If you can’t buy a palace, at least you can stay in one of them. That’s an encapsulation of one of the topics of discussion (the collaborative economy) that took place during keynote presentations on the first day of the International Luxury Travel Market’s (ILTM) annual flagship event earlier this month. The conference, which was held in Cannes, France, from Dec. 1 to 4, revealed the push-pull nature of the global luxury travel market, in which suppliers continue to try to raise the bar on exclusivity while more people than ever are now able to access a luxury travel experience. The collaborative economy, largely believed to be having its greatest impact on more moderate levels of travel, is edging its way into the luxury sector, said ILTM Global Forum speaker and collaborative-consumption expert Lauren Capelin, who discussed the concept of “idealizing access over ownership.” Get the full story at Travel Weekly