Wednesday, March 19, 2025 The Arabian Travel Market (ATM) is preparing for its return to the Dubai World Trade Centre from April 28 to May 1 , where it will emphasize the growing significance of the luxury tourism sector. This prestigious international trade show aims to bring together top-tier hospitality brands , influential industry figures , and innovative travel destinations , offering a comprehensive view of the evolving luxury travel landscape. The event, which showcases the latest trends and insights shaping the high-end travel segment, is expected to have significant implications for the global travel industry , especially with the increasing demand for exclusive travel experiences and luxury accommodations.
Surge in Demand for Luxury Tourism Recent research highlights that the luxury tourism industry is set to experience rapid growth, with expectations that it will reach a staggering USD 391 billion by 2028 , up from USD 239 billion in 2023 . This growth is attributed primarily to the increased number of high-net-worth individuals worldwide and a growing segment of aspiring luxury travelers who are increasingly willing to allocate a larger portion of their income to premium travel experiences . According to McKinsey and Company , the luxury tourism and hospitality sectors are expected to expand faster than any other industry.
This rise in demand aligns with data from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC) , which .
