Luxury Travel Demographics at Traveling

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Luxury Travel Demographics. Unwrap the shifting behaviour and personas of today's luxury consumer. According to the luxury institute’s 2020 report, 62% of affluent consumers said they preferred making purchases in stores.

27 Luxury Retail Industry Statistics, Trends & Analysis
27 Luxury Retail Industry Statistics, Trends & Analysis from brandongaille.com

Precise figures can be hard to come by when describing the luxury market, which is variously defined as the top 2%. Our generation travel research also found that 80% of britons actively consider the environment when travelling, rising to 88% among millennials. But luxury consumer preferences are quickly changing.

27 Luxury Retail Industry Statistics, Trends & Analysis

Here’s a look at the top six trends from the report: Here’s a look at the top six trends from the report: Elegance and class, luxury travelers want to experience an elegant environment. Luxury consumer demographic data beyond income or net worth will be valuable in determining your luxury marketing focus.