Hotels, Resorts, And Cruise Lines Market Worth $2,214.0 Billion By 2030

Hotels, Resorts, And Cruise Lines Market Growth & Trends

Hotels, Resorts, And Cruise Lines Market Report Highlights

  • Asia Pacific is expected to grow at the fastest CAGR of 18.0% from 2022 to 2030. The rising investment by the regional government in the development of the travel and tourism industry is expected to boost the growth of the regional market
  • The resorts segment is expected to expand at a substantial CAGR of 17.1% over the forecast period. Factors such as the growing number of luxury and leisure trips to obtain a break from pressure, stress, and hectic work schedule are anticipated to contribute to the growth of the segment
  • The cruise lines segment is expected to grow at a considerable CAGR of 15.9% over the forecast period. This growth is attributed to the rising popularity of cruise lines among vacationers and the presence of players providing a high number of intercontinental trips is attracting the targeted population hence driving the growth of the segment

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Rajesh Varma

Hello guys I am Market Research Analyst @ Grand View Research, preparing and publish research report on Technology, Next Generation Technologies