Luxury Hotel CEOs: Wealth Boom in India and China Is Driving Travel Demand
Hotel executives agreed that the global luxury market is increasingly defined by travelers once overlooked by Western strategies.
Luxury travel demand is being driven by growing wealth in India and China, according to hospitality leaders who gathered this week at a Global Hotel Alliance (GHA) meeting in Brussels.
Collectively, the over 45 hotel brands that use GHA as their loyalty program – which include Minor Hotels, Corinthia, Pan Pacific, and Kempinski – reported a 13% increase in bookings so far this year.
The growth signals momentum despite global headwinds, such as conflict in the Middle East, tariff tensions, overtourism co
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