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Luxury properties on the rise in the hotel industry, Hospitality News, ET HospitalityWorld
By Nirav Akshay OzaThe luxury lodge field has been suffering from a resurgence in the post-Covid period, as an increasing amount of travellers seek out substantial-stop travel and remain ordeals. Marketplace authorities predict the luxurious lodge market will reach USD 115.8 billion by 2023, indicating a regular progress trajectory. Main resort providers are utilising chopping-edge systems this kind of as synthetic intelligence, machine discovering, IoT, close to-discipline interaction, cell payment, and facts analytics to enhance on line reservations, improve return on marketing commit, far better comprehend guest choices, and cultivate robust consumer relationships. Over the forecast period, these systems are predicted to generate valuable opportunities for the marketplace. India’s luxurious…