The global luxury travel market size reached approximately USD 2.18 Trillion in 2025. The market is assessed to grow at a CAGR of 5.50% between 2026 and 2035 to attain a value of around USD 3.72 Trillion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5.5%
Value in USD Trillion
2026-2035
*this image is indicative*
| Global Luxury Travel Market Report Summary | Description | Value |
| Base Year | USD Trillion | 2025 |
| Historical Period | USD Trillion | 2019-2025 |
| Forecast Period | USD Trillion | 2026-2035 |
| Market Size 2025 | USD Trillion | 2.18 |
| Market Size 2035 | USD Trillion | 3.72 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 5.50% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 6.3% |
| CAGR 2026-2035 - Market by Country | India | 7.3% |
| CAGR 2026-2035 - Market by Country | China | 6.1% |
| CAGR 2026-2035 - Market by Tour Type | Customised and Private Vacation | 7.1% |
| CAGR 2026-2035 - Market by Age Group | Millennial (21-30 Years) | 6.4% |
| Market Share by Country 2025 | UK | 3.3% |
Luxury travel refers to a type of tourism that is associated with exclusive, personalised, and unique experiences. Luxury travellers typically choose high-end accommodations such as international hotels and exclusive boutique travel.
High-end travellers are also demanding authentic, meaningful, and unique experiences, hence choosing offbeat destinations not frequented by the masses with personalised tours and exclusive services.
“Global Luxury Travel Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Breakup by Tour Type
Breakup by Age Group
Breakup by Region
As per the luxury travel market analysis, millennials prefer luxury immersive and experimental travel that can provide them with spiritual awareness, physical enrichment, and intellectual nourishment. Moreover, luxury tours with a focus on culture, art, history, and music are gaining popularity among millennials seeking authentic and unique experiences.
The Asia Pacific accounts for a substantial portion of the luxury travel market share. Countries such as Thailand, India, Japan, Singapore, and Vietnam have emerged as leading destinations for travellers seeking a blend of comfort, luxury, natural beauty, and culture. The increasing number of luxury hotels, coupled with exceptional customer services and diverse locations in the region, is further aiding the market growth.
Besides, the surging number of high-net-worth-individuals (HNWI) and ultra-high-net-worth individuals (UHNWI), especially in countries like China, Japan, Singapore, and Hong Kong, are expected to positively impact the luxury travel market expansion in the coming years.
| CAGR 2026-2035 - Market by | Country |
| India | 7.3% |
| China | 6.1% |
| USA | 4.8% |
| Germany | 4.5% |
| France | 4.3% |
| Canada | XX% |
| UK | XX% |
| Italy | XX% |
| Japan | 3.8% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global luxury travel market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Abercrombie & Kent Ltd., established in 1962, has been a pioneer in the luxury adventure travel sector. It is recognised as one of the premier travel companies in the world and offers its services in over 100 countries. The company offers different types of travel services, ranging from private jet journeys to small group journeys, and luxury expedition cruises.
Scott Dunn Ltd. is a leading travel operator that is headquartered in London, the United Kingdom. The company offers high-end adventurous holidays across the globe, from Antarctica to the Alps. It aims to use its expansive knowledge to create customised, personalised, immersive, and memorable travel experiences.
TUI Group has established its position as a reputed tourism platform company that offers services in prominent holiday destinations across the globe. With its focus on social, economic, and environmental sustainability, the company has created memorable trips for more than 21 million travellers.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other luxury travel market players include Tauck, Inc., Lindblad Expeditions, LLC, Taicoa Corporation (Micato Safaris, Inc.), Exodus Travels Limited, Travelopia Holdings Limited, Butterfield & Robinson Inc., and Globus Travel Kft., among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the market attained a value of nearly USD 2.18 Trillion.
The market is assessed to grow at a CAGR of 5.50% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 3.72 Trillion by 2035.
The major market drivers are the rising disposable incomes of the young population, the increasing spending on travelling by millennials, and the surging demand for relaxing and rejuvenating luxury travel.
The rising demand for personalised offerings, the growing preference for sustainable and socially responsible luxury travel, and the surging preference for offbeat high-end destinations among affluent individuals are the key trends aiding the market expansion.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different age groups of luxury travel are millennial (21-30 years), Generation X (31-40 Years), baby boomers (41-60 years), and silver hair (60 years and above).
The major players in the market are Abercrombie & Kent Ltd., Scott Dunn Ltd., TUI Group, Tauck, Inc., Lindblad Expeditions, LLC, Taicoa Corporation (Micato Safaris, Inc.), Exodus Travels Limited, Travelopia Holdings Limited, Butterfield & Robinson Inc., and Globus Travel Kft., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Tour Type |
|
| Breakup by Age Group |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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