Professional Documents
Culture Documents
Belmond Brand Expansion Plan
Belmond Brand Expansion Plan
Luxury hotels are now expanding their horizon and focusing on all aspects of travel rather than just hotel stays. They
are trying to provide all luxury travelers with one place to visit to get all the travel essentials like cruises, safari, tours,
restaurants, etc. This will create a sense of ease for all travelers when selecting a hotel or destination to travel to.
We went across all the luxury hotels around the world. "Belmond" stood out in front of all the ones we researched.
Belmond comes under LVMH house and is known to be under the world's greatest travel adventures. Belmond
currently has 49 iconic hotels, river cruises, and trains in 24 countries.
Considering China to be the highest consumer of luxury, we decided of venturing into China as our global
geographical expansion. The Chinese travel market is the highest after the COVID pandemic. According to various
studies and research, we went through we finally categorized five locations in China for the expansion.
We will further put it down to one expansion in the Chinese Travel Market. These locations are selected according to
the various travel collection Belmond comprises of. Private Villas, Custom Local travel, and leisure packages are
current preferences of the traveler. They would still book a trip even if later they have to modify or cancel the trip.
Taking into consideration all these factors we came up with Belmond's expansion in the Chinese travel market.
GROUP MEMBER ROLES
Launched in 1982
Safety
Privacy
Customization
Hyperlocal connection
Flexibility
BRAND EXPANSION
In a recent American Express survey, 70% of
respondents are interested in cultural immersion and
taking a tour on future trips
Customer Segments
Leisure travelers Revenue Streams
Business travelers Suites
Weddings/Honeymoons Restaurants
Meetings/Events Spa
Tour packages
Event hosting
Distribution Channels
Official website
Online booking channels
Travel agents
Social medias
SITUATIONAL
ANALYSIS
S
Strengths
High customer satisfaction
Stable supply chain
Resourceful: Belmond was acquired by LVMH,
a luxury group whose significant collective
resources are a strong foundation.
Good financial capacity: The company is
committed to expanding and investing in its own
future and is in a strong asset position.
Social media: Belmond has a strong presence
on social media with millions of followers.
W
Weaknesses
High Costs: Belmond has very high costs for
service, sales, administration, etc.
Lack of Chinese assets: Although Belmond has
a large number of properties worldwide, it has
not developed the Chinese market.
Weak marketing concept: Although Belmond
has a large presence on social media, they
need a stronger marketing concept.
O
Opportunities
Expansion: Seeking to grow its hotel collection
in the world's major cities, as well as entering
new resort markets.
Chinese market: China travel reports show a
40% increase in tourist acceptance of luxury
hotels compared to previous years.
Trends: Belmond can capitalize on trends in the
hospitality industry to attract more consumers,
including the use of technology and
personalized experiences.
T
Threats
Industry competition: In addition to the high-end
brands already in the market, even within LVMH,
there is significant competition from hotels such
as Cheval Blanc.
Chinese market visibility: There are already
many high-profile competitors in the Chinese
luxury hotel market, and Belmond's entry will
increase competition.
Customer Loyalty: Customer loyalty will affect
Belmond's market expansion compared to other
hotels with greater brand recognition.
P E S
Political Economic Social
Taxation: tax rates and incentives Quality of infrastructure in the Culture: Brands need to
Wage legislation: minimum wage accommodation industry understand Chinese cultural
and overtime Type of economic system in the styles
The standard corporate income country of operation: the Demographics and skill levels:
tax rate is 25%; however, the proportion of luxury, mid-range China is the most populous
Chinese government has reduced and high-end, and economy in the country in the world, with a total
the tax rate to 15% for qualified Chinese hotel industry is about population of over 1.4 billion. This
businesses operating in industries 8%, 27%, and 65% is a huge consumer market. China
encouraged by the government. Unemployment rate: 5.5% has a literacy rate of 96.4%.
Inflation rate.
