The Future is Not Economics but Happinomics

Why affluence doesn't make us happyThe first leading answer came from a 1958 book by economist John Kenneth Galbraith; "The Affluent Society." Galbraith argued that affluence allowed us to escape miserable lives of hunger and sickness and the social conflicts that stemmed from ...

The Religious or Not So Religious Tourist in 2030

currently accounting for 34% of arrivals. In 2004, 43% of international arrivals to Saudi Arabia were for pilgrimage or religious reasons, making pilgrimage the number-one reason for visits. Saudi Arabia is clearly out in front compared to other countries; even in Israel pilgrimage ...

Bridget Jones Goes On Holiday!

or even earlier, that is, during their student years. This backpacker market remains well catered for and continues to flourish because of demand from travellers in their late teens or early twenties. However, career-focused singles, with higher disposable incomes plus an intense ...

The Changing Meaning of Luxury

There is a growing tendency among consumers to believe they are entitled to have it all, and to live life by consuming what we might call 'luxury-snacks'. As Yeoman and McMahon-Beattie point out luxury has now become so democratic that it is ubiquitously for rent. You can rent ...