Sheetal2304 Dec, 2023Technology
The global smart hospitality market size is estimated to be USD 13.6 billion in 2022 and projected to reach USD 49.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 29.8% during the forecast period. The growth in tourism and increased investments in hotel projects to boost the demand of smart hospitality market. Furthermore, the growing demand for guest-oriented, hyperconnected personalization and real-time optimized experience will drive the smart hospitality market.
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