In a so-called k-shaped economy, higher earners head up on an upward angle, but lower earners, on the lower leg of the “k” drop behind. This bifurcation is also playing out in some corners of the travel industry as ultrahigh-net worth travelers spend to snap up the top level suites, but travelers with less resources are slower to book entry-level rooms.

In this episode, host Rebecca Tobin talks with hotels editor Christina Jelski and Jon Makhmaltchi, the founder of J.Mak hospitality, about how hotel companies are physically configuring their properties to appeal to those at top of the k, the pitfalls of over-relying on one market segment and how hotels and advisors are working to attract entry-level and aspirational luxury travelers.

This episode was recorded Jan. 22 and has been edited for length and clarity.

Episode sponsor

This episode is sponsored by the Globus family of brands.

Stay on at the end of this Folo episode wraps for an interview with Globus family of brands’ chief sales officer Camille Olivere, by Mary Pat Sullivan, Northstar Travel Group executive vice president of marketing and partnerships.

Related links

Luxury hotels and the K-shaped economy: A tale of two markets https://www.travelweekly.com/Travel-News/Hotel-News/K-shaped-economy-for-luxury-hotels

In a so-called k-shaped economy, higher earners head up on an upward angle, but lower earners, on the lower leg of the &ldquo;k&rdquo; drop behind. This bifurcation is also playing out in some corners of the travel industry as ultrahigh-net worth travelers spend to snap up the top level suites, but travelers with less resources are slower to book entry-level rooms.
In this episode, host Rebecca Tobin talks with hotels editor Christina Jelski and Jon Makhmaltchi, the founder of J.Mak hospitality, about how hotel companies are physically configuring their properties to appeal to those at top of the k, the pitfalls of over-relying on one market segment and how hotels and advisors are working to attract entry-level and aspirational luxury travelers.
This episode was recorded Jan. 22 and has been edited for length and clarity.
Episode sponsor
This episode is sponsored by the Globus family of brands.
Stay on at the end of this Folo episode wraps for an interview with Globus family of brands&rsquo; chief sales officer Camille Olivere, by Mary Pat Sullivan, Northstar Travel Group executive vice president of marketing and partnerships.
Related links
Luxury hotels and the K-shaped economy: A tale of two markets <a href="https://www.travelweekly.com/Travel-News/Hotel-News/K-shaped-economy-for-luxury-hotels">https://www.travelweekly.com/Travel-News/Hotel-News/K-shaped-economy-for-luxury-hotels</a>

Travel Weekly's team of reporters, editors and contributors explore ideas, share experiences and provide insight into what they’ve uncovered while reporting on some of the biggest trends in travel.

Travel Weekly's team of reporters, editors and contributors explore ideas, share experiences and provide insight into what they&rsquo;ve uncovered while reporting on some of the biggest trends in travel.

Hosted by Rebecca Tobin, managing editor of Travel Weekly

The Folo by Travel Weekly

Travel Weekly's team of reporters, editors and contributors take a deep dive into the biggest travel story of the week. 

In each episode, we invite invite our team of journalists and their trusted sources to delve into major travel trends that industry insiders, or just travelers, want to know about.  

You may be wondering: Why the Folo? Well, a folo -- f o l o -- is a journalism term, a kind of shorthand that basically means to follow a breaking news story with more in depth reporting and analysis. And at the Folo podcast, that's what we do. 

Hosted by Travel Weekly managing editor Rebecca Tobin.

Travel Weekly's team of reporters, editors and contributors take a deep dive into the biggest travel story of the week.&nbsp;
In each episode, we invite invite our team of journalists and their trusted sources to delve into major travel trends that industry insiders, or just travelers, want to know about. &nbsp;
You may be wondering: Why the Folo? Well, a folo -- f o l o -- is a journalism term, a kind of shorthand that basically means to follow a breaking news story with more in depth reporting and analysis. And at the Folo podcast, that's what we do.&nbsp;
Hosted by Travel Weekly managing editor Rebecca Tobin.