Tuesday, November 17, 2009

Luxury Operators Predict Upturn

Luxury travel companies are predicting an upturn in business next year – but expect to deal with a markedly different customer, according to a report by Carlton Leisure (UK) Ltd.

Internet-savvy deal hunters who will not stint on cost but do demand value for money will be the norm in 2010, the report, released at this year’s Abta Travel Convention stated.

It also found that luxury tour operators have managed to maintain margins and market share despite the economic downturn.

“The vast majority of businesses expect trading conditions to improve in 2010.

“Luxury is chartering a new course through these turbulent trading times with a resourceful and deal savvy consumer requiring value for money.

“Despite being a big ticket item - this consumer preference has partially insulated luxury travel operators from the discretionary spend cull felt elsewhere in the market.”

In a survey of more than 7,000 luxury club members when asked what items they would cut back on during the recession, only 18% cited their main holiday, which fell ninth in the selection behind designer labels, electronics, and restaurant meals.

And only a fifth of respondents said they would downgrade to a cheaper destination despite the squeeze on their investments.

In a similar survey, polling all demographics, 41% said they would cut back on holidays and weekends away first. Holidays came second only to dining and nights out.


“The high net worth individuals and ABs are not moving to packaging or changing length of stay, but they are utilising the internet to scour the landscape for the right deal and right location at the right price.

“While some of these changes may be temporary the ‘buying clever’ trend is here to stay,” he added.

“To make it to the finish line, luxury travel businesses need to improve and develop their online presence and increase their portfolio of products in 2010,” he stated.

Travel Sure

3 comments:

  1. At Ghana flight we are in a process of serving thousands of clients every year and having a good number of satisfied customers who are getting great Ghana flight deals as far as their travelling needs are concerned on cheap flights to Ghana for spending their holidays with their loved ones across the continent of Africa. Ghanaflight.co.uk is one of the best resources to encounter travelling needs our returning Ghana flight customers who are well aware of this fact hence are attached with us for since a long time and are getting best cheap flights to Ghana. With Ghana flight you will find better options either on economy Ghana flight, business Ghana flight, cheap Ghana flight, direct Ghana flight, last minute Ghana flight etc either its summer holidays, group traveling or last minute Ghana flights our specialized team is always here to help you out by offering the best cheap fights to Ghana or Africa so you can bargain your trips on Ghana flights while going to any part in Africa especially South Africa at your own ease and comfort you can also find last minute Ghana flight are also available on http://ghanaflight.co.uk/

    At Ghana flight we specialize in the Economy, Business, and Direct Ghana flight deals we guarantee that we will meet or beat any price on the cheap flights to Ghana. Give us a try!

    For further information please log in to http://ghanaflight.co.uk/

    ReplyDelete
  2. Cheap flights to Lagos, last minute Lagos flight, air reservation and group travel bookings for Lagos flight is very simple and easy now, apart from this you can also have economy Lagos flight, business Lagos flight, direct Lagos flight, last minute Lagos flight and the best cheap flights to Lagos you can contact Lagos flight any time and can easily get the best ever cheap flights to Lagos. You can as well bargain your trips to Lagos or anywhere in Africa, South Africa and especially on Lagos flight. Call Lagos flight now and get especial discounts as far as cheap flights to Lagos are concerned at Lagos flight, we provide you the facility of cheap travelling either on business Lagos flights, direct Lagos flights or economy Lagos flights and last minute Lagos flight. Get your instant bookings on a single phone call lines are open at 0207 993 2090.

    At Lagos flight we specialize in the Economy, Business, and Direct Lagos flight deals we guarantee that we will meet or beat any price on the cheap flights to Lagos. Give us a try!

    For further information please log in to http://lagosflight.co.uk/

    ReplyDelete
  3. hey thanks its really helps me to find nice and precious info

    Cheap Flights To Lagos Nigeria

    ReplyDelete