In regards to a study from Business of fashion insights and Altiant, over 30% of discerning high-net-worth individuals find themselves drawn to the captivating allure of branded hospitality travel experiences.
Read moreCB News: QUE CONSOMMENT LES "AFFLUENT NEW NOMADS" ?
In Stockholm, luxury and wealth industries researcher Altiant has appointed former BNP Paribas marketer Chiara Casale as Marketing & Partnership Manager.
Altiant provides large-scale quant research and samples of affluent and high net worth via a proprietary panel, LuxuryOpinions. It also offers a suite of fieldwork solutions for agencies and end brands to conduct continuous tracking and ad hoc research.
PAMBIANCONews: Vacanze di lusso? Ci pensa l’advisor
I super ricchi disdegnano il web per prenotare i loro viaggi. Si affidano invece al ‘fiuto’ dei travel consultant: si tratta di professionisti e agenzie che organizzano esperienze uniche con taglio al 100% tailor-made.
Read moreHospitalitynet: What luxury travellers want, and how to attract them
The global luxury travel market is huge, not in the number of guests with substantial buying power but the astonishing level of buying power that these luxury travelers have. The good news for hoteliers targeting those top 5% of guests is that they seem to spending more every year. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022 and is projected to be worth USD 3,023.78 billion by 2032.
Read moreJing Daily: US tourist destinations wonder: when will Chinese tourists return?
Beyond traditional destinations: With a shift in Chinese tourist preferences, US tourism officials face scramble for new wave of visitors seeking unique and shareable experiences.
From the beaches of Oahu to the bustling streets of Manhattan, American tourist hotspots now face a significant economic challenge: a sharp decline in Chinese tourists, a critical demographic known for its substantial spending power.
Read moreTTG Asia: Get ready for China’s luxury travellers
China’s outbound travel has undergone dramatic changes as a result of the pandemic, with domestic travel riding on a high wave, but a new study shows changing tides
As one of the last countries to remove pandemic-related restrictions, China’s outbound travel sentiments are closely watched. And today, with freedom returning, many affluent Chinese travellers are looking to spend more on travel in the year ahead, and to do so with a renewed need for escapism and exploration, according to ILTM’s new Buzz or Reality research, Decoding the Luxury Traveller Mindset: Spotlight China.
Read moreFOX Communications: Generational Luxury: How to Create Cultural Capital
Fox Communications has collaborated with the luxury insight specialist, Altiant, to collect quantitative data that sheds new light on how the modern High Net Worth (HNW) community differs from generation to generation. The research has been conducted over the past six months and is based on USD millionaires, with each individual manually verified by Altiant, namely those with $1m or more (or equivalent) in Investable Assets (IA).
Read moreYAHOO FINANCE: 12 Most Undervalued Hotel Stocks To Buy According To Hedge Funds
In this article, we will take a look at the 12 most undervalued hotel stocks to buy according to hedge funds. To see more such companies, go directly to 5 Most Undervalued Hotel Stocks To Buy According To Hedge Funds.
Last year was full of surprises for investors. Rising inflation, Russia’s invasion of Ukraine and the Federal Reserve rate-hike spree didn’t give investors any sigh of relief. But despite the widespread complaining about high inflation, one of the sectors that continued to show resilience was travel and tourism. Several reports show that consumers are continuing to spend on travel and entertainment despite inflation worries.
Read moreLUXURY DAILY: French luxury consumers trail other affluents in vaccine confidence
As governments around the world continue rolling out vaccination strategies, luxury consumer sentiment toward COVID-19 is beginning to shift.
While there is still considerable uncertainty regarding the global pandemic, luxury market researcher Altiant compiled findings from its Luxury Consumer Sentiment and COVID-19 survey to get a better understanding of consumer perceptions. According to the report, French luxury consumers are showing a considerable amount of skepticism toward vaccinations, compared to their U.S., U.K. and China counterparts…
Read moreTTG ASIA: Sustainable tourism a big drawcard for luxury travellers
Tourism players are being urged not to forget sustainability amid the pandemic as research reveals it remains a top priority for luxury travellers.
Speaking at the virtual ILTM World Tour Asia Pacific, Meryam Schneider, vice president of marketing and partnerships at luxury and wealth researcher ALTIANT, said the Covid-19 crisis has highlighted the importance of tackling climate change, propelling the issue to the forefront of affluent travellers’ minds.
Read moreTTG ASIA: Destinations target APAC’s super-rich for swifter rebound
Tourism players near and far are clamouring for a slice of Asia-Pacific’s ultra-wealthy pie, as the luxury market looks set to be among the first to rebound when travel resumes.
Gearing up to tap into that market, destinations are drawing up exclusive itineraries, re-packaging products and launching marketing campaigns targeting the region’s luxury travellers.
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