News & Trends
Luxury market to hit €1.5 trillion in 2023—and travel is a big factor
The global luxury market is projected to reach €1.5 trillion in 2023, an 8-10 per cent growth over 2022, setting a new record for the industry and proving its unparalleled resilience. These are among the findings of the latest Bain & Company report with Altagamma, the Italian luxury goods manufacturers’ industry association. Spending on experiences, particularly, recovered to historic highs,
Survey shows this is how most Canadians love to travel
A new Sunwing Vacations survey has unveiled how Canadians choose to maximize their time on vacation and define their vacation personas. More than one-quarter (27%) considering themselves “max relaxers” who like to lay low and relax while on vacation. Similarly, another quarter (28%) describe themselves as “reserved vacationers” who tend to keep to themself and/or their travelling companions. On the other hand,
This Canadian airline is now flying to 31 new European cities
WestJet guests will gain access to 31 additional cities across 11 European countries from Paris Charles de Gaulle Airport (CDG) through an expansion of WestJet’s codeshare agreement with Air France. As a result of a successful 10-year partnership, the two airlines have connected millions of travellers between Canada and Europe with the convenience of one-ticket and the ability to earn
Despite rising costs, safari tourism continues to dominate
New data indicates that travel to famous safari destinations continues to grow, despite rising trip costs. U.S. travel insurance marketplace, Squaremouth.com, reveals that policy sales for destinations known for safari tourism more than tripled from 2020 to 2022, and breaks down how that trend is continuing through 2023. Safari tourism trends In addition to an increase in popularity, the price of safari tourism
These are the most powerful passports in the world
Japan has been knocked off the top spot on the Henley Passport Index for the first time in five years and bumped into third place, according to the latest ranking, which is based on exclusive data from the International Air Transport Association (IATA). Singapore is now officially the most powerful passport in the world, with its citizens able to visit 192 travel destinations
Two bespoke sleep hotels open in Australia and Taiwan
Two new sleep hotels, operated by Emma — The Sleep Company have opened in Sydney, Australia and Taipei, Taiwan. As more travellers seek out a truly restful experience during their vacation, these unique hotels provide a revolutionary travel experience on two different continents. Sleep tourism on the rise Sleep has become a recurring topic of concern and interest since the
