2013 Trends on Attitudes of the Ultra Affluent: Where, How & Why They Spend
Over the next 10 years, 95,000 people are predicted to break the US$30m wealth barrier—a cumulative 50% rise, which will take the total number of ultra high net worth individuals across the globe to around 285,665.
Interview With Joe Poulin: CEO & Founder of Luxury Retreats
I had the chance to pick the brain of this young, ambitious CEO to find out exactly how this venture got started, what makes this company stand out among the competition, and where we can expect to see more Luxury Retreats villas putting down roots.
Luxury carmaker Audi ranked as top overall brand in the recently released 2012 Total Quality Index (TQI) study by the research-based consultants Strategic Vision. Audi, the German-engineered brand, scored 918 out of a 1,000 total points to achieve...
For those who are involved in high end thoroughbred horse racing, Keeneland is a household word. Selling more graded stakes winners than any other sales company, Keeneland is considered the Sotheby’s of horse racing. It is the premier marketplace...
It looks like the U.S. isn’t the only one in a debate over taxing the wealthy. While President Obama and Mitt Romney go head-to-head with their ideas on how to better our current economic situation, across the pond, Deputy Prime Minster Nick...
Ford’s luxury automotive brand, Lincoln, will begin selling cars in China in the second half of 2014. The firm will begin meeting with dealers interested in becoming part of the automaker’s independent dealer network in China in the fourth quarter...
The Latest openings from Piaget, Moncler, Façonnable, MM6 & Bentley, in Abu Dhabi, Los Angeles, Miami, Chile, New York City & Milan.
The past twelve months in the luxury retail space, there has been much ado about London. The promise of the 2012...
Luxury private club Baker’s Bay Golf & Ocean Club is forecasting record real estate sales for 2012 at more than $225 million. The deluxe 585-acre mixed-use development, located on the Great Guana Cay, in the Abaco Islands, bases its projection of...
Diamond Resorts International has acquired the privately owned luxury vacation operator Pacific Mountain Resorts (PMR). The amount of the total transaction is more than $350 million, as it includes a loan, the acquisition of nine hotels and resorts,...
Though millions of Americans are feeling the various effects of the recession, the Rich Kids of Instagram don’t seem to know the meaning of the word. In case you haven’t been introduced to RKOI yet, it’s a Tumblr page that compiles photos from...
Ad-pages are up, but circulation is down. New titles are launching, but digital is increasingly driving content consumption. What does all this mean for luxury print media?
Of late, one could be forgiven for feeling exuberant about the future of...
Luxury-electric carmaker Fisker Automotive has named Tony Posawatz as its new chief executive officer this week. Mr. Posawatz, the former head of the Volt program at General Motors, replaces Tom LaSorda. Mr. LaSorda also is the executive responsible...
The Quintess Collection, a luxury travel firm with more than 100 deluxe residences worldwide, announced that there are four new residences in Cannes, Scotland, Brussels, and Barcelona. This is the second major announcement regarding new residences...
Volkswagen acquires the remaining 50.1% stake in Porsche, Coty hopes to raise $700 million in an initial public offering and India’s Sahara Group buys New York’s Plaza Hotel
Sold: Valentino, Mayhoola
Valentino Fashion Group SpA has been...
Audi’s premium vehicles represented more than 30 percent of the 11,707 new vehicles it sold for the month of July in the U.S. market. The luxury automaker’s sales are up 28 percent over July 2011. Nineteen consecutive months of record-setting sales...
J.D. Power and Associates' annual North American Hotel Guest Satisfaction Index Study tabbed The Ritz-Carlton Hotel Company as the highest ranked in the luxury brand segment for the third consecutive year. The study, which is based on information...
The Latest openings from Breitling, Fendi, BMW, Proenza Schouler, Cartier & Jo Malone, in Paris, Singapore, London, New York, Abu Dhabi and Turin.
In a recent study by Capgemini regarding the future of physical retail stores, over half (51%) of...
It has been called a Recession Hangover, an Emotional Recession, Stagflation, and even worse, an Invisible Depression, all descriptions of the now sluggish U.S. economy, and an apt descriptor of the recession of the global...
Many developers of deluxe real estate properties are being more ecologically correct than ever. Green is good. When projects are being planned, sustainability is a major issue. Grupo Questro, a developer of premium real estate in Los Cabos, Mexico,...
Toni Knorr is one of a kind. She has had deep roots in the hospitality industry for 34 years, a time where she has done multiple tasks: managed five luxury properties for Millennium Partners, opened the Ritz-Carlton hotels in Georgetown and Boston...
Jumeirah ranks No.1 hotel overall, Hertz is named best car-rental company, and Virgin America was rated the top domestic carrier for its frequent flyer program in the Executive Travel 2012 Leading Edge Awards, announced in late June. The winners in...
A little history might be needed here so that the emergence of the Portico Club might be better understood in a more evolutionary destination/vacation club perspective. Eight years ago in 2004, Exclusive Resorts was...
In the rarified world of resort purchasing, a sentimental purchase is uncommon. Usually resort real estate transactions are made because the buyer can see a lucrative possibility in dollars and cents. This method is the norm,...
New waves of wealth are causing ripples in the structure of the luxury industry
In the past decade a flurry of French, English and Italian luxury brands have ceded control to foreign investors, some due to hangovers from 2008’s global financial...
Photography, glasswork and classic cinema are given their due in Provenance Hotels' burgeoning boutique luxury hotel portfolio. Hotel Lucia houses a large private collection of photographs by Pulitzer Prize-winning photographer David Hume Kennerly....
Nokia completes its sale of Vertu to EQI VI for an undisclosed amount, whilst LVMH acquired made-to-measure French menswear brand Arnys in a bid to boost Berluti.
Acquired: Arnys, LVMH
LVMH has wholly acquired French menswear manufacturer...
China has consistently out-performed growth expectations when it comes to luxury, but as the Republic’s overall growth forecast slows, the outlook becomes a little less rosy
There has been much talk of a slowdown in luxury consumption in China....
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