The Luxury Travel Market Continues Its Rapid Upward Trajectory

Image for article The Luxury Travel Market Continues Its Rapid Upward Trajectory
News Source : Forbes

News Summary

  • The luxury travel market generates about $1.5 trillion each year.
  • Projections indicate a continued strong growth trajectory, with the market expected to reach $2.36 trillion within the next five years.
  • Luxury travel is characterized by a focus on bespoke itineraries and exceptional service that caters to affluent travelers seeking premium, personalized and exclusive travel experiences.
  • The Post Oak Hotel at Uptown Houston, inaugurated in 2018, is the only Texas Forbes Five-Star Hotel and Spa.
Hotels cater to affluent travelers by offer luxurious accommodations.Courtesy of Fertitta EntertainmentThe luxury travel market, a substantial and rapidly growing sector with a global reach, gene [+6208 chars]

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