Global consumer interest in luxury hotels has increased by 7.7 % over the past twelve months. Major growth rate coming from China (+39%), whilst interest from German consumers has dropped by 9.4%, according to the 2nd Edition of The World Luxury Index Hotels issued by by Digital Luxury Group in partnership with the Chair of … Read more
World’s First and Largest Billion Dollar Yacht at v(728.4′) Much like the race to build the tallest buildings in the world, such as the Shanghai Tower at 632 meters (2073′), or the Burj Khalifa at 828 meters (2717′), super yachts will continue to expand their size depending on who needs to have the biggest and … Read more
Chinese domestic travel continues to thrive: The first Luxury Collection hotel in Dalian. A new luxury hotel in China reinforces the increasing demand for high-end hospitality. The Luxury Collection, part of Starwood Hotels & Resorts Worldwide, announced the opening of The Castle Hotel, A Luxury Collection Hotel, Dalian. The Castle Hotel marks The Luxury Collection’s first … Read more
Baccarat Crystal, the manufacturer of fine crystal glassware located in Baccarat, France, celebrates its 250th anniversary with the largest chandelier ever produced in the history of the luxury house: 8m40 in height, 4m60 in diameter, 386 lights, 152 branches, 25,000 pieces of crystal and a total weight of 1.8 tonnes. The masterpiece of light was … Read more
Gucci and Prada’s financial results are disappointing and there’s a fear that the west can’t provide what sophisticated Chinese shoppers want
Very popular destinations where you can find five-star hotels at a fraction of the cost of other larger cities While a stay at a five-star property in a major city may cost north of $500 per night, the recent Hotel Price Index (HPI) by hotels.com shows that U.S. travelers can still find luxurious values in … Read more