Luxury Hotel Market Size is Projected to Reach USD 157.7 Billion by...

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2025-12-22 09:51:27 -

Luxury Hotel Market Size is Projected to Reach USD 157.7 Billion by 2033

The global luxury hotel market was valued at USD 114.2 Billion in 2024. It is projected to grow to USD 157.7 Billion by 2033, exhibiting a CAGR of 3.61% during the forecast period from 2025 to 2033. North America dominates the market with a 37.1% share in 2024. Growth is driven by rising disposable incomes, expanding affluent middle classes, increasing global tourism and business travel, and...

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