Opportunities in Luxury Tourism: Trends in UHNWI Demographics and Leisure Interests: MarketResearchReports.Biz
Luxury tourism has become a fast-growing industry, as an increasing number of UHNWIs are spending wealth on vacations. In the US alone, the wealthiest 5% spend US$3,115 per person per vacation, totalling more than US$390 billion a year, according to the 2016 US Luxury Travel Report by international travel and tourism consultancy Resonance.
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