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The Folo by Travel Weekly

Are travelers balking at the cost of luxury travel?

20 May 2024

Description

This week we return to one of our favorite topics on the folo: The post-pandemic cost of travel. With pricing remaining high, we are continually asking our sources whether they’re seeing any resistance. In this episode, Travel Weekly's hotels editor Christina Jelski and host Rebecca Tobin talk about whether travelers on the upscale and luxury end of the travel spectrum are beginning to balk at high prices -- especially those who might be considered "aspirational" luxury travelers. We look at a new report from Mastercard Economics Institute, and examine data from travel consortium Virtuoso. The conclusion? As they say .... it might surprise you. This episode was recorded Friday, May 17 and has been edited for length and clarity. Episode sponsor This episode is sponsored by All-Inclusive by Marriott Bonvoy. https://all-inclusive.marriott.com/ Related links Have luxury travelers finally hit a price ceiling? https://www.travelweekly.com/Travel-News/Hotel-News/Have-luxury-travelers-finally-hit-a-price-ceiling Mastercard Economics Institute's report "Travel Trends 2024: Breaking Boundaries" https://www.mastercardservices.com/en/industries/travel/insights/travel-trends-2024-breaking-boundaries  See omnystudio.com/listener for privacy information.

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