Research on UAE Luxury Travel Industry Strategy Analysis (Impact of Covid-19)

Length- 115 Pages | Published Date - 2023-04-22 | Report Id- 2034
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Market Analysis and Insights: UAE Luxury Travel Market
The UAE Luxury Travel market size in 2022 is 722.18 million US dollars, and it is expected to be 1339.02 million US dollars by 2029, with a compound annual growth rate of 9.22% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:
The main players in the Luxury Travel market include Dnata Travel Services, Omeir Travel Agency, Kanoo Travel, Abercrombie & Kent Ltd, and Al Rais Travel . The share of the top 3 players in the Luxury Travel market is 10.77%.

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 72.65% share to the market in 2022.
---Family Travel contributes approximately 46.14% 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 UAE 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 UAE 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 UAE 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 UAE Luxury Travel market.

UAE 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 UAE 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 UAE luxury travel market has been a significant contributor to the country”s tourism industry, offering a range of high-end experiences and luxury accommodations. 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 UAE luxury travel market:

Luxury Hospitality and Infrastructure: The UAE is renowned for its luxurious hotels, resorts, and iconic structures. Luxury hotel chains, such as Burj Al Arab, Emirates Palace, and Atlantis The Palm, offer opulent accommodations and world-class amenities. The market continues to see investments in new luxury hotel developments and infrastructure to cater to the increasing demand from affluent travelers.

Experiential and Adventure Travel: Luxury travelers in the UAE are seeking unique and adventurous experiences. From desert safaris and camel trekking to luxury yacht cruises and dune bashing, there is a growing demand for experiential travel activities. Luxury tour operators are focusing on curating bespoke experiences that showcase the UAE”s cultural heritage, natural beauty, and adrenaline-pumping adventures.

Wellness and Spa Retreats: Wellness tourism is gaining traction in the UAE luxury travel market. High-end wellness and spa retreats, offering rejuvenating treatments, wellness programs, and healthy cuisine, are attracting wellness-conscious travelers. These retreats often feature state-of-the-art facilities, experienced wellness professionals, and serene environments that promote relaxation and well-being.

Shopping and Luxury Retail: The UAE is known for its luxury shopping experiences, with high-end malls and designer boutiques attracting affluent travelers seeking luxury goods and exclusive brands. Shopping festivals, such as the Dubai Shopping Festival, offer special promotions and events to enhance the luxury retail experience. Luxury travel in the UAE often includes visits to upscale shopping destinations like The Dubai Mall and The Mall at the World Trade Centre Abu Dhabi.

Sustainable and Eco-Luxury Travel: The UAE luxury travel market is embracing sustainable and eco-friendly practices. Luxury resorts and hotels are implementing green initiatives, such as energy-efficient operations, waste reduction, and eco-friendly amenities. There is also an increasing demand for luxury eco-lodges and sustainable tourism experiences that allow travelers to connect with nature while minimizing the environmental impact.

VIP and Exclusive Services: The UAE luxury travel market caters to high-net-worth individuals and VIP travelers by offering exclusive services and personalized experiences. This includes private airport transfers, access to private lounges, personalized itineraries, and VIP treatment at luxury hotels and resorts. Luxury travel providers are focused on delivering exceptional service and catering to the specific needs and preferences of affluent travelers.
Highlights-Players
Major Players in Luxury Travel market are:
Dnata Travel Services
Omeir Travel Agency
Kanoo Travel
Abercrombie & Kent Ltd
Al Rais Travel 
Orient Travel
Al Naboodah Travel & Tourism
ITL World
Rayna Tours
Airlink International
JTR Holidays
Escapes
Equifax Tourism & Travel LLC
Lushescapes
The Skin
High Class Travel Experiences 
Travel Agency Dubai
Others

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

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