In this article, we will look at the 30 best places to visit in the USA in May. You can skip our detailed analysis of America s most beautiful tourist.
South Africa Accommodation Market Report 2020: State of the Industry, Influencing Factors, Competition, Industry Associations, Notable Players
April 28, 2021 07:58 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
ResearchAndMarkets.com s offering.
This report on the Accommodation Industry includes information on the size and state of the sector and the factors that influence it including the coronavirus crisis, travel and tourism statistics and trends, and corporate actions.
There are profiles of 39 companies including Marriott International, the owner of Protea Hotels, which announced that it will stop operating some well-known South African Hotels, major players such as Sun International and Tsogo Sun, Moroccon-based Onomo, which is expanding its footprint on the African continent, and small players such as Cradle Boutique Hotel.
Biden broadband plan is bold, but economic payoff is unclear latimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latimes.com Daily Mail and Mail on Sunday newspapers.
President Joe Biden is betting $100 billion he can deliver a lifeline to rural America, and a boost to the economy overall, by making high-speed internet available to all Americans.
15 Best Luxury Hotels in the World
The hotel industry has shown consistent growth over the past few years with over 700,000 hotels worldwide which are contributing over $3.41 trillion to the global economy. As more people have begun to see travel as an integral part of their lives, both leisure and business travel spending have experienced a year-over-year growth over the past 5 years. The market size of the hotel and resort sector worldwide was worth $1.21 trillion in 2019 and is forecasted to reach $1.22 trillion in 2021, as reported by Statista.
Growth in the Luxury Hotel Industry
Within this industry, the luxury hotel market in the US is estimated to be worth $47.3 billion as of 2020. The top spot in the industry is held by Marriott International, Inc. (NASDAQ: MAR) which generated more sales revenue than any other hotel group in the world in 2019. With over 1.3 million guestrooms worldwide, the hotel chain had a revenue of $21 billion. In terms of the number of properties, th