16.11.2018 Views

QYR made the prediction that the value of luxury hotels markets can be $222815 million by 2023

QYR made the prediction that the value of luxury hotels markets can be $222815 million by 2023.The CAGR of luxury hotels is 3.96% from 2018 to 2023. https://www.qyresearch.com/index/detail/142224/global-luxury-hotel-market

QYR made the prediction that the value of luxury hotels markets can be $222815 million by 2023.The CAGR of luxury hotels is 3.96% from 2018 to 2023. https://www.qyresearch.com/index/detail/142224/global-luxury-hotel-market

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<strong>QYR</strong>esearch<br />

According to <strong>the</strong> database <strong>of</strong> <strong>QYR</strong> Hotels & Restaurants<br />

Research Center, <strong>the</strong> global <strong>luxury</strong> <strong>hotels</strong> <strong>markets</strong> has a total<br />

<strong>value</strong> <strong>of</strong> $150603 <strong>million</strong> back in 2013, and increased to<br />

$171079 <strong>million</strong> in 2017. We <strong>made</strong> a series <strong>of</strong> functional<br />

calculation and deduced <strong>the</strong> past 5 year’s data with scientific<br />

model. Finally, we <strong>made</strong> <strong>the</strong> <strong>prediction</strong> <strong>that</strong> <strong>the</strong> <strong>value</strong> <strong>of</strong><br />

<strong>luxury</strong> <strong>hotels</strong> <strong>markets</strong> <strong>can</strong> <strong>be</strong> <strong>$222815</strong> <strong>million</strong> <strong>by</strong> <strong>2023</strong>.The<br />

CAGR <strong>of</strong> <strong>luxury</strong> <strong>hotels</strong> is 3.96% from 2018 to <strong>2023</strong>.<br />

w w w. q y re s e a rc h . c o m

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