New paths of luxury: How premium travel will transform in 2026

16-11-25

Luxury tourism is at a turning point. Although geopolitical uncertainty persists, the sector continues to show strong resilience. Looking ahead to 2026, the most demanding travelers will ask for much more than iconic destinations: they will seek experiences with deep cultural value, alternative routes and authentic connections with the places they visit.

One of the main regions to watch will be Asia. While countries such as Japan and Thailand remain magnets for those in search of traditional luxury, demand is already shifting toward less saturated destinations. The People’s Republic of China is emerging as a serious contender thanks to measures such as more flexible visas for U.S. travelers, while places like Taiwan are consolidating themselves as alternatives with an offering similar to Japan’s—high-level gastronomy, temples and living traditions—but with fewer crowds and more moderate prices. Trips to Japan, which used to focus almost exclusively on cities like Kyoto, are now incorporating lesser-known spots such as Kamakura, and in 2026 the Michelin Guide is expected to expand in Southeast Asia, including the Philippines for the first time.