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% growth in luxury travel over the next decade, compared to 4.8% for travel in general. While analysis shows the growth of Asia in luxury travel, the report is somewhat sceptical about continued expansion in China itself. Among the report's findings include:
- Business class bookings are flat in Europe.
- More North Americans are booking first-class.
- Border and long-haul luxury is on the rise.
- Luxury travel in South Asia is expected to grow the most.