Operators and owners in the global luxury hotel industry are looking ahead to another productive year. Annualized global luxury hotel room demand has fully recovered. In the 12 months ending November 2023, 365 million luxury rooms were sold, compared to 360 million rooms sold in the 12 months ending January 2020.
Global Luxury Hotels Outlook Remains Healthy
Room Rates Have Risen Sharply Since 2020, But Rate Growth is Expected to Slow in 2024
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