Interest rate
T E L
Technological Environmental Legal
The latest technological Climate Change Labor Law: The Labor Law of the
developments and breakthroughs Environmental Pollution People's Republic of China, the
from competitors. Based on the Regulations Labor Contract Law of the
heavy impact of covid-19 on the Air and water pollution regulations People's Republic of China, and
hospitality industry, most hotels for the lodging industry various administrative regulations
are developing zero-touch China's rapid economic regulate labor standards,
technologies that allow them to development has had a serious employee compensation and
build platforms that not only impact on its natural environment, benefits, labor disputes, and
collect data related to the stay and the Chinese government has other related issues.
experience, but also provide taken a number of measures to Health and safety law
personalized services to address environmental issues Data protection
travelers, in addition to online
check-in, digital keys and other
mobile services.
TREND
ANALYSIS
LUXURY
TRAVEL
TRENDS
The global luxury travel market is anticipated to hit nearly $1.2
trillion by 2027, growing at a steady rate of 11% between 2021
and 2027
Threat of Local luxury property owners could take advantage of long term rental options like Airbnb,
Moderate VRBO, or more to offer a unique and private luxury stay for guests. They would be able to easily
substitutes offer a custom travel opportunity with more flexibility than a brand new hotel to the region.
Bargaining Customers who are loyal to the luxury brand with disposable income will likely remain loyal and
Moderate travel to the brand's many locations. The hotel industry is driven by a customer's experience,
power of patronage, and point of view. Social media and reviews can ultimately help or harm the hotel.
customers
PORTER'S FIVE
FORCES
Bargaining The pandemic has stunted the supply chain in many industries, delaying many projects. Being
High based in China would likely expedite the process since the goods don't have as far to travel to
power of the new hotel site. This could ultimately increase overall hotel costs forcing higher rates.
suppliers
Competitive There are over 200 existing 4 & 5 star hotels in the region today. Perhaps when Belmond enters
Moderate the region, the competitors would step up their amenities, service, and offer packages to
rivalry compete with the new local threat. Belmond is ultimately a brand that can't be easily replicated.
PORTER'S FIVE
FORCES
INDUSTRY BEST
PRACTICES
PRIVATE VILLAS
It is the first global luxury hospitality brand to have undertaken this ongoing third-
party testing
A Belmond Hotel in Brazil's Iguassu National Park supports an ecology school and a
project to protect Jaquar and Pumas.
Belmond Boat in Myanmar has helped open 20 schools and clinics along their route.
THE GIFT CARD
This gift card is considered to be the future
joy in the wonderful world of Belmond.
FACTORS FOR
Venture into new destination
BELMOND China is an unexplored center in terms f luxury
travel hence expanding Belmond into the hub of
EXPANSION IN
Luxury consumers would be an advantage.
The spending power of the Lijiang luxury hotel market will help
Belmond to enter the Chinese market.
CONSUMER
LIFESTYLE
ANALYSIS
LIFESTYLE SEGMENTATION
Demographics
20-45 years old
All genders
High-net-worth individuals
Upper class
With significant disposable income
Educated & cultured
Activities
Health and wellness: spas, specialty
foods and services
The outdoors: skiing, boating, fishing
Sports: golf, tennis, baseball
Travel: luxury and exclusivity
Socialize: club membership
Business
Shopping
Philanthropy
Volunteering
Interests
Real estate
Technology:
⦾ Millennials account for approximately 30% of
luxury consumers
⦾ Earn money through technological innovation
Art collecting
Music
Wine tasting
Collecting cars
Family time
Opinions
Politics: many work to change policy
Education: innovative ideas
Finance: use their money to make
more money
Business: investments or side
businesses
Cultures: respect for different cultures
CONSUMER
BEHAVIORAL
ANALYSIS
BEHAVIORAL
ANALYSIS
Consumer Type
Individual travelers
Business / bleisure travelers
Event attendees
Families
Health and wellness travelers
Psychological Needs
Travel for the purpose of learning about the customs of different
places and finding an exceptional experience
To relax by appreciating the wonderful scenery and experiencing the
excellent services through spiritual experience
Recuperate in a scenic location for the purpose of improving physical
health
Companies want to highlight their image through the choice of hotels
Looking for self-respect, recognition and social-status
Purchase decision
Belmond has an exclusive selection of offers
Belmond has events in some of the world's most impressive destinations
Stylish ways to celebrate events
Spa packages offer unparalleled indulgence
Personal service that can be delivered from the heart
Create unforgettable occasions to enjoy experiences beyond imagination
Experience elegant adventure and luxurious service
Hotel sustainability
For health and safety assurance
Post-purchase behavior
Ability to follow up on the booking status and needs of target customers
in a timely manner
Quick resolution of customer complaints
Belmond's ability to deliver an experience that exceeds expectations
Customer loyalty and satisfaction is the key to repeat purchases
Increase customer lifetime value by purchasing additional products
Enhance the experience through customer feedback to build long-term
relationships
COMPETITIVE
ANALYSIS
GLOBAL MARKET
Expensive
Less Expensive
COMPETITIVE ANALYSIS - GLOBAL
As of 2020, they have about 210 hotels all across the globe.
