As sales of luxury goods soften following a pandemic-era surge, with core consumers now cutting back on their spending, luxury brands and retailers will have to work harder for growth and look for new opportunities
The average consumer seeks out the best deal possible. The premium consumer is willing to pay a little bit more for extra value ? but there is a limit where higher prices result in diminishing returns. Luxury is about a personalised one-of-a-kind experience where monetary value is priceless.
Growth in worldwide wealth vaults luxury travel to new heights resulting in an acceleration of global luxury hotel demand and increased investor interest
For our Fall 2022 Segments Edition, we looked at trending traveler profiles from The State of the American Traveler’s extensive database—including Adventurers, Wellness-Seekers, Gen Z, Visiting Friends & Relatives, and Luxury-oriented travelers. Since the latter is of particular interest to many right now, following is a summary of the latest travel behaviors and psychographics.
The data and analytics company’s latest report, ‘Luxury Travel Market Trend and Analysis of Traveller Types, Key Destinations, Challenges and Opportunities, 2022 Update’ reveals that as luxury travellers resume travelling both domestically and abroad in the aftermath of the COVID-19 pandemic, they may begin to seek experiences that are more immersive and more exceptional than in previous years.
Condé Nast Traveller Luxury Travel Fair is the first global luxury travel trade event, organized by the world's leading publishing house Condé Nast.
Jumeirah Group has become for the second time an Official Partner of the Condé Nast Traveller Luxury Travel Fair - an event dedicated to all aspects of luxury tourism. This private, one-day B2B event will take place for the third time on the 22nd of March, 2016 in one of Moscow’s most historic and iconic buildings, the Metropol Hotel.
The world’s leading travel magazine, Condé Nast Traveller, will hand pick the utmost professionals in luxury tourism for a private, one-day B2B event.
Fourth report reveals Affluents prefer luxury travel experiences over luxury goods; women are more likely to want to explore than men; and 50% more are willing to spend on leisure activities than a year ag
Your last chance to join the largest luxury b2b event in Eastern Europe. The registration is about to close on the 27.02.2015.