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Bangkok tops "Luxury on a Budget" list
6th Jun 2022
Money.co.uk conducted a study that looked at the average costs of luxury travel components such as 5-star hotels, spa hotels, Michelin-starred dinners, and luxury car rentals in the world's most popular cities to find the cheapest luxury travel locations.
Bangkok is the most cost-effective location for luxury tourism. The capital was the most affordable city for luxury automobile rentals, as well as Michelin-starred meals and 5-star hotel stays.
Second place goes to Brussels, Belgium, which was reasonably priced across the board, especially when it came to a five-star hotel and luxury car rental. Brussels, which is famous for its chocolate, beer, and museums, is the least expensive of these European cities.
Verona, Italy, came in third place as another European destination. When it comes to booking a spa hotel, Verona has the second-lowest average cost.
There is good news on the global travel rebound in 2022.
The International Civil Aviation Organization's (ICAO) latest analysis of global air traffic shows clear signs of a strong worldwide rebound in air traffic. This rebound is marked by increased carrier confidence and a number of regional air connectivity and air travel facilitation improvements.
From January to April of this year, there were 65 percent more passengers on planes than during the same time in 2021, and there were 30 percent more planes taking off.
Airline seat capacity increased by 32% during the same period, and ICAO expects a faster overall rate of recovery this year than last, owing to continued favourable conditions for increased air travel demand.
Domestic seat capacity in North America and Latin America/the Caribbean has since recovered to pre-pandemic levels, as has domestic seat capacity in other large domestic markets such as India, Australia, Brazil, and Mexico. In the meantime, intra-European seat capacity is also on the rise.
Total seat capacity within and between North America, Europe, the Middle East, South-West Asia, and Latin America/Caribbean is predicted to recover to, or closely approach, pre-pandemic levels by the end of 2022.
The recovery pace in the Asia and Pacific and Africa sectors is slower, with full seat capacity predicted in Asia and Pacific by 2023-24 and Africa by 2024-25.
