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Home » Latest » Executive Agenda » Top 10 Fastest Growing Luxury Travel Destinations In The World: 2014 Hot List

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Top 10 Fastest Growing Luxury Travel Destinations In The World: 2014 Hot List

New Zealand has been ranked number one among the “Top 10 Fastest Growing Luxury Travel Destinations In The World,” according to Virtuoso, the international luxury travel network.  There has been 196 percent increase in spending and interest in traveling to New Zealand this year over last — out-pacing the numbers of any other country on this list.

Chile (+ 103%) was second on the list, followed by Indonesia (+ 103%) in third, Hungary (+ 86%) fourth, and Hong Kong (+ 72%) fifth.

The luxury travel network shared the top luxury travel destinations that are seeing the fastest growth. The survey based its results on input received from the world’s best travel advisors — tracked the destinations experiencing the largest year-over-year growth, based on $32 billion in client transactions. Also revealed was that Central Europe is experiencing a surge: Hungary (86%), Croatia (68%), Austria (48%), Poland (48%), and Czech Republic (23%). Russia, however, has seen a sharp decline, down 69%. Overall, travel to European countries is up by 23%.

1. New Zealand (+ 196%)

New Zealand

2. Chile (+ 103%)     

Chile

3. Indonesia (+ 103%)

Indonesia
    
4. Hungary (+ 86%)    

5. Hong Kong (+ 72%)    

6. Croatia (+ 68%)

7. Australia (+ 58%)

8. Ecuador (+ 57%)

9. Greece (+ 57%)

beach-in-Greece

10. Norway (+ 54%)

Norway

Virtuoso is a by-invitation-only organization and comprises 340 agencies with more than 8,900 elite travel specialists in 20 countries in North and South America, the Caribbean, Australia and New Zealand, as well as over 1,700 of the world’s best travel providers and premier destinations. The network’s member agencies generate over $12.5 billion annually in travel sales, making the group the most powerful in the luxury travel segment.

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Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA
Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA, is a publishing executive and economist who serves as CEO and Editor-in-Chief of CEOWORLD Magazine, one of the world's most influential and widely read business publications. He also chairs its Advisory Board, shaping the magazine’s editorial vision and global strategy.

Dr. Amarendra earned his Ph.D. in Finance and Banking from the European Global School, Paris, a Doctorate in Chartered Accountancy from the European International University, Paris, and a Doctorate in Business Administration (DBA) from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He also holds an MBA in International Relations and Affairs from the American University of Athens, Alabama.

Equal parts economist, strategist, and publishing visionary, Dr. Amarendra has built CEOWORLD Magazine into a trusted platform where CEOs, executives, and high-net-worth leaders turn for ideas that matter and insights that last.


Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA, serves on the Executive Council at CEOWORLD Magazine. Follow him on LinkedIn, Facebook, and Twitter for insights, or explore his official website to learn more about his work.