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Global demand for luxury hotels outpacing supply: JLL

With luxury consumer spending outpacing overall economic growth, hospitality brands are investing in the yachting space. Image credit: JLL With luxury consumer spending outpacing overall economic growth, hospitality brands are investing in the yachting space. Image credit: JLL

 

According to commercial real estate services company JLL, global demand for luxury and ultra-luxury hotels continues to outpace new supply.