Luxury Hotel Market-Global Industry Analysis and Forecast (2024-2030)

Aishwarya Bhasme23 Jul, 2024Business

Developing tourism & corporate industries through several regions, increasing disposable income, growing standard of living of individuals, & increase in preference for leisure travel are anticipated to push the market. The increase in buying power & standard of living are some of the significant influences accountable for attracting consumers toward luxury resorts. As more currency is being added into the economy, demand for luxury places for business events & leisure tours is rising.