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Special Report ILTM Cannes: What’s Really Happening in Luxury Travel? Print E-mail
Let’s start with the bottom line of International Luxury Travel Mart Cannes. It is, magnificently, ONE BIG CONVERSATION between buyers and sellers. The one to one buzz is palpable from beginning to end.  The brand on brand environment, so smoothly crafted, produces surprising energy. You know that action is in the air, and that everyone means business!

I had not attended previous ILTM events, having launched Luxury Travel 360 just one year ago. And, in fact, ILTM is not really designed for the business press unless you are searching for the essence of future global planning among leading brands in high end travel.
Without question, the vital takeaways for us were found largely in private conversations with brand leaders. palais_1.jpg

Begin with the fact that rich conversation is precisely what smart luxury consumers want when they are in the decision-making process for anything beyond point-to-point business travel.
The sine qua non in pleasure  travel planning is advice you .can trust –not just knowledge, but trust-- and the successful travel agents having those buy-sell conversations at ILTM certainly score high in that department.
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There is another conversation going on at Cannes absolutely critical to the future of travel. Brands talking to brands about issues, insights, and innovation — all music to my ears, of course, because that’s what Lux 360 is all about:

  • using the interactive web and face-to-face opportunities to share what’s new in    imaginative marketing around the globe
  • research on what consumers want in good times and bad
  • how to score high in generational marketing 
  • what really resonates in customer/client care
In upcoming issues we will be covering how all this played out in conversations with people like Matthew Upchurch of Virtuoso, Paul Kerr of Small Luxury Hotels, Philippe  Kjellgren of Kiwi Collection, Richard Duvauchelle of Hotel Palais Stephanie in Cannes, and others . Plus, later in this issue, a conversation with the irrepressible editor and publisher of The Gostelow Report.
 
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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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