Questex's Luxury Travel Advisor today introduces the Luxury Travel Index, which offers the top trends and insights in luxury travel sales.
The Index highlights key findings from a comprehensive survey distributed to advisors whose businesses are more than 50 percent luxury sales. Notably, the majority of surveyed advisors expressed high optimism regarding the future of luxury travel. Respondents indicated robust sales performance over the past year, with a significant portion reporting sales ranging from $500,000 to $1.9 million, plus a change in the makeup of the advisor audience—a major shift to the independent contractor.
One of the standout trends revealed in the report is the increasing trend of travelers planning well in advance of their trips, underscoring a proactive approach to luxury travel arrangements. Additionally, the report identified Europe as the most sought-after region, reflecting continued strong interest in the continent among affluent travelers.
"The Luxury Travel Index provides invaluable insights into the current state and future outlook of luxury travel," said Ruthanne Terrero, Vice President and Content/Editorial Director at Luxury Travel Advisor. "We are pleased to share these findings with industry professionals and enthusiasts alike, offering a comprehensive view of market trends and consumer preferences."
The complete findings of the first quarter Luxury Travel Index are available here.
Luxury Travel Advisor will continue to survey this audience and publish the Index quarterly with the latest insights. The Luxury Travel Index is available for sponsorship and any supplier who sponsors the report will keep all advisor leads. Click here to inquire about sponsorships.
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