Continuing with our earlier article please find some more interesting facts about emerging markets, which will highlights how attractive emerging markets are:
1. Hotels in EM will Bring In $205 billion of Revenues in 2016
Revenues from hotel room occupancies in emerging markets, which marked $153 billion in 2011, will increase by 34% to reach $205 billion in 2016.
2. Asia to Have the World’s Largest Middle-Class Population
By 2030, Asia will become the home to 3 billion middle-class people. This is expected to be ten times larger than the corresponding figure in North America and five times more than that in Europe.
3. EM to Lead Global Retail Sales Growth over the Next 5 Years
For the next five years, the compound annual growth rate for retail sales is expected to reach 4.1% in North America and 2.4% in Western Europe. In China and India, the corresponding figures appear to be a bit more aggressive, with market projections at 13.9% and 10.6%, respectively.
We will share some interesting facts about emerging markets especially India and China in our subsequent articles.
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