Niche Markets Thriving in Tough Economic Times
Amidst the chaos, certain niches in the travel and luxury sector are moving steadily forward, according to Alexandre Chemla, President of ALTOUR:
“The entertainment sector is booming. Bookings by touring bands are way up.â€
“Though leisure travel is down, ultra-luxury travel is doing well,†Chemla said. “We are seeing this especially in the high-end cruise sector where suite and penthouse demand outstrips supply and there is great interest in exotic destinations like Southern India, the Maldives and Zanzibar. Destinations like Iran, Saudi Arabia, and the United Arab Emirates, for example, are fostering bookings for the Crystal Cruises 2010 World Cruise.â€
“The destination weddings business shows no sign of slowing, even in this economy,†Chemla added. “Multi-generational travel – grandparents taking the grandchildren on vacation seems recession proof. We’re even finding kids being taken out of school for this type of family experience.â€
Altour’s one of the most sophisticated and highly respected global leaders in the travel with a travel volume of over $500 million. It is among the largest independent agencies serving the luxury and mid-market travel niches.
For more information: www.ALTOUR.com
Karen
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