
Five Star Hotel Market Trend Analysis Research By Type (Business Hotel, Suite Hotel, Airport Hotel, Resorts Hotel), By Category (Chain, Individual), By Application (Room, Food And Beverage, Spa, Other Applications), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Global Forecast to 2034.
Feb-2025 Formats | PDF | Category: Consumer Goods | Delivery: 24 to 72 Hours
“The Five Star Hotel industry is expected to expand from $150.47 Billion in 2025 to $ 313.45 Billion in 2034, with a compound annual growth rate of 12.2%. “
Five Star Hotel Market: Overview and Growth in the Upcoming Year
The five-star hotel market is a symbol of luxury and distinction in the hospitality industry, catering to discerning guests seeking great lodgings, impeccable service, and high-end amenities. With the global economy expected to recover, the sector is expected to expand in the following year. This article examines the market’s current state, future factors, and opportunities for stakeholders.
The five-star hotel market offers premium facilities that provide exceptional visitor experiences, including lavish suites, gourmet dining, unique spa facilities, and personalized services. The demand for these accommodations has increased due to the increasing demand from rich tourists seeking exceptional experiences.
The five-star hotel sector is expected to experience a surge in demand as the world recovers from the pandemic. With vaccination efforts and travel restrictions lifted, consumers are eager to resume their leisure and business trips, indicating a positive trend for luxury hotels.
Five-star hotels are adapting to changing consumer preferences and market realities by introducing sustainable practices, technology-driven solutions, unique experiences, and increased customization. This strategy aims to remain competitive and relevant, allowing them to differentiate themselves and attract a loyal clientele by staying ahead of the curve.
The five-star hotel market is gaining traction for investors, developers, and hospitality professionals. By focusing on strategic relationships, expanding into growing regions, and investing in advanced amenities, these stakeholders can position themselves for success in the luxury hotel industry. By prioritizing guest happiness, maintaining high quality standards, and cultivating an excellence culture, hotels can gain a competitive advantage.
For Insights Consultancy’s latest market intelligence study, “Global Five Star Hotel Market 2025, Growth Opportunities, and Forecast,” provides a comprehensive analysis of the Consumer Goods & Services industry. The report includes demand analysis, industry insights, competition intelligence, and a customer database. It also offers strategic insights into future trends, growth determinants, supplier landscape, demand landscape, CAGR, and pricing analysis. The study also includes Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.
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Top Companies Covered In This Report:
- Marriott International Inc
- Radisson Hotel Group
- Kohler Co.
- Rosewood Hotels & Resorts LLC
- Hilton Worldwide Holdings Inc.
- ITC Limited
- Hyatt Hotels Corporation
- Four Seasons Hotels Limited
- Accor S.A.
- InterContinental Hotels Group PLC
- Kerzner International Holdings Limited
- Kempinski Hotels S.A.
- The Trump Organization
- Jumeirah International LLC
- Shangri-La International Hotel Management Ltd
- Belmond Management Limited
- The Peninsula Hotels
- Mandarin Oriental Hotel Group International Limited
- Soneva
- Banyan Tree Hotels & Resorts
- Capella Hotel Group
- Leela Palaces and Resorts Limited
- The Oberoi Group
- The Indian Hotels Company Limited
- Anantara Hotels
- Resorts & Spas
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2034, Y-o-Y growth rate, and CAGR):
Segment by Type
- Business Hotel
- Suite Hotel
- Airport Hotel
- Resorts Hotel
Segment byCategory
- Chain
- Individual
Segment by Application
- Room
- Food And Beverage
- Spa
- Other Applications
Subsegments
By Business Hotel: Corporate Hotels, Conference Hotels, Convention Hotels, Executive Hotels, Hotels With Business Centers And Meeting Rooms
By Suite Hotel: All-suite Hotels, Luxury Suite Hotels, Extended Stay Hotels, Penthouse Suites, Family Suite Hotels
By Airport Hotel: Transit Hotels, Airport Terminal Hotels, Hotels With Airport Shuttle Service, Hotels For Layovers And Short Stays, Business Hotels Near Airports
By Resort Hotel: Beach Resorts, Mountain Resorts, Spa Resorts, Wellness And Health Resorts, Golf Resorts, Ski Resorts
Regional Deep-dive Analysis:
The report provides in-depth qualitative and quantitative data on the Five Star Hotel Market for all of the regions and countries listed below:
- North America includes the United States, Canada, and Mexico.
- Europe includes Germany, France, Italy, the United Kingdom, Scandinavia, Benelux, Russia, and the rest of Europe.
- Asia-Pacific includes Japan, South Korea, India, China, Southeast Asia, and Australia.
- South America (including Brazil, Argentina, and the rest of South America)
- Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa)
Each country is studied in detail, and the study includes qualitative and quantitative analysis of the Five Star Hotel Market in that country.
