
The democratisation of luxury – what does this mean for luxury destinations?
"Much of the growth in luxury spend in 2018 was driven by millennials and their younger counterparts Gen Z"
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"Much of the growth in luxury spend in 2018 was driven by millennials and their younger counterparts Gen Z"

"The retrenchment to core destination cities seen last year will continue in 2019. Smaller, emerging and underserved destination cities will prove attractive as and when specific opportunities arise"

"Luxury spending globally increased 6% in 2018 according to Bain & Company, with Europe accounting for a third of sales, with forecasts pointing to further growth of between 3–5% per annum to 2025"
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"What we expect to see from various jurisdictions in the year ahead."
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"Can the level investment in the sector to date be maintained? The simple answer is, yes."