In 2022, the value of the luxury hospitality market worldwide grew by 110 percent over the previous year based on current exchange rates. However, when comparing 2022 data with 2019, the year prior to the onset of the coronavirus (COVID-19) pandemic, the value of the global luxury hospitality market decreased by seven percent at current exchange rates.
Growth rates of the luxury hospitality market value worldwide in 2022
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Bain & Company. (January 17, 2023). Growth rates of the luxury hospitality market value worldwide in 2022 [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/
Bain & Company. "Growth rates of the luxury hospitality market value worldwide in 2022." Chart. January 17, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/
Bain & Company. (2023). Growth rates of the luxury hospitality market value worldwide in 2022. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/
Bain & Company. "Growth Rates of The Luxury Hospitality Market Value Worldwide in 2022." Statista, Statista Inc., 17 Jan 2023, https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/
Bain & Company, Growth rates of the luxury hospitality market value worldwide in 2022 Statista, https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/ (last visited July 03, 2024)
Growth rates of the luxury hospitality market value worldwide in 2022 [Graph], Bain & Company, January 17, 2023. [Online]. Available: https://www.statista.com/statistics/1409200/growth-rate-luxury-hospitality-market-worldwide/