Published on 11 May 2024 on Insider Monkey via Yahoo Finance
50 Most Glamorous Cities in the World
In this article, we will present the 50 most glamorous cities in the world using a macroeconomics approach. To skip our detailed analysis of the global luxury and leisure travel industries in 2024, go directly and see 10 Most Glamorous Cities in the World.
The Highs and Lows of Luxury Travel: A Closer Look
As tourism demand continues to reclaim its pre-pandemic position in many of the most glamorous cities in the world, leisure travel has made a much faster recovery than business traffic. The clear divergence between the two categories has a substantial influence on the nature of monthly passenger demand. This is primarily owing to the fact that leisure travel is much more closely dependent on seasonal fluctuation in many of the most beautiful cities in the world- with peaks and dips corresponding in perfect lockstep with the Northern Hemisphere's summer and winter cycles, respectively. As a result, major players in the luxury travel industry like Hilton Worldwide Holdings Inc. (