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Guest Post: The changing face of premium…

  • Travel Weekly Group Ltd
  • 31 January 2025
  • 3 minute read
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This article was written by Travolution. Click here to read the original article

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The travel landscape is changing and premium experiences are evolving in response to heightened consumer expectations. The classic “five-star everything” model, once synonymous with luxury, is no longer enough. Today’s high-net-worth travelers demand meaningful, personalised journeys that transcend opulent surroundings.

They seek immersive, unique experiences and increasingly spend extended periods in single destinations to gain deeper cultural understanding – a significant departure from the traditional itinerary that prioritizes hopping between multiple locations.

This shift creates both opportunities and challenges for travel brands, which must now meet these evolving demands with flexibility, personalization, and a reimagined approach to itinerary design and experience delivery.

Technology lies at the heart of meeting this evolution — reshaping how premium travel is crafted

and delivered. Companies embracing innovative solutions are better equipped to cater to sophisticated travelers by offering seamless, customised, effortless experiences.

Let’s explore how the intersection of technology and personalization are reshaping luxury travel.

Longer stays, immersive experiences luxury travellers are increasingly opting for extended stays and immersive experiences.

Based on booking data from Kaptio’s premium travel partners, the average confirmed booking length for 2025 has risen to 18 nights – up from 16 nights in 2024.

This data underscores a broader trend: Modern luxury travelers are prioritising deeper engagement with a single destination’s culture, gastronomy, and natural beauty.

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Luxury brands are responding accordingly:

  • LVMH’s integration of Belmond: Offering ‘slow luxury’ experiences like luxury train journeys, river yachting, and private villa rentals.
  • Intrepid Travel’s expansion: Historically focused on mid-market tours, Intrepid has invested in high-end properties and unique lodges in high-end properties and unique lodges, particularly in Australia.
  • Outbound Hotels’ experiential offerings: Incorporating community events into hospitality, such as maple tastings at Outbound Stowe or music festivals at Outbound Mammoth
  • Viceroy’s experiential luxury overhaul: Viceroy has rebranded to focus on curating top-tier, locally immersive experiences, such as beekeeping in Portugal, guided trail rides at Viceroy Ombria Algarve, and glassblowing workshops in Los Cabos
  • Six Senses’ tailored experiences: Six Senses enhances each property with multi-day activity packages, regional spas, organic farms, and gastronomy tastings

The future of premium travel lies in empowering consumers to craft truly individualised experiences through any channel they prefer. This is a significant shift in an industry that was previously defined by static, pre-packaged itineraries and bookings driven primarily through offline agency channels.

A sophisticated approach to revenue management

Revenue management in the premium travel sector requires a level of sophistication often found in the luxury hospitality industry but rarely applied to multi-day tour operations. While luxury hotels dynamically price rooms and focus on maximising gross guest revenue, tour operators face unique challenges in managing profitability while offering tailored experiences.

Luxury operators must strike a delicate balance: providing the appearance of unlimited customisation while maintaining profitability on a per trip basis. This is where technology like modern revenue management tools becomes essential.

These tools allow operators to:

  • Set dynamic pricing thresholds: Based on historical data and booking velocity, operators can adjust pricing to reflect demand and optimize revenue.
  • Offer controlled personalization: By structuring itineraries with flexible options (for example, “option A, B, or C”), operators maintain cost predictability while delivering bespoke experiences.

For instance, a tour operator can design seasonal packages around global phenomena like the Eclipse, which boosts profitability by dynamically adjusting inventory and pricing strategies.

The role of CRM: Managing high-touch customer journeys

Luxury travel involves a longer sales cycle, often spanning months, with multiple touchpoints. This necessitates a robust CRM system capable of managing non-linear customer interactions.

A modern, tech-forward CRM will help ensure the following:

  • Single source of truth: Consolidating passenger data to provide a complete view of households or groups traveling together
  • Personalised engagement: Enabling operators to track interactions, automate follow-ups, and maintain relationships through tailored drip campaigns
  • Seamless booking transitions: Supporting customers as they move between online and offline research, telephone consultations, and digital bookings. By streamlining these processes, operators can deliver the high-touch experience luxury travellers expect while maintaining operational efficiency.

Dynamic packaging: Tailor-made itineraries for premium travellers

The era of one-size-fits-all is over. Today’s premium travelers demand itineraries that reflect their unique preferences. Dynamic packaging capabilities empower operators to efficiently curate bespoke experiences by sourcing, bundling, and pricing trip components in real time. As a result, operators can quickly respond to requests and close sales at a greater rate.

For example, a client requesting private hotel transfers, a penthouse suite, and private guided tours would traditionally require significant manual coordination between multiple suppliers and DMCs.

A modern reservation technology stack simplifies this process by integrating live inventory and pricing via APIs into a unified system for seamless customization.

The Future of premium travel technology

As demands for personalisation increase, premium travel operators must evolve their technology stacks to meet modern expectations. By investing in modular, integrated technology, operators can deliver the curated, unforgettable journeys that define modern luxury travel.

Please click here to access the full original article.

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