Travel brands should market to millennials, showcase staycations: Euromonitor
As the travel industry remains continuously affected by COVID-19 developments, hospitality brands are adapting to what will attract consumers in the short term.
As the travel industry remains continuously affected by COVID-19 developments, hospitality brands are adapting to what will attract consumers in the short term.
COVID-19 accelerated the adoption of connective tech tools in retail, with about three in 10 consumers using augmented reality or virtual reality when shopping for apparel, furniture or other household goods.
While travel has not returned to the historic levels of 2019, countries hoping to welcome larger crowds of tourists should prioritize sustainability efforts, according to a new report.
The global pandemic has accelerated new habits, completely shifting how consumers will behave, spend and consume in 2021, according to a new report.
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Travel and tourism experienced an existential crisis in 2020 due to COVID-19 and hospitality brands have turned to innovation through multiple forms as digitalization and sustainability rapidly accelerate.
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Luxury Daily’s live news: Post-work shopping may suffer once stores reopen with fewer office-goers; Bentley’s Bentayga SUV crosses milestone with production of 20,000th vehicle; 6 ways how consumer goods and services will transform post-pandemic; LVMH admits discussing impact of pandemic on Tiffany, but not buying shares on open market.
Luxury Daily’s live news: Post-work shopping may suffer once stores reopen with fewer office-goers; Bentley’s Bentayga SUV crosses milestone with production of 20,000th vehicle; 6 ways how consumer goods and services will transform post-pandemic; LVMH admits discussing impact of pandemic on Tiffany, but not buying shares on open market.
Luxury shopping behavior, channel dynamics and travel plans are seeing inevitable shifts as a result of the lockdown, all contributing to the pandemic’s monumental economic and emotional impact on the luxury market.