Industry Research

Luxury Travel Outpaces Rest Of Industry, Report Shows

Posted on May 18, 2016

MADRID, Spain -- Global consumers are increasingly spending their disposable income on experiences rather than material goods.

And consumers' desire for these life experiences is spurring a growth in luxury travel that's outpacing the rest of the travel industry, according to a new report commissioned by global travel technology company, Amadeus.

The report, Shaping the Future of Luxury Travel, reveals the fresh challenges and opportunities the luxury travel market will face over the next decade.

Amadeus/PR Newswire press release here

Related Topics: business travel, industry trends, leisure travel, luxury market trends, VIP service, wealthy clients

Comments ( 0 )
More Stories
How much longer can the company keep going? (Photo via Unsplash user Austin Distel)
News

Why Uber Will Never Make Any Money

A recent report states the TNC has produced massive amounts of private wealth without benefits for consumers, drivers, or the cities it operates in.