The reason luxury travel is so expensive these days
Publishing timestamp: 2024-04-01 19:13:57
Summary
Luxury travel prices are soaring, with rates for hotels and trains reaching peak levels. Wealthy travelers are willing to pay higher prices for exclusive experiences, while budget and mid-scale sectors see competition keeping costs lower. Overall, travel demand remains strong, but some travelers are starting to feel the impact of rising prices.
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Tickers: AC-FR,
Keywords: accor sa, hotels and resorts, economy, entertainment, vacation costs, business travel, luxury travel, lifestyle, train travel, hospitality and leisure industry, life, business news, travel, family travel, accommodations, luxury, holidays, tourism, vacations, wealth, italy,