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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. Luxury fashion sector needs to reinvent amidst widespread global slowdown
  4. New episode of Luxury Stance Podcast: What the ultra-wealthy – 0.01 percent – want out of luxury hospitality
  5. Is luxury losing its luster as US affluent consumers’ priorities shift?
  6. 1 week left – Countdown begins for Luxury Outlook Summit New York
  7. Luxury Roundtable launches Luxury Marketer, a global intelligence, analysis and news source for luxury professionals across sectors 
  8. How will generative AI affect future jobs and workflows? McKinsey knows
  9. Webinar Oct. 9: Why AI is key to luxury's future
  10. Access no longer the new scarcity for global wealthy: report


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