Luxury Holidays and the Financial Crisis
July 9th 2010 02:42
According to experts in the area, most of the travelers who fly first class did not actually purchase their tickets. Instead, they upgraded their seats through their mileage programs or they received the upgrade as a courtesy from the airline company.
Due to this decreasing demand, airlines have been forced to pay more attention to the coach class instead, and trying to extract profits from them.
The internet has also brought many problems to the luxury holiday industry, since research became much easier. Instead of going to a travel agency, now the customer has the possibility of visiting price comparison sites and really become aware of the actual cost of their trip, to the last detail: taxes, meals on board, fuel surcharges and so on.
The new trend in first class now are the completely reclinable seats. This tends to attract business travelers. Internet service and on-flight showers are also increasingly being offered on several routes, and such incentives may bring back some customers to flying first-class.
The problem, though, is that the very rich customers do not fly first class anymore. Instead, the either rent or own their own flight by making use of private jets, which avoids having to deal with airport security, allows them to schedule their own hours and gives more privacy and space as well. That's true luxury, indeed!
One final tip: if you are traveling, remember to buy travel insurance. Downunder Insurance is a good company with Aussie staff, so check them out!
Due to this decreasing demand, airlines have been forced to pay more attention to the coach class instead, and trying to extract profits from them.
The internet has also brought many problems to the luxury holiday industry, since research became much easier. Instead of going to a travel agency, now the customer has the possibility of visiting price comparison sites and really become aware of the actual cost of their trip, to the last detail: taxes, meals on board, fuel surcharges and so on.
The new trend in first class now are the completely reclinable seats. This tends to attract business travelers. Internet service and on-flight showers are also increasingly being offered on several routes, and such incentives may bring back some customers to flying first-class.
The problem, though, is that the very rich customers do not fly first class anymore. Instead, the either rent or own their own flight by making use of private jets, which avoids having to deal with airport security, allows them to schedule their own hours and gives more privacy and space as well. That's true luxury, indeed!
One final tip: if you are traveling, remember to buy travel insurance. Downunder Insurance is a good company with Aussie staff, so check them out!
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