For the ultrawealthy, privacy is the ultimate travel status symbol [Business Insider]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Ultrawealthy travelers are prioritizing privacy and exclusivity over traditional luxury. Luxury travel planners said they're skipping 5-star hotels in favor of private villas and islands. Non-disclosure agreements are also commonly used by the ultrawealthy when they travel. Classic markers of luxury travel , like five-star hotels and hard-to-get dinner reservations, are no longer enough for some ultrawealthy travelers. Instead, they're increasingly seeking a subtler status symbol: privacy. "The privacy factor is higher than it's ever been. In fact, we have some clients who are 'no more hotels,'" Rob DelliBovi, a luxury travel planner whose clients include celebrities and high-net-worth individuals, said. "Even the five-star hotel experience is too crowded." As international travel has grown and destinations have become increasingly crowde
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