The stately home in Britain is place where many people visit in the summer months, you only have to visit palaces for example Blenheim and Kensington Palace, to see great British heritage.
Today’s new stately homes are the luxury hotels, where owners from abroad in many instances are opening palaces of splendour to show off their private art collections and sculptures and their own personal luxury. This is not just in Britain, but also in America and in Las Vegas has some of the most luxurious hotels in the world from the Bellagio with its singing fountains, originally owned by Mr Las Vegas Steve Wynn, to his new creation the Encore and The Wynn on the Strip, of extreme opulance. Four Seasons Florence is located in a stately home, Four Seasons Budapest, Gresham Palace, has been carefully restored with help from master craftsmen, using original glass and slates. In London, the Corinthia is located in the former Metropole Hotel building, for a number of years was the Ministry of Defence building, to the very special home of Art Deco, Claridges
With many of the buildings which are listed architecture and design of areas have to be preserved.
Luxury comes in all shapes and sizes, a great deal of money is being spent on preventive medicine around the world, heart scans, cancer tests, and areas for example like Acupuncture and Osteopathy, is seen as a luxury, without good health all the money in the world does not count for anything.
MILANO THE CAPITAL OF LUXURY
In May 2012, the Italian luxury brand consortium Altagamma predicted that sales in the global luxury apparel sector will grow approximately 6.5 per cent in 2012, following the treatment of recent years that has seen constant year growth.
People say the market is recession proof, probably correct, tastes change in luxury, with the ten per cent of the richest people driving the market forward.
Collectively European businesses account for 70 per cent of the global luxury goods sector of all kinds, yet more. Than 60 per cent of sales are outside of Europe! According to a report by Frontier Economics prepared for the European Cultural and Creative Industries Alliance ECCIA released in 2012. PPR parent company of Gucci, Bottega Veneta, Yves. Saint Lauretn Alexander McQueen and Bvalenciaga among others is an example of growth with 11.2 per cent in 2011, with a whopping growth of 29.1 in emerging markets.
Growth at airports has seen a sharp rise 16 per cent at Heathrow Terminal 5, lasy year, where brands from Estee Lauder to Harrords have stores and around the world airports are embracing luxury from Dubai to Hong Kong, lucurative money earner.
The American market has seen men in America spent more than 156 per cent more on premium luxury fashion then they did during 2010, with women spending over 125 per cent more, research by American Express.
End of part one
