The global Luxury Travel market size is expected to reach USD 2.5 trillion by 2025, expanding at a compound annual growth rate (CAGR) of 4.6% over the forecast period, according to a new report by Grand View Research, Inc.
Madeira, Portugal, will see three new luxury hotels opening this June. The Savoy Palace, Les Suites at The Cliff Bay and Pestana Churchill Bay are all set to open on the Portuguese island in the North Atlantic.
Connecting conscious diners with their surroundings in a sustainable manner, Amante Ibiza sources the majority of its produce from its very own organic vegetable garden with meat and fish dishes carefully selected from local fisherman and farmers.
With an increase in traveler demand for exclusive experiences and under-the-radar spots, resorts are tapping into the trend with unlisted suites – more private, lesser-known accommodations that serve as an escape from life’s bustle or the vacationing crowds. Below are a few options for those wanting to be in the know and in seclusion.
Royal Caribbean Cruises Ltd. and Silversea Cruises have announced agreements to build three new ships for Silversea Cruises, the ultra-luxury and expedition cruise brand that recently joined the RCL family.