Market Analysis and Insights: UK Luxury Travel Market
The UK Luxury Travel market size in 2022 is 12396.64 million US dollars, and it is expected to be 28920.18 million US dollars by 2029, with a compound annual growth rate of 12.86% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Luxury Travel market include Abercrombie & Kent Ltd, Jet2 Holidays, TUI Group, Scott Dunn, and Destinology. The share of the top 3 players in the Luxury Travel market is 6.61%.
SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Domestic Travel, International Travel, etc. Application segment includes Family Travel, Business Travel, etc.
---Domestic Travel contributes approximately 80.32% share to the market in 2022.
---Family Travel contributes approximately 49.09% share to the market in 2022.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the UK Luxury Travel market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the UK Luxury Travel market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the UK Luxury Travel market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the UK Luxury Travel market.
UK Luxury Travel Scope and Market Size
Luxury Travel market is segmented by company, by Type, and by Application. Players, stakeholders, and other participants in the UK Luxury Travel market will be able to gain the upper hand as they use the report as a powerful resource.
The impact of the outbreak of COVID-19 and the Russia-Ukraine War on the Luxury Travel industry is considered in the report, covering the dynamic analysis of the development of the Luxury Travel industry, including trends, technologies, opportunities, constraints. To ensure report buyers are able to gain in-depth knowledge of the market.
The UK luxury travel market has experienced various trends in recent years, shaped by changing consumer preferences, technological advancements, and global events. While I don”t have access to real-time data, I can provide you with some insights into the trends that were relevant as of my last knowledge update in September 2021. Here are some key trends in the UK luxury travel market:
Experiential Travel: Luxury travelers are increasingly seeking unique and immersive experiences. They are looking for personalized itineraries, off-the-beaten-path destinations, and authentic cultural encounters. This trend has led to a rise in experiential travel offerings such as bespoke tours, private villa rentals, and curated culinary experiences.
Wellness and Health-focused Travel: There is a growing demand for wellness-focused luxury travel experiences. Health and wellness retreats, spa resorts, and wellness-focused activities such as yoga retreats and meditation retreats have gained popularity among affluent travelers. This trend is driven by the desire for relaxation, rejuvenation, and maintaining a healthy lifestyle while traveling.
Sustainable and Responsible Travel: Conscious consumerism and environmental awareness have influenced the luxury travel market. Travelers are increasingly seeking sustainable and responsible travel options, such as eco-friendly accommodations, carbon-neutral travel experiences, and community-based tourism initiatives. Luxury travel providers are responding by offering eco-luxury experiences that prioritize sustainability and minimize the negative impact on the environment and local communities.
Digital Transformation: Technology is playing a significant role in the luxury travel market. Travelers are utilizing digital platforms and mobile apps for trip planning, booking luxury accommodations, and accessing personalized travel recommendations. Luxury travel companies are leveraging technology to enhance the customer experience, offering virtual tours, personalized concierge services, and seamless digital interactions throughout the travel journey.
Multigenerational Travel: Multigenerational travel is on the rise, with families and extended families opting for luxury travel experiences together. Luxury resorts and tour operators are catering to this trend by providing spacious accommodations, family-friendly amenities, and tailored activities that appeal to different age groups. This trend reflects the desire for shared experiences and quality time with loved ones.
Domestic and Staycation Travel: The COVID-19 pandemic has led to a shift towards domestic and staycation travel. Travel restrictions and safety concerns have prompted UK luxury travelers to explore their own country and enjoy luxury experiences closer to home. This trend has led to the emergence of luxury accommodations, resorts, and experiences in domestic destinations.
