In a post-pandemic world, one luxury has emerged as a priority as well as a privilege: travel. While spending on art and cars has softened somewhat, per last year’s luxury report from Bain & Company and Altagamma, those funds have been reassigned to experiences, with outlays up across the sector: on private jets (+11 percent), on high-end hospitality (+7 percent), and on luxury cruises (+12 percen...