North America
North America’s five-star hotel market is thriving, with New York City, Los Angeles, and Miami being top destinations. These hotels offer top-notch amenities, sophisticated dining, and personalized service, fueled by the region’s strong economy and high tourist numbers.
Europe
Europe’s reputation for grandeur and elegance makes it an ideal destination for five-star hotels, with iconic cities like Paris, London, and Rome hosting iconic luxury hotels. The European five-star hotel sector features historic structures, Michelin-starred restaurants, and luxury spa facilities, ensuring exceptional customer experiences.
Asia Pacific
The Asia-Pacific region is experiencing a five-star hotel boom due to economic expansion and increased tourism. Countries like China, Japan, and Thailand are attracting guests with luxury hotels that blend traditional hospitality with modern conveniences, offering a unique cultural experience.
Middle East
The Middle East, renowned for its luxurious accommodations and world-class hospitality, has become a popular destination for luxury travelers. Cities like Dubai, Abu Dhabi, and Doha boast five-star hotels offering exceptional service and amenities, fueled by the region’s strategic location and thriving tourism industry.
Recent News:
- In November 2023, Lemon Tree Hotels stated that it would expand its hotel services to New York, London, Singapore, and Hong Kong. The company expanded overseas, opening hotels in Dubai in December 2019 and Bhutan in February 2020.
- In December 2023, IHCL signed contracts for hotels in Bangladesh, Bhutan, Germany, and Saudi Arabia. The Taj Exotica Resort in Dubai and Bombay Brasserie restaurant opened in Singapore in December 2022.
- In August 2023, Reliance Industries partnered with The Oberoi Hotels and Resorts to oversee three projects: Anant Vilas at the Bandra Kurla Complex, Stoke Park in the United Kingdom, and a Gujarat venture.
The research provides answers to the following key questions:
- What is the expected growth rate of the Five Star Hotel market from 2025-2034?
- What are the key driving forces shaping the market during the forecast period?
- Who are the major market vendors and what winning strategies have helped them occupy a strong foothold in the Five Star Hotel market?
- What are the prominent market trends influencing the market’s development?
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Key insights provided by the report that could help you take critical strategic decisions?
- Regional reports analyse product/service consumption and market factors in each region.
- Reports highlight possibilities and dangers for suppliers in the Five Star Hotel business globally.
- The report identifies regions and sectors with the highest growth potential.
- It provides a competitive market ranking of major companies, as well as information on new product launches, partnerships, business expansions, and acquisitions.
- The report includes a comprehensive corporate profile with company overviews, insights, product benchmarks, and SWOT analysis for key market participants.
Customization: We can provide following things 1) On request more company profiles (competitors) 2) Data about particular country or region 3) We will incorporate the same with no additional cost (Post conducting feasibility).
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Table of Contents
- Executive Summary
- Five Star Hotel Market Characteristics
- Five Star Hotel Market Trends And Strategies
- Five Star Hotel Market – Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
- Global Five Star Hotel Growth Analysis And Strategic Analysis Framework
5.1. Global Five Star Hotel PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Five Star Hotel Market Growth Rate Analysis
5.4. Global Five Star Hotel Historic Market Size and Growth, 2019 – 2024, Value ($ Billion)
5.5. Global Five Star Hotel Forecast Market Size and Growth, 2025 – 2034, 2034F, Value ($ Billion)
5.6. Global Five Star Hotel Total Addressable Market (TAM)
- Five Star Hotel Market Segmentation
6.1. Global Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Business Hotel
Suite Hotel
Airport Hotel
Resorts Hotel
6.2. Global Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Chain
Individual
6.3. Global Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Room
Food And Beverage
Spa
Other Applications
6.4. Global Five Star Hotel Market, Sub-Segmentation Of Business Hotel, By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Corporate Hotels
Conference Hotels
Convention Hotels
Executive Hotels
Hotels With Business Centers And Meeting Rooms
6.5. Global Five Star Hotel Market, Sub-Segmentation Of Suite Hotel, By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
All-suite Hotels
Luxury Suite Hotels
Extended Stay Hotels
Penthouse Suites
Family Suite Hotels
6.6. Global Five Star Hotel Market, Sub-Segmentation Of Airport Hotel, By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Transit Hotels
Airport Terminal Hotels
Hotels With Airport Shuttle Service
Hotels For Layovers And Short Stays
Business Hotels Near Airports
6.7. Global Five Star Hotel Market, Sub-Segmentation Of Resort Hotel, By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
Beach Resorts
Mountain Resorts
Spa Resorts
Wellness And Health Resorts
Golf Resorts
Ski Resorts
- Five Star Hotel Market Regional And Country Analysis
7.1. Global Five Star Hotel Market, Split By Region, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
7.2. Global Five Star Hotel Market, Split By Country, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Asia-Pacific Five Star Hotel Market
8.1. Asia-Pacific Five Star Hotel Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
8.3. Asia-Pacific Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
8.4. Asia-Pacific Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- China Five Star Hotel Market
9.1. China Five Star Hotel Market Overview
9.2. China Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F,$ Billion
9.3. China Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F,$ Billion
9.4. China Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F,$ Billion
- India Five Star Hotel Market
10.1. India Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
10.2. India Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
10.3. India Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Japan Five Star Hotel Market
11.1. Japan Five Star Hotel Market Overview
11.2. Japan Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
11.3. Japan Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
