Why is luxury travel so expensive? High prices aren’t curbing demand

The travel industry is largely back on track. But high prices in the luxury sector, which rose in the wake of the Covid pandemic, aren’t returning to normal. In fact, they’re growing higher by the month. Luxury hotel rates reached “peak levels” this year, with average daily rates up 70% compared to 2019, according to … Read more

What a one-night journey costs

Reservations for Italy’s new “La Dolce Vita Orient Express” train open Tuesday. Luxury train enthusiasts may want to lock in the current rate now — before it climbs any higher. Starting rates for a one-night journey on the luxury train increased from 2,000 euros ($2,168) per person in December 2022 to 2,500 euros per person … Read more

What are the best restaurants in Asia? Here the top 50 for 2024

Tokyo’s Sézanne is the newly crowned winner of “Asia’s 50 Best Restaurants 2024” list. The two Michelin-starred neo-classical French restaurant, located on the 7th floor of the Four Seasons Hotel Tokyo at Marunouchi, climbed from No. 2 on the 2023 list to secure the top spot. Japan had nine restaurants make this year’s list, as … Read more

Too much Atlantic in Atlantic City: Beach erosion has casinos desperately seeking sand by summer

ATLANTIC CITY, N.J. — The ocean and beaches have always been a part of Atlantic City’s identity: from salt water taffy to Miss America bathing beauties to the name of the place itself, the city has been marketed as a place to have fun by the sea. But there is a little too much Atlantic … Read more

Where and how the wealthy travel is changing

Heli-skiing on virgin snow in Antarctica for a cool $2.2 million. A polar bear safari in an “off-limits” area of Norway’s Svalbard for $300,000. How about tracking snow leopards in the Himalayas with renowned explorers for $100,000?  Big-ticket travel experiences like those are indicative of the “quiet luxury” trend which began in the world of … Read more

More Indian travelers are choosing extreme road trips to see the world

Meenakshi Sai, 51, looks like any other Indian woman, dressed in a saree and sporting a bindi on her forehead. But unlike many women in her country, she’s been driving since she was 18 years old. As of 2020, less than 7% of India’s 236 million drivers were women, according to the data website Statista. … Read more

Panel says the next generation of online gambling will be more social, engaged and targeted

NEW YORK — The future of online gambling will be more social, more engaged with players and more targeted to their individual interests, an industry panel said Thursday. Speaking at the Next.io conference on internet gambling and sports betting, panelists said online gambling — which is still in its infancy after a decade — already … Read more

Debate heats up as Singapore PM says Taylor Swift deal isn’t ‘unfriendly’

Singapore Prime Minister Lee Hsien Loong said Tuesday that a closed-door deal for Taylor Swift to perform in the city-state ensured she would not perform in other Southeast Asian countries during her Eras tour. “(Our) agencies negotiated an arrangement with her to come to Singapore and perform and to make Singapore her only stop in … Read more

New Jersey gambling regulator who advised nation on integrity and oversight retires

ATLANTIC CITY, N.J. — David Rebuck, who oversaw New Jersey’s development of nation-leading internet gambling and sports betting industries and advised more than two dozen states on setting up and regulating their own gambling operations, retired Friday after 13 years as one of America’s most influential gambling regulators. Rebuck, 71, stepped down as director of … Read more

Hong Kong lifts curbs on property market, to spend more on tourism

HONG KONG — Hong Kong’s government has lifted curbs on property deals after home prices fell to a seven-year low, adding to the Chinese territory’s woes. Finance minister Paul Chan announced the move in a speech presenting the territory’s budget, which also raised spending on tourism promotion. He said all curbs, such as extra taxes, … Read more