Members of the lesbian, gay, bisexual and transgender community take an average of four trips a year.
Thomas Roth, president of market research company Community Marketing, said a recent US study revealed members of the LGBT community take an average of one leisure trip of a minimum of four nights, and two leisure trips of between one and three nights on top of one business trip.
The 13th annual LGBT Tourism study polled 4,500 people.
The survey revealed a 19% year-on-year drop in the number of cruises taken by LGBT holidaymakers.
Roth added that, in the 12 months to the autumn, LGBT travel remained broadly flat, with 31% of those questioned saying they had travelled less as opposed to the 30% who said they had travelled more.
The respondents were all from the US market, but Roth said the UK and US market are so similar that the results are still relevant for the British travel industry.