Global luxury brands should take advantage of evolving technological and consumer demands to help boost profits and remain competitive, according to the 2nd annual Global Powers of Luxury Goods report issued by Deloitte Touche Tohmatsu Limited (DTTL). The report provides an outlook on the global economy; an analysis of merger and acquisition activity in the … Read more
Economic weakness in key markets dims luxury sales of the top 10 most valuable global luxury brands of the year, says brand analyst company Millward Brown in its 10th Annual Brandz Top 100 Most Valuable Global Brands Ranking released this week. Of the 13 categories tracked in the BrandZ Top 100 Most Valuable Global Brands … Read more
‘Trophy’ has become the new buzz-word in luxury real estate. More properties than ever before were sold and listed for sale at US$100 million or higher in 2014, says the new study by Christie’s International Real Estate — the world’s leading luxury residential network and the real estate arm of Christie’s art house. As the … Read more
Hotel guest satisfaction has reached its highest level, according to the J.D. Power 2014 North America Hotel Guest Satisfaction Index Study. Four Seasons Hotels and Resorts, Kimpton Hotels, Hilton Garden Inn, each rank highest in guest satisfaction in their respective segments. Guests are happiest at these hotel brands. The Study is based on responses gathered … Read more
Cruise Lines International Association (CLIA), the voice and advocate of the worldwide cruise industry, is looking forward to a positive year of growth with a 2014 passenger forecast of 21.7 million worldwide guests on CLIA’s 63 member lines, according to data released in the association’s annual State of the Cruise Industry findings. To meet demand, … Read more
Emerging food preferences that may or may not take hold in restaurants across the U.S. What’s ahead for 2014? Take a look at the annual top 10 list of U.S. restaurant trends released by Technomatic foodservice research and consulting firm. How will evolve the foodservice scene in 2014? Consumers are increasingly aware that the … Read more