Adam Schwab: Founder & CEO of Luxury Escapes
Chew the Fat
Evolution of Luxury Escapes Business Model
The chapter explores how Luxury Escapes transitioned from selling experiences and homewares to focusing solely on travel, streamlining the business by divesting non-core segments and merging with another company. It highlights the shift from a flash sales model to a marketplace approach, emphasizing the unique value proposition of Luxury Escapes and its impact on hotel partners and customers. The chapter also discusses the challenges faced in executing a curated luxury hotel model and the development of a trip planner platform to enhance the personalized travel experience.
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