Highlights-Players
Major Players in Luxury Travel market are:
Abercrombie & Kent Ltd
Jet2 Holidays
TUI Group
Scott Dunn
Destinology
Audley Travel
Elegant Resorts
Kenwood Travel
Black Tomato
The Turquoise Holiday Company
Thomas Cook Holidays
Kuoni Global Travel Services (UK) LTD
The Ultimate Travel Company
Highlights-Types
Most important types of Luxury Travel products covered in this report are:
Domestic Travel
International Travel
Highlights-Application
Most widely Application of Luxury Travel market covered in this report are:
Family Travel
Business Travel
Personal Travel
Others
Table of Content
1 Introduction to Research & Analysis Reports
1.1 Luxury Travel Market Definition
1.2 Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
1.2.3 Luxury Travel Segment by Application
1.3 UK Luxury Travel Market Overview
1.4 Base Year
1.5 Coronavirus Disease 2021 (COVID-19) Impact on Global
2 UK Luxury Travel Overall Market Size
2.1 UK Luxury Travel Market Size: 2023 VS 2029
2.2 UK Luxury Travel Revenue, Prospects & Forecasts: 2018-2029
3 Sights by Type
3.1 Overview
3.1.1 By Type - UK Luxury Travel Market Size Markets, 2023 & 2029
3.2 By Type - UK Luxury Travel Revenue & Forecasts
3.2.1 By Type - UK Luxury Travel Revenue, 2018-2023
3.2.2 By Type - UK Luxury Travel Revenue, 2023-2029
3.2.3 By Type - UK Luxury Travel Revenue Market Share, 2018-2029
3.3 Forecast
4 Sights by Application
4.1 Overview
4.1.1 By Application - UK Luxury Travel Market Size, 2023 & 2029
4.2 By Application - UK Luxury Travel Revenue & Forecasts
4.2.1 By Application - UK Luxury Travel Revenue, 2018-2023
4.2.2 By Application - UK Luxury Travel Revenue, 2023-2029
4.2.3 By Application - UK Luxury Travel Revenue Market Share, 2018-2029
4.3 Forecast
5 Company Landscape
5.1 Top Luxury Travel Players in UK Market
5.2 Top UK Luxury Travel Companies Ranked by Revenue
5.3 UK Luxury Travel Revenue by Companies
5.4 Top 3 and Top 6 Luxury Travel Companies in UK Market, by Revenue in 2023
5.5 Companies Luxury Travel Business Type
6 Key Players Analysis
6.1 Competitive Profile
6.2 Abercrombie & Kent Ltd
6.2.1 Company Profiles
6.2.2 Luxury Travel Product Introduction
6.2.3 Abercrombie & Kent Ltd Value, Gross, Gross Margin 2018-2023
6.2.4 Recent Developments
6.3 Jet2 Holidays
6.3.1 Company Profiles
6.3.2 Luxury Travel Product Introduction
6.3.3 Jet2 Holidays Value, Gross, Gross Margin 2018-2023
6.3.4 Recent Developments
6.4 TUI Group
6.4.1 Company Profiles
6.4.2 Luxury Travel Product Introduction
6.4.3 TUI Group Value, Gross, Gross Margin 2018-2023
6.4.4 Recent Developments
6.5 Scott Dunn
6.5.1 Company Profiles
6.5.2 Luxury Travel Product Introduction
6.5.3 Scott Dunn Value, Gross, Gross Margin 2018-2023
6.5.4 Recent Developments
6.6 Destinology
6.6.1 Company Profiles
6.6.2 Luxury Travel Product Introduction
6.6.3 Destinology Value, Gross, Gross Margin 2018-2023
6.6.4 Recent Developments
6.7 Audley Travel
6.7.1 Company Profiles
6.7.2 Luxury Travel Product Introduction
6.7.3 Audley Travel Value, Gross, Gross Margin 2018-2023
6.7.4 Recent Developments
6.8 Elegant Resorts
6.8.1 Company Profiles
6.8.2 Luxury Travel Product Introduction
6.8.3 Elegant Resorts Value, Gross, Gross Margin 2018-2023
6.8.4 Recent Developments
6.9 Kenwood Travel
6.9.1 Company Profiles
6.9.2 Luxury Travel Product Introduction
6.9.3 Kenwood Travel Value, Gross, Gross Margin 2018-2023
6.9.4 Recent Developments
6.10 Black Tomato
6.10.1 Company Profiles
6.10.2 Luxury Travel Product Introduction
6.10.3 Black Tomato Value, Gross, Gross Margin 2018-2023
6.10.4 Recent Developments
6.11 The Turquoise Holiday Company
6.11.1 Company Profiles
6.11.2 Luxury Travel Product Introduction
6.11.3 The Turquoise Holiday Company Value, Gross, Gross Margin 2018-2023
6.11.4 Recent Developments
6.12 Thomas Cook Holidays
6.12.1 Company Profiles
6.12.2 Luxury Travel Product Introduction
