White Paper | Selective Indulgence: The Changing Market for Premium Travel

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November 2017
L.E.K. Consulting


Not long ago “traveling in style” simply meant first-class transportation, plush accommodations, and dining nightly at five-star restaurants. It was an aspiration that few could ever hope to achieve. But according to the L.E.K. 2017 Luxury Travel Study — a survey of nearly two thousand U.S. travelers — that has begun to change.

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The Key To America's New Elite

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view.iltm.com
By Elizabeth Currid Halkett
2017


In the 1980s fast cars and ostentatious watches communicated social clout. Today, there is a new elite in town and they are more likely to reveal their status through organic heirloom tomatoes purchased from the farmers’ market, memberships to public radio, and violin lessons for their children. While many of these elites will be well-off (some even rich), the consumption choices they make are embedded in cultural acquisition and experiential consumption.

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IBTM Trends Watch Report Paints Positive Picture Of A Resilient Meetings And Events Industry In 2018

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November 2017

IBTM’s annual IBTM Trends Watch report has predicted a bright year ahead for the meetings and events industry, thanks to a renewed resilience and confidence driven by the past few years of economic and geopolitical instability.

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European Hotel Investment Surpasses EUR14 Billion On The Year To Date

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November 2017
cbrehotels.com


UK and Spain Hotel Investment Markets Show Strong Growth. Total European hotel investment volumes increased by 33% year-on-year, for the third quarter (Q3) of 2017. This contributed to a 16% year-on-year increase on the year- to- date, with hotel transaction volumes exceeding €14 billion, according to the latest data from global real estate advisor, CBRE.

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European Hotel Industry Performance in 2017

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28/11/2017

The latest January-September edition of the quarterly ECM-MKG Destinations Observatory report reveals a growth in hotel industry throughout Europe, especially in the Iberian Peninsula, UK and Eastern Europe.

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