Survey results from Travel Leaders Group indicate that Italy will be the top destination for luxury travel over the coming 12 months, with European river cruises, the United States, Mediterranean cruises and Australia also chosen as preferred holiday options.

Iceland, New Zealand and Cuba also featured in the Travel Leaders Group Fall Luxury Travel Trends findings for 2016, identified as upward-trending destinations.

"The allure of Italy is stronger than ever," said Ninan Chacko, CEO of North American company Travel Leaders Group, "particularly with affluent travelers who are seeking authentic, enriching experiences paired with a multitude of very high-end accommodations."

TLG pointed out that affluent holidaymakers expect fine dining, private concierge-level access, spas, butler service, and a personalized or private check-in and check-out. "That's important for industry partners to recognize," said Gail Grimmett, president of Protravel International and Tzell Travel Group. Some 39 percent of the 1,145 luxury travel agents surveyed said that as a rule, luxury travel bookings were higher than they were in 2015, with 45 percent reporting an even number year-on-year.