Luxury Hotel Market 2030: Exploring the Boom in Resort & Spa Demand The global luxury hotel market was valued at USD 93.59 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. This growth is driven by several factors, including the emergence of tourism and corporate sectors in various regions, rising disposable incomes, an increasing standard of living, and a growing preference for leisure travel.
The...
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