Results for tag: "Tourism Premiumization"

Tourism Premiumization is a term used to describe the trend of travelers spending more money on higher-end experiences and services while on vacation. This includes luxury accommodations, fine dining, exclusive activities, and other high-end experiences. It is driven by the desire of travelers to have unique and memorable experiences, as well as the increasing availability of luxury services and products. The Tourism Premiumization market is a growing segment of the Travel and Tourism industry, with travelers increasingly willing to pay more for unique experiences. This trend is expected to continue as travelers become more discerning and seek out more exclusive experiences. Companies in the Tourism Premiumization market include luxury hotel chains such as Four Seasons and Ritz-Carlton, high-end tour operators such as Abercrombie & Kent and A&K Luxury Travel, and exclusive activity providers such as heli-skiing and private yacht charters. Show Less Read more