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Travel and hospitality

Travel sector must tout experiential offers as affluents up vacation spend, frequency

September 29, 2017

Affluent travelers spend on average $30,000 annually on vacations. Image credit: Four Seasons Seychelles, photo by @carpediemblog

 

By Jen King

The gap between the average traveler’s vacation spend and that of an affluent individual is widening, with luxury vacationers outspending the rest by more than six times the typical amount.

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  1. Luxury Unfiltered: Most luxury brands have no idea who their client actually is
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  5. Estée Lauder Cos. confirms merger talks with Puig
  6. Belmond announces summer debut of rebranded river cruiser, Marguerite
  7. Supply-demand issues in Europe prompt brands to rethink retail spaces: report
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