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15
Oct-2013

Luxury Survey & Consumers Behaviors

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… survey reported that for the last 5 years, luxury consumers have increased spending on travel (62%), technology (62%) and food and drink (60%). ..luxury health and beauty products is on the rise (51%).
When prompted to choose one luxury item, 42% of respondents selected a luxury vacation and 40% chose a memorable experience.
Russian respondents were No. 1 when it came to consumption of luxury products, with nearly 90% saying they upped their spending on the travel and food and drink segments. 8% spent more on technology.
The Maldives was the favorite luxury destination, according to 13%, followed by Italian 12% and French destinations 11%.
http://www.travelpulse.com/shl-survey-luxury-guests-spending-more-on-travel-tech-fb.html

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