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THE CORMORANT AT 55 SOUTH: SILVERSEA UNVEILS ALL PUBLIC SPACES OF HIGHLY ANTICIPATED SOUTHERNMOST HOTEL
Prnewswire· 2026-02-26 15:49
for embarkation. Upon return, guests will again stay overnight at the hotel before flying back to Santiago.Guests will also have the opportunity to explore the natural beauty of Puerto Williams through activities such as nature walks, hiking, kayaking, and wildlife watching, further enriching their expedition experience. The hotel will operate seasonally from October to March, with dedicated staff trained in The Silversea Way, which reflects Silversea's philosophy of personalized service, destination expert ...
X @Bloomberg
Bloomberg· 2026-02-06 13:04
Westbrook Partners is selling Ritz-Carlton hotels in New York and Washington, as affluent consumers demonstrate continued willingness to pay up for luxury travel https://t.co/oM1EhyWC2j ...
Luxury Travelers Prioritize Exclusivity Over Extravagance, Plan Higher Spend in 2026, Flywire Survey Reveals
Globenewswire· 2026-01-27 14:00
Core Insights - Luxury travelers are increasingly prioritizing personalized and authentic experiences over traditional luxury markers, with 79% planning to increase their travel budgets in 2026 compared to 2025 [1][14] - The report highlights a significant shift in traveler preferences, emphasizing the need for travel providers to offer seamless, personalized experiences to capture market share [2][3] Spending Trends - Nearly 80% of luxury travelers intend to spend more in 2026, with 24% expecting to spend significantly more, indicating strong confidence in travel among affluent consumers [14] - The frequency of travel is rising, with 85% of respondents taking at least three trips in 2025, and 36% taking five or more vacations, a 38% increase from the previous year [9] Booking Behavior - Luxury travelers are booking trips with shorter lead times, with 61% making reservations one to three months in advance, reflecting a trend towards spontaneity [10] - Discounts are a key factor in encouraging prepayments, with nearly 30% willing to commit to non-refundable rates for a 10% discount, increasing to 60% for a 20% discount [6] Experience Preferences - Authenticity and exclusivity are central to luxury travel, with 93% of travelers agreeing that luxury is more about access to unique experiences than exclusive accommodations [4] - Wellness and rejuvenation are top priorities, with 97% likely to take trips focused on reducing stress, and 44% interested in nature-based retreats [7][8] Role of Travel Advisors - Travel advisors are viewed as essential for creating personalized experiences, with 97% of luxury travelers believing they are the best way to achieve bespoke travel [5] - The expertise of travel advisors is crucial for providing exclusive access and insider knowledge that enhances the luxury travel experience [5] Payment Experience - A seamless payment experience is critical for brand loyalty, with 91% of travelers more loyal to providers offering easy payment options [11] - Concerns about payment security are prevalent, with 71% of travelers worried about security across their trips, highlighting a gap in provider performance [12] - Preferred payment methods include credit cards (70%) and digital wallets (27%), indicating the need for providers to offer diverse payment options [13]
X @Forbes
Forbes· 2025-12-23 19:15
From waterfront fireworks in Dubai to “intergalactic” parties in the Swiss Alps, these world-class destinations offer the most opulent ways to ring in 2026. https://t.co/dfU9NLsaUR ...
X @Forbes
Forbes· 2025-12-23 04:00
Traveling like a VIP doesn't necessarily require a private jet. But next year, you might need a time machine, according to the luxury travel advisors at Embark Beyond. https://t.co/VZwvAfiYwG (Photo: Getty Images) https://t.co/nc2WYhWCQ3 ...
