Starwood to target the sophisticated market with Richest Elite traveler benefits

Starwood to win greater share from the world’s most prolific travellers Hotel Loyalty Landscape reinvetad With First-Of-Its-Kind Benefits Starwood hotel chain developed new set of benefits aimed at its elite Members, those two percent of travellers that drive 30 percent of Starwood’s profits.  Starwood Hotels & Resorts Worldwide announced new benefits that make its award … Read more

Earth-friendly luxury from Fisker Karma hybrid car

A Maserati for the upscale green set Karma, world’s first high-performance hybrid luxury sedan, was unveiled at Consumer Electronics Show in Las Vegas last week. The eye-catching Karma designed in California and built in Finland is billed as the world’s first luxury electric vehicle with range extended by a gasoline engine that, when switched on, … Read more

Bentley sales surged on the back of China and the United States, the world’s two biggest auto markets

Luxury carmaker Bentley sales surge in 2011 Bentley sales surged last year on the back of strong performances in China and the United States, the world’s two biggest auto markets.Total sales of the German-owned British luxury carmaker soared 37 percent to 7,003 vehicles last year, said Volkswagen’s upmarket British-based division in a results statement. Bentley, … Read more

Luxury menswear market growing at a rate almost double that of womenswear

The luxury menswear market has been growing at a rate almost double that of womenswear, say the recent figures from global consultants Bain & Co. The men’s luxury fashion market (40% of the global market) is growing at about 14 percent a year, while luxury womenswear is growing by a mere 8 percent. This change … Read more

Fairmont set to open five hotel projects in key international markets next year

Luxury Hotel Brand Set to Add More Than 1,300 Rooms Around the World in 2012 Fairmont Hotels & Resorts plans to open a number of new and celebrated properties in 2012. Headlining Fairmont’s robust schedule of 2012 openings, which will see the brand debut in several new global markets, are Fairmont Jaipur in India, Fairmont … Read more

China could become Club Med’s second largest market

Club Med announces the opening of 4-Trident Resort, a Club Med Resort in Guilin, China’s prime tourist destination Club Med has decided to strengthen its presence in upscale resorts in China by opening five locations between now and 2015.  Currently a Relais & Châteaux site, the second Club Med Resort in China will open in … Read more