The Skift New Luxury newsletter is our weekly newsletter focused on the business of selling luxury travel, the people and companies creating and selling experiences, emerging trends, and the changing consumer habits around the sector.
InterContinental Hotels Group CEO Keith Barr is making good on the promise he made to expand the company’s luxury footprint.
After taking a 51 percent stake in Regent Hotels last year, the company is now adding Six Senses to its formidable lineup.
In a lot of ways it makes sense. It gives IHG a greater footprint in Asia, while also helping the company up its wellness game.
Will this be the end of the spending spree, or will IHG look to splash some more cash?
— Patrick Whyte, Europe Editor
5 Looks at Luxury
InterContinental Hotels Makes Asia Luxury Push With Six Senses Acquisition: InterContinental Hotel Group’s purchase of Six Senses Hotels Resorts Spas is consistent with its drive to boost its luxury portfolio with small yet well-defined brands that do not cannibalize one another. So smart.
Why Aren’t Visitors Splurging in Crazy Rich Singapore? Singapore grapples with affordability, as seen in drops in shopping, dining, and hotel spending by tourists, who are also staying a shorter time. Going for more high-yield tourists and giving them the value they’d expect from paying high prices is the solution, and Singapore must do it fast. Here’s why.
Intelligentsia Coffee Expands New York Presence With Another Hotel Outpost: Today’s new luxury hotels are on the hunt to fill their F&B spaces with trendsetting partners. That’s why the owner of the soon-to-be TWA Hotel at JFK is looking to the Midwest to satisfy a caffeine craving.
Advisors Tap Into the Changing Consumer Behavior of Boomer Travelers: Despite all the marketing interest in reaching millennials, it may be the baby boomer generation that is the most likely business source for travel advisors. It’s a high-spending demographic that values interaction with those they can trust.
Switzerland’s ‘Magic’ Ski Pass Is Safe for Another Year: The Magic Mountain Cooperation cut a temporary deal with Crans Montana, after the famous ski resort complained of overtourism. But there is no guarantee Crans Montana will stick around after a year is up.