Luxury

This comprehensive archive offers the latest insights, trends, and developments in the luxury travel industry, tailored specifically for professionals and stakeholders in the field. Featuring in-depth analysis and updates on hotels, tours, airlines, and cruise lines, the news stories in this collection provide essential information for those seeking to stay ahead in this rapidly-evolving market.

Business Travel

The Demographic That Luxury Travel Marketers Forgot About

Given their relative wealth and amount of free time, mid-lifers — otherwise known as the youngest baby boomers and the oldest Gen Xers — don't seem to be getting the proper respect and attention from travel marketers. A new report suggests that luxury marketers that ignore this group do so at their own peril.
Business Travel

The 6 Big Trends That Are Reshaping Luxury Travel

In the luxury travel space, at a macro level, demand is growing for the accumulation of travel memories drawn from transformative moments that resonate deeply with the individual traveler’s ideal of personal fulfillment, and his or her best aspirational version of themselves.
Business Travel

Luxury Companies Create Gateway Products for Tighter Budgets

Should luxury companies introduce lower-priced offerings, or do they risk diluting their brand and/or cannibalizing business from the main brand? We look at how several high-end travel companies are approaching the challenge.
Business Travel

5 Factors That Influence Millennials’ Luxury Spending Habits

There is no one strategy to win over millennials. Brands should focus on what they offer in terms of quality and then communicate that through as many channels as possible to increase their awareness among this diverse but growing demographic.
Business Travel

Interview: Richard Bangs on the Evolution of Exclusive Experiential Travel

The term "experiential travel" is so overused these days that it's almost become cliche. But 45 years ago, Richard Bangs did experiential travel before experiential travel was cool. When he inaugurated Sobek to specialize in worldwide adventure and cultural travel, the concept was pioneering.