Challenges in Emerging Research on Luxury Destinations

Challenges in Emerging Research on Luxury Destinations

Since the end of the Cold War, many of the economies in the world have proceeded with market reforms and integrated into the world economy by spurring domestic free enterprise, promoting openness to foreign direct investments and intensifying international trade. All these have resulted in a general uplift of income levels and dynamic changes in many destinations such as Singapore, Dubai, Bangkok, Kuala Lumpur and Ho Chi Minh City to name a few. Over the last two decades, there has been sporadic but steady growth of literature focusing on luxury consumption and destination development. This brief editorial examines challenges of conducting research on luxury destinations while exploring opportunities for research in three key areas: travel consumption patterns, destination policies, and comparative studies.