Hong Kong

Travelers are on a hunt to “collect countries.” Where the affluent will be venturing for the remainder of 2014

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The most popular emerging destinations for the world’s most affluent travelers. The buying habits and motivations of upscale travelers. New Zealand, Chile, Indonesia, Hungary, Hong Kong and Croatia are on the wealthy traveler’s radar this year more than in 2013, according to a newly released report by luxury travel network Virtuoso. Perennial favorites France, Italy, and … Read more

Luxury real estate sales surged around the world.

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Trends shaping the luxury real estate market globally. Christie’s International Real Estate report. With more millionaires and billionaires in the world than ever before, pent-up demand and increasing consumer confidence, luxury real estate sales surged in 2013 around the world, according to a recent report by Christie’s International Real Estate, the real estate arm of … Read more

Super rich shift their thrills from luxury goods to costly experiences

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Gourmet dining, private flights, bespoke safaris, slimming clinics and art auctions emerging as top status symbols

The average spending of China’s high net worth individuals decreased by 15%

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  Hurun Report releases Chinese Luxury Consumer Survey 2014 and Hurun Best of the Best Awards 2014. According to Hurun Report Chinese Luxury Consumer Survey 2014, the average spending of China’s high net worth individuals has decreased by 15%, with spending on gift giving down by a dramatic 25%. HNWIs are busier than ever. They … Read more

Russia is now the world’s second-fastest outgoing travel market in spending

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Russia has become a top performing growth travel market for many destinations and international outbound travel is forecast to grow by 7.5 per cent per year on average to 2017, according to a new survey released by online booking site Hotels.com, which published the Russian International Travel Monitor (RITM). Almost half (49 per cent) of … Read more

Mandarin Oriental’s 50th anniversary gala

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Mandarin Oriental celebrates 50 years.    Luxury hotel chain Mandarin Oriental celebrated the 50th anniversary of its flagship Hong Kong property with a glamorous gala party. To celebrate 50 years, Mandarin Oriental, Hong Kong welcomed over 800 celebrities, dignitaries and society guests from Hong Kong and around the world. Celebrities and VIPs included Mandarin Oriental fans Dame Helen … Read more