11.4. Japan Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Australia Five Star Hotel Market
12.1. Australia Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
12.2. Australia Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
12.3. Australia Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Indonesia Five Star Hotel Market
13.1. Indonesia Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
13.2. Indonesia Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
13.3. Indonesia Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- South Korea Five Star Hotel Market
14.1. South Korea Five Star Hotel Market Overview
14.2. South Korea Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
14.3. South Korea Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
14.4. South Korea Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Western Europe Five Star Hotel Market
15.1. Western Europe Five Star Hotel Market Overview
15.2. Western Europe Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
15.3. Western Europe Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
15.4. Western Europe Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- UK Five Star Hotel Market
16.1. UK Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
16.2. UK Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
16.3. UK Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Germany Five Star Hotel Market
17.1. Germany Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
17.2. Germany Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
17.3. Germany Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- France Five Star Hotel Market
18.1. France Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
18.2. France Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
18.3. France Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Italy Five Star Hotel Market
19.1. Italy Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
19.2. Italy Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
19.3. Italy Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Spain Five Star Hotel Market
20.1. Spain Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
20.2. Spain Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
20.3. Spain Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Eastern Europe Five Star Hotel Market
21.1. Eastern Europe Five Star Hotel Market Overview
21.2. Eastern Europe Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
21.3. Eastern Europe Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
21.4. Eastern Europe Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Russia Five Star Hotel Market
22.1. Russia Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
22.2. Russia Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
22.3. Russia Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- North America Five Star Hotel Market
23.1. North America Five Star Hotel Market Overview
23.2. North America Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
23.3. North America Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
23.4. North America Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- USA Five Star Hotel Market
24.1. USA Five Star Hotel Market Overview
24.2. USA Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
24.3. USA Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
24.4. USA Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Canada Five Star Hotel Market
25.1. Canada Five Star Hotel Market Overview
25.2. Canada Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
25.3. Canada Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
25.4. Canada Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- South America Five Star Hotel Market
26.1. South America Five Star Hotel Market Overview
26.2. South America Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
26.3. South America Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
26.4. South America Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Brazil Five Star Hotel Market
27.1. Brazil Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
27.2. Brazil Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
27.3. Brazil Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Middle East Five Star Hotel Market
28.1. Middle East Five Star Hotel Market Overview
28.2. Middle East Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
28.3. Middle East Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
28.4. Middle East Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Africa Five Star Hotel Market
29.1. Africa Five Star Hotel Market Overview
29.2. Africa Five Star Hotel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
29.3. Africa Five Star Hotel Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
29.4. Africa Five Star Hotel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2025-2034F, 2034F, $ Billion
- Five Star Hotel Market Competitive Landscape And Company Profiles
30.1. Five Star Hotel Market Competitive Landscape
30.2. Five Star Hotel Market Company Profiles
30.2.1. Marriott International Inc Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Radisson Hotel Group Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Kohler Co. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Rosewood Hotels & Resorts LLC Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Hilton Worldwide Holdings Inc. Overview, Products and Services, Strategy and Financial Analysis
- Five Star Hotel Market Other Major And Innovative Companies
31.1. ITC Limited
31.2. Hyatt Hotels Corporation
31.3. Four Seasons Hotels Limited
31.4. Accor S.A.
31.5. InterContinental Hotels Group PLC
31.6. Kerzner International Holdings Limited
31.7. Kempinski Hotels S.A.
31.8. The Trump Organization
31.9. Jumeirah International LLC
31.10. Shangri-La International Hotel Management Ltd
31.11. Belmond Management Limited
31.12. The Peninsula Hotels
31.13. Mandarin Oriental Hotel Group International Limited
31.14. Soneva
31.15. Banyan Tree Hotels & Resorts
- Global Five Star Hotel Market Competitive Benchmarking And Dashboard
- Key Mergers And Acquisitions In The Five Star Hotel Market
- Recent Developments In The Five Star Hotel Market
- Five Star Hotel Market High Potential Countries, Segments and Strategies
35.1 Five Star Hotel Market In 2034 – Countries Offering Most New Opportunities
35.2 Five Star Hotel Market In 2034 – Segments Offering Most New Opportunities
35.3 Five Star Hotel Market In 2034 – Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
- Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. For Insights Consultancy
36.6. Copyright And Disclaimer
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