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"Five-star Superior" rating at the Hotel Vier Jahreszeiten Kempinski in Munich, Germany. Hotel ratings are often used to classify hotels according to their quality. From the initial purpose of informing travellers on basic facilities that can be expected, the objectives of hotel rating have expanded into a focus on the hotel experience as a whole. [1]
The dining room of the Via Sophia in Washington, D.C., United States, which is a high-end luxury restaurant establishment. The dining room of Le Bernardin, which is a restaurant in Midtown, Manhattan, New York City. Restaurants may serve cuisines native to foreign countries. This one, for instance, serves French cuisine along with seafood.
The word "luxury" derives from the Latin verb luxor meaning to overextend or strain. From this, the noun luxuria and verb luxurio developed, "indicating immoderate growth, swelling, ... in persons and animals, willful or unruly behavior, disregard for moral restraints, and licensciousness", and the term has had negative connotations for most of its long history. [2]
Masstige is a marketing term meaning downward brand extension. The word is a portmanteau of the words mass and prestige and has been described as "prestige for the masses". The term was popularized by Michael Silverstein and Neil Fiske in their book Trading Up and Harvard Business Review article "Luxury for the Masses". [1]
This is especially true in the luxury space. Stripped of pomp and circumstance, the customer is just another high-net-worth individual blowing a mere mortal’s mortgage payment on a sip of old ...
The companies designed luxury residential towers in China called the Versace Residencies. The goal of the creators was to combine Versace's luxury home elements with elements of traditional Chinese culture. [102] Also in 2015, Versace partnered with the ABIL Group in India to develop another luxury residential project, located in South Mumbai ...
Compass found America’s ultra-luxury market notched over 1,700 sales of homes of at least $10 million over the course of last year, marking a 350% jump from 2023. Those sales, the real estate ...
Hong Kong Disneyland Resort Universal Beijing Resort. A destination resort is a resort that itself contains the necessary guest attraction capabilities so it does not need to be near a destination (town, historic site, theme park, or other) to attract its patrons.