The Leisure Travel Market size was valued at USD 1491.5 Bn. in 2023 and the total Leisure Travel Market revenue is expected to grow at a CAGR of 22.72 % from 2024 to 2030, reaching nearly USD 6252.2 Bn.

Leisure Travel Market Report Scope and Research Methodology

The Leisure Travel Market Report offers a comprehensive overview of the industry, focusing on trends, growth drivers, and challenges. It examines market segments by travel type, booking channel, and region. The report employs a mixed-method approach, combining primary research through interviews and surveys with industry experts and secondary research from market reports and data sources, providing a thorough analysis of market dynamics and future outlook.

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Leisure Travel Market Dynamics

The Leisure Travel Market is influenced by rising disposable incomes, evolving consumer preferences for unique travel experiences, and advancements in travel technology. Key dynamics include the growth of digital booking platforms and shifting travel patterns. Challenges include economic uncertainties and environmental concerns, while opportunities lie in expanding into emerging destinations and offering personalized travel services.

Leisure Travel Market Regional Insight

Regional trends in the Leisure Travel Market show diverse patterns. North America and Europe lead with high travel spending and established infrastructure. The Asia-Pacific region is experiencing rapid growth due to increasing middle-class incomes and expanding tourism. Latin America and Africa are emerging markets with growing potential as travel interest and infrastructure development increase. Each region's market is shaped by local economic conditions, cultural preferences, and travel trends.

Leisure Travel Market Segmentation

By Traveller Type

Solo

Group

By Age Group

Baby Boomers

Generation X

Millennials

Generation Z

By Expenditure Type

Lodging

Transportation

Food & Beverages

Events & Entertainment

Others

By Sales Channel

Conventional Channels

Online Channels

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Leisure Travel Market Key Players

Marriott International, Inc. (USA)
Travel + Leisure Co. (USA)
Accor S.A. (France)
Expedia Group, Inc. (USA)
The Priceline Group, Inc. (USA)
Hilton Worldwide Holdings Inc. (USA)
American Express Global Business Travel (USA)
Booking Holdings Inc. (USA)
TripAdvisor, Inc. (USA)
Airbnb, Inc. (USA)
Royal Caribbean Group (USA)
Norwegian Cruise Line Holdings Ltd. (USA)
Qantas Airways Limited (Australia)
Delta Air Lines, Inc. (USA)
Lufthansa Group (Germany)
Air Canada (Canada)
Emirates Group (United Arab Emirates)
Singapore Airlines Limited (Singapore)
China Southern Airlines Co., Ltd. (China)
Carnival Corporation & plc (USA)
LATAM Airlines Group S.A. (Chile)
Japan Airlines Co., Ltd. (Japan)
ANA Holdings Inc. (Japan)

Key Offerings:

• Past Market Size and Competitive Landscape
• Market Size, Share, Size & Forecast by different segment |
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by Product
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations 

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About Stellar Market Research:

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