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Costs per person on a 7-night luxury holiday

Costs per person on a 7-night luxury holiday

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The affluent society and its leisure lifestyle and luxury consumption can influence the future tourism trends. One key prerequisite shaping the future of luxury tourism is the shift in values from the material to the experiential purchases. It is related to the assumption that money spent on experiences can satisfy various people's needs. Moreover,...

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Context 1
... of the luxury holidays (Fig. 8). In this case, almost three-quarters of the respondents chose the option of 8-15 nights. It corresponds to the fact that it is worthwhile to spend more nights when travelling to faraway destinations. At the same time, more than one-fifth of the respondents prefer to stay between 5 and 8 nights. Financial resources (Fig. 9) play an important part in the context of the luxury holidays, considerably exceeding the price level of regular holiday packages. Almost one-half of the respondents stated that they are willing to pay no more than 2,800 Euros for their luxury holiday. The range between 2,800 and 4,000 Euros is the second most frequent amount of money ...

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Citations

... About luxury: Luxury is purely subjective and can be defined differently by people as per their perceptions (Novotná & Kunc, 2019). As per the available studies (Armitage, Roberts, & Dhillon, 2017) , defining and describing luxury is not a simple task. ...
... As far as the age structure is concerned, baby boomers are the most dominant among the affluent clients. If we focus on the consumption patterns Searching for information on the Internet, activity on social networks and travel websites Source: Own processing based on Novotná andKunc (2019a, 2019b), Pangea Network (2017), and Virtuoso (2019). and motivation of the Czech luxury segment, the satisfaction of the needs for relaxation and exploration of new destinations are the primary motives for taking luxury holidays. ...
... This implies that staying at high-end accommodation houses, eating at high-end restaurants, using private planes to travel is part of luxury tourism. The basic objective behind luxury tourism is to get such an experience that seemed unreal previouslya dream that has been converted to reality, the memory to be cherished later Luxury tourists are motivated to travel by the desire to experience luxury stays, far-off destinations, and excitement distinct from ordinary life apart from such places fulfilling the general needs for relaxation, visits and sightseeing, socialisation, economic and sports (Novotná & Kunc, 2019). ...
... About luxury: Luxury is purely subjective and can be defined differently by people as per their perceptions (Novotná & Kunc, 2019). As per the available studies (Armitage, Roberts, & Dhillon, 2017) , defining and describing luxury is not a simple task. ...
... As far as the age structure is concerned, baby boomers are the most dominant among the affluent clients. If we focus on the consumption patterns Searching for information on the Internet, activity on social networks and travel websites Source: Own processing based on Novotná andKunc (2019a, 2019b), Pangea Network (2017), and Virtuoso (2019). and motivation of the Czech luxury segment, the satisfaction of the needs for relaxation and exploration of new destinations are the primary motives for taking luxury holidays. ...
... This implies that staying at high-end accommodation houses, eating at high-end restaurants, using private planes to travel is part of luxury tourism. The basic objective behind luxury tourism is to get such an experience that seemed unreal previouslya dream that has been converted to reality, the memory to be cherished later Luxury tourists are motivated to travel by the desire to experience luxury stays, far-off destinations, and excitement distinct from ordinary life apart from such places fulfilling the general needs for relaxation, visits and sightseeing, socialisation, economic and sports (Novotná & Kunc, 2019). ...
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The ever-growing demand for luxury travel, depending on the development of global economies, is a niche market on its own in international tourism. For this reason, countries, tourism regions and businesses are in a race in the design of products or services to meet the demand for luxury tourism. However, tourists who demand luxury tourism show some differences compared to other masses. In this context, research; It is designed to showcase current developments in the luxury tourism industry and explore what the market is waiting for. In the study, which adopted a qualitative approach, the document analysis technique was used. Scientific data has been obtained from academic studies, company documents, journals and declarations of various tourism organizations. The results revealed that many different types of luxury tourism experience have developed, as well as that tourists who demand luxury tourism care about their unique individual experiences. Suggestions made depending on the inferences were presented to the reader's information while the research was concluded.