5/16/2013

The market for high-end goods is growing and so is the demand for ultra-luxury hotels. Douglas Gollan, president of Elite Traveler Media Group, says that ultra-high-net-worth families will increase by 50% over the course of the next decade. "As our clients’ net worth increases, so too does their desire to reward their hard work with ultra-luxury travel experiences, often in private-yet-posh settings with their extended family and friends. We are seeing a continued increase in demand for multi-room, high-dollar suites as well as spacious villas," said Stacy Small, president of Elite Travel International.

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