Press Releases from Luxury Tourism (1 total)
Opportunities In Luxury Tourism: Trends In UHNWI Demographics And Leisure Intere …
Synopsis
Luxury tourism has become a fast-growing industry, as an increasing number of UHNWIs are spending wealth on vacations. In the US alone, the wealthiest 5% spend US$3,115 per person per vacation, totalling more than US$390 billion a year, according to the 2016 US Luxury Travel Report by international travel and tourism consultancy Resonance.
At the same time, there is heightened demand for experiences: rest and relaxation are not the only objective…
