For many travellers, the new luxury is taking their time on holidays

With luxury travellers slowing the pace of their holidays, many are spending more time in cities like Tokyo to immerse themselves in the culture and cuisine. Japan draws millions of visitors each year to its enchanting temples, curated boutiques and elegant restaurants. The landscape is also varied and breathtaking: There are bustling city centres with secret coffee shops, and remote mountain escapes that provide a refuge from the urban din.

At the same time, luxury travellers are booking trips further out. A Virtuoso study conducted by YouGov found that the average booking window increased by 14 per cent between 2022 and 2023, with holidays being planned 105 days in advance of a trip. They’re doing this to create “whole, immersive opportunities,” says Una O’Leary, general manager of Canada for global luxury travel agency Virtuoso. “Which is why the length of stays are a little bit longer.

Extended trips may also require more spacious accommodation, especially as multigenerational travel remains popular. To that end, Davis says, “the villa market is exploding.” For example, families are renting five-bedroom villas in Italy with separate spaces for cocktail hour and relaxing. For some, this creates an opportunity to interact with locals in a new way. “The chef comes in and they all make the pasta together,” says Davis of a hypothetical scenario.

Travel Ordid3343727012edit Davis Time Japan Trip Oleary Destination Travellers Davis VRBO Danube River Mekong River

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New limits to immigration could limit housing price upside, says Macquarie economistDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Source: globeandmail - 🏆 5. / 92 Read more »

Western Canada: Elections Alberta turns its eyes to Take Back Alberta and its leaderThe Globe and Mail offers the most authoritative news in Canada, featuring national and international news
Source: globebusiness - 🏆 31. / 66 Read more »

Top picks in yield-heavy energy infrastructure and utilities sectors from a CIBC analystDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Source: globeandmail - 🏆 5. / 92 Read more »

Why a Barclays analyst prefers Mexican banks over CanadianDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Source: globeandmail - 🏆 5. / 92 Read more »

RBC analyst reiterates his top picks across the Canadian real estate sectorDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Source: globeandmail - 🏆 5. / 92 Read more »

Nine reasons for a stock market pullback from a Wells Fargo analystDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Source: globebusiness - 🏆 31. / 66 Read more »