Luxury travel is growing by leaps and bounds. As more people around the world enter into
the aspirational middle class demographic, and as the number of high-net-worth individuals continues to grow, there is increasing demand for new tourism products, in terms of destinations, flights, and hotel rooms.
When we ponder where luxury is going, we’re speaking both in literal and figurative terms. This report looks at how destinations become the next big thing in luxury travel, how the market has changed during the past ten years, how China’s luxury market is impacting the sector, and how the hospitality industry is keeping up with changing expectations. The report will also examine luxury in terms of the evolving high-end customer and provide insights from industry leaders about the key indicators that determine where luxury is going next.