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Doug Gollan

High net worth travellers are balking at increased prices and lower service

Luxury travel and hospitality providers are facing growing resistance to higher prices; however, it’s not clear whether high-net-worth customers are curtailing their spending. A survey of travel consultants who specialize in high-end travel found “most advisors are reporting healthy revenues, strong forward bookings, and continued appetite from high-net-worth clients. But underneath that rosy picture are […]

  • By Doug Gollan

Inside some of 2024’s newest, most expensive luxury vacations (think $1 million a day)

The price of typical luxury hotels and resorts is reaching eye-watering heights. Travel agency group Internova reports that the average hotel rate its clients are paying across Italy is $1,936 per night. That’s a bargain compared to Turks & Caicos, which is $4,838. Matthew Upchurch, CEO of Virtuoso, a consortium of luxury-focused travel agencies that expects to report […]

  • By Doug Gollan
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