Leading Meeting Professionals

Professional Convention Management Association

September 17 2012

Luxury Travel is Making a Slow Rebound

Alicia Leonard

September 18, 2012

Luxury travel, even for business, continues its comeback from the depths of the recession, the industry is finding.

But an erratic economy is making for a slow and spotty return that remains below the highflying days before the financial collapse of 2008.

The investment bankers, Wall Street lawyers and other elite business travelers served by high-end travel service Ovation Travel, for instance, are buying just 3% more first-class airline tickets this year than they were last year, according to Ovation senior executive Michael Steiner. More

DeLollis, B. (September 18, 2012) Luxury Travel is Making a Slow Rebound. Retrieved September 18, 2012 from http://travel.usatoday.com/hotels/story/2012/09/17/luxury-travel-is-making-a-slow-rebound/57797524/1 

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