- Euromonitor International
-
-
Store
WHAT'S NEWIntroducing enhanced country reports featuring interactive datagraphics, charts and analysis.Learn More
- Countries
- Industries
- Companies
- Economies
- Consumers
- Australia
- Brazil
- Canada
- China
- Colombia
- Denmark
- Egypt
- France
- Germany
- Hong Kong
- India
- Indonesia
- Ireland
- Italy
- Japan
- Kenya
- Malaysia
- Mexico
- Netherlands
- Nigeria
- Pakistan
- Peru
- Philippines
- Poland
- Romania
- Russia
- Saudi Arabia
- Singapore
- South Africa
- South Korea
- Spain
- Switzerland
- Taiwan
- Thailand
- Turkey
- United Arab Emirates
- United Kingdom
- United States
- Vietnam
- Alcoholic Drinks
- Apparel and Footwear
- Automotive
- Beauty and Personal Care
- Consumer Appliances
- Consumer Electronics
- Consumer Finance
- Consumer Foodservice
- Consumer Health
- Eyewear
- Fresh Food
- Health and Wellness
- Home and Garden
- Home Care
- Hot Drinks
- Industrial/Commercial
- Ingredients
- Luxury Goods
- Nutrition
- Packaged Food
- Packaging
- Personal Accessories
- Pet Care
- Retailing
- Soft Drinks
- Sports
- Tissue and Hygiene
- Tobacco
- Toys and Games
- Travel
- American Express Co
- Amway Corp
- Apple Inc
- Asahi Group Holdings Ltd
- Avon Products Inc
- Beiersdorf AG
- Bristol-Myers Squibb Co
- Campari Milano SpA, Davide
- Coach Inc
- Coca-Cola Co, The
- Colgate-Palmolive Co
- Danone, Groupe
- Gap Inc, The
- H&M Hennes and Mauritz AB
- Henkel AG & Co KGaA
- Herbalife Ltd
- Inditex, Industria de Diseño Textil SA
- Inter Ikea Systems BV
- Johnson & Johnson Inc
- Kao Corp
- Kraft Foods Inc
- LG Corp
- LVMH Moët Hennessy Louis Vuitton SA
- Mars Inc
- Mondelez International Inc
- Natura Cosméticos SA
- Nestlé SA
- Nu Skin Enterprises Inc
- PepsiCo Inc
- Procter & Gamble Co, The
- Reckitt Benckiser Group Plc (RB)
- Royal FrieslandCampina NV
- Samsung Corp
- Sara Lee Corp
- Seven & I Holdings Co Ltd
- Sharp Corp
- Sony Corp
- Toyo Seikan Group Holdings, Ltd
- Unilever Group
Megatrends
The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn more
Euromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn more - Solutions
- Capabilities
- Blog
- Careers
- About Us
-
Store
Strategy Briefing
Global Luxury Travel Trends Report
Feb 2017
US$1,325Added to Cart
New Report Guarantee
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
About This Report
New Report Guarantee
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
The luxury travel industry is once again in the grip of major upheaval, with rising geopolitical tensions, such as the spill-over effects of the Middle East conflict, giving rise to mass migration and terrorist attacks. At the same time, luxury travel has entered a new phase, in which conspicuous consumption is giving way to conscientious consumption and more meaningful and “authentic” luxury travel experiences.
Files are delivered directly into your account within a few minutes of purchase.
Overview
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Luxury overhaul
Luxury consumers continue to reassess their values and are increasingly focused on getting the most out of life. Luxury travel has entered a new phase, in which conspicuous consumption is giving way to conscientious consumption as well as a desire for wellbeing and luxury “experiences”.
Terrorism takes its toll on luxury tourism
Travel continues to be a target for terrorist attacks across the world. Atrocities cause a short, sharp decline, followed by a rebound. However, sustained and frequent attacks, as in Turkey and Egypt, have a more long-term effect.
Leisure travel growing
An increase in international leisure travel is expected within luxury travel, driven by growing tourism flows from emerging markets, in particular aspirational middle class consumers.
Seamless luxury travel experiences
Seamless luxury services require the establishment of up-to-date real-time interaction with all stakeholders servicing all stage of the passenger journey. Airlines are also reviewing the creation of more open ecosystems, which can support such a seamless experience.
Luxury in China spreading
Tier two and three cities in China are set to see more luxury hotel investment, as they become increasingly accessible and see large business flows.
Luxury wellness travel
Luxury wellness travel is on the rise, which has resulted in an increased number of traditional holidays and safari breaks being accompanied by meditation, fitness, yoga and spa services.
Luxury sharing economy going more mainstream
Luxury accommodation providers and start-ups are offering pay-as-you-go convenience by offering designer clothing to buy or rent in hotel rooms.
Want to find out more about this report?
