• Home
  • About
  • Reports
  • Events
Luxury Conversation
  • Home
  • About
  • Reports
  • Events
Luxury Conversation
No Result
View All Result

New APAC Travel Mindstyle Sees Rise of the ‘Sheconomy’ in Luxury Hospitality

Health & wellness is not a niche category but a key aspect in the lives of the luxury consumer demographic. An APAC-wide insight report by Reuter: Intelligence, the leader in luxury insights & research, has been created in partnership with ILTM, the luxury travel business event specialists. Mindstyle: The Next Generation of Health & Wellness Travel, discovered that health & wellness is top of mind in diverse areas of daily life.

With wellness both the mindset and lifestyle, the defining word is ‘mindstyle’, which means ‘the cumulative attitudes and consistent habits of thinking that a person develops about her or his chosen lifestyle’.

Mindstyle is the ideal label to frame the wellness world – put simply: during luxury travel, your customers expect the same health & wellness experiences – or further elevated versions thereof – as they already have around them.

This excerpt looks at the rise of women-only travel, as the ‘sheconomy‘ booms. Find the full report here, available for free download.

Empowerment and Self-discovery

Also known as the ‘sheconomy’, women are the decision-makers for different forms of luxury. On China’s leading booking platform Ctrip, 70 percent of hotel bookings are made by female users, and women accounted for 53.2 percent of decision-making in high-end tourism consumption in 2019.

Among these female travelers, the percentage of solo women travelers outnumbers that of men at 63 percent vs. 36 percent. They seek trust-worthy and safe travel experiences, as well as hoping to empower themselves both physically and spiritually.

Women-only wellness retreats are trending as well, as brands such as Escapada and SuperShe create spaces and communities for women to invigorate body and mind, discovering connections, friendships and fun, immersed in self-caring and soulful experiences.

Looking across the Asia-Pacific market, hospitality and wellness destinations such as Soul Sanctuaries facilitate female travellers as they look for luxury wellness retreats throughout Asia.

Travelling together with other women is expected to be the next new trend. Also interestingly relevant is the power of women reflected in the increasing number of women employees who join the global travel industry, contributing to a ‘sisterhood’ environment and drive for increased safety guidance and care.

Expert voice:

Janine Hall, Founder & Owner of Escape Haven, Bali.

Women’s only retreats are an incredible way for women to rejuvenate and fill up their own cup. At Escape Haven we believe that every woman has the ability to transform and blossom into the most radiant version of herself when given time, space and support of a nourishing, uplifting environment. By investing in their wellbeing, women can live up to their full potential and ultimately, give back to others.

With our proximity to Australia and New Zealand, we do welcome women from these countries the most. Our most common demographic is around 35 years old, however every retreat week is a mix of all ages, we welcome women in their early twenties, and also ladies who are in their sixties. Many women come on a retreat looking for some time to relax and rejuvenate. Many have busy demanding jobs, while others balance being a parent and working.

We also find that women come on a retreat at transitional stages in their lives – when changing jobs, going through a separation, or moving into a new stage of life.

In an age when being busy is glorified, we have more roles, responsibilities and obligations than ever before, plus the modern pressures that come with social media and always being ‘switched on’, the need for women to retreat is higher than ever. Self-care is becoming more and more important and so too are things such as getting back to nature, being around other women, and taking time to simply be present in each moment.

This is why practices such as yoga, meditation, and even surfing are such a big part of the retreat – they bring us into the present moment. With the need for women to retreat becoming so important, we envision shorter retreats becoming quite popular, and also for retreats to become even more personalized as women all have unique goals and needs.

Find the full report here.

Photo credit: Escape Haven
Download Nulled WordPress Themes
Premium WordPress Themes Download
Download WordPress Themes
Download WordPress Themes Free
lynda course free download
download intex firmware
Premium WordPress Themes Download
free download udemy paid course
Facebook LinkedIn Instagram Twitter

‌‌The Luxury Conversation is a platform curated by Gusto Collective for luxury professionals to connect, share and discuss Asia’s luxury industry and its rapidly evolving affluent consumers.

Gusto Collective is Asia’s leading Brand Technology group – delivering best-in-class storytelling and immersive experiences powered by the latest technology. Gusto is a leader in determining the future of next-gen customer experiences that are increasingly operating within the spheres of AR/VR, the metaverse, NFTs and Web3. The company was founded in January 2020 by technology and marketing veteran Aaron Lau, a renowned business leader. It offers four core service specialisms: luxury brand management, a VR/AR experience platform, Web3 turnkey solutions and a metahuman marketing platform. Gusto Collective employs more than 170 full-time “Gustodians” across four offices in Hong Kong, Shanghai, Tokyo and London.  

The company has garnered widespread industry recognition as one of Forbes Asia’s 100 to Watch and as a TADs multi-award winner for excellence in NFT Innovations. Gusto Collective completed its seed plus fundraising in 2022 at US$23 million, with Animoca Brands and Gaw Capital leading the round.

To get in touch, email us at hello@luxuryconversation.com

  • Facebook
  • Twitter
  • Wechat
  • LinkedIn
  • Instagram
    • About
    • Privacy Policy

    © 2018 Copyright Luxury Conversation

    Download Premium WordPress Themes Free
    Download Nulled WordPress Themes
    Premium WordPress Themes Download
    Download WordPress Themes
    udemy free download
    download coolpad firmware
    Download Premium WordPress Themes Free
    ZG93bmxvYWQgbHluZGEgY291cnNlIGZyZWU=
    No Result
    View All Result
    • Home
    • About
    • Reports
    • Events

    © 2022 Copyright Luxury Conversation

    [quform id=”1″ name=”RSVP”]