How Is Rising Disposable Income and a Growing Middle Class Driving Luxury Hotel Market Growth?

The global luxury hotel market size was valued at USD 114.2 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 157.7 Billion by 2033, exhibiting a CAGR of 3.61% during 2025-2033. The expanding affluent middle class, espec...