The Future of Luxury Travel
The realm of luxury travel is undergoing a period of fast development. The advent of the digital-first Millennial generation, the growth of the middle class in China, and the development of new technology are all factors that are helping to mould the future of luxury travel (viajes de lujo).
To get the most out of their trips, many modern travellers are opting to stay in the most opulent hotels and book the most expensive cabin classes. Additionally, a new generation of luxury travel lovers are starting to seek further afield than traditional hotels and popular tourist destinations when planning their next holiday. What exactly is a luxury vacation?
According to research conducted by YouGov, consumers in Australia are becoming more interested in the prospect of experiencing the “next big thing” in terms of luxury travel. According to the findings of the study, customers in Australia who are interested in luxury travel are prepared to spend up to $130,000 year on luxury travel experiences.
This pattern is being driven in large part by the increasing interest of Australian tourists in the most recent and extravagant tourist destinations throughout the world. Consumers in 82 cities across Australia were questioned as part of a study conducted by Virtuoso, the leading organisation of travel agents in the industry, to find out what they anticipate receiving from their luxury vacations.
Luxury tourists are younger and more mobile than ever before, and this trend is expected to continue. As many as three journeys per year are taken by the typical luxury traveller today.
The standard cost of a luxury vacation is approximately ten thousand euros per person, per day; however, this number can vary quite a bit depending on the kind of experience you want to have and where you want to go. Discretion, privacy, and additional value have been added to the list of characteristics that define luxury travel, in addition to richness and expensive furnishings, which are traditionally linked with the idea of luxury travel.