- The ultra-rich are investing more in travel as a way to show off their wealth, and that includes everything from sabbaticals to brief vacations.
- We teamed up with luxury travel agency Original Travel to find the hottest spots billionaires are heading to this year.
- A few classics like Great Britain made the list, but many billionaires are seeking adventure, from Rwanda to Bhutan.
Nowadays, the super-rich are taking months-long, multimillion-dollar trips to recharge or reconnect with family because they’re often burnt out, Business Insider’s Katie Warren previously reported. That can take shape in the form of extreme adventures, luxurious getaways, and educational excursions.
But just where are these billionaires headed?
Business Insider teamed up with boutique luxury travel agency Original Travel, which plans trips for high-net-worth individuals, to find out the hottest spots the elite are spending their money on in 2019. They based this ranking on the number of bookings and performance; the latter was assessed by feedback, their expertise, and client inquiries.
Turns out, billionaires have a taste for adventure in 2019. While a few classics made the list, such as Britain and France, far-flung countries — from Rwanda to Myanmar — made an appearance on the list, too.
Keep reading to see where the rich are getting their passports stamped this year.
Lesser-known than neighbors Croatia and Greece, the tiny slice of Adriatic coastline that is Montenegro has previously lacked high-quality accommodation (other than the Aman network) to rival its fjord landscapes, Tom Barber, co-founder of Original Travel, told Business Insider.
“Montenegro is set for a luxury upgrade in 2019 with the Chedi Lustica Bay newly opened and One & Only opening its first resort in Europe next year with Portonovi in Boka Bay,” he said.
Business Insider previously reported that Oman is the next big destination for luxury travelers. Its peak travel season runs from October to April.
“Luxury brands like Anantara Hotels, which has already opened two resorts there, are claiming the country’s culture and unique topography are a huge draw for travelers,” reported Sarah Jacobs.
Champagne, in particular, is France’s hottest destination right now, according to Barber. Belmond’s new Pivoine Champagne barge launched in 2018, and the recent opening of The Royal Champagne Hotel “injected a much-needed shot of luxury and style to the hotel offerings of the region,” he said.
He added: “From barge or hotel, we recommend arranging a private vineyard tour and tastings including a backstage at Bollinger experience, along with a make-your-own Champagne lesson and treehouse Champagne bar experience for a comprehensive immersion in the region.”