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Year 2020, Volume: 2 Issue: 2, 62 - 70, 29.10.2020

Nikolaos Trihas , Georgia Panagiotaki Anna Kyriakaki

Abstract

References

  • Bakker, M. (2005). Luxury and tailor made holidays. Travel & Tourism Analyst, 20, pp. 1-47.
  • Brenner, L., & Aguilar, A.G. (2002). Luxury Tourism and Regional Economic Development in Mexico. The Professional Geographer, 54 (4), pp. 500-520.
  • Chen, A., & Peng, N. (2014). Examining Chinese consumers’ luxury hotel staying behavior. International Journal of Hospitality Management, 39, 53-56.
  • CPP Luxury (2019). Global luxury tourism market reaches US$831 billion in 2019 with an expected growth of 7.3% until 2023. https://cpp-luxury.com/global-luxury-tourism-market-reaches-us831-billion-in-2019-with-an-expected-growth-of-7-3-until-2023/
  • D’ Arpizio, C., Levato, F., Prete, F., Del Fabbro, E., & de Montgolfier, J. (2019). Luxury Goods Worldwide Market Study, Fall-Winter 2018, Bain & Company.
  • Demir, C., & Saribas, O. (2014). Luxury Tourism in Turkey. International Journal of Contemporary Economics and Administrative Sciences, 4 (1-2), pp. 1-20.
  • Dubois, B., Czellar, S., & Laurent, G. (2005). Consumer segments based on attitudes toward luxury: Empirical evidence from twenty countries. Marketing Letters, 16, pp. 115-128.
  • Dykins, R. (2016). Shaping the Future of Luxury Travel. Future Traveller Tribes 2030, Amadeus – Tourism Economics.
  • Hallott, A. (2013). The future potential for developing luxury tourism and hospitality in Lapland. Haaga-Helia University of applied sciences, Helsinki.
  • Hayes, A. (2020). High-Net-Worth Individual (HNWI) https://www.investopedia.com/terms/h/hnwi.asp
  • Kapferer, J. (1997). Managing luxury brands. Journal of Brand Management, 4, 251-259.
  • Kemp, S. (1998). Perceiving luxury and necessity. Journal of Economic Psychology, 19 (5), 591-606.
  • Novotna, M., & Kunc, J. (2019). Luxury tourists and their preferences: Perspectives in the Czech Republic. Tourism: An International Interdisciplinary Journal, 67 (1), pp. 90-95.
  • Park, M.K. (2000). Social and Cultural Factors Influencing Tourists’ Souvenir-Purchasing Behavior: A Comparative Study on Japanese “Omiyage” and Korean “Sunmul”. Journal of Travel & Tourism Marketing, 9 (1-2), pp. 81-91.
  • Park, K.-S., & Reisinger, Y. (2009). Cultural differences in shopping for luxury goods: Western, Asian and Hispanic tourists. Journal of Travel & Tourism Marketing, 26 (8), pp. 762-777.
  • Park, K.-S, Reisinger, Y., & Noh, E.-H. (2010). Luxury Shopping in Tourism. International Journal of Tourism Research, 12 (2), pp. 164-178.
  • Sukmawati, N.R., Ernawati, N., & Nadra, N.M. (2018). Luxury Tourism: A Perspective of Facilities and Amenities. International Journal of Applied Sciences in Tourism and Events, 2 (1), pp. 32-37.
  • Trihas, N., & Konstantarou, A. (2016). Spa-goers’ Characteristics, Motivations, Preferences and Perceptions: Evidence from Elounda, Crete. AlmaTourism – Journal of Tourism, Culture and Territorial Development, 7 (14), 17-38.
  • Trihas, N., Zouganeli, S., & Antonaki, M. (2012). TV-induced Tourism in “The Island” of Spinalonga. International Conference on Tourism (ICOT2012) “Setting the Agenda for Special Interest Tourism: Past, Present and Future”, 23-26 May, Archanes, Crete, Greece.
  • Vigneron, F., & Johnson, L.W. (2004). Measuring perceptions of brand luxury. Journal of Brand Management, 11, 484-506.
  • Xenia (2008). Luxury Tourism. World Trends – Prospects for Greece (in Greek). Athens: Xenia.
  • Yu, H., & Littrell, M.A. (2003). Product and Process Orientations to Tourism Shopping. Journal of Travel Research, 42 (2), pp. 140-150.

Insights into Luxury Tourism: The Case of Elounda, Crete

Year 2020, Volume: 2 Issue: 2, 62 - 70, 29.10.2020

Nikolaos Trihas , Georgia Panagiotaki Anna Kyriakaki

Abstract

Luxury tourism is one of the fastest-growing market segments in the hospitality and tourism industry. Luxury tourists are undoubtedly the target of many tourism businesses worldwide, as evidenced by the large investments made in recent years especially in the private sector, while the competition between luxury tourism destinations has been particularly intense. Elounda is one of the most popular tourist destinations in the world for luxury vacations, having the largest concentration of 5-star hotels in Greece. The aim of this research is to investigate the current status and the characteristics of luxury tourism development in Elounda, as well as the prospects for the future. In order to meet the above objective, a qualitative research was conducted using semi-structured, in-depth interviews with the managers of nine 5-star hotels in Elounda. Findings and discussion of this study are useful to tourism professionals, academic researchers and other stakeholders interested in luxury tourism.

