| Travel |
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Taking Luxury Travel to the Next Level
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Luxury travel experiences are arguably some of the best travel experiences, from elevated accommodations to incredibly personalized excursions and tours, which all provide memorable experiences for travelers. The experiences and accommodations on this list combine the best in luxury travel with once-in-a-lifetime experiences that you might not be able to find anywhere else. Curious to see these next-level luxury travel experiences? Click through the slideshow to see them all!
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| Aviation |
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Canada Introduces New Tax for Luxury Cars and Aircraft
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Canada is set to introduce a "luxury tax" on the sale and importation of high-value cars, planes and boats, under a new law that received parliamentary approval this week. Part of the government's commitment to making the Canadian tax system fairer, the new law, called the Select Luxury Items Tax Act, will go into effect on September 1.
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| Style |
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Ultra-rich fueling sales of luxury brands despite inflation and recession fears
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Prices for food, gas and travel have soared over the past year – but the rich appear to be shrugging it off and are still fueling sales at luxury companies, where sneakers can go for $1,200 and sports cars easily top $300,000. Companies that cater to the ultra-rich, including Ferrari and the parent companies of Dior, Louis Vuitton and Versace, are reporting strong sales or hiking their profit forecasts. The upbeat results come even as recessionary fears hang over the economy, with Walmart, Best Buy, Gap and others slashing their financial outlooks, citing a pullback in spending among lower-income consumers squeezed by inflation.
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| Dining |
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Massive Luxury Steakhouse Coming to Del Mar Highlands
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The family behind the well-known Mastro’s Steakhouse chain is bringing its newer brand of steakhouse built for big spenders to San Diego, where Steak 48 is set to open in Spring 2023 at Del Mar Highlands Town Center. Taking the 12,500-square-foot, stand-alone corner spot at Del Mar Heights Road and El Camino Real that previously housed Searsucker, the restaurant will have multiple dining areas, including eight suites for private dining, that all have a view of its glass-enclosed showcase kitchen. With an in-house butcher shop for hand-cutting steaks, the space will also feature a 3,000-bottle wine vault.
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| Gifts |
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Retail Trends: Building Loyalty With Service, Craft, And A Promise
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The true test of luxury is what happens on the back end. And the best brands do service, repairs, and customer service impeccably, deepening customers' appreciation and emotional connection to their brand. By essentially providing consumers with additional value with their purchases and saying “if you buy into our brand and worldview, we will take care of you,” retailers stand to engender goodwill and strengthen their bonds with existing customers, while helping attract new ones.
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