Impact of Paris like Attacks on Luxury Market
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There have been a lot of things which affected the luxury market.
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Terror attack in Paris decreased the number of luxury travelers.
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Chinese travelers left Hong Kong market.
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The Chinese travelers are the main focus on the global luxury market.
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Singapore and Malaysian market saw a decrease in customers.
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The economic drop decreased the number of travelers.
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Exchange rate changed travelers’ preferences.
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Increased security for global climate change conferences made things worse.
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The online and local market is slowly rising.
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A hike is expected within the local markets.
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