Unpacking the Strength of the Luxury Travel Market

Luxury Beat
Our latest survey results reveal how the wealthy feel about the economy, service, and their next vacation. In early August, I reported on the results of a survey of wealthy U.S. consumers I conducted in partnership with Chandler Mount and his Affluent Consumer Research Company. Among our key findings: Demand for luxury travel was taking off, consumers were splashing out for bigger and further-flung trips, and younger folks use a different set of yardsticks to gauge their satisfaction with a travel brand. Since then, ACRC has been fielding the survey on a continuous basis, asking the respondents — U.S. adults earning $200,000 or more in household income and residing in affluent-dense neighborhoods — for their thoughts about spending, travel, service, and more. That lets us track how their outlooks are changing…
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The State of Golf Travel Today

The State of Golf Travel Today

Luxury Beat
The pulsating thrill of U.S. and European sports competition, the promise of unrivaled golf play and, of course, spectacular greens and fairways that inspire some of the greatest swings around – this is the embodiment of the 40th Ryder Cup, which tees off on the PGA Centenary course at The Gleneagles Hotel in Scotland this week. As the New York Times said this past weekend, “The Ryder Cup remains… one of the consistently best competitions in international sport.” With one of the most watched sports events in the world ready to launch, I started thinking about the state of golf travel today – trends, emerging destinations and the like. So I reached out to various friends and experts in the industry to get their perspectives, and their feedback proved to…
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