Kiran Gill

💸 Wealth is rising, boosting luxury hospitality investment. Experts highlight resilient consumer spending in this segment, driving growth. Key locations seeing this trend include major global cities. The industry benefits from affluent travelers, with luxury hotel occupancy rates increasing by 5% in the past year. High-end brands continue to expand, with new hotel openings expected in 2024. This investment surge is fueled by consumer demand for exclusive experiences, suggesting a prosperous outlook for luxury hospitality.