The global luxury travel market size was estimated at USD 1.38 trillion in 2023 and is expected to grow at a CAGR of 7.9% from 2024 to 2030. Increasing spending by elite travelers to visit unexplored destinations and gain new experiences is driving the market growth. In addition, the rising trend of micro trips and the rapidly expanding tourism sector across the globe have been boosting the market growth.
COYA, mundialmente aclamado como el epicentro de los principales destinos de modus vivendi, que brinda las experiencias más elevadas a los amantes de la vida nocturna y la música, anuncia con orgullo la llegada de su concepto Chanca by COYA a Europa.
Kimpton Hotels & Restaurants announced today that it will welcome a new boutique luxury resort, Kimpton Mas Olas Resort & Spa, located on Mexico’s Baja Sur peninsula. The resort is set to open on April 1, 2024 in the charming coastal town of Todos Santos.
Hyatt Hotels Corporation (NYSE: H) announces the opening of Grand Hyatt Barcelona, the first urban Grand Hyatt hotel in Spain, located in one of the most visited cities in the world. Marking the fifth Grand Hyatt hotel operating in Europe, this expansion also reflects Hyatt’s accelerated brand growth in Spain. Hyatt offers the fourth-largest hospitality portfolio in Spain by room count, spanning eight different brands and 50 properties in the country.