Le Lézard
Classified in: Tourism and vacations, Covid-19 virus
Subject: MRR

Insights on the Luxury Travel Global Market to 2027 - Demand for Enhanced Service Standards Presents Opportunities


DUBLIN, Aug. 17, 2022 /PRNewswire/ -- The "Global Luxury Travel Market (2022-2027) by Types of Tour, Age Group, Type of Traveller, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo

The Global Luxury Travel Market is estimated to be USD 965.8 Bn in 2022 and is expected to reach USD 1629.63 Bn by 2027, growing at a CAGR of 11.03%.

Market dynamics are forces that impact the prices and behaviors of the Global Luxury Travel Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.

There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Abercrombie & Kent USA, Butterfield & Robinson, Cox and Kings, Kensington Tours, Micato Safari, Scott Dunn, Tauck, Thomas Cook, Travcoa, TUI Group, etc.

Countries Studied

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Luxury Travel Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics
4.1 Drivers
4.1.1 Growing Inclination of People Towards Unique and Exotic Holiday Experiences
4.1.2 Growing Middle and Upper Middle Class Spending
4.1.3 Growing Trend of Online Bookings
4.2 Restraints
4.2.1 Effect by Natural Parameters
4.3 Opportunities
4.3.1 Emerging New Destinations
4.3.2 Demand for Enhanced Service Standards
4.4 Challenges
4.4.1 Varying Socio-Economic Conditions

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Luxury Travel Market, By Types of Tour
6.1 Introduction
6.2 Customized and Private Vacations
6.3 Adventure & Safari
6.4 Cruise/Ship Expedition
6.5 Small Group Journey
6.6 Celebration and Special Events
6.7 Culinary Travel and Shopping

7 Global Luxury Travel Market, By Age Group
7.1 Introduction
7.2 Millennials
7.3 Generation X
7.4 Baby Boomers
7.5 Silver hair

8 Global Luxury Travel Market, By Type of Traveler
8.1 Introduction
8.2 Absolute Luxury
8.3 Aspiring Luxury
8.4 Accessible Luxury

9 Americas' Luxury Travel Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas

10 Europe's Luxury Travel Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe

11 Middle East and Africa's Luxury Travel Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA

12 APAC's Luxury Travel Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific

13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements

14 Company Profiles
14.1 Abercrombie & Kent USA
14.2 Backroads
14.3 Black Tomato
14.4 Butterfield & Robinson
14.5 Cox and Kings
14.6 Exodus Travels
14.7 Kensington Tours
14.8 Ker & Downey
14.9 Lindblad Expenditions
14.10 Micato Safari
14.11 Scott Dunn
14.12 Tauck
14.13 Thomas Cook
14.14 Travcoa
14.15 TUI Group
14.16 Zicasso

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/areac3

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

For E.S.T Office Hours Call +1-917-300-0470 
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716 

Logo:  https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg 



SOURCE Research and Markets


These press releases may also interest you

at 17:21
Viking® (www.viking.com) today announced it has taken delivery of the Viking Polaris®, the company's second purpose-built expedition ship. The delivery ceremony took place this morning at Fincantieri's VARD shipyard in Søviknes, Norway, where...

at 16:30
Some dug in with rakes, clippers, shovels, and hoes. Others went in with gloves and trash bags. And still more grabbed binoculars, laced up hiking boots, or strapped on bicycle helmets. On Saturday, September 24, 2022, over 50,000...

at 14:49
Tuesday 27/09/2022  PICK-2: 3 9  PICK-3: 2 8 0  PICK-4:  5 6 6 5  ENCORE: 5301380  DAILY KENO 3, 6, 11, 17, 20, 21, 22, 31, 37, 43, 44, 47, 50, 54, 55, 56, 61, 66, 67, 70. SOURCE OLG Winners

at 14:30
Eviation Aircraft, a manufacturer of all-electric aircraft, successfully completed the first flight of its zero-emission Alice aircraft, a historic day and major milestone in electric aviation. Alice lifted off at 7:10 a.m. from Grant County...

at 14:00
Business travel is a top indirect spend area for many companies and could be challenging to manage efficiently without the right digital tools. Today's fragmented approach means adherence to travel policies is irregular, 'on-trip' spend like meals...

at 13:42
Attending the International Civil Aviation Organization's (ICAO) Assembly in Montreal this week, the World Travel & Tourism Council (WTTC) is calling on all governments to urgently agree an emissions reduction target for global aviation. ICAO's...



News published on 17 august 2022 at 15:30 and distributed by: