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Luxury Niche Tourism: The New Frontier for India's DINK Travelers

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Abstract

This research explores factors influencing intentions to invest in sustainable luxury tourism. The authors analyzed demographic variables, travel motivations, environmental awareness, and technology usage. Gender, age, and income did not significantly impact investment intentions, suggesting universal appeal. Specific travel motivations and environmental awareness also showed limited influence. Personal values and ethical considerations play a more pivotal role. Marketing strategies should prioritize personalized approaches. The authors used descriptive statistics, ANOVA, and regression analysis. Results indicated moderate agreement on sustainable luxury travel's importance. Travel motivations, environmental awareness, technology usage, and social influences did not significantly drive investment decisions. This research highlights the need for a deeper focus on personal values to promote sustainable luxury tourism effectively. The target audience for this research includes stakeholders in the tourism industry, policymakers, marketers, and researchers who are focused on sustainable luxury tourism.

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This chapter examines the shift in historically exclusive luxury tourism and proposes a transformation to a regenerative model that is more sustainable than social development. In relation to sustainable tourism, regenerative extends environmental concern beyond what is merely being maintained and encourages healthy habitats, promotes a social justice of equity between local hosts and visitors. The case study methodology was used to analyze global initiatives, namely the Aman Resortssix Senses SongSaa, Soneva hotels and the Belmond Hotel das Cataratas tourism company, which interweave luxury with regenerative practices. These examples show practical ways in which the sector can align business interests with environmental and social objectives, such as biodiversity conservation, cultural appreciation and community inclusion. Finally, the chapter highlights the challenges and implications of regenerative tourism as green branding opportunities from eco-worst practices of greenwashing or with institutional constraints, incorporating the objectives of the global SDG targets.
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Dual income, no kids (DINK) is a phrase for a household in which there are two incomes and no children. In India, the number of DINK couples is now slowly increasing. It has been observed that around 65% of newly married couples don't prefer to go for a child (Investopedia 2021). This research paper is a humble attempt to understand the psyche of the DINK community from Pune region. The research paper aims to throw light on changing cultural and social framework of family structure in 21st century and its impact on the spending pattern. The paper will also assess the uniqueness in spending pattern of DINK. The research methodology intended to include discussions along with interviews by developing a structured questionnaire which would also result in comparative analysis. DINK could be potential targets for the marketers for niche products and services. There is lot of scope for this target audience for promoting expensive cars, vacations and many. By analysing various articles related to DINK, the paper concluded with common trends of spending pattern by the DINK community, their characteristics as well as gaps in research with potential directions for future DINK research in India.
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