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Tourism players near and far are clamouring for a slice of Asia-Pacific’s ultra-wealthy pie, as the luxury market looks set to be among the first to rebound when travel resumes.
Gearing up to tap into that market, destinations are drawing up exclusive itineraries, re-packaging products and launching marketing campaigns targeting the region’s luxury travellers.
Read moreWith billions spent annually in luxury & wealth advertising, media buyers and planners require more demonstrable ROI. To address this, Altiant is delighted to announce the launch of the Millionaire Media Consumption Subscription covering 4 Markets, unveiling the habits of 1,000 millionaires including but not limited to their use of print and on-line publications, digital platforms and their interactions with advertising.
Read moreAs lockdowns steadily resume across Europe in an effort to combat rising numbers of coronavirus cases, luxury brands will face another set of challenges across the supply chain.
Read moreAs a contentious election season dominated by the coronavirus pandemic comes to a close, the results — which may not be known for days or weeks — will have repercussions across the luxury and financial sectors in the United States and beyond.
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Des données chiffrées et des observations inédites. Pour le Salon du Luxe Paris 2020 – qui se tient actuellement online -, Meryam Schneider, vice présidente de Altiant, société spécialisée dans les études de consommation, dévoile les résultats d’une étude consacrée aux HNI – high net worth individual – les individus à patrimoine élevé, à l’ère du Covid-19.
One of the most revealing aspects of the pandemic so far is how it has shaped HNW individual mindsets around how and where they place budget within the luxury travel market. For the first time in perhaps a long time, it seems that many HNW luxury travellers are questioning their consumption and in some cases moving towards new concepts and options to safeguard both their health and finances…
Read moreSustainability and environmental awareness have been edging closer to the top of wealthy consumers’ priority lists in recent years. Based on data from Altiant – an organisation that provides insight from experts, marketers and agencies working in luxury and wealth management industries – this new preference to choose green has extended to all corners of luxury consumerism.
Read moreAs political instability is increasing in Hong Kong because of China’s recent crackdowns, many affluent consumers in the region are looking for a more stable environment to live, leaving countries and real estate sellers trying to lure these desirable residents.
Read moreThe factor currently at the heart of every decision, of course, is COVID-19. This unprecedented crisis led to equally unprecedented responses including some key demographic shifts, one of which being the acceleration and adoption of green travel.
Based on our data, this new desire to ‘go green’ has extended to all corners of luxury consumerism, from fashion and luxury goods to travel, suggesting that many people will now take these factors into consideration when purchasing, either amplifying their burgeoning desires or creating ones that didn’t previously exist…
Read moreAffluent consumers in some markets are beginning to question their consumption of luxury goods in the wake of the coronavirus crisis and this could have huge implications for the luxury fashion and beauty sectors.
Read moreLessons from APAC wealth managers
The dramatic impact of COVID-19 on individuals, communities, and organizations is unfortunately still unfolding. No financial institution will be immune to its effects. Firms have taken rapid action to protect themselves, their employees and their clients, and are considering how to future-proof their business for a ‘post crisis’ world.
Read more"California will remain a prime luxury destination when the market rebounds." Following on from Connections’ networking event in March 2020, Chris Wisson of Altiant explains why the Golden State will remain a key luxury travel destination after Covid-19.
Read moreMore than one-third of the wealthy consumers have questioned their level of luxury consumption as a result of the COVID-19 pandemic, suggesting that this highly attractive demographic is doing some soul-searching about how to live their lives after the health crisis.
Read moreThe session hosted by WTM Global Hub will share exclusive insight and data from Altiant, the global market research company that specialises in the luxury and prestige sector.
The webinar promises pickings for travel companies that want to find out the latest trends in the luxury market, and a wealth of information on how they can prosper in the post-COVID-19, high-net-worth world.
Read moreOrganisers of the next International Luxury Travel Market (ILTM) webinar promise rich pickings for travel companies that want to find out the latest trends in the luxury market, and a wealth of information on how they can prosper in the post-Covid-19, high-net-worth world…
Read moreOrganisers of the next International Luxury Travel Market (ILTM) webinar promise rich pickings for travel companies that want to find out the latest trends in the luxury market, and a wealth of information on how they can prosper in the post-Covid-19, high-net-worth world.
Read moreNEW YORK – Luxury brands have an opportunity to own more of the circular economy either through partnerships or directly operated services, as consumers open up to secondhand goods and alternative ownership.
Read moreGenerations Y and Z will account for 130 percent of luxury market growth through 2025, but brands need to stay cognisant that these consumers have evolving views of ownership.
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