China’s young luxury travelers go abroad every 3-4 months, mainly for leisure, spending RMB 420,000 (US$65,000) on tourism per year and RMB 220,000 (US$34,000) on travel shopping.
Cultural immersion, emotional connection and place identity define “the new luxury” in travel
Inaugural Luxury Insights Report from Fairmont reveals global trend in travellers seeking emotional connection to historic and iconic hotel destinations.
Human trafficking in the hospitality sector: awareness survey
Responsible professionals in the sector need to take action to combat trafficking to protect their business and reputation, that of the industry and all relevant stakeholders.
Research reveals growing ”Seekender” travel trend
Those who take regular short-breaks and choose experiences over material wealth hold the key to happy holidaying according to health experts.
Hostel industry generating an average of €200 per bed per year in ancillary revenue
New report examines the results of a survey of youth travel accommodation (YTA) providers about their ancillary revenue sources.
EB-5 financing for hotel development has potential for fraud: Cornell Study
A federal program that encourages foreign residents to invest in U.S. projects can create distortions in the hotel development cycle, according to a study published by the Center for Hospitality Research.
