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Insight | Handbook

Unprecedented: Converging Crises

Industry insights and the potential implications for legal teams resulting from the COVID-19 pandemic.
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Global hotel industry revenue is predicted to reach US$550 billion in 2016, up 20% from annual revenues just five years ago. Europe and Asia Pacific have the highest hotel occupancy rates in the world, and Millennials are expected to overtake Baby Boomers as the dominant consumer group in the tourism industry by 2017.