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Hotel & Tourism SMARTreport #40

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ELITE TRAVEL TRENDS<br />

<strong>Hotel</strong> & <strong>Tourism</strong><br />

<strong>SMARTreport</strong> <strong>#40</strong><br />

2018 Autumn Edition 15<br />

© Ralf Roletschek – Roletschek.at<br />

WHEN GOOD ADVICE<br />

IS ESSENTIAL<br />

This year, the term “travel<br />

agent” is definitely becoming<br />

old hat, as an increasing number<br />

of industry professionals become<br />

“travel advisors”. The difference<br />

is evident. While one is just a<br />

button pusher, the other is a<br />

valued and trusted counsellor.<br />

Thus, ASTA now officially<br />

becomes the American Society<br />

of Travel Advisors.<br />

In the luxury market, this concept<br />

of being a trusted mentor or<br />

advisor for people whose time<br />

is worth a fortune and who<br />

need to trust someone to plan<br />

that time in the most efficient<br />

manner possible is today quite<br />

essential.<br />

“Getting the best” is also<br />

somewhat addictive it seems, as<br />

86% of people surveyed recently<br />

by YouGov (study published by<br />

Virtuoso) said they were willing<br />

to pay full price if it meant<br />

getting the best in service, and<br />

73% agreed that once one has<br />

experienced true luxury, it is hard<br />

to scale back. 61% of those<br />

surveyed said they expected to<br />

spend more on luxury this year,<br />

and even more – 71% – said<br />

they expected to spend more on<br />

luxury travel.<br />

In the next pages, you’ll discover<br />

the latest news from the “elite<br />

travel” segment.<br />

Blue Lagoon, Iceland

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