As of 2020, they have about 108 hotels all across the globe. They are further planning to open around 46 more hotels.
As of 2020, they have about 124 hotels and resorts all across the globe.
Less Expensive
COMPETITIVE ANALYSIS - LOCAL
Jinmao Purelax
Mountain Hotel Banyan Tree Lijiang Amandayan Lijiang
JINMAO PURELAX MOUNTAIN HOTEL
The hotel has around 305 spacious and warm rooms, suites, and private villas.
It provides a pleasant stay in Lijiang for those traveling for business or leisure.
The room availability is not present the hotel is heavily booked for the next few
months.
BANYAN TREE LIJIANG
Banyan Tree Hotel comes under UNESCO world heritage site and takes booking
of only essential travels and stays.
It is located on the foot of Jade Snow Dragon Mountain and about 2,400 mt.
above sea level.
The architecture of the hotel is inspired by the Naxi style as it is a part of the
Nakhi Kingdom.
The hotel has around 139 spacious and warm rooms, suites, and 19 private villas.
Amandayan Luxury Hotel and Resort is a part of the Aman Resorts Group which has
about 4 more stays in the nearby location.
It is set atop of Lion Hill above the lanes of Lijiang's UNESCO-protected Old Town.
The Belmond app provides Guests can customize their hotel Connect guests with locals for
keyless entry throughout the room by selecting lighting, scent, hyperlocal tours and community
hotel grounds and music channels in their rooms connection
Rooms come equipped with Concierge services can provide Provide instagram-worthy settings
smart lighting to match a guest's guests with curated itineraries for travelers to set up
needs throughout their stay and booking based on their unforgettable shots for their
AI assistants allow guests to feel specific passions travel content
at home and gather instant Guests can create a Belmond On-call photographer provides
information about the hotel and profile in advance of trip so the exclusive photoshoots on
city through voice control hotel can accommodate their grounds and throughout the city
Free highspeed wifi and preferences from pillows to for individuals, couples, and
increased speed wifi packages planning photoshoots families to capture lasting
available for telework memories
KEY FACTORS
Guest Quarters Bleisure Flexibility Retail
Guests have the option to stay in: Guests who book ahead for Guests can shop retail items
Standard rooms extended stays (over 7 days) can across the LVMH portfolio. An on-
Bleisure rooms: dedicated work receive exclusive housing and site stylist can curate items to fit
space equipped with standing dining bundles specific taste and have garments
desk and halo lighting to allow for Easily book polished conference custom tailored during a guests'
seamless, professional video rooms for important board stay
conferencing meetings Guests can also shop limited
Deluxe rooms with private jacuzzi Attend Belmond business edition items exclusive to the
Multiple tiers of suites for groups networking events to boost Lijiang location
Private Villas surrounded by international professional and
nature for ultimate privacy social networks
Part 4
Value Proposition and
Marketing Mix
BRAND
EXPANSION
CHARACTERISTICS
The Standard of Luxury
A pioneer in the luxury travel industry, Belmond was acquired by
LVMH in April 2019, cementing its leadership in the international
luxury hotel industry. Although Belmond is not as well known in
Asia as other luxury hotel groups, it is a shining presence in
Europe and the US, representing prestige and taste. As a model
of excellence for luxury brands, LVMH is committed to
promoting the art of elegant living and delivering true value
experiences. Belmond's expansion in Lijiang will continue its
brand spirit under the leadership of LVMH, based on cultural
heritage, exquisite craftsmanship, and sincere service.
