Top Luxury Hotels Thrive Despite Global Travel Drop

Posted on September 23, 2016

Photo via Pixabay user Mariamichelle
Photo via Pixabay user Mariamichelle
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.

JW Marriott, InterContinental, Four Seasons, Grand Hyatt and The Ritz-Carlton have maintained their places as the most visited hotel brands, reported last year and this year in the LBSI Global Hotel study. However, affluent consumers are cutting down on hotel stays with modest decrease in number of nights stayed.

Luxury Daily article here

Related Topics: business travel, client markets, corporate travel, leisure travel, luxury hotels, luxury market trends, research and trends, Ritz-Carlton, wealthy clients, working with hotels

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