Travel Market Report Releases First Outlook on Luxury Report

by Travel Market Report
Travel Market Report Releases First Outlook on Luxury Report

The TMR Outlook On Luxury report provides an in-depth look at the luxury market.


Boston Consulting Group puts the luxury travel industry at over $200 billion worldwide, and while hard luxury goods (watches, jewelry, fashion) are facing strong headwinds, travel continues to grow.

Travel Market Report designed the TMR Outlook On Luxury to provide travel sellers and providers a look under the hood. Who is doing best in luxury? What do top luxury sellers do to ensure happy customers and to set themselves apart from the competition? How do clients hear about the various hotels agents book for them? What matters most in terms of recommending a specific hotel? What role does traditional media play? Are travel bloggers making an impact? How are agents using social media to gain bookings and ensure customer satisfaction? What do customers want to do on their luxury trips? What’s more important, fine dining or a good spa? In which types of luxury products are clients most interested? Which luxury clients are most interested in Airbnb? What keeps luxury travel agents awake at night?

Like TMR itself, TMR Outlook On Luxury is the voice of the travel professional. Whether you are a travel agent, a travel supplier or a member of the media, we think you will find this research insightful and helpful in your endeavors.

To view the full report, click here.

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Tip of the Day

I do think there are possibilities for traveler advisors to make money doing domestic trips. I charge a planning fee for my time and expertise, and then book commissionable hotels and activities that meet the client’s needs.

Terri Weeks

Daily Top List

Best Resorts in Montana

1. The Resort at Paws Up

2. Blue Damsel Lodge on Rock Creek

3. Triple Creek Ranch

4. The Ranch at Rock Creek

5. Rainbow Ranch Lodge

Source: The Crazy Tourist

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