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Global luxury tourism to reach $831B this year with China, India driving growth

Ancient Chinese saying: “In the universe, there is heaven; on earth, there is Hangzhou.” Seen here: Four Seasons Hotel Hangzhou at West Lake. Image credit: Four Seasons Hotels & Resorts Ancient Chinese saying: “In the universe, there is heaven; on Earth, there is Hangzhou.” Seen here: Four Seasons Hotel Hangzhou at West Lake. Image credit: Four Seasons Hotels & Resorts

 

Global luxury tourism will reach $831 billion this year out of a total $5.9 trillion overall spend in the tourism sector.