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Luxury travel industry regroups amid downturn
Filed under: EconomyThere's no denying that times are tough for the travel industry right now. Everywhere you turn, a hotel or resort is offering a reduced price, a free night or some other incentive....
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Luxist Report: Diamond cartel tries to pull an OPEC
When the global economic crisis set in, few segments of the luxury market took it harder than jewelry. Big brands have been laid low and some fairly major retailers, including Fortunoff, Whitehall and...
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Luxist Report: What is the future of private jet travel?
Filed under: EconomyFor the past six months, the private jet industry has been hit from all sides. Not only has the recession caused both businesses and high net-worth individuals to travel less, but...
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