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Global Interest In Luxury Hotels Is Stable, Up 1.5%

Posted: Jun. 10th, 2013  |  By DailyLuxe News

Photo: Preferred Hotel Groups

The complete results stemming from the first-ever exclusive luxury hospitality think tank for hospitality leaders at the Luxury Hospitality 2013 conference have been released, Travel Daily News reported on Monday. 

While the U.S. remains the dominates country for the luxury hotel industry, demand from travelers from Russia, the UK, India, and China for luxury accommodations also contributed to its overall stability.  Russia, with a reported 12.8% growth rate, leads the ever-emerging BRIC market that consists of Brazil, Russia, India, and China.

The Hilton, the Ritz-Carlton, and the Four Seasons are the leaders in their respective categories, which are Upper Upscale, Luxury Major, and Luxury Exclusive, respectively. 

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