Luxury travel is quietly expanding — and it’s not just billionaires on boats. The most recent McKinsey State of Travel survey finds that 35% of luxury travelers have a net worth of less than one million dollars.

Two lounge chairs with towels and an umbrella beside a blue infinity pool overlook a turquoise ocean under a partly cloudy sky.
Forget flashy vacations — the ultra-wealthy now embrace discreet getaways that prioritize quiet luxury over extravagance. Photo credits: Depositphotos.

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