NEW YORK, July 28, 2022 (GLOBE NEWSWIRE) — Questexit is Luxury Travel Advisor ULTRA Summitthe first event organized for buyers in the field of luxury travel, was successfully held from July 24 to 26 at Eau Palm Beach Resort & Spa in Manalapan, Florida.
The invitation-only event invites pre-qualified leading luxury travel agency owners and managers to meet one-on-one with top luxury travel suppliers. The event brought together 53 luxury advisors with 55 luxury suppliers and coordinated 1,300 one-on-one meetings, as well as engaged them in beautiful networking receptions both onsite at Eau Palm Beach, as well as at the exquisite PGA National Resort.
ULTRA Summit is known for its exceptional programming curated to provide attendees with the data and insights they need to make strategic business decisions that will ultimately impact their bottom line.
Ruthanne Terrero, Vice President/Head of Content, Questex Travel and Wellness Group opened the conference by presenting the State of the Industry, an annual report based on a pre-event survey distributed to advisors in attendance. Emerging new trends show that luxury travel has turned inward, towards travel focused on family and personal health. The top categories that have seen the fastest growth are health and wellness, domestic travel, and family travel. Post-pandemic inflation and stock market volatility did not show a significant impact on luxury travel spending. And in general, the survey shows the need for travel consultants.
A study of the luxury market was also presented by Steve Cohen, Managing Partner, Stelico Consulting Group in partnership with The Olinger Group and Jude Olinger, Founder and CEO, The Olinger Group.
Terrero said: “Travel is back and there’s no better time to bring back the leaders in luxury travel. This week, we learned about the importance of experiences, new opportunities for travelers, and emerging industry trends. It was wonderful to be back with the advisors and vendors at the beautiful Eau Palm Beach Resort & Spa to keep business moving forward.
Additionally, the event’s keynote speaker, Chris Ramey, President of Affluent Insights and The Home Trust International, offered attendees innovative ideas for capitalizing on the explosion of the luxury category.
Panel discussions were also featured where top advisors shared how they exceed expectations by asking clients the right kinds of questions; followed by an advisory think tank, which looked at new strategies for a new world.
One of the mainstays of the ULTRA conference – a pop-up session, where Terrero challenged the audience with a question to stimulate thought leadership and conversation. This year’s topic – what has been the most mundane experience in the luxury segment? Advisors and vendors shared inside secrets unique to various properties and destinations.
Sponsors for the event included: Cayman Islands, Eau Palm Beach & the Palm Beaches, Explora Journeys, Ireland Tourism, Silversea Cruises, Viking and Visit Monaco.
Luxury Travel Advisor also announced the winners of the prestigious Excellence Awards, which recognize companies considered to be the elite suppliers in the luxury travel category for the year. See the winners here.
For those interested in becoming a supplier at a future Ultra Summit, please contact our team. For those interested in applying to become a Hosted Advisor, please contact Andrea HutchinsonDirector of Industry Relations.
The date for the 2023 Luxury Travel Advisor ULTRA Summit will be announced in the coming weeks.
Questex helps people live longer, better lives. Questex brings people together in markets that help people live better: travel, hospitality and well-being; industries that help people to live longer: life sciences and health; and the technologies that enable and power these new experiences. We live in the experience economy – connecting our ecosystem through live events, surrounded by data insights and digital communities. We offer experience and concrete results. That happens here.
Group Marketing, Wellness & Travel Director