luxury market report india
Above An Indian family experiencing the northern lights
Have
rupees
will travel
experience
Wealthy Indian travellers are
discovering the joys of diverse
and deeper experiences,
reports Rohit Kaul
18 TTG Asia luxury | May 2018
India’s luxury travellers
are exploring a range of new
destinations and activities while on
holidays.
From expeditions in the
Antarctica, to staying in luxury
chalets in Chamonix in the French
Alps, their holiday options are vast
and experiential in nature.
“It is all about luxury
experiences,” said Karan Anand,
head, relationships, Cox & Kings.
“This can range from booking a
balcony cabin suite on a cruise
ship, to staying in a luxury chalet at
Glacier 3000 or in Chamonix in the
French Alps, where you go skiing or
take basic lessons.
“Some Indian luxury travellers
just prefer soaking in the local
culture.”
According to luxury travel
planners, the outbound luxury
market from India is expanding
at a rate of 10 per cent per annum
presently.
Said Praveen Chugh, chairman,
Business Travel: “The Indian
economy has remained buoyant
in spite of recent challenges
such as demonetisation and the
introduction of a Goods & Sales
Tax. The ultra high income group in
India is looking to spend on unique
activities and products while on
holidays.”
High-end cruise holidays are in
demand. Ultra-luxury cruise lines,
such as Regent Seven Seas which
offers exclusive suites with private
terraces and choice of multi-cuisine
meals, are getting popular among
Indian luxury tourists.
Said Aditya Tyagi, founder, Luxe
Escape: “We recorded extremely
good business last year. The
popularity of the Nordic countries
for holiday experiences like the
fjords, countryside and northern
lights was high.
“There was good demand for
luxury cruises like Silversea and
Regent Seven Seas. The seven-night
Hudson River Fall Foliage cruise