Luxury Daily, October 17, 2016 – Billionaire wealth has declined by $300B, say UBS and PwC
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A surprising number of luxury hotels and hospitality brands have put stock into accounts on Google+, but the effort is proving fruitless, as consumers are not interested, according to L.I.K.E. Hospitality Consulting.
Megayacht owners will soon have a new port of call in Bermuda thanks to Marinetek, a Finnish marina designer.
Ecommerce platform VeryFirstTo is giving a whole new meaning to the term “pub-crawl,” with an extreme version that takes members on an international trip.
Oberoi Hotels & Resorts is treating guests who stay in top-tier suites to the celebrity treatment with a series of amenities representative of experiences only VIPs receive.
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Pink cocktail themes are this October’s leader in breast cancer awareness hospitality initiatives, with the Ritz-Carlton and Peninsula Hotels driving charity sales with special recipes.
Breguet, Rolls-Royce and Ralph Lauren were among the first advertisers to celebrate life at its very best as lifestyle publication Robb Report commences its 40th anniversary in its October issue.
The luxury market is overly saturated with brands spending copious amounts of money on ads while competing for attention from an incredibly niche audience. In fact, this niche-spending group is one of the smallest consumer groups across all verticals.
Marriott International and Starwood Hotels & Resorts Worldwide are attempting to ease the transition of their merger for loyalty customers.