6.12.3 Thomas Cook Holidays Value, Gross, Gross Margin 2018-2023
6.12.4 Recent Developments
6.13 Kuoni Global Travel Services (UK) LTD
6.13.1 Company Profiles
6.13.2 Luxury Travel Product Introduction
6.13.3 Kuoni Global Travel Services (UK) LTD Value, Gross, Gross Margin 2018-2023
6.13.4 Recent Developments
6.14 The Ultimate Travel Company
6.14.1 Company Profiles
6.14.2 Luxury Travel Product Introduction
6.14.3 The Ultimate Travel Company Value, Gross, Gross Margin 2018-2023
6.14.4 Recent Developments
7 Research Findings and Conclusion
8 Methodology and Data Source
8.1 A Methodology
8.1.1 Research Process
8.1.2 Market Size Estimation
8.1.3 Market Breakdown and Data Triangulation
8.2 B Data Source
8.2.1 Legal Disclaimer
List of Tables and Figures
Figure Type Picture
Table Application of Luxury Travel
Figure UK Luxury Travel Market Overview
Figure 2021 (COVID-19) Impact on Global Economic Growth 2020, 2021, 2022
Figure Population infected by the Covid-19 of Major Countries
Table UK Luxury Travel Market Size: 2023 VS 2029
Figure UK Luxury Travel Revenue, Prospects & Forecasts: 2018-2029
Table By Type - UK Luxury Travel Market Size Markets, 2023 & 2029
Table By Type - UK Luxury Travel Revenue, 2018-2023
Table By Type - UK Luxury Travel Revenue, 2023-2029
Table By Type - UK Luxury Travel Revenue Market Share, 2018-2029
Table By Application - UK Luxury Travel Market Size, 2023 & 2029
Table By Application - UK Luxury Travel Revenue, 2018-2023
Table By Application - UK Luxury Travel Revenue, 2023-2029
Table By Application - UK Luxury Travel Revenue Market Share, 2018-2029
Table Top UK Luxury Travel Companies Ranked by Revenue
Table UK Luxury Travel Revenue by Companies (2018-2023)
Figure Top 3 Luxury Travel Companies in UK Market, by Revenue in 2023
Figure Top 6 Luxury Travel Companies in UK Market, by Revenue in 2023
Table Companies Luxury Travel Business Type
Table Major Players Value Share (2018-2023)
Table Company Profiles
Table Type Introduction
Table Abercrombie & Kent Ltd Value, Gross, Gross Margin 2018-2023
Figure Abercrombie & Kent Ltd Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table Jet2 Holidays Value, Gross, Gross Margin 2018-2023
Figure Jet2 Holidays Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table TUI Group Value, Gross, Gross Margin 2018-2023
Figure TUI Group Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table Scott Dunn Value, Gross, Gross Margin 2018-2023
Figure Scott Dunn Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table Destinology Value, Gross, Gross Margin 2018-2023
Figure Destinology Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table Audley Travel Value, Gross, Gross Margin 2018-2023
Figure Audley Travel Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table Elegant Resorts Value, Gross, Gross Margin 2018-2023
Figure Elegant Resorts Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table Kenwood Travel Value, Gross, Gross Margin 2018-2023
Figure Kenwood Travel Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table Black Tomato Value, Gross, Gross Margin 2018-2023
Figure Black Tomato Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table The Turquoise Holiday Company Value, Gross, Gross Margin 2018-2023
Figure The Turquoise Holiday Company Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table Thomas Cook Holidays Value, Gross, Gross Margin 2018-2023
Figure Thomas Cook Holidays Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table Kuoni Global Travel Services (UK) LTD Value, Gross, Gross Margin 2018-2023
Figure Kuoni Global Travel Services (UK) LTD Value Market Share 2018-2023
Table Recent Developments
Table Company Profiles
Table Type Introduction
Table The Ultimate Travel Company Value, Gross, Gross Margin 2018-2023
Figure The Ultimate Travel Company Value Market Share 2018-2023
Table Recent Developments
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report
