Taking the Pulse of the Luxury Travel Consumer

Luxury Beat
Despite economic headwinds and geopolitical instability, luxury consumers will continue to travel Remember what the travel industry looked like one year ago? Travelers were hitting the road in droves, spending their ballooning savings, and satisfying their long-suppressed desire to travel. A new variant of COVID was spreading rapidly. And labor shortages among travel suppliers were causing disruption and dissatisfaction with how service was being delivered. Sounds a lot like Summer 2022, doesn’t it? Of course, there are many differences between what’s happening right now and a year ago. Many of those differences are clear from the results of a survey I just completed in partnership with Affluent Consumer Research Company, headed by Chandler Mount. As we did one year ago, Chandler and I surveyed affluent U.S. consumers on their sentiments and plans for…
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