Luxury spending in the global hospitality market grew by three to five percent when comparing 2023 data with 2019. Hospitality ranked as the third most valuable luxury market worldwide in 2023, with a total value of around 213 billion euros.
Growth rates of luxury hospitality spending worldwide in 2023
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Bain & Company. (January 18, 2024). Growth rates of luxury hospitality spending worldwide in 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/
Bain & Company. "Growth rates of luxury hospitality spending worldwide in 2023." Chart. January 18, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/
Bain & Company. (2024). Growth rates of luxury hospitality spending worldwide in 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/
Bain & Company. "Growth Rates of Luxury Hospitality Spending Worldwide in 2023." Statista, Statista Inc., 18 Jan 2024, https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/
Bain & Company, Growth rates of luxury hospitality spending worldwide in 2023 Statista, https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/ (last visited December 22, 2024)
Growth rates of luxury hospitality spending worldwide in 2023 [Graph], Bain & Company, January 18, 2024. [Online]. Available: https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/