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Affluent travellers say they want exclusive experiences

And they see hotels as trusted travel partners

Hotels are considered an important part of the travel experience, and are often perceived by travellers as being pillars of the community, connecting guests - whether from abroad or locally - to the true character of the destination, according to the second edition of the Luxury Insights Report from Fairmont Hotels & Resorts.

Luxury travelers view the role of a hotel beyond curating authentic local experiences. It is the combination of destination expertise and recreating the comforts of home that creates this trusted relationship and positions the most desirable hotels in the world at the very heart of the travel experience.

The study reveals that guests look to luxury hotels as a key aspect of their travel experience. The influence of hotels goes beyond the traditional expectation of having a place to sleep at night, with guests looking to hotels to provide immersive experiences that are sustainably viable and meet the needs of their entire family.

Among the key highlights from the report:

"Today's luxury traveler - although not at home - does not want to sacrifice the comforts of home," explained Blake Morgan, Customer Experience Futurist. "The millennial customer values access over ownership. They crave authentic experiences they can share with their friends and curate the narrative of their digital lives."

"Multigenerational travel continues to grow as families today are busier and living further away from each other. Travel has become the best way to spend quality time together," added Keith Baron, President, Abercrombie & Kent USA. "The very definition of luxury is changing. It is much more about the luxury of experience, rather than just thread count. It's no longer only about having the top suite in a hotel, flying first-class or dining at a Michelin-starred restaurant. It is increasingly about privacy, exclusivity and customisation. Today's most compelling luxury hotels embody the character of a destination through their history and style, combining distinctive architecture with expressive decor and artistry. Each of these hotels is true to its place and its traditions, incorporating elements of the past and reflecting the local culture."

The full Fairmont Luxury Insights Report has been made available for free download from Fairmont's web site, here: http://www.fairmont.com/promotions/luxuryreports


Sources: Fairmont Hotels & Resorts /
The Marketing Factbook.
Copyright © 2018 - 2025 The Marketing Factbook.

    Categorised as:

  • Customer Experience
  • Knowing The Customer
  • Marketing Know-How

Have you seen Easy Ways To Make Marketing Pay?

This is the marketing playbook that will help keep your business at the top of every customer's mind - and wallet - and help you increase Profits, Customer Satisfaction, Customer Retention, Customer Loyalty and Word-of-Mouth Advocacy, both online and offline.

This 120+ page report distils a whole spectrum of marketing best practices, do's and don'ts, practical how-to's, research and wisdom from respected global marketing veterans, explaining both emerging and established marketing techniques, technologies, strategies and practices, and providing you with the data you need to support the best decisions for your new, more profitable, more engaging marketing strategy.

In this comprehensive report you'll find all the information and support you need to build and improve a profitable, effective Marketing Strategy that covers all aspects of your business and customer base.

It also highlights all the hard facts, practical know-how and trends drawn by our experts from the global Marketing Factbook's vast database of market data, studies, research and white papers, and presents you with an invaluable library of ideas and practical support you can call upon at will.

This is no average 'state of play' report; it's the only 'Fact Book' that helps you implement and manage meaningful and profitable change, and help you grow your bottom line despite a slowing economy.

You'll gain a true goldmine of easily adaptable and up-to-date strategies, walk-throughs, trends, research and market data, plus all the supporting arguments you need to build a solid, profit-generating marketing strategy.

Get it on Amazon (Kindle/Print)
 
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