Mixing business with friendship can be a risky thing but it sounds like the prospective new owners of Abercrombie & Kent share the same views on luxury travel.
It's an old business axiom that 20 percent of customers are responsible for 80 percent of one's business. Top travel companies are recognizing this is certainly the case in the world of luxury travel agents. That's why more and more of them are starting to create novel programs for their best sellers.
Forget millennials. It's their parents who have the money and time to sign up for luxury experiences around the globe. With the aid of digital communications, going alone no longer feels like tragedy but an asset.
These four entrepreneurs took the first steps toward what would become modern adventure and luxury travel, and their first-hand accounts hold lessons — and entertainment — for all those who followed in their wake.
The flow of Chinese investment into travel and tourism, along with other sectors, continues unabated. China is not only making its mark with outbound travelers but its money is flowing into strategic assets as well.
Kent is one of the true trailblazers in the tourism industry. His focus on sustainability and supporting local communities around the globe is refreshing.