Request more informationTable of Contents
Introduction
Scope luxury goods
Scope travel
Key findings
Personal Luxury Goods Industry Overview
Luxury goods sales reach USD390 b illion and are growing
Swings and roundabouts for key regional performance
Developed countries comprise the leading absolute growth markets
A game of musical chairs for leading luxury markets
India is the “true star” of Asia bucking BRIC market trends
Change at the top as China set to edge ahead of the US
Tricky terrain ahead for luxury brands
Travel Demand Drivers
Household wealth changes consumer attitudes and travel habits
Quality, personalised service and authenticity to feed consumer loyalty
The growing financial muscle of world’s super- rich, led by US
Half global wealth comprise the top 10 HNWI markets
Global wealth underwrites luxury lifestyle trends
Love luxury shopping, will travel
Luxury shopping destinations see drop in international luxury spend
Travel health prognosis
Regional differences a side, growth r emains on track
Source markets
Destinations on a geopolitical rollercoaster
Destination movers and shakers
Luxury Travel Update
China outbound still an opportunity for luxury travel and sales
Chinese spending on lodging remains comparatively conservative
China hotel market continues to shows budget preference…for now
….But China shows strong growth potential for luxury hotels
Luxury continues to leads global lodging growth
Value sales of luxury hotels across the globe
Reliance on the well-heeled tourist in developed markets continue
Luxury e xperience is everything
Experiential luxury travel: T he essence of personalisation
Luxury travel goods with built-in technology becomes increasingly visible
Conspicuous to conscious luxury: The sustainable luxury travel market
Luxury wellness travel: From medical to fitness and spiritual tourism
Luxury sneaker concierge to designer “walk-out” wardrobe
Report Definitions
Luxury goods definitions
Travel data parameters and definitions
Report definition and abbreviations
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Want to find out more about this report?
Request more informationComplete Catalogue
Strategy Reports
Country Reports
- Luxury Goods in Argentina | Jan 2020
- Luxury Goods in Australia | Feb 2020
- Luxury Goods in Brazil | Feb 2020
- Luxury Goods in Canada | Jan 2020
- Luxury Goods in China | Jan 2020
- Luxury Goods in France | Jan 2020
- Luxury Goods in Germany | Feb 2020
- Luxury Goods in Hong Kong, China | Feb 2019
- Luxury Goods in Hong Kong, China | Jan 2020
- Luxury Goods in India | Feb 2020
- Luxury Goods in Indonesia | Jan 2020
- Luxury Goods in Italy | Jan 2020
- Luxury Goods in Japan | Jan 2020
- Luxury Goods in Malaysia | Jan 2020
- Luxury Goods in Mexico | Feb 2020
- Luxury Goods in Poland | Jan 2020
- Luxury Goods in Romania | Jan 2020
- Luxury Goods in Russia | Jan 2020
- Luxury Goods in Singapore | Feb 2020
- Luxury Goods in South Africa | Feb 2020
- Luxury Goods in South Korea | Jan 2020
- Luxury Goods in Spain | Jan 2020
- Luxury Goods in Sweden | Jan 2020
- Luxury Goods in Switzerland | Jan 2020
- Luxury Goods in Taiwan | Feb 2020
- Luxury Goods in Thailand | Feb 2020
- Luxury Goods in the Netherlands | Jan 2020
- Luxury Goods in the Philippines | Jan 2020
- Luxury Goods in the United Arab Emirates | Feb 2019
- Luxury Goods in the United Kingdom | Jan 2020
- Luxury Goods in the US | Feb 2020
- Luxury Goods in Turkey | Jan 2020
- Luxury Goods in Ukraine | Jan 2020
Complete Catalogue
Strategy Reports
Country Reports
- Luxury Goods in Argentina | Jan 2020
- Luxury Goods in Australia | Feb 2020
- Luxury Goods in Brazil | Feb 2020
- Luxury Goods in Canada | Jan 2020
- Luxury Goods in China | Jan 2020
- Luxury Goods in France | Jan 2020
- Luxury Goods in Germany | Feb 2020
- Luxury Goods in Hong Kong, China | Feb 2019
- Luxury Goods in Hong Kong, China | Jan 2020
- Luxury Goods in India | Feb 2020
- Luxury Goods in Indonesia | Jan 2020
- Luxury Goods in Italy | Jan 2020
- Luxury Goods in Japan | Jan 2020
- Luxury Goods in Malaysia | Jan 2020
- Luxury Goods in Mexico | Feb 2020
- Luxury Goods in Poland | Jan 2020
- Luxury Goods in Romania | Jan 2020
- Luxury Goods in Russia | Jan 2020
- Luxury Goods in Singapore | Feb 2020
- Luxury Goods in South Africa | Feb 2020
- Luxury Goods in South Korea | Jan 2020
- Luxury Goods in Spain | Jan 2020
- Luxury Goods in Sweden | Jan 2020
- Luxury Goods in Switzerland | Jan 2020
- Luxury Goods in Taiwan | Feb 2020
- Luxury Goods in Thailand | Feb 2020
- Luxury Goods in the Netherlands | Jan 2020
- Luxury Goods in the Philippines | Jan 2020
- Luxury Goods in the United Arab Emirates | Feb 2019
- Luxury Goods in the United Kingdom | Jan 2020
- Luxury Goods in the US | Feb 2020
- Luxury Goods in Turkey | Jan 2020
- Luxury Goods in Ukraine | Jan 2020