Luxury Hotel Market 2030: North America’s Response to Changing Travel Trends
The global luxury hotel market was valued at USD 93.59 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. This growth is influenced by a variety of factors, including the rising importance of tourism and corporate sectors across various regions, an increase in disposable incomes, improving standards of living, and a growing preference for...
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