Experiences over shiny things: The trend for luxury travel continues

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Affluent individuals continue to show preferences to experiences over ‘things’ and their dollars to flow to the luxury travel category. A recent Virtuoso® survey of luxury travel providers showed a whopping 41% increase over last year for ‘expedition’ type experiences … Read More

Khalil El-Mouelhy updates us on the luxury travel market and the Seven Stars Luxury Hospitality and Lifestyle Awards

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It has been another banner year for the luxury travel market. As more affluent indiviudals shift their spending to experiences versus goods, luxury travel providers are seeing high demand for their services all over the globe. As China sees a … Read More

Affluent majority would rather spend on travel than material goods: report

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Increasingly, affluent consumers are foregoing luxury goods for travel, with 80 percent choosing an experience over an item, according to a new report from Martini Media. “The Martini Report, Volume 4: The Affluent Traveler” found that even from the year-ago, … Read More

Top 10 foreign travel destinations for Chinese in 2015

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In the fourth edition of the Chinese International Travel Monitor report by Hotels.com, analysts looked at the travel habits and trends from the biggest travel market in the world, based on the survey results of 3,000 Chinese international globetrotters. The … Read More

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