Luxury tourism is forecast to outpace general tourism over the next five years, according to the latest DossierPlus by Statista report. In 2019, global tourism revenue amounted to US$5.9 trillion. The compound annual growth rate of tourism in general is 6.4%, while the luxury segment is expected to be fractionally higher, at 7.3%. With a global value of US$ 831 billion, luxury travel stands out as a prime revenue driver.