Blog - November- 2008

 

November 11, 2008

Luxury Travel Barely Affected by The Economy Turmoil

As Wall Street shakes American’s pockets, the travel industry, especially in the luxury market, maintains a certain stability. There is a mixed effect that such turbulent times produce on our target audience. As the times get more difficult, the levels of stress tend to rise. The need for a “Stress Relieving Getaway” becomes more and more necessary to many people.

Since 2007 Ultimate Jet Vacations has grown, thanks to the support of our partner travel agencies around the country. These agencies have found our service to be a one stop shop for those clients looking to literally relax and get away from their day to day stress. These clients are taken care of from A to Z, allowing them to de-stress and enjoy their trip from the moment their limo picks them up at their home.

High end clients realize that flying commercial today takes away the core meaning and purpose of their vacation, “relaxation”.

When a client is embarking on an Ultimate Jet Vacation, they will be receiving 5-Star service from the moment they leave their home until they return. Onboard our flights, complimentary amenities, like catering and even an IPod Shuffle, to listen to their favorite music while flying, are details that will change a client’s mindset from “the economy is in turmoil” to “this is exactly what I needed”.

Ultimate Jet Vacation’s strategy emphasizes outstanding service, combined with competitive pricing that gives us an edge when compared to purchasing private air and luxury accommodations separately. Even though we don’t own or operate any of the aircraft ourselves, we do have contracts on specific aircraft at excellent rates, to fulfill the needs for the clients. That allows us to package private jet vacations at a competitive cost, include amenities that the end client would never be able to put together on their own, and pay the Travel Agent up to 12% commission on certain routes and packages.

Fortunately, our sales have shown a stability of growth, and we are confident that the luxury market is definitely the market sector that will feel the least affect by the current financial situation. Nevertheless, it is absurd to say that the market has not changed whatsoever. Our product is not geared to a majority of the population, but rather to that of the CEOs and Presidents of companies that want the highest of service at a good value. I believe this is why these clients will continue to approach their travel advisors for a vacation of this kind, maintaining a virtually stable purchasing trend.