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In 2018, China was the largest market for luxury hotels in the world registering year-over-year (YOY) growth of 18,3 percent in revenue.

Marriott International announced it is projecting to open more than 30 luxury properties this year as the company focuses on creating the future of high-end travel through its portfolio of distinct luxury brands.

Based on STR Global's latest report, occupancy in African accommodations rose 4.9 percent to 61.4 percent during the third quarter of the year (Q3), while average daily rate (ADR) rose 10.1 percent to USD97.79 and RevPAR increased 15.5 percent to USD60.

Jumeirah Hotels & Resorts aims to inspire affluent travellers with a selection of its most luxurious accommodation.