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Luxury Restaurants without High Gloss Grandeur Print E-mail

“The upscale stuff, it’s not what people want anymore”, Drew Nieporent told NY Times’s Florence Frabrikant.. And Tim Zagat chimed in with: “The people who are eating out every day, lunch and dinner, are all young, and  they’re  looking for a different kind of experience,” he said. “They don’t want fine dining in the classic sense. They just don’t eat the same way. They don’t dress the same way. ”You understand, of course, the prices haven’t changed. Just the ambience is altered. More choices with less pretense", Fabrikant says.

 

 
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From the Editor

Ipsos Mendelsohn and American Express Publishing-Harrison Group
Offer Fresh Insight on Consumer Behavior in 2010


According to new studies from two blue-chip research sources, Ipsos Mendelsohn and American Express Publishing - the affluent are not only ready to travel -- they are frequently going to spend more on it. While the Ipsos study focused on intent and American Express Publishing on mindset, they both point to a surge in affluents taking to the road (Amex sees an increase of 6 to 8% in spending on all luxury categories). Interestingly, both studies agree on a positive attitude despite lingering concerns about the economy. Here's a look at the highlights of both 2010 studies.

LuxuryTravel 360 has long looked to the affluent as a burgeoning market in business and leisure travel, fueling growth in more affordable, common sense luxury - less glitz and glamour, but ready to pay extra for memorable family experiences and genuine local culture.

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