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For this report, we undertook primary and secondary research in association with Tourism Economics, Amadeus Travel Intelligence, Connections Events, The Telegraph and various industry experts. Approaches include: analysing tourism Economics estimations of the number of outbound luxury trips from each region between 2014 and the present (using an arrival definition), and projected growth patterns until 2025. To compare the growth in overall travel with the growth in luxury travel, luxury traveller were defined as those with an annual household income of more than $350,000, and bookings arrivals order costs more than $3000 per person made by these traveller were deemed as luxury trips. Luxury travel today is defined less by thread count and Michelin stars and more by access to the people, places and experiences that represent all that is authentic about a destination. There’s no denying that comfort factors still apply and high standards of accommodation and dining will always feature on the luxury traveller’s wish list.
However, today’s luxury traveller seeks more depth of understanding and immersion into local culture than ever before. People don’t just want to see they want to participate. The sales process is also critical and whilst the online proposition can be an asset in terms of booking more simple arrangements, clients looking for luxury experiential travel require a deep level of sophisticated knowledge and confidence during the sales process.
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The Adventure Travel segment accounted for about 71.12% of the overall Luxury Safari Tourism market revenue, by tour type in 2018, as this is identified as the most popular vacation option among young and middle age group travelers. In addition, Personalized Vacations aimed at Safari, would witness the fastest growth, registering a CAGR of 8.6% during the forecast period. An increasing number of Luxury Safari Tourismers are indulging in these tours as they enable these travelers to experience the finest local delicacies and also buy some of the most exquisite handicrafts. These trips are getting popular among travelers of all age groups, especially the millennials (21 – 30 years).
Luxury Safari Tourism Market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Luxury Safari Tourism market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Luxury Safari Tourism market is segmented into Adventure Travel, Personalized Vacations, Others, etc.
Segment by Application, the Luxury Safari Tourism market is segmented into Millennial, Generation X, Baby Boomers, Others, etc.
Regional and Country-level Analysis
In 2019, the global Luxury Safari Tourism market size was US$ 1352.9 million and it is expected to reach US$ 2332.4 million by the end of 2026, with a CAGR of 8.0% during 2021-2026. With tables and figures helping analyze worldwide Luxury Safari Tourism Market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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The various contributors involved in the value chain of Luxury Safari Tourism include manufacturers, suppliers, distributors, intermediaries, and customers.
Luxury Safari Tourism Market Forecasts 2020-2026 & Explore information Globally by Leading Top Key #Companies:
– TUI Group
– Thomas Cook Group
– Abercrombie & Kent Ltd
– Micato Safaris
– Cox & Kings Ltd
– Great Plains
– Gamewatchers Safaris
– Scott Dunn
– Rothschild Safaris
– Butterfield & Robinson
Market segment by Regions/Countries, this report covers
– North America
– Southeast Asia
– Central & South America
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Major Points from Table of Contents
Charpter 1-Luxury Safari Tourism Market Overview
Charpter 2-Global Luxury Safari Tourism Competition by Players/Suppliers, Type and Application
Charpter 3-United States Luxury Safari Tourism (Volume, Value and Sales Price)
Charpter 4-China Luxury Safari Tourism (Volume, Value and Sales Price)
Charpter 5-Europe Luxury Safari Tourism (Volume, Value and Sales Price)
Charpter 6-Japan Luxury Safari Tourism (Volume, Value and Sales Price)
Charpter 7-Southeast Asia Luxury Safari Tourism (Volume, Value and Sales Price)
Charpter 8-India Luxury Safari Tourism (Volume, Value and Sales Price)
Charpter 9-Global Luxury Safari Tourism Players/Suppliers Profiles and Sales Data
Charpter 10-Luxury Safari Tourism Manufacturing Cost Analysis
Charpter 11-Industrial Chain, Sourcing Strategy and Downstream Buyers
Charpter 12-Marketing Strategy Analysis, Distributors/Traders
Charpter 13-Market Effect Factors Analysis
Charpter 14-Global Luxury Safari Tourism Market Forecast (2020-2026)
Charpter 15-Research Findings and Conclusion
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