With the world economy poised to regain momentum this year and the penchant
among wealthy consumers to spend on travel and gourmet food and wine rather than clothes and accessories, the future is bright for high - end hospitality.
Not exact matches
This group of super spenders is expected to see its population double over the next five years to 100 million households, and as an economic force they are poised to eclipse the impact of rising but less -
wealthy consumers: Their consumption is currently growing at 17 percent a year, compared to just 5 percent
among emerging - middle - class and middle - class
consumers.
The Chicago Tribune reports that the American Affluence Research Center took a poll
among the
wealthiest 10 percent of Americans and found that
among the 11 million households representing about half of all
consumer income in this country, plans to reduce spending will mean a softness in the sale of new motor vehicles in the next 12 months.
Among consumers in
wealthy countries, those in Great Britain, Germany and Australia each have a Greendex score of 50.2, those in Spain register a score of 50.0 and Japanese respondents 49.1.