6 Luxury Travel Trends That Will Be Huge in 2023 (2024)

6 Luxury Travel Trends That Will Be Huge in 2023 (1)

Travel is back—if you hadn’t noticed. After two years of pandemic-related closures and limitations, luxury travelers led the industry back to levels already surpassing those of 2019, according to global travel agency network Virtuoso.“Travel sales are pacing 47 percent higher in 2023 than in 2019, and that was a highwater year for travel,” says Misty Belles, vice president of global public relations at Virtuoso. And, according to Belles, travelers are ready and willing to spend more in 2023 to discover new experiences and share them with family and friends. “Nearly three quarters of Virtuoso travelers tell us that creating a travel experience that best fits their expectations is more important than price,” she says, noting that travelers plan to increase their previous year’s spend of $20,700 per person to $27,800 in 2023. It’s an exciting world out there, from returning to the Caribbean this festive season to planning major trips to Europe, South America, Asia, and Africa in the new year. Here, according to Virtuoso travel advisors, are six of the biggest travel trends for 2023.

1

Japan, Italy, and Other Trending Destinations

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“Japan!” says Jack Ezon, founder and managing partner at New York-based Embark Beyond, when he considers 2023’s hottest destinations. “Pre-COVID it was on one of the steepest growth trajectories; now people are clamoring to return,” he says, adding that one of the world’s hottest ski destinations for 2023 is Niseko on the country’s north island of Hokkaido.

Also hot: “Italy beyond the obvious,” he says: “Look at the regions of Piedmont, Veneto, and Emilia-Romagna to pop up as the new Tuscany, fueled by great new properties like Casa di Langa.” Ezon also names Montenegro back on the hot list, thanks to the new One&Only Portonovi drawing eyes (and yachts) to this corner of the Med, Peru trending for foodies and outdoor adventurers, Tanzania topping safari destinations, and the beautiful new Kisawa Sanctuary pulling focus to Mozambique as “the post-safari retreat du jour.”

2

The Rise of Solo Travel

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When it comes to grown-up luxury travelers, the allure of going solo has never been greater. Virtuoso recently reported that among its travelers aged 65+, interest in single travel went from 4 percent in 2019 to 18 percent in 2022. And the offerings for solo explorers just get better and better, whether it’s the Solo Package (literally!) at Gili Lankanfushi in the Maldives or a regenerative weekend of yoga, sound baths, hydro therapies, spa treatments, and more at Shou Sugi Ban House in the Hamptons.

3

Private Yachts Seas the Day

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While a boat of one’s own (even if for only a week) has always been a hallmark of luxury travel, the world of private yacht excursions has never been more creative—or alluring. Cases in point: Kontiki Expeditions’ superyacht plying the Ecuador coast, and EYOS Expeditions, which offers superyacht excursions in Antarctica.

“Many people just didn’t realize it was possible to go to Antarctica via a private yacht,” says EYOS CEO Ben Lyons, “but it has travelers thinking how they can experience a destination in new ways,” including a fully customized experience and a boatload—as it were—of privacy.

For those who prefer their adventure in a glass, Belmond will debut Coquelicot, A Belmond Boat, Champagne in May 2023: a restored river barge plying the region’s waterways in partnership with Maison Ruinart, the world’s oldest Champagne house. On offer: a weeklong private charter starting at €82,000 (approximately $79,500).

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4

Embracing the Off Season

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After the pandemic travel pause, the surge in luxury travel to beloved destinations like the Amalfi Coast and Greece pushed demand into the shoulder seasons like never before, and hotels responded by opening earlier in the spring and welcoming guests often all the way to Christmas—a move that seems to be sticking.

“At first, travelers were so anxious to get back out there as soon as destinations were opening up, they were ready to go right away, even if it wasn’t the typical season for that destination,” says travel advisor Beth Washington, founder of Washington, D.C.-based travel agency Getaway Guild.

Washington points also to African safaris now stretching beyond classic seasons of winter for South Africa and July through October travel for East Africa: “Travelers can have wonderful game viewing on safari most of the year if you work with a safari specialist,” she says. If the pandemic taught us anything, Washington says, “it’s that the ability to travel is not promised, and there is no time like the present to take that dream trip rather than wait for peak season.”

5

Art Is the New Food

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Travel centered around art is poised to replace culinary travel as a leading luxury travel trend, says Jack Ezon, who points to Arles, Berlin, Havana, Paris, Milan, Miami, Mexico City, Marfa, Cape Town, and Marrakech as top destinations.

And the hotels! Airelles Le Grand Contrôle recently opened in the heart of France’s Château de Versailles and offers private tours and exclusive access to the Domaine de Trianon and the gardens. In the Scottish highlands, the Swiss gallerists Manuela and Iwan Wirth have created a stunning hotel-gallery hybrid at The Fife Arms (including more than 14,000 works including high-impact Picassos, Freuds, and Richters). In Marrakesh, Royal Mansour offers guests complimentary tickets to the stunning Musée Yves Saint Laurent Marrakech. And creative art partnerships are the new Michelin-starred chef: In Italy, Belmond has joined with acclaimed Galleria Continua to create MITICO, four garden-based art installations (including Cameroonian artist Pascale Marthine Tayou’s stunning Les Routes du Paradis at Grand Hotel Timeo on Sicily) that will return anew in 2023. “Whether it’s cities with art festivals, cities with an art scene, or art shopping trips,” sums Ezon, “art is definitely the new food.”

6

Traveling to Gather

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While solo travel is surging, particularly for the 65+ set, creative getaways for groups is top of mind at myriad luxury destinations, particularly among younger travelers (according to Virtuoso, solo travel interest among the 18-34 set dropped from 12 percent in 2019 to 6 percent in 2022).

