The changing behaviours of luxury consumption

The changing behaviours of luxury consumption

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Article ID: iaor20111523
Volume: 10
Issue: 1
Start Page Number: 47
End Page Number: 50
Publication Date: Jan 2011
Journal: Journal of Revenue and Pricing Management
Authors:
Keywords: yield management
Abstract:

Consumers have cultivated a healthy appetite for luxury in their lives but as we move forward how are consumer behaviours changing towards luxury? This short article highlights a number of trends that have risen to prominence in the last 2 years as a result of the Global Financial Crisis and whether it is mercurial consumption or luxury for rent.

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