Top Ten Luxury Travel and Lifestyle Trends for 2008 – By Karen Weiner Escalera

Luxury markets will continue to expand, while consumers of all high-end luxury products will hone their tastes ever more pointedly. The urge for self expression will spread while a new ethical and environmental consciousness will take an even firmer hold. These are among the many forces that will help dictate where and how the affluent will spend their money in the new year of 2008.

European Performance Review

In US dollar terms, Europe remains the revPAR king, with the highest absolute revPAR at US$104. This is around US$4 and US$9 higher than the Middle East and Asia Pacific respectively.