Keywords

luxury tourism 5-star hotels Crete Greece

References

  • Bakker, M. (2005). Luxury and tailor made holidays. Travel & Tourism Analyst, 20, pp. 1-47.
  • Brenner, L., & Aguilar, A.G. (2002). Luxury Tourism and Regional Economic Development in Mexico. The Professional Geographer, 54 (4), pp. 500-520.
  • Chen, A., & Peng, N. (2014). Examining Chinese consumers’ luxury hotel staying behavior. International Journal of Hospitality Management, 39, 53-56.
  • CPP Luxury (2019). Global luxury tourism market reaches US$831 billion in 2019 with an expected growth of 7.3% until 2023. https://cpp-luxury.com/global-luxury-tourism-market-reaches-us831-billion-in-2019-with-an-expected-growth-of-7-3-until-2023/
  • D’ Arpizio, C., Levato, F., Prete, F., Del Fabbro, E., & de Montgolfier, J. (2019). Luxury Goods Worldwide Market Study, Fall-Winter 2018, Bain & Company.
  • Demir, C., & Saribas, O. (2014). Luxury Tourism in Turkey. International Journal of Contemporary Economics and Administrative Sciences, 4 (1-2), pp. 1-20.
  • Dubois, B., Czellar, S., & Laurent, G. (2005). Consumer segments based on attitudes toward luxury: Empirical evidence from twenty countries. Marketing Letters, 16, pp. 115-128.
  • Dykins, R. (2016). Shaping the Future of Luxury Travel. Future Traveller Tribes 2030, Amadeus – Tourism Economics.
  • Hallott, A. (2013). The future potential for developing luxury tourism and hospitality in Lapland. Haaga-Helia University of applied sciences, Helsinki.
  • Hayes, A. (2020). High-Net-Worth Individual (HNWI) https://www.investopedia.com/terms/h/hnwi.asp
  • Kapferer, J. (1997). Managing luxury brands. Journal of Brand Management, 4, 251-259.
  • Kemp, S. (1998). Perceiving luxury and necessity. Journal of Economic Psychology, 19 (5), 591-606.
  • Novotna, M., & Kunc, J. (2019). Luxury tourists and their preferences: Perspectives in the Czech Republic. Tourism: An International Interdisciplinary Journal, 67 (1), pp. 90-95.
  • Park, M.K. (2000). Social and Cultural Factors Influencing Tourists’ Souvenir-Purchasing Behavior: A Comparative Study on Japanese “Omiyage” and Korean “Sunmul”. Journal of Travel & Tourism Marketing, 9 (1-2), pp. 81-91.
  • Park, K.-S., & Reisinger, Y. (2009). Cultural differences in shopping for luxury goods: Western, Asian and Hispanic tourists. Journal of Travel & Tourism Marketing, 26 (8), pp. 762-777.
  • Park, K.-S, Reisinger, Y., & Noh, E.-H. (2010). Luxury Shopping in Tourism. International Journal of Tourism Research, 12 (2), pp. 164-178.
  • Sukmawati, N.R., Ernawati, N., & Nadra, N.M. (2018). Luxury Tourism: A Perspective of Facilities and Amenities. International Journal of Applied Sciences in Tourism and Events, 2 (1), pp. 32-37.
  • Trihas, N., & Konstantarou, A. (2016). Spa-goers’ Characteristics, Motivations, Preferences and Perceptions: Evidence from Elounda, Crete. AlmaTourism – Journal of Tourism, Culture and Territorial Development, 7 (14), 17-38.
  • Trihas, N., Zouganeli, S., & Antonaki, M. (2012). TV-induced Tourism in “The Island” of Spinalonga. International Conference on Tourism (ICOT2012) “Setting the Agenda for Special Interest Tourism: Past, Present and Future”, 23-26 May, Archanes, Crete, Greece.
  • Vigneron, F., & Johnson, L.W. (2004). Measuring perceptions of brand luxury. Journal of Brand Management, 11, 484-506.
  • Xenia (2008). Luxury Tourism. World Trends – Prospects for Greece (in Greek). Athens: Xenia.
  • Yu, H., & Littrell, M.A. (2003). Product and Process Orientations to Tourism Shopping. Journal of Travel Research, 42 (2), pp. 140-150.
There are 22 citations in total.

Details

Primary Language English
Subjects Tourism (Other)
Journal Section Peer-reviewed Articles
Authors

Nikolaos Trihas 0000-0001-9084-4036

Georgia Panagiotaki This is me 0000-0002-0656-120X

Anna Kyriakaki This is me 0000-0001-6792-2876

Publication Date October 29, 2020
Submission Date June 11, 2020
Acceptance Date August 24, 2020
Published in Issue Year 2020 Volume: 2 Issue: 2

Cite

APA Trihas, N., Panagiotaki, G., & Kyriakaki, A. (2020). Insights into Luxury Tourism: The Case of Elounda, Crete. Journal of Tourism Leisure and Hospitality, 2(2), 62-70.
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