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An update on luxury travel and consumer behavior from Cannes, France

An update on luxury travel and consumer behavior from Cannes, France

FromEye on Travel with Peter Greenberg


An update on luxury travel and consumer behavior from Cannes, France

FromEye on Travel with Peter Greenberg

ratings:
Length:
36 minutes
Released:
Dec 14, 2022
Format:
Podcast episode

Description

This week's Eye on Travel Podcast with Peter Greenberg -- broadcasting from The International Luxury Travel Market in Cannes, France - the largest summit of high end hotels, airlines, cruise lines, tour operators -- and an indication of whose spending what, how much, and where, with some surprises. This year we have seen travel behavior change dramatically as people are willing to forgo purchasing luxury goods in favor of travel experiences. Amir Eylon, President and CEO of Longwoods International did the research, and he has the numbers. Then Peter sits down with Shannon Knapp, President and CEO of Leading Hotels of the World, a collection of more than 400 high end luxury hotels. Right now, hotels are getting about 40 percent higher rates than in 2019, and Knapp explains not only why, but how most hotels expect to maintain those rates. Then,  Crystal Vinisse Thomas, Vice President & Global Brand Leader Hyatt Hotels Corporation on how Hyatt had to pivot quickly to adjust to changing traveler behavior -- and changing traveler demands. Plus, what this is doing to the hotel business model.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 14, 2022
Format:
Podcast episode

Titles in the series (100)

Peter Greenberg is America's most recognized, honored and respected front-line travel news journalist. Peter is Travel Editor for CBS News, appearing on CBS This Morning and The Evening News, among other broadcast platforms. Peter Greenberg Worldwide Podcast is a travel news show airing from a different location every weekend, featuring local experts sharing their favorite gems. For more travel news you can use visit PeterGreenberg.com And follow Peter Greenberg for the latest travel news on social media: Twitter: @PeterSGreenberg Facebook: https://www.facebook.com/PeterGreenbergWorldwide/ Instagram: @PeterGreenberg