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Learn moreAug 2016
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The generally more stable economic environment in Europe positively impacted travel in Luxembourg in 2015. Arrivals increased slightly above the average in Western Europe in 2015, since Luxembourg is also establishing itself as a leisure destination. Business arrivals, meanwhile, saw positive growth in 2015, since the country continues to be an important seat for many international companies and financial institutions.
Luxembourg’s residents continue to place relatively high importance on travel agencies and tourism offices in making travel plans, although their influence is waning. Instead, social media are gaining in importance, and also guidebooks and other sources, since travellers increasingly make their own arrangements. In line with these trends, online booking continued to rise in 2015.
Luxair Group is a key player in travel in Luxembourg. Luxair Luxembourg Airlines is the company’s flagship airline brand, while Luxair Tours holds a strong position among intermediaries. The group’s online portal, meanwhile, offers travellers the options of booking flights separately or of choosing entire packages, but international competition is fierce.
Apart from business travel, Luxembourg’s tourism board focuses on highlighting the country’s nature and cultural and gastronomic highlights in order to attract more leisure travellers. Typical packages that are being promoted include stays involving cycling or hiking, as well as spa and restaurant visits.
The outlook for travel in Luxembourg remains positive. Given the generally positive economic outlook in Western Europe, inbound arrivals are expected to rise further. Moreover, marketed as a place with beautiful nature and excellent infrastructure, both for lodging and gastronomy, Luxembourg is set to become more popular as a leisure destination, while the more favourable business environment will boost business travel.
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Overview:
Discover the latest market trends and uncover sources of future market growth for the Travel industry in Luxembourg with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Travel industry in Luxembourg, our research will save you time and money while empowering you to make informed, profitable decisions.
When you purchase this report, you also get the data and the content from these category reports in Luxembourg for free:
Car Rental
Health and Wellness Tourism
Tourism Flows Domestic
Tourism Flows Inbound
Tourism Flows Outbound
Tourist Attractions
Transportation
Travel Accommodation
Travel Retail
The Travel in Luxembourg market research report includes:
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This industry report originates from Passport, our
Travel And Tourism market research database.
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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.