CHARACTERISTICS
Property Ownership
As the industry's leading luxury brand, Belmond owns and
manages properties in 24 countries, including the famous luxury
train Venice Simplon-Orient-Express, intimate beach resorts
such as Cap Juluca in Anguilla, and Splendido in Portofino, Italy.
Whether it's a luxury train, cruise, safari or luxury hotel, each of
Belmond's properties tells a unique story. Building on its
previous experience in historic real estate acquisitions and
backed by LVMH's strong financial resources, Belmond will
acquire a historic building in Lijiang and give it a new lease on
life by upgrading and repositioning it.
CHARACTERISTICS
Unique Location
In 2020, Belmond announced its new Chinese name " 贝梦德 "
(Bei Meng De), which means dream and virtue, reflecting the
brand's desire to create unique travel experiences that present
natural treasures and human heritage in the most enchanting
and stunning places. The expansion in Lijiang will strengthen
Belmond's presence in China, which is not only characterized by
its human customs and culture, but also by its unique natural
beauty. Belmond will provide Chinese tourists with more unique
experiences in modern and traditional Naxi architecture,
supporting the Group's long-term strategic development goals
and intentions for the Chinese market.
CHARACTERISTICS
Private & Exclusive Experiences
Belmond has long been known for providing guests with rare
and unparalleled travel experiences, and with the resurgence of
travel in the wake of the pandemic, guests will place a greater
emphasis on the security and privacy of travel. Belmond's
expansion in Lijiang will continue to provide guests with the
most intimate and relaxing resort spaces, such as spa suites
with views of the Jade Dragon Snow Mountain, private guides to
explore the ancient city of Lijiang, and a separate courtyard for
private events for guests to enjoy.
VALUE
PROPOSITION
PRODUCT
Dining
Belmond Lijiang offers guests a variety of dining options
Services
Massage
Facials
Saunas
Sound Baths
Guided Meditation
Beauty services
Key Activities
Discover Lijiang
Natural wonders
Colourful festivals
Daily cultural experiences
Gateway to Shangri-La
Explore Jade Dragon Snow Moutain
VALUE PROPOSITION
This new expansion will enable luxury leisure travelers to experience a new enchanting destination in
Lijiang, China
by offering the signature Belmond luxury hotel service, rooms equipped with cutting-edge hospitality
technology, customizable amenities and excursions, leisure flexibility and work settings, and private
villas for relaxation.
Gain Creators
Enjoy the same consistent luxury experience Belmond offers
across its 46 locations in a new enriching environment. Our
new location in China allows our guests to visit a new country
the Belmond way with personalized care and curated
Gain Creators
excursions. Enjoy the sacred grounds, serene nature, and
local faire within Lijiang and return to the hotel grounds to
your private oasis for rest and restoration.
Pain Relievers
Hand all your worries over to Belmond. The hotel offers a
pre-stay questionnaire to learn about guest needs and
preferences to build guest profiles and allow guests to relax
into vacation mode. Belmond can provide hands-on service
and recommendations like local guides based on specific
preferences or contactless service via the private messaging
app for all guest needs and desires.
Gains
Guests staying at the new hotel will be immersed in
unforgettable enriching experiences exploring a new
Belmond property and city in China. Guests will interact with
a new cutting-edge hotel, receive the reliable outstanding
brand experience, and capitalize on exclusive location
amenities and offers.
Gains
Pains
Staying in a new luxury hotel comes with a high price tag.
China has been one of the most conservative countries in
terms of COVID restrictions so there is a chance guests will
need to reschedule trips or extend stays due to surge- Customer Jobs
Less Expensive
Banyan Tree Lijiang
Belmond Lijiang
Amandayan
InterContinental
Lijiang Ancient
Town Resort
DISTANCES
Jade
Tiger
Snow
Leaping
Mountain
Gorge
Belmond Hotel is known for its unique interiors and architectural style influences it takes from local culture,
heritage, and designers.
They focus and various experiences like safari, cruises, etc. as this helps in elevating the stays for their
luxury consumers.