“Beyond multi-gen trips, people are flocking around the world in groups,” says Ezon. “Groups of ladies. Groups of guys. Groups of a half dozen couples. Friends who like botany, fitness instructors bringing their fans to some remote place for fitness. Divorced ladies out for revenge. You name the affinity; people are traveling together. We are even seeing five and six families traveling together.” With a surge in villa offerings at hotels and resorts as well as private yacht charters, it’s never been more easier—or more fabulous—to gather together, the world over.

6 Luxury Travel Trends That Will Be Huge in 2023 (2024)

FAQs

What are the travel trend reports for 2023? ›

There were 86.2 million visits overseas by UK residents in 2023, compared with 71.0 million visits in 2022. When compared with pre-coronavirus (COVID-19) pandemic levels, visits abroad were still down. The number of visits in 2023 was 7% less than the peak in 2019, when there were 93.1 million visits.

What do travellers want in 2023? ›

Meaningful travel and ultra-localised itineraries

There's a desire to give back to local businesses, as well as to minimise one's footprint and immerse in the destination in respectful ways.

What is the luxury travel report for 2023? ›

83% of OutThere travellers will travel 'long-haul' in 2023. They are planning to take four international leisure trips on average this year, a volume increase of one trip as compared to last year's research. This is still below the pre-pandemic average of five trips per year.

What is the future of tourism in 2023? ›

Following a strong 2023, international tourism is well on track to return to pre-pandemic levels in 2024. According to the first UNWTO World Tourism Barometer of the year, international tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals.

What are the biggest global trends in 2023? ›

As we enter 2023, we've emerged from a global pandemic only to find ourselves immersed in a looming financial crisis, a climate crisis, a war waged by Russia on Ukraine – which is causing an energy crisis – and long-standing inequalities blooming into geopolitical crises around the world.

What are the travel changes for May 2023? ›

International Travel Vaccine Mandate Ends On May 11, 2023

This date also marks the cessation of several pandemic-era emergency measures. With the removal of the vaccine mandate for international travel, there are no longer any major tourism and business destinations in the West with a policy still in effect.

What is the quiet luxury travel trend? ›

The Rise of Quiet Luxury in Travel

This trend focuses on discrete and secluded getaways that offer exclusive, yet understated, luxury. Instead of gravitating toward traditional, glitzy destinations, affluent individuals are now favoring more secluded and discreet locales that promise tranquility and privacy.

What do Gen Z travelers want? ›

6 out of 10 Gen Z travelers look for more environmentally friendly transportation once they arrive at their destination. 26% of Gen Zers want to connect with their cultural heritage when they travel. Sustainability is key, with over half of Gen Zers (56%) preferring to stay in green or eco-friendly accommodations.

What are Europe travel trends 2023? ›

Summary. Data from European destinations shows that travel demand remains strong. Approximately two out of three countries are now reporting either a full recovery or are within 10% of pre-pandemic levels of foreign tourist arrivals and/or overnights.

What is the future of luxury in 2023? ›

Executive summary. Despite challenging macroeconomic conditions, we estimate the overall luxury market reached €1.5 trillion globally in 2023, a robust 8% to 10% growth over 2022 at current exchange rates (11% to 13% at constant exchange rates), setting a record for the industry and proving its unparalleled resilience.

What is the luxury travel market forecast? ›

The U.S. luxury travel market is expected to grow at a compound annual growth rate of 8.1% from 2024 to 2030 to reach USD 634.27 billion by 2030.

What is the cheapest month to travel 2023? ›

The cheapest months to travel are:
  • November – early December.
  • Late January – March.
Jul 15, 2023

What is the travel trend report 2023? ›

The 2023 Global Travel Trends Report1 uncovers the driving forces behind global traveler behaviors and how these factors are shaping the future of travel. Travelers want to discover lesser-known destinations and hidden gems and help support local communities.

What are travellers looking for in 2023? ›

What are travelers looking for in 2023? It's all about affordable experiences they'll remember. First and foremost, travelers are coming out more budget-friendly in 2023 than ever before. This doesn't necessarily mean that travelers aren't willing to spend, but they expect to really get that “bang” for their buck.

What is the most popular tourist destination in 2023? ›

Istanbul, Turkey was the No. 1 city for international arrivals in 2023. The city saw a whopping 20.2 million visitors in 2023 — a 26% growth from 2022 to 2023 — according to the report.

What are the busiest travel days of 2023? ›

The country's previous busiest travel date was the Sunday after Thanksgiving in 2023, with an estimated 2,908,785 screenings. A survey from AAA found more Americans plan to take a vacation over the summer than during any other season in 2024.

What is the travel agency outlook for 2023? ›

Business travel rebound continues in 2023

Most industry stakeholders surveyed (84%) report their company's business travel in 2023 has either largely (43%) or mostly (41%) recovered when compared to their 2019 levels. Domestic business travel bookings stand at 76% (up from 72% in the April 2023 GBTA poll).

What are the trends for IATA 2023? ›

Strong demand for air travel continued to propel the recovery of passenger markets in 2023. The total industry achieved a remarkable 36.9% year-on-year (YoY) growth, as traffic, measured in revenue passenger-kilometer (RPKs), reached 94.1% of 2019 levels, a significant increase from 2022 when it stood at 68.7%.

What is the current travel trend in the US? ›

Three in four travelers (74%) and hotel workers (75%) agree that Americans are prioritizing travel more this year than last. Seventy-nine percent are planning all their travels for the year “as soon as they possibly can” and estimate they'll take a total of 11 trips in 2024.

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