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Travel and hospitality

Global luxury travel market, riding on experience wave, to reach $2.32 trillion by 2030

December 1, 2023

The Four Seasons Private Jet experience targets HNW and UHNW travelers with ultra-luxury travel journeys. Image: Four Seasons Hotels and Resorts The Four Seasons Private Jet experience targets HNW and UHNW travelers with ultra-luxury travel journeys. Image: Four Seasons Hotels and Resorts

 

By Luxury Marketer Intelligence

The global luxury travel market size is expected to reach $2.32 trillion by 2030, registering a compound annual growth rate (CAGR) of 7.7 percent from 2023 to 2030

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NEW INTELLIGENCE

MOST READ
  1. Future of luxury goods is AI-powered transformation: report
  2. Future of refrigeration in the luxury home – and what consumers are telling brands
  3. New episode of Luxury Stance Podcast: What the ultra-wealthy – 0.01 percent – want out of luxury hospitality
  4. Luxury fashion sector needs to reinvent amidst widespread global slowdown
  5. How to structure your wealth for the next decade
  6. Is luxury losing its luster as US affluent consumers’ priorities shift?
  7. Engagement through experiences key for success, Asian Racing Conference hears
  8. Luxury Roundtable launches Luxury Marketer, a global intelligence, analysis and news source for luxury professionals across sectors 
  9. Access no longer the new scarcity for global wealthy: report
  10. Report: US luxury retail expansion to continue unabated


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