With the world of luxury travel ever evolving and trends continuously shifting, latest statistics reaveal that the world’s most sought after luxury travel destinations within Europe are culture capital Italy and Germany, while the most popular travel destinations overall are the US followed by China and Mexico.
An impressive $194.6 billion was spent on international luxury travel, with over $1.130 being spent per night by luxury travelers from the UAE, India, Kuwait, Brazil, Australia, Canada and China. The largest source markets for luxury travel are the USA with 9.2 million foreign luxury trips, and China with 6.9 million, with other vital source markets including Japan, Canada and Australia.
Taking a closer look at Europe, most luxury trips are taken by the British, with 1.5 million, ahead of both the French and the Germans.
The most notable growth rate was in the number of luxury trips embarked on by Chinese tourists, followed by the USA, Canada, Taiwan, Korea and the UAE.