Asian Consumers To Provide Retail Expansion Opportunities

Nearly 80 percent of affluent Asian consumers plan to increase spending on travel, according to a new report from Agility Monitor.

“Luxury shopping has seen a steep rise in Japan given all the Asian travel there recently; however luxury brands need to appeal to the travelers as a whole so they connect with them and can be a preferred choice at home and abroad,” said Amrita Banta, managing director of Agility Research.

“These affluent Asian travelers are looking for good service/quality and uniqueness, and that’s what luxury brands needs to provide – local Chinese speaking staff, ability to communicate on WeChat, etc.” 

Luxury Daily article here

Keywords

Asian operators   China operators   industry trends   Japanese operators   leisure travel   luxury hotels   luxury market trends   research and trends   

 

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