Here’s what we’re chatting about at EDK this week in the world of lifestyle:

luxury-hotel-marketing

Luxury Spending in Hotels on the Rise: According to a survey by the Survey of Influence and Wealth by Time Inc., luxury spending among affluent households in the United States was predicted to spike by 6.6 percent this year. The same spending trend even holds true for millennials — according to another survey, 45% of millenials are willing to fork out money for a luxury travel experience.

iPhone SE review: The latest incarnation of the iPhone has been announced, and everyone in the tech world is talking about it. From the new colors of space grey, silver, gold, and rose gold, to the smaller 4.7 inches (reminiscent of the 2013 version), there’s a lot to get excited over.

New Hybrid Supercar Announced at the 2016 New York Auto Show: Swedish automaker Koenigisegg debuts a $2 million supercar said to rival the Porsche, Ferrari, and McLaren sportscars. The new car, called the Regera, is a hybrid vehicle offering a 1,200-horsepower, 5.0-liter, twin-turbocharged V8 engine with an attached electric motor. The hybrid car also features an advanced regenerative braking system, similar to what Formula One race cars use that can help the car recharge its batteries in just a few minutes.

More About the Instagram Algorithm Change: Following the changes Facebook made to its timeline, photo-sharing app Instagram is also updating its algorithms. The Instagram feed will now have a non-chronological newsfeed order, which will reflect the user’s likes and tastes rather than the actual order the photos are posted.

While many businesses may be upset about the change on the social media platform, it will encourage brands to focus on stronger content and engagement with their followers.

The 100 Best Restaurants in America, According to OpenTableThe annual survey gathers data from more than five million reviews from verified OpenTable users. Restaurants in California top the list with 25 listings, followed by New York with 15 restaurants.