Luxury Holidays Industry Expected to Boom in 2010
After a turbulent economic year in 2009 it looks like the travel sector is well on its way to recovery with more travellers now booking luxury holidays throughout the world and a number of new luxury projects and developments in the pipeline for 2010.
Last year’s global recession drastically affected the travel industry, in particular Caribbean luxury hotels and Dubai hotels, as fewer tourists visited the regions leading tourism number to fall significantly.
However, as the world climbs out of the economic crisis the number of travellers taking luxury holidays is on the increase and tourists are once again booking their stays at luxury Caribbean hotels and Dubai holidays as the luxury travel market recovers.
As well as an increase in luxury holidays, there is a rise in the number of new luxury projects and properties under construction in destinations across the globe.
Las Vegas is leading the way with the private development of an $8.5 billion project, CityCentre, which will feature three luxury hotels designed to boost the city as an attraction for non-gambling tourists seeking luxury holidays.
Despite Ritz-Carlton having to close their Las Vegas property last year, the luxury travel brand will be opening five new hotels this year in Toronto, Lo Angeles, Dubai, Shanghai, and Hong Kong.
Ritz-Carlton will be adding a property to existing luxury Dubai hotels with the opening of the centrally located seven-storey high Ritz-Carlton Dubai which will feature 341 guest rooms and suites, including 124 serviced apartments; a health club; spa; outdoor and indoor swimming pools; three restaurants; ten function rooms; and a1,400 square metre ballroom.
Luxury hoteliers, Six Senses, announced last year that they would be buying “troubled resorts”, and in January 2010 the group stated that they would be opening their first Caribbean property and addition to Turks & Caicos hotels in 2013.
Salt Cay will be home to the new Six Senses resort, residential villas, spa and golf course for visitors looking for Turks & Caicos holidays.
The project will provide one of the most luxury hotels in luxury hotels in Turks & Caicos on one of the only ten inhabited islands in the region, which also remains virtually unchanged from the 17th century.
Six Senses Chief Financial Advisor, Simon Allison, said:
“We believe there will be excellent returns to be made in this sector in the next five years from acquiring top-end properties in strong locations at highly competitive prices.
“We would like to find financial partners that will drive this initiative with us.”
Six senses will also be opening a new spa resort in Marsa Alam for travellers who enjoy relaxing on their luxury holidays in Egypt.The Palace Port Ghalib Resort differs from other Egypt luxury hotels and boasts a 1,700 square metre spa which features 16 treatment areas including two Thai treatment rooms, three couples rooms, a wet treatment room, a gym, traditional hammans, and a sauna and steam room; perfect for visitors who are looking for the chance to unwind and be pampered on their Egypt holidays.
Talk to a specialist
Call 020 7644 1770 to speak with our award-winning travel consultants.
Opening hours 09:00 - 21:00 GMT
Popular Holidays In Dubai Browse all
Indulge in a shopping spree in Dubi or hop on the metro to Jumeirah Beach and soak up the sun .
- Free shuttle service to Jumeirah Beach
- Complimentary wireless internet access is available in public areas
- Free shuttle to Emirates shopping malls
Bask in private palm-lined beach glory that's just 15 minutes from the Dubai Marina in a place where it's all included
- Choose from excellent restaurants serving a variety of world cuisines including French, Mediterranean and Thai
- Go for a round of golf at the onsite 9-hole Golf course or explore the are on horseback
- book your stay including tickets to the family entertainment park Dubai Parks & Resort - ask our team now
Treat your family to an unforgettable Arabian adventure and make a splash at the world's most extravagant aquatic hotel!
- Free Half Board with a huge range of dining options
- Free access to Aquaventure and Lost Chambers
- Experience the culinary gourmet adventure with over 22 world-class restaurants, lounges and bars including the Michelin star restaurant Nobu
With over 20 restaurants and bars, you will be amazed by the variety of fine fare on offer to enhance your holiday.
- Complimentary services include a 1-2 hour scuba diving session
- Free Half Board on selected dates
- Venture next door with complimentary access to the Wild Wadi Water Park to cool yourself from the summer sun
With a gorgeous location on the west crescent of the Palm Jumeirah, this exclusive and ultra-deluxe resort delivers...
One of the most sought-after locations in the magical city of Dubai is the artificial island of Jumeirah. Enjoy the...
Ideally located on the West coast of Mauritius in the village of Flic en Flac and only 2 km from the restaurants, casino...
The stunning Intercontinental Resort Mauritius awaits, overlooking the Bay of Balaclava located on a pristine white...
The Gloria Hotel & Apartments is a stunning suite and apartment hotel that is ideally located in the heart of Dubai. It...
The 4* Ramada Deira hotel boasts comfortable, modern and grand interiors and facilities, as well as easy access to the...
Regarded as one of Dubai's most luxury hotels, Marina View Apartments is ideally located in the centre of Dubai's...