Luxury travel on a budget is on the rise. (Oleg Breslavtsev/ Getty Images)

With major world events set to take place this year, travel demand is expected to skyrocket in the next few months, unveiling various travel trends.

The Olympic and Paralympic Games in France and UEFA Euro 2024 in Germany are expected to significantly boost travel numbers across Europe, boosting hotel occupancy in the region.

One of the various notable trends is the growing desire for luxury travel experiences.

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