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And not only that, but it's also jumping on the luxury soft brand collection bandwagon.

Where will luxury travelers be jetting off to in 2019? For clues, look at where the world's high-end brands are opening their newest properties.

Competition is heating up for supersonic travel and Aerion has established an interesting team to speed up high-end business travel. If it works, the glamour of high-speed crossings will finally return, and the world will open up a bit more.

Europeans did more outbound international travel this year than last year. The pace of growth was not as torrid as in the past, however. Experts forecast a similar modest growth rate for 2019.

Boutique American and European hotel brands aim to expand in Asia, but will soon realize it's more difficult than they imagined, and it's only going to get harder. Here's why, and how they can make a go of it.