Savute Elephant Lodge Malevich Presidential Suite
The tented oasis is present in the heart of This presidential Suite in Belmond Hotel,
Chobe National Park. It was refurbished in 2018 Petersburg is crafted by Russian avant-garde
by Belmond taking references from artist Kazemir Malevich. The artist is known for
surroundings. The sustainable design includes bold and geometric abstract art.
eco-friendly bamboo decking and functions on
a 95% solar grid system.
THE UNIQUE SELLING POINT OF LIJIANG
Lijiang is composed of the new and the old town. The old town of Lijiang is listed under UNESCO.
The ancient town has no peculiar wall, a feature which makes it much different from the rest of the Chinese
Provinces.
Every house is surrounded by rivers and drooping poplars as the Yuquan River is divided into 3 main streams and
further into various canals.
This place is still one of the most popular Chinese destinations in Southwest China.
Lijiang is heavily influenced by the lifestyle of Naxi people and they were said to be yak herders which is the symbol
of this place now.
Jade Dragon Snow Mountain is just a drive away from where the beauty of the whole valley and glaciers can be seen.
Belmond Hotel, Lijiang
The ultimate travel curator and connoisseur, Belmond creates exceptional luxury
travel experiences in Lijiang, China. Lijiang, an old UNESCO heritage town will now
be a part of Belmond's chain of hotels and resorts.
Let's experience the beauty of the Jade Dragon Snow Mountain from the windows of
our artsy "Home Suite Home" escape, built-in Naxi architectural style.
MARKETING MIX
PLACEMENT
Room Restaurant
Room prices will fluctuate The hotel will open 2-3 in-house
depending on the location and restaurants based on different
layout of the room, and are cuisines, and the menu will change
roughly divided into basic suites, every 2 to 3 months according to
mountain view suites, river view the season and seasonal
suites, and high-end suites, with ingredients.
prices ranging from $800-$3000 The price per person is $200-$300
(RMB5500-20000) (RMB1400-2100)
Prices may go up or down
depending on the season and
holidays
PROMOTION
Platform
Based on China's unique internet ecosystem,
promotion platforms will not only be limited to
Instagram, Tik-Tok, and Twitter. Weibo, WeChat,
Xiaohongshu, and other platforms will be the main
platforms to promote to the Chinese market
Specific Operation
The official account will update 1 to 2 posts per
week for promotion, and strengthen promotion
during peak travel seasons such as holidays,
promotion content includes but is not limited to:
Hotel services
Environment and scenery
Unique activities
Social Media Promotion
The Belmond Hotel will be promoting stays in Lijiang heavily through
Instagram and Weibo but will not just be restricted to those platforms.
This will help the brand reach a wider audience.
Instagram travel influencers from China and across the globe who are
currently traveling in Asia will be invited for a small duration of stay (2-3
days) for them to film content and click shots to promote the hotel's
grand opening on their respective accounts on social media handles.
Instagram Xiaohongshu
CONTRACTS AND APPROVALS
BELMOND SUPPLIER CODE OF CONDUCT
Belmond Ltd. and its subsidiaries and affiliates are a
member – or “Maison” – of the LVMH Group and as
such, attach great importance to ensuring that our
suppliers, agents, and partners share with the
Belmond Group (and wider LVMH Group) a set of
common rules, practices, and principles with
respect to ethics, social responsibility and Belmond
protection of the environment. Hotel
Lijiang
Content including
Labour and Human Rights Roeland Vos
2020/7/29
Business Integrity
Health and Safety
Environmental Sustainability
Protecting Local Communities
Business Continuity Planning
Controls, Inspection, and Audit
Supplier Grievance Mechanism
Reporting Violations
Food & Beverages Front Office & Housekeeping Spas Maintenance &
Guest Relations Engineering
Belmond currently has about 2.250 employees all over the world.
Europe: 903
South America: 557
North America: 472
Asia: 175
Africa: 143
Australia: 7
As Belmond is newly venturing into the China market hence, they will prefer the
recruitment of diverse professionals on the top management who have been
working with Belmond as it will help them retain the brand identity in the new
market segment.
FURNISHINGS
The restaurant has modern furnishings with velvet, cane, blue and white porcelain, and brass details
FURNISHINGS
Guest rooms have modern luxury details: Egyptian cotton bedding, cane arm chairs, sleek table lamps, and chic stools
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