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The U.S. ranks 1st in hotel and restaurant spending

24 April 2009 Leave a comment

According to the World Bank, spending on hotels and restaurants in the United States accounts for  33.3% of the world’s spending on hotels and restaurants, measured in terms of Purchasing Power Parity (PPP). That makes the United States rank first in that category. Five countries–the United States, Japan, the United Kingdom, Spain, and Italy–account for 57% of hotel and restaurant spending.

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