What do luxury travellers want? Preferred releases first “Luxury Travel Report”

Preferred Hotels & Resorts has released its first-ever Luxury Travel Report — a luxury consumer trends study developed in partnership with The Harris Poll.

The findings affirm that a desire for travel remains robust, with luxury travellers planning an average of eight leisure trips this year — including three international journeys — and over half expecting to spend more on travel than in 2024, the report says. 

The report also reveals that today’s affluent travellers are investing not just money but meaning into their journeys.

“Luxury travellers seek immersive, curated experiences that feel personal and enduring— avoiding generic, mass-produced offerings in favour of authenticity and emotional connection,” the report says.

Five emerging trends

The report identifies five “emerging forces” in travel that are signaling a new era of expectations:

The “beige-ification” of travel – a wake-up call

Luxury travellers are turning away from sameness in design, service, and experience—nearly 70 per cent say modern luxury hotels have “lost their soul to standardization.”

The rise of “dupe culture” and algorithm-driven itineraries has fuelled a wave of “destination disillusionment,” where cities and stays feel indistinguishable, the report says.

Today’s affluent traveller craves “the unrepeatable”: places that excite, environments that surprise, and experiences rooted in individuality.

Nearly three-quarters say they won’t pay for luxury accommodations that feel generic.

Legacy moments = the new luxury currency

Luxury is less about accumulation – “it’s about transformation,” the report says.  

Today’s affluent seek rare, authentic experiences that fundamentally shift their worldview and create lasting memories.

Over four-in-five say that insider connections unlock the most unforgettable travel moments and 64 per cent prefer to navigate a destination with advice from locals rather than AI-driven concierge services and digital guides.

Curation is the new standard

Curation is now as essential as five-star service. Over 90 per cent of luxury travellers say the best journeys feel effortless yet are expertly crafted, with 89 per cent expressing interest in seeing local charm reflected in hotels, the report says.

Travel advisors are also the new power brokers, with 84 per cent of survey respondents agreeing that a trusted travel advisor is more valuable than unlimited internet research.

Heritage is the new frontier

Luxury travellers don’t want to just observe history – they want to be part of it.

Over 90 per cent seek experiences that immerse them in history and culture, favouring heritage-rich stays.

Additionally, with 71 per cent planning multi-generational trips in 2025, demand continues to rise for spacious accommodations that foster connection to each other and their own family roots.

Loyalty programs are lifelines to consistency & customization

Amid economic pressures and rising costs, loyalty has become more valuable than ever. For 82 per cent of luxury travellers, loyalty programs are very important to ensuring hotel quality, while nearly two-thirds say a great past stay drives repeat bookings.

Today’s loyalty isn't transactional — “it's deeply personal, driven by human touch, customization, and consistent excellence,” the report says.

Lindsey Ueberroth, CEO of Preferred Hotels & Resorts, says the report “deepens our understanding of the ever-evolving desires of luxury travellers, which is a critical step in reinforcing authenticity and spotlighting the unique, curated experiences that can be found throughout our global portfolio.”

“We are guided by an ethos that celebrates an independent spirit, transformative experiences, and we remain committed to delivering authentic, memorable stays through our ‘Believe in Travel’ ideology,” Ueberroth said in a press release. “Through the report, we hope to inspire meaningful experiences that resonate with the luxury travel set.”

The Luxury Travel Report was conducted by The Harris Poll on behalf of Preferred Hotels & Resorts from February to March, 2025, among over 500 affluent U.S. travellers.

Respondents met criteria including an annual household income of more than $250,000, at least $1 million in total assets, and a minimum spend of $10,000 on leisure travel annually.

See the full findings of The Luxury Travel Report here.

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