Published on : Monday, December 21, 2015
Luxury travel has entered a new phase, in which conspicuous consumption is giving way to more meaningful and authentic travel experiences, and to an increase in the number of luxury travel companies converting to mobile technology, as a means of boosting the luxury cachet. Whilst sales in luxury hotels are being led by key developed markets like the US, an increase in international luxury travel is expected in emerging markets, mainly driven by booming demand from the expanding middle class.
Euromonitor International’s Global Luxury Travel Trends Report global briefing offers an insight into the size and shape of the luxury goods industry, highlights buzz topics, emerging trends as well as pressing industry issues, their effects on luxury goods retailing in markets around the world and on the development of consumers’ shopping patterns. Forecasts illustrate how the market is set to change and criteria for success. In short, it identifies the opportunity zones within luxury goods industry
Product coverage: Designer Apparel and Footwear , Fine Wines/Champagne and Spirits, Luxury Accessories, Luxury Electronic Gadgets, Luxury Jewellery and Timepieces, Luxury Leather Goods, Luxury Writing Instruments and Stationery, Super Premium Beauty and Personal Care.