PRESIDENT ’ S NOTE
In this edition of The Compass magazine , we focus on luxury travel .
While researching the size of the luxury travel segment , I found a wide range of points of view . On the low end , some analysts size the luxury travel market at $ 8.5 billion while others value it at over $ 1 trillion . Regardless of which view you prefer , the luxury travel segment is sizable and I ’ m sure you have a share of the business .
I wasn ’ t overly surprised at the range of market size estimates because I doubt that there is an agreedupon definition of what makes a ‘ luxury ’ trip . Luxury is in the eye of the beholder . For some it ’ s a suite upgrade while others consider luxury a private jet , limousine transfer and butler service upon arrival to their cruise cabin suite .
The plethora of luxury travel experiences is certainly incredible : castles and villas , rail service across Europe , hot air balloons above the Serengeti , golf on the Monterey Peninsula , Galápagos Islands ’ small ship cruises and a stay in an ice hotel above the Arctic Circle come to mind .
My guess is that it ’ s unusual to have a client ask for any of these exotic trips . Most of the time you have customers looking to make a special occasion even more special with some luxury touches . This is where your travel advisory skills can truly shine . You can
John Ische PRESIDENT , TRISEPT SOLUTIONS John ’ s industry tenure spans more than three decades .
make every trip a luxury trip , a special trip , a memorable trip for your client .
Hopefully this edition of The Compass provides you with some inspiration on how to get your share of this incredible travel segment .
“ You can make every trip a luxury trip , a special trip , a memorable trip for your client .”
SUMMER 2022 / THE COMPASS / 9