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Affluent majority would rather spend on travel than material goods: report

Alicia Vikander for Louis Vuitton cruise 2016 ; Louis Vuitton has turned its business around in China Image courtesy of Louis Vuitton's Spirit of Travel, cruise 2016

 

Increasingly, affluent consumers are foregoing luxury goods for travel, with 80 percent choosing an experience over an item, according to a new report from Martini Media.