Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Ritz-Carlton Hotel has once again ranked highest in the luxury brand segment, for a third year in a row by J.D. Power and Associates in their 2012 North America Guest Satisfaction Index Study. Two of Hilton’s hotel brands received highest rankings in the Study. Hilton Garden Inn achieved the highest ranking in the “Upscale Segment” … Read more
Voted ‘Best Staff Service’ and ‘Best Airline’ in the Australia/Pacific Region at the 2012 Skytrax World Airline Awards, Virgin Australia wants to take on Qantas as the airline of choice for business-class passengers. Airline’s cabin crew will be trained in etiquette and gourmet appreciation, as all flight crew must attend a program called Elevate. It … Read more
American Airlines is the first to offer lie-flat seats on transcontinental flights across the US Beginning in 2013, American Airlines will take delivery of 130 Airbus A321 and A319 aircraft and 100 Boeing 737-800s, building the youngest fleet among major US carriers within five years. American Airlines will become also the first U.S. airline to … Read more
Hilton Wembley opened just in time for Olympics Just a few days before the start of one of the biggest sporting events in U.K. history, Hilton Hotels & Resorts opened a new landmark hotel, Hilton London Wembley. The 361-room Wembley Plaza hotel is located next to the Wembley Stadium and Arena, home to some … Read more
Rémy Cointreau to Purchase the Entire Share Capital of Bruichladdich Distillery Company Limited Rémy Cointreau Group has agreed to acquire Bruichladdich Distillery Company Limited (“Bruichladdich”), the Islay single malt Scotch whisky distiller. The transaction marks the group’s first move into the premium single malt Scotch whisky market, a category experiencing strong growth all over the world, especially … Read more
Factors to watch in the mix of consumers and luxury products Bain & Company, one of the leading advisor to the global luxury goods industry expects an average of seven to nine percent annual increases in global sales to fuel luxury brands’ growth aspirations until the middle of the decade. “Brands must develop strategies … Read more