Business

Luxury Spending Shifts to Experiences and Inheritourism

Updated 2026-06-25 14:25 UTC 1 source Neutral

A new report indicates that luxury spending is increasingly driven by experiences rather than goods, with a focus on 'inheritourism' trends.

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CNBC

Luxury spending now driven by experiences and 'inheritourism'

While luxury goods sales are expected to grow between 1% and 4%, experiences are on track for growth of between 3% and 7% this year, according to a new report.

2026-06-25 14:00 UTC