Travel Megatrends 2018: Asian Travelers Create a Luxury Tipping Point
Photo Credit: The number of Asian luxury travelers is increasing, but their needs are growing more diverse. Skift / Bett Norris
Skift Take
2018 will see greater numbers of Asian luxury travelers, but also greater challenges to meet more complex needs. As these travelers want to play in Asia, new high-end agencies are entering, while old ones are restructuring, creating new luxury divisions, or launching new luxury brands.
Skift Megatrends 2018
In January 2018 released our annual travel industry trends forecast, Skift Megatrends 2018. You can read about each of the trends on Skift, or download a copy of our magazine here.One need not read seminal studies to see how Asian luxury travelers are growing in numbers and are increasingly impossible to pigeonhole as generic "upmarket" tourists.
Their rise and increased diversification are noticeable to all in the travel space. Many new high-end players seek to serve them, as well as old players who are creating new luxury divisions.
Take Singapore, an Asian market with many seasoned travelers, and one that is seeing growth from specialized outbound luxury players. These could be seasoned overseas operators opening a regional office, such as Scott Dunn, which added Singapore to its two offices in London and San Diego in May. Or they might be well-traveled individuals who team up to create new agencies because they feel they can do better than legacies at offering personalized and experiential trips. One example is Beyond X Boundarie
