TRAVEL HEADLINES: PERSONALIZED TRAVEL AND EXPERIENCES MARKET TO JUMP BY 17% CAGR BY 2030

by | Aug 16, 2021 | Travel

A study released by Allied Market Research today points to a rise in the trend of online bookings and an increase in social media activities and its impact on the travel and tourism industry. Most telling, coming out of the pandemic it points to projected dramatic growth in the global personalized travel and experiences industry from $91.2 billion in 2020 to $447.3 billion in 2030. Luxury travel is a big part of that.

Related: As the world opens up, where do you plan to go?

There’s a growing push among people towards unique and exotic holiday experiences. According to the study, while surges in terrorism and crime rates, natural calamities, political uncertainty might hinder market growth, demand for enhanced service standards and a big uptick in disposable income will drive it.

The in-hotel personalization segment led the way, accounting for more than one-third of the global travel and experiences market. North America held the largest share there, according to the report, at one-third of the market, due to a rise in demand for luxury travel and leisure travel and tourism services.

For us, Las Vegas is a market leader when talking unique experiences. It’s a playground for adults, marked by some of the most prestigious hotel and resort properties anywhere in the world.

Las Vegas leads the news makers on the luxury travel front for this week:

Delilah at Wynn Las Vegas

Wagyu Beef Wellington: Image by Bill Milne
We’ve got the new Las Vegas hotel beat covered off, with our story on the new Resorts World Las Vegas back in June. That’s the first ground-up new resort on the Strip in over ten years.

But you gotta eat somewhere. Any place that offers a combination of Wagyu Beef Wellington with a desert called the “Slutty Brownie” gets your attention. Delilah is a melding of elegant, classic Las Vegas past with a vintage aesthetic and the modern supper club. Elegance meets charisma. Pure decadence here, the ultimate date night. Reviews for the restaurant have been great so far, which opened in July.

Guests are immersed into an engaging dining environment that comes to life with special performances throughout the evening, featuring nightly live entertainment, a DJ and Sunday Night Jazz.

Slutty Brownie: Image by Bill Milne

Open for biz: Borgo Santandrea, the first new luxury hotel on the Amalfi Coast in 15 years

Deluxe suite with private pool

Borgo Santandrea, a new cliffside hotel in Amalfi 90 meters above sea level, has soft opened, the first new luxury hotel to open up on the Amalfi Coast in 15 years. Borgo boasts its own private beach, oceanfront pool, exclusive beach club, and three restaurants serving Mediterranean food. 29 guest rooms, 16 suites and jaw-dropping views of the sea.

The property (pictured at top) went through a three-year overhaul. It combines Mid-Century design details with classic Mediterranean style. White and blue hues are throughout, alongside geometric hand-painted tiles, antique furniture, and hand-crafted pieces by local Amalfitano artisans. To reach the hotel’s private beach, guests descend the cliffside in a lift. Or, they head down a series of walkways and staircases amongst fragrant terraced gardens of olive and lemon trees. It’s truly a unique luxury travel experience.

With three restaurants and two bars, the hotel is inspired by the building’s origins, which date back to the 1960s. The owners sought to bring attention to the original Mid-Century features whilst creating a ‘home’ that was unmistakably Italian.

Rooms, during the soft-opening period, start from $1340 CDN ($1065 USD) per night based on two people sharing a double room, including breakfast.

Rocky Mountaineer launches first route in the Southwestern U.S.

Photo: Brent Andeck

Anyone who has experienced the memorable Canadian west aboard the Rocky Mountaineer will attest to the uniqueness of that luxury travel experience. There are three train routes there – Vancouver to Banff, Jasper and Lake Louise, in the Canadian Rockies. Particularly impactful is the ride in the glass-domed train coaches, where passengers feel as if they are enveloped by the mountain scenery, rugged terrain and wildlife that passes by, an endless loop of majesty.

Rocky Mountaineer today launched its “Rockies to the Red Rocks” two-day luxury rail journey. It takes guests from Denver, Col., through to Moab, Utah, past some of the most stunning landscapes you’ll see anywhere. Between Denver and Glenwood Springs, guests will journey alongside the Colorado River and through a series of canyons with steep rugged rock walls. The route between Glenwood Springs and Moab highlights mountain vistas, desert cliffs and rock formations.

Rocky Mountaineer’s plan is to expand its journeys to more diverse destinations. The two-day rail journey starts from $1250 USD ($1570 CDN) per person, which includes one-night accommodation in Glenwood Springs.

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