Bitten by the luxe travel bug

India is expected to be the third fastest growing country in the world in travel and tourism demand over the next ten years, according to the Pacific AsIa Association . The growth potential along with the the 19.8 per cent increase in the number of the members living in India with financial assets of more than USD 1 million versus 6.5 per cent growth worldwide is showing its impact in this sector, according to the Total Tourism Study by the Pacific Asia Travel Association. "The market for leisure real estate continues to grow globally and should gain momentum over the next few years", says Kenneth May, Chairman and Chief Executive Officer of the Group RCI Global Vacation Network.