The Future of International Luxury Travel in 4 Charts
Skift Take
Over the next decade, North America's dominance in luxury travel may be supplanted by Middle Eastern and Asian travelers looking to upgrade to a luxury travel experience.
Amadeus' Shaping the Future of Luxury Travel report, prepared in conjunction with Tourism Economics, digs into booking data that shows Asia, North America, and the Middle East will see the biggest growth in luxury travel through 2025.
Overall, the report projects a 6.2 percent growth rate in luxury travel over the next decade, compared to 4.8 percent for travel in general.
While analysis shows the growth of Asia in luxury travel, the report is somewhat skeptical to about continued expansion in China itself.
"One thing to note is that China’s relatively mature luxury market is set against a backdrop of tightening regulations, where the government is applying pressure to tackle corruption," reads the report. "This mea
