KPMG: luxury hotels and SPA market on the rise

The value of Polish luxury hotels and SPA facilities may increase by 25 percent and reach PLN 1.6 billion in 2014-2017 , KPMG consulting company estimated. "The hotel and SPA industry is one of the largest and the fastest growing segments of Polish luxury goods. According to the report by KPMG, the value of the market stood at PLN 1.3 billion in 2014, an increase by 8 percent compared with the previous year," the press release read. "We estimate that by 2017, the value of the segment will grow in total by 25 percent and will exceed PLN 1.6 billion," the company added. As much as one fourth of wealthy and rich Poles use the services provided by five or four star hotels regularly and over half of them do it occasionally, KPMG estimated.