Trends Expert Daniel Levine Explains Why Consumers Are Prioritizing Experiences over Things

New York, NEW YORK – While consumers may continue to cut back on buying things, travel and tourism is proving itself much more resilient to challenging economic times. That according to travel expert and keynote speaker Daniel Levine, who points to the fact that global tourism has just surpassed the one-billion mark. "While consumer purchases are flat, or rising incrementally, the travel sector continues to see year-on-year growth that will continue for the foreseeable future" said Levine, a trends expert who heads up the Avant-Guide Institute, a trends consultancy in New York City.

Additionally, travelers continue to seek out new places and new experiences, which includes travel and tourism to exotic locations. Tourism is particularly strong for events, like family reunions, heritage travel and group travel.

On the high end, the fashion industry is capitalizing on the experience trend by getting into the hospitality business, offering high-end resort vacations in recognition that their younger customers are less interested in material goods.

“When the economy is in flux, people are looking for meaningful experiences that will teach them, bring them closer to others, and give them memories that will last a lifetime," said Levine, who is the also the Global Editor of WikiTrend.org, the social trends catalogue for trendsetting ideas, products and experiences.

About Daniel Levine
Daniel Levine is one of the world's best known trends experts and a professional keynote speaker with over 10 years’ experience delivering compelling presentations worldwide. He is the Director of The Avant-Guide Institute, a leading consumer trends consultancy based in New York City and the leader of an international team of Trend Spotters who track the latest ideas and experiences from around the globe. Find him on the Web at www.DanielLevine.com

About WikiTrend.org
Updated daily, WikiTrend is the home of trendsetting ideas, products and experiences for fun, insight, inspiration and profit. For thinkers, entrepreneurs, innovators and marketers, WikiTrend is a fantastic resource offering powerful insight into what global consumers are thinking and feeling. Find them on the Web at www.WikiTrend.org

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To learn more about Daniel Levine, The Avant-Guide Institute, or WikiTrend.org, contact Jeff Parrotte at jeffrey.parrotte@avantguide.com

A trends-spotting and consulting firm, headed by expert and public speaker Daniel Levine

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This release was published on openPR.