Hospitality Net
SEPTEMBER 30, 2024
Once considered relatively niche, the luxury segment of the hospitality industry has exploded in recent years, with rising global wealth and increasing desire for personalized and immersive experiences driving the interest. In 2023, the international luxury hospitality industry was valued at USD 140.28 billion in 2024 and USD 369.36
Hospitality Net
MAY 3, 2024
Accor is proud to have participated to the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom’s leading industry experts. From 2022 to 2032, the growth rate in the GCC’s tourism sector is projected to be 13.6% with a potential market value of 65.5 billion USD.
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Hospitality Net
MARCH 1, 2024
billion by 2032. The good news for hoteliers targeting those top 5% of guests is that they seem to spending more every year. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78
Hospitality Net
FEBRUARY 29, 2024
billion by 2032. The good news for hoteliers targeting those top 5% of guests is that they seem to spending more every year. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78
Hospitality Net
JULY 17, 2023
As a result, the Global Cruise Tourism Market, which was valued at more than US$5 billion in 2022, is expected to grow at a CAGR of nearly 12% to surpass US$17 billion by 2032.
Modern Restaurant Management
MARCH 3, 2023
The hospitality industry is booming, and event professionals are driving its growth. " Read the full findings and tips to navigate your hospitality career in our 2023 Career Guide for Event Professionals handbook, which you can download here. At an average cost of $7.19 How Do You Stack Up? Calmer Seas Ahead The U.S.
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