Industry Research

Luxury Travelers Value Experiences Overall

Posted on September 28, 2016

Photo via PEXELS (
Photo via PEXELS (
The luxury travel industry still yields high results with affluent consumers going on more than triple the number of trips average households take, according to a report prepared by Resonance.

General consumers in the U.S. take only an average of 4.8 trips a year, compared to the wealthiest 5% who take more than 14.3 trips per year. The luxury travel sector alone pulls in about $390 billion each year, with each trip costing $3,115 per family member.

Luxury Daily article here

Related Topics: client markets, leisure travel, luxury market trends, research and trends, VIP service, wealthy clients

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