Luxury spending trends of the past year. Report

The beauty, fine wines and spirits, and fine food segments all grew, reflecting a redirection of luxury spending away from goods and toward personal pampering and experiences. Last 12 months, the luxury consumption shifted away from goods and toward experiences such as travel and gastronomy, which grew faster than luxury goods by at least 5 … Read more

The future of luxury hospitality isn’t greenness, it’s fitness, says report

Affluent travelers not only travel a lot, they focus on fitness much more too. Desirable luxury hotel amenities. Top 1%. Wealthy hotel guests place higher importance on hotel gyms than others, say the results of the 2016 Luxury Travel Report published by consultancy firm Resonance. The richest travelers not only travel a lot, they focus … Read more