Spending on luxury leisure hospitality worldwide amounted to 239 billion U.S. dollars in 2023. That year, consumers in the aspiring luxury category - defined as travelers with a net worth between 100 thousand and one million U.S. dollars - accounted for the highest expenditure, at 84 billion U.S. dollars. Overall, global spending on luxury leisure hospitality was forecast to reach an estimated 391 billion U.S. dollars in 2028.
Spending on luxury leisure hospitality worldwide in 2023, with a forecast for 2028, by wealth segment
(in billion U.S. dollars)
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McKinsey & Company. (May 27, 2024). Spending on luxury leisure hospitality worldwide in 2023, with a forecast for 2028, by wealth segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/1473279/spending-luxury-leisure-hospitality-worldwide-by-wealth-segment/
McKinsey & Company. "Spending on luxury leisure hospitality worldwide in 2023, with a forecast for 2028, by wealth segment (in billion U.S. dollars)." Chart. May 27, 2024. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/1473279/spending-luxury-leisure-hospitality-worldwide-by-wealth-segment/
McKinsey & Company. (2024). Spending on luxury leisure hospitality worldwide in 2023, with a forecast for 2028, by wealth segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/1473279/spending-luxury-leisure-hospitality-worldwide-by-wealth-segment/
McKinsey & Company. "Spending on Luxury Leisure Hospitality Worldwide in 2023, with a Forecast for 2028, by Wealth Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 27 May 2024, https://www.statista.com/statistics/1473279/spending-luxury-leisure-hospitality-worldwide-by-wealth-segment/
McKinsey & Company, Spending on luxury leisure hospitality worldwide in 2023, with a forecast for 2028, by wealth segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1473279/spending-luxury-leisure-hospitality-worldwide-by-wealth-segment/ (last visited December 12, 2024)
Spending on luxury leisure hospitality worldwide in 2023, with a forecast for 2028, by wealth segment (in billion U.S. dollars) [Graph], McKinsey & Company, May 27, 2024. [Online]. Available: https://www.statista.com/statistics/1473279/spending-luxury-leisure-hospitality-worldwide-by-wealth-segment/