hotel rooms and back to cars, inevitably forgetting something.

READ MORE: ‘I’ve discovered an important secret no one tells you about cruising’

Here are 15 wacky campervans for your next road trip

But with the van, “I never had to pack or unpack. All of my stuff was in the van”, she says. 

“We could stop and just be in the most beautiful location ever, have a cup of tea, cook breakfast. It was truly the most simplest things about it. I felt like I was more in the moment, because there was so much I didn’t have to worry about.”

Even when the long-term couple returned to the little Queensland mining town where they both worked as explosives engineers, the idea persisted.

READ MORE: Booming travel trend will soon be worth $1.35 trillion – and it’s changing the way we holiday

Priya Sharma with her van
Priya Sharma with her van (TikTok/@himynameispriya)

Their rosters meant they would have seven days of work followed by seven days off, and previously they would rent “very average” motel rooms in larger cities to have a getaway. But their newfound discovery had them instead investing $8000 on a starter van.

“That way we would drive along the coast. We wouldn’t have to worry about booking a hotel. We just throw everything in our van,” she explains.

The process showed her just “how much I would not need a home.”

Their humble abode stores a lot more than you would expect, with the pair packing their summer and winter clothes, hiking gear, formal and Indian attire, kitchenware, and even their suitcases so that if they find themselves whisked away on an overseas adventure, they can do so on a whim.

READ MORE: ‘People say Bali is over. Here’s why it’s not.’

Priya Sharma with her van
Priya Sharma in her van’s kitchen. (TikTok/@himynameispriya)

“I thought I would need more, and I don’t. I think that’s the biggest surprise when you live in a van,” says Priya.

As they settled into the new way of life, Priya began documenting the “renovations” they would do to the van to make it more like home on TikTok, where they gained a substantial following. 

Eventually the couple were able to quit their day jobs and become “digital nomads”, roaming around the east coast of Australia while documenting their adventures. 

It wasn’t all sunshine and rainbows though, especially when it was raining. 

Their first van was “really miserable to live in” when a sudden shower would hit. The couple weren’t able to enjoy the creature comforts of a rainy day –  like a nice long hot shower or a hot meal – since their cooking station was outside and they had a tiny shower.

READ MORE: Christchurch in a day: What to do with less than 24 hours

Priya Sharma cooking in her van
Priya Sharma cooking in her van. (TikTok/@himynameispriya)

When they bought a new van, they made sure to utilise what they learned from the first time.

Their new van is fitted with an induction cooktop for safety, all of your regular kitchen gadgets like an air fryer, adequate counter space, a TV, and even internet.

Most of all, it was “important to us that Sid and I can sit and eat dinner together, so we have two little seats facing each other.”

READ MORE: Simple packing method that will make wheeling your suitcase around so much easier

Priya Sharma and Sid Madiwale building their van
Priya Sharma and Sid Madiwale building their van (TikTok/himynameispriya)

Despite being in close quarters with Sid – who is not only her life partner of 13 years but also her business partner, with the pair selling her Dad’s Special Spice Mix around the world – the couple don’t tend to get on each other’s nerves. 

“Historically, whenever partners work together, there’s a lot of clash… (but) I think because we had so much time where we were forced not to see each other… it’s our normal,” says Priya.

“I couldn’t imagine it any other way. I couldn’t imagine only seeing my partner for a few hours of the day. And that is a huge privilege, that we do get to spend all day together.”

READ MORE: One thing more and more Aussies are doing on holidays – and it saved my family holiday 

camping spots

The best camping spots in Australia for stargazing this winter



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2025 Summer Travel Trends You Need To Know For Your Next Vacation

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Friday, August 1, 2025

Heading into the summer season of 2025, tourists are getting ready to experience a diverse assortment of destinations and types of vacationing based on trends set off by concern over prices and anxiety about global unrest. From time-honored classics like Paris and Rome to more offbeat escapes such as Iceland and the Azores, it seems 2025 is set to be a year of adventure — with practicality in tow. Some may be influenced by the increasing price of travel, turning to value-oriented trips or simply staying closer to home. Below is a look at some of the key trends anticipated to influence summer travel five years from now.

Trending Destinations for Summer 2025

They revisit old bucket-list destinations, the first major trend for 2025. Domestic and international destinations alike are experiencing a surge in popularity, according to flight-tracking company Dollar Flight Club. Overseas, the top-of-mind destinations are cities such as Paris, Tokyo, and Rome, along with beach towns like Cancun and Bangkok. These cities, each with its unique elements from rich culture to beautiful landmarks and lively vibes, draw tourists in every year.

Traditional top destinations domestically, such as Honolulu, Orlando and Las Vegas, New York City, and Denver, are also popular this year. These famous names are still bringing in tourists for the sights, great family fun, and general “city goodness.”

The Emergence of “Coolcations” and Shorter Getaways

Cool, as in cold similar mindset has boosted the coolcation: People are craving a vacation that’s more chilled out and less crowded, which could mean going somewhere cooler (as in temperature). Closer to two-thirds of Americans live between Texas and Georgia. These spots provide relief from the summer heat, along with lots of outdoor activities and beautiful scenery. Destinations like Dublin, Edinburgh, Reykjavik, and Copenhagen are also drawing more bookings for travelers eager to experience cooler temperatures (or fewer tourists).

