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Are travelers balking at the cost of luxury travel?

Are travelers balking at the cost of luxury travel?

Released Monday, 20th May 2024
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Are travelers balking at the cost of luxury travel?

Are travelers balking at the cost of luxury travel?

Are travelers balking at the cost of luxury travel?

Are travelers balking at the cost of luxury travel?

Monday, 20th May 2024
Good episode? Give it some love!
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This week we return to one of our favorite topics on the folo: The post-pandemic cost of travel. With pricing remaining high, we are continually asking our sources whether they’re seeing any resistance. In this episode, Travel Weekly's hotels editor Christina Jelski and host Rebecca Tobin talk about whether travelers on the upscale and luxury end of the travel spectrum are beginning to balk at high prices -- especially those who might be considered "aspirational" luxury travelers. We look at a new report from Mastercard Economics Institute, and examine data from travel consortium Virtuoso. The conclusion? As they say .... it might surprise you.

This episode was recorded Friday, May 17 and has been edited for length and clarity.

Episode sponsor

This episode is sponsored by All-Inclusive by Marriott Bonvoy. https://all-inclusive.marriott.com/

Related links

Have luxury travelers finally hit a price ceiling? https://www.travelweekly.com/Travel-News/Hotel-News/Have-luxury-travelers-finally-hit-a-price-ceiling

Mastercard Economics Institute's report "Travel Trends 2024: Breaking Boundaries" https://www.mastercardservices.com/en/industries/travel/insights/travel-trends-2024-breaking-boundaries

 

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