Luxury

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Luxury

A good or service not considered essential. Examples of luxuries include massages, gold watches and sail boats. Luxuries are often, but not always, fairly expensive. Luxury industries tend to be fairly prone to hard downturns during a recession. For example, if one is concerned for one's own job security, one is less likely to splurge on a massage. However, some luxury products, such as custom yachts, are considered recession-proof because they only appeal to the ultra-wealthy, who remain wealthy even in hard times.
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References in periodicals archive ?
'Luxurious guest houses in F-6 and F-7 sectors are not only giving high bribes to the CDA administration but also providing free accommodations to their relatives and friends,' he said.
Potential Investment Opportunities in the Riyadh Luxurious Resorts report provides information on the overview of the hospitality market within Riyadh, factors influencing the hospitality market in Riyadh region, current and future demand and supply, market insight and performance, key expected upcoming luxury resort projects, potential demand on long-term lease and annual subscription, key features and characteristics of luxurious resorts in Saudi Arabia, competitive analysis of major luxurious resorts within Riyadh, target customers and recommended branded operators.
For most elected officials in Nigeria are also given to vainglory and the acquisition of luxurious properties, depriving their constituents and citizens the comfort and good life they deserve.
[ClickPress, Wed Dec 12 2018] A luxurious sanctuary dedicated to renewal and rejuvenation, The Ritz-Carlton, Spa Bali has introduced an Herbal Healing Poultice to its extensive range of island-inspired therapeutic treatments.
The event was attended by renowned corporates, industrialists and leading businessmen of Faisalabad who showed keen interest towards the architectural model of luxurious villas and the master plan of the project.
This was communicated to the Delhi High Court by Additional Sessions Judge Ramesh Kumar-II, who carried out inspection on September 4 following complaints from other inmates that Chandra brothers and others jailed for white collar crimes were enjoying "luxurious lifestyle".
Nwa Manila will be showcased along with the other 58 winners on ForbesTravelGuide.com, which include Melco's Altira Macau and Nuwa Macau, and the Nuwa Macau Spa and Zensa Spa at Studio City in the list of World's Most Luxurious Spas.
The treatment will allegedly include a more luxurious interior and a more upmarket look with special wheels and Horch emblems on the c-pillars.
MURREE -- From now onward luxurious buildings would be used only for the welfare of the citizens, said Punjab Governor Chaudhry Mohammad Sarwar.
Islamabad -- Just after announcement of auction of modern and luxurious vehicles of PM House, Federal Government has now decided to auction eight buffaloes and four helicopters of Prime Minister House too.
With its well-crafted design and prime waterfront location on the 'crescent' of the luxurious Palm Jumeirah, one of UAE's most sought-after destinations, Mina by Azizi features panoramic views of the sea and provides beach access to 174 residential apartments and four luxurious penthouses.
In the past decade, BGC has become the most luxurious CBD in the Philippines and those willing to experience it for a night must spend at least P5,000, with prices increasing by 2.7% every year, making it difficult for average wage earners to explore the area.