The luxury travel industry still yields high results with affluent consumes going on more than triple the number of trips average households take, according to a report prepared by Resonance.
Hilton-owned Waldorf Astoria Hotels & Resorts is climbing the ranks in terms of international brand awareness, despite consumers spending less time traveling, according to the Luxury Institute.
Marriott International and Starwood Hotels & Resorts Worldwide have received antitrust approval from the Chinese Ministry of Commerce, the final regulatory authorization necessary before the companies’ merger can be completed.
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German appliance maker Gaggenau is inviting consumers to explore its 333-year heritage through a multi-sensory experience.
Automakers are not sufficiently training employees to inform consumers about electric vehicles, according to a report from Sierra Club.
Luxury Daily’s live news from Aug. 15 – Condé Nast celebrates Swarovski crystals in latest title debut; Bang & Olufsen revamps TV as decor centerpiece; Krug books isolated island for music and culinary festival; Farfetch says cheers to next million after reaching consumer milestone.
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European mainstays are still the top fall and holiday travel destinations for affluent travelers, but African nations are picking up steam, according to Virtuoso travel network.
Wellness tourism is projected for an 11 percent compound annual growth rate through 2020, according to Technavio analysts.
