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.
References in periodicals archive ?
He said ' We want to enforce a decent parking arrangement of luxurious and trucks in Ore Sunshine city transit park.
He said 187 luxurious yachts were sold in Antalya Free Zone between 2000 and 2010, "sale value of those yachts is 319.
In this occasion, Abdullah Al-Shamasi, ECO of EXCS, stated that "the exhibition is in response to the market trend and the increasing demand for such luxurious cars; and in spite of the international financial crises the Saudi market did not plummet which is an indication of such dynamic and strong market".
The fourth edition of EXCS International Exhibition for luxurious cars opened at Hilton Jeddah yesterday (October 12), and will end tomorrow.
Luxurious & indulgent "Finest Rustic Black Forest Gateau" is a modern twist on a true dessert classic, with moist chocolate cake layers filled with light vanilla cream and sophisticated black cherry compote.
Mumbai, May 8 (ANI): The Bombay High Court will today hear a petition filed by the Anil Dhirubhai Ambani Group (ADAG) Company Ammolite Holdings challenging the seizure of the luxurious yacht 'Tian', which was chartered by the Reliance Transport and Travels Ltd, another ADAG company.
1 : very fine and comfortable : having an appealing rich quality <a luxurious home>
Located on 116th Street between Fifth and Lenox Avenues, the residence offers luxurious sustainable living in Central Harlem.
I never got around to doing it, and as a silk painter, I am still fascinated by how this plump little white worm can create something as rich and luxurious as silk.
Accommodations The ecologically-sound studios, cottage suites, and mountain homes are typical Western-style lodgings with rustic fireplaces, woodsy furniture, luxurious beds, and Native American accents.
The luxurious public spaces are timeless in design and detail.