Another trend is the love affair with short, surprise trips showing no signs of weakening. In the post-pandemic world, travelers are predisposed to reserve fast getaways, sometimes involving long weekends. This corresponds with a wider appetite for flexibility and increasingly frequent getaways, as people opt for places that are just an hour or two away by car or quick flight.

Cost: Cheaper and cheaper options are being added all the time.

Travel costs continue to spiral, and this is impacting how people are holidaying, as they look for the cheapest ways to get away. Based on surveys from travel industry reports, many Americans are choosing closer-to-home vacations or shorter trips to keep their spending in check. Trends to consider in affordable destinations for 2025 would likely bring you places such as Portland, Maine, and smaller U.S. towns like Sedona and Jackson (anything but Mississippi).

Travelers are also becoming more strategic about where they stay, often choosing budget hotels or vacation apartments, or crashing with friends and family. That’s because the hospitality industry has become more expensive, and travelers are seeking ways to save money while still taking a summer holiday.

Labor Day Travel Trends: A Tale of Two Stories

When we look ahead to travel around Labor Day, two degrees of separation were pretty obvious: as soon as the flights venture across borders elsewhere. Domestic flights are relatively cheaper, with average prices 17 percent lower than in 2019, according to Dollar Flight Club. Las Vegas, Orlando, Phoenix, and Denver, cities that are affordable and offer plenty of fun things to do will see a significant boom in travelers.

But international airfare is climbing, with some routes demonstrating price hikes of 40-60% for the holiday weekend. To get around these prohibitive costs, travelers are looking at less costly options abroad, such as Calgary, Mexico City, and Lisbon, instead of the typical summer hotspots.

Adventure and Experience-Driven Travel

2025 is when active adventure and experiential travel assume the preeminent role for travellers in general. Interest in small-group adventure tours is also on the rise, particularly for places like coastal trails of the Azores and hiking routes through the Dolomites. This shift in mindset is especially common among younger travelers who are interested in immersion and personal development from travel.

In addition to these intrepid pursuits, there’s also an increasing demand for “maximalist travel,” as one jetsetter says she is seeing more and more of in recent years—travelers trying to pack everything they can into a single trip: hitting all the must-see spots and having every experience while visiting just one destination.

How Film and Social Media Have Affected Travel Decisions

There is no question that social media has been a driver of summer tourism decisions. Travel reports that 47% of younger travelers (aged 18-34) say their trips are inspired by social media, with the likes of Instagram and TikTok influencing where they visit. TV shows and movies have also been influential, driving travelers to the filming locations of popular series like “The White Lotus,” which is set in Hawaii, as well as Italy and Thailand.

It’s further evidence of the overlap between entertainment and tourism, as sites made famous in film, television, or literature draw growing numbers to visit – for better (and sometimes worse).

Crusing and Luxury travel: new trends for 2025

Cruise bookings are also beginning to rebound, especially for high-end cruises. For some travelers, a floating resort with boundless activities and seemingly unlimited new destinations is an alluring prospect. In terms of travel booking data, 2025 is set to see a spike in luxury cruises being booked, with the Caribbean and Mediterranean emerging as major winners.

Meanwhile, luxury travel is on the rise throughout Europe—destinations like Paris, Rome, and the Amalfi Coast still top lists for those in search of swanky digs and exclusive experiences. The trend demonstrates a continued appetite for luxury travel, even amid concerns about increased costs.

Economic Concerns and Travel Choices

Economic uncertainty continues to play a key role in summer travel planning. Many travelers are tightening their purse strings and seeking less expensive getaways, shorter trips, or more travel close to home. Record-high airfare prices and inflation are leading a lot of people to choose destinations that give them the most bang for their buck, but not at the expense of great experiences.

Tourists are getting pickier over where they want to allocate their funds—at times choosing dining, cultural excursions, and adventure experiences instead of expensive luxury accommodations or high-end shopping extravaganzas.

Conclusion: The Summer of Many Options

To recap, summer travel in 2025 will be influenced by a mix of timeless trips fit for the social media era and new ways to beat the heat on a budget — with an insatiable appetite for adventure. Travelers remain cautious as economic uncertainty looms, making more conscious choices with an eye to value, shorter trips, and cheaper options. Whether returning to familiar destinations or discovering new remote corners of the world, 2025 is expected to be a diverse and unpredictable travel landscape for those who are open-minded about it.

(Source: Travel industry reports, Dollar Flight Club, HotelPlanner, Emirates, Onefinestay, Enterprise Mobility, RateGain, U.S. News & World Report, MasterCard Economics Institute, Kayak, Google, Explore Worldwide, Squaremouth, Aon Affinity, Vacasa, Hilton, Tripadvisor, Allianz Partners, Kindred, Vacasa, Deloitte, Expedia, Whimstay, Trevolution Group, Pilot and Campspot, Harvest Hosts, RateHawk, LugLess, Lodgify, Fora Travel, Classic Vacations, WorldVia Travel Group, Trevolution Group, and Classic Vacations.)



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Barrhead to open third Northern Irish store in 'phenomenal' shopping centre location

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In March 2025, the agency confirmed plans to expand into Northern Ireland after one of its stores exceeded its annual target in the first quarter



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