The global luxury hotel market size was estimated at USD 103.93 billion in 2024 and is projected to reach USD 156.80 billion by 2030, growing at a CAGR of 7.2% from 2025 to 2030. Alongside this financial growth, the luxury hotel sector is witnessing a notable increase in accommodation capacity, with the total number of luxury hotel rooms worldwide expected to rise from 1.6 million in...

The global luxury hotel market size is expected to reach USD 126.56 million by 2030, expanding at a CAGR of 3.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is expected to grow significantly over the forecast period owing to the increasing purchasing power of consumers and the rising number of international as well as domestic tourists on...