Page 16 - ஹில்டன் உலகளவில் ஹோல்டிங்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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

New yorkUnited statesUnited arab emiratesHong kongUnited kingdomTimes squareMarina baySingapore generalGrand parkSouth australiaWood springMacau generalMarriott marquisKaspars grinvalds shutterstockHyatt hong kongHotel news source