Inspirato Adds Iconic Destinations to Its Global Portfolio
Globenewswire· 2025-11-20 14:00
Core Insights - Inspirato has announced the addition of several new luxury properties to its global portfolio, enhancing its offerings in Italy, Austria, and Germany [1][9] - The new properties emphasize unique accommodations combined with high-quality service, reinforcing Inspirato's commitment to providing meaningful travel experiences [9] Property Additions - Villa Sassella in Lake Como, Italy, features stunning lake and mountain views, a private pool, and easy access to lakeside towns [3] - Rocco Forte Villa Igea in Palermo, Italy, is a historic seaside palazzo with views of the Tyrrhenian Sea and elegant Art Nouveau interiors [4] - Rocco Forte House Roma in Rome, Italy, consists of five private residences that blend 18th-century architecture with modern design [5] - Rocco Forte House Milan in Milan, Italy, offers sophisticated apartments with frescoed ceilings and a tranquil courtyard [6] - Rosewood Munich in Munich, Germany, is set in two restored historic buildings and includes a wellness spa and Alpine-inspired dining [7] - Rosewood Schloss Fuschl in Salzburg, Austria, is a 15th-century lakeside castle transformed into a serene retreat with a destination spa [8] - Almanac Palais Vienna in Vienna, Austria, features restored palaces with contemporary design and proximity to cultural landmarks [9] Strategic Partnerships - The expansion of Inspirato's portfolio strengthens its partnerships with renowned luxury brands such as Rosewood, Rocco Forte, and Almanac Hotels [9] - Each new property reflects the hallmark standards of Inspirato, including iconic design, exceptional service, and immersive local experiences [9]
X @Forbes
Forbes· 2025-11-14 16:00
Check out this week’s Passport newsletter, featuring the Forbes Travel Guide's best new hotels of 2026, boutique airlines, Hawaiian villas, luxury ski chalets and more. https://t.co/WU6LsCq6Zt ...
Hyatt CEO Mark Hoplamazian: Expect to close on the Playa real estate deal by the end of the year
Youtube· 2025-11-06 17:23
Core Insights - The company has reported strong Q3 results, leading to a positive market reaction with shares rising [1] - An expanded partnership with Chase is expected to significantly enhance earnings, with projections indicating an increase from approximately $50 million to over $100 million annually over the next two years [8] Group Business Outlook - October bookings for group business are up 15% year-over-year, indicating robust demand [4] - The outlook for group business in 2026 is strong, with luxury leisure being the strongest segment [5] Consumer Trends - The company has a high-end customer base, with luxury and lifestyle segments making up 40% of the total portfolio [7] - The loyalty program has been growing at a compounded rate of 30% since 2017, reflecting strong customer engagement [7] Financial Transactions - The company has executed over $8 billion in property transactions over the last seven years, indicating a strong track record in asset management [10] - The ongoing PIA transaction is expected to close by the end of the year, with no concerns regarding antitrust approval [12]
X @Investopedia
Investopedia· 2025-10-27 00:00
Certain airlines take the top spots for travelers looking for the most luxurious travel experiences with their exquisite cabins, lie-flat beds, dining options, amenities, and other services. https://t.co/5zMoz6SRhF ...
Inspirato Elevates Travel Experiences with Strategic Property Enhancements
Globenewswire· 2025-10-23 13:00
Core Insights - Inspirato Incorporated has completed a series of property enhancements aimed at improving member satisfaction, increasing occupancy, and reinforcing its brand as a leader in luxury travel [1][6] Property Enhancements - Significant updates have been made to various properties, including: - Lake Tahoe: Sawtooth condo received a modern design update [4] - San Diego: Shorebreak home underwent a full refresh with new furnishings [5] - Santa Barbara: Poppy residence was redesigned with new lighting and finishes [5] - Newport Beach: Admiral and Bayside homes enhanced with updated living areas [5] - Aspen: Copper Gulch condo improvements completed to elevate luxury [10] - Big Sky & Deer Valley: Ongoing enhancements expected to be completed soon [10] Strategic Focus - The company emphasizes its commitment to excellence in service and property quality, aiming for a best-in-class portfolio to support growth in membership and utilization [6][7] - Future refresh opportunities are being explored in various destinations including Hawaii, Hilton Head Island, and Tuscany [6] Brand Positioning - Inspirato's operational initiatives are designed to enhance consistency and quality, aligning with the luxury expectations of its members, which supports long-term revenue growth [7]