luxury traveler
Luxury Travel: Trends and Opportunities
Nandika Udupihilla | August 7, 2024
The global luxury travel market is booming. Not only is there an increasing spending by elite travellers to visit new places, but the preference for micro trips, escapism, and experience economy is also giving rise to the rapidly expanding tourism sector across the globe. The market is fuelled by the shifting customer behaviour of paying more for a truly memorable experience. Who is the luxury traveller? Contrary to popular belief, luxury travellers do not always mean “wealthy travellers.” For each group, luxury means a different experience. Aspiring luxury: Often millennials, they are known for being digital savvy and ...
The New Luxury Traveler: An Influential Explorer
Sonia Tatar | December 12, 2016
By Sonia Tatar and Radha Arora With the luxury hospitality industry delivering a healthy seven percent growth in 2015 and the global travel and tourism industry continuing to grow at an impressive rate—more than one billion tourists travel to an international destination every year, while tourism contributes 10 percent of global GDP and six percent of the world's total exports—we could not help but wonder if the luxury traveler still shared traits with his traditional archetype, known for being highly concerned with opulence and pampering. As CEO Worldwide of Les Roches Global Hospitality Education—one of the world's h...
