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Luxury travel spend largely unaffected by crisis

Luxury
April Hutchinson
20 July 2020

Luxury travellers’ budgets and desire to travel remain largely unaffected by the coronavirus crisis, even if they are seeking safer, closer-to-home ideas for now.

Country life

The conclusions are part of research by Elegant Resorts carried out in June which found 26% of respondents said “my travel plans and feelings remain unaffected”; 52% said they would be more cautious when travelling; and only 17% said they felt the need to reassess their travel plans completely. 

When it comes to budget, 67% of customers confirmed their holiday budgets were not affected by the pandemic, while 10% even said they would spend more on luxury travel than before.