The rich are ditching hotels. Here's why

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In This Story ABNB +0.47% MAR +0.02% In 2024, the luxuries industry has seen a noticeable decline from the post-pandemic boom: inflation, political instability, and economic disruption mean that consumers are tightening their metaphorical belts and not spending nearly as much on real life designer belts. Suggested Reading Let's talk about the big business of Christmas trees Netflix, Disney, Hulu, and other streamers ranked by how similar they are to cable 2025 could be the year AI grows up

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The rich are ditching hotels. Here's why https://qz.com/ - 09.12.2024 05:00

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The rich are ditching hotels. Here's why https://qz.com/ - 09.12.2024 05:00