Market Trends

Luxury consumption in China is undergoing a remarkable transformation, driven by younger, more dynamic consumers and evolving preferences that go beyond traditional notions of wealth display. This shift is particularly evident in the hospitality sector, where luxury hotels now cater to a deeper desire for sensory and emotional experiences. Despite this growing demand, however, research to date has shed little light on how sensory stimulation shapes luxury hotel experiences or how cultural factors influence consumers’ responses to luxury. Working with a co-author, Professor Kam Hung and Professor Cathy Hsu of the School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University (PolyU) explore the multi-sensory dimensions of luxury consumption. Their findings offer guidance for hoteliers seeking to craft meaningful and memorable experiences for their guests.

This article was written by Phocuswright. Click here to read the original article FOR MORE INSIGHTS See all of Phocuswright’s free research insights here. Sign up to get the latest…

This article was written by Travolution. Click here to read the original article The latest 2025 Tour Taker report by Arival has revealed a powerful shift in how European and…

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This article was written by Lodging Magazine. Click here to read the original article ARLINGTON, Virginia—The U.S. hotel industry showed mixed year-over-year performance results, according to June 2025 data from CoStar. U.S.…

The U.S. hotel industry showed mixed year-over-year performance results, according to June 2025 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

Germany is set to make Travel & Tourism history in 2025, with every major performance indicator set to reach new heights, according to new data from the World Travel & Tourism Council (WTTC).