Articles tagged “euromonitor”

Luxury

What Luxury Travel Looks Like in 2020

Change is constant and continuous. That’s why a listing of the new trends that will be impacting luxury travel during 2020 must, in addition to peering into the future, include a look back in time.

What Luxury Travel Looks Like in 2020

Hotels

Why Short-Term Rentals Are Mainstream and Booming

We are witnessing an evolution as more traditional hotel companies add alternative accommodations — and homesharing companies such as Airbnb add hotels. This piece gives a good summary of the ways short-term rentals are changing and continuing to grow.

Why Short-Term Rentals Are Mainstream and Booming

Online Travel

Travel Companies Face a Trust Deficit Unless They Reset Use of Customer Data

An established order can only endure if it can take in outsiders. Rome fell to the barbarians, while the British upper class has assimilated celebrities and immigrants. Travel sellers like Google and TUI must absorb new technologies like blockchain or else they will die.

Travel Companies Face a Trust Deficit Unless They Reset Use of Customer Data

Online Travel

Brands Must Rethink Engagement With the New Digitally Connected Traveler

Widespread digital connectivity has created a generation of travelers who are more impatient, demanding, and savvy than ever before. Travel brands must adapt to meet those needs.

Brands Must Rethink Engagement With the New Digitally Connected Traveler

Tourism

Hong Kong Is Top City for International Visitors Despite China Tensions

Hong Kong has the benefit of being located next to mainland China, the world's largest outbound travel market. But Greece and Italy, benefiting from turmoil in Tunisia and Egypt, are among the more interesting findings, especially since Greece and Italy were already having trouble managing tourism growth.

Hong Kong Is Top City for International Visitors Despite China Tensions

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.

The Demographic That Luxury Travel Marketers Forgot About

Business Travel

Artificial Intelligence’s Unrecognized Potential for Luxury Travel Brands

It’s clear that there are ways in which luxury brands can differentiate their customer experience using artificial intelligence, but it will require a sophistication that is still unseen in the travel industry.

Artificial Intelligence’s Unrecognized Potential for Luxury Travel Brands

Business Travel

Automation Is Poised to Further Disrupt Business Travel

The forces disrupting business travel today are varied, but industry leaders should keep one thing in mind: The needs of travelers must stay a top priority.

Automation Is Poised to Further Disrupt Business Travel

Business Travel

How Luxury Hotels Can Adapt to a Rising and Wealthier Middle Class

New luxury consumers need to come from somewhere, and a slightly more wealthy middle class can provide an entry point for brands.

How Luxury Hotels Can Adapt to a Rising and Wealthier Middle Class

Business Travel

Luxury Travel Spending From Emerging Markets Will Slow in Coming Years

The luxury market is leaning heavily on emerging markets' growing incomes and aspirational lifestyles, so it must be prepared to weather changes in this demand by keeping personalization and authenticity at the forefront.

Luxury Travel Spending From Emerging Markets Will Slow in Coming Years