This report studies the Luxury Hotel Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Luxury Hotel Market analysis segmented by companies, region, type and applications in the report.
The luxury hotels industry is one of the major customer service industries globally. Growing travel and tourism industry is one of the key reasons behind the growth of luxury hotels industry. In order to meet the increasing demand for unique customer services, luxury hotels are constantly striving to improve their services by focusing on changing consumer preferences.
North America was the largest consumer market with a market share of 35.71% in 2013 and 32.05% in 2017 with a decrease of 3.66%. Asia-Pacific and China ranked the second and third markets with the market share of 19.28% and 18.73% in 2017.
Nowadays, the top five companies make up more than 26.37% market share of the luxury hotels market, and the world’s large enterprises are mainly concentrated in North America. The top five vendors are Marriott International, Hilton, Hyatt Hotels, Four Seasons Holdings Inc. and Shangri-La International Hotel Management Ltd. They respectively took a global market share as 13.59%, 6.59%, 2.53%, 2.41%, and 1.24% in 2017.
Company profiles are primarily based on public domain information including company: Marriott International, Hilton, Starwood Hotels & Resorts (Marriott), Hyatt Hotels, Four Seasons Holdings Inc., Shangri-La International Hotel Management Ltd., InterContinental Hotels Group PLC, Mandarin Oriental International Limited, The Indian Hotels Company Limited, Jumeirah International LLC, Kerzner International Resorts, Inc., ITC Hotels Limited
Luxury Hotel Market continues to evolve and expand in terms of the number of companies, products, and applications that illustrates the growth perspectives. The report also covers the list of Product range and Applications with SWOT analysis, CAGR value, further adding the essential business analytics. Luxury Hotel Market research analysis identifies the latest trends and primary factors responsible for market growth enabling the Organizations to flourish with much exposure to the markets.
We can also provide the customized separate regional or country-level reports, for the following regions:
- Americas: United States, Canada, Mexico, Brazil
- APAC: China, Japan, Korea, Southeast Asia, India, Australia
- Europe: Germany, France, UK, Italy, Russia, Spain
- Middle East & Africa: Egypt, South Africa, Israel, Turkey, GCC Countries
- To study and analyze the global Luxury Hotel market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Luxury Hotel market by identifying its various subsegments.
- Focuses on the key global Luxury Hotel players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Luxury Hotel with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the size of Luxury Hotel submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Key Developments in the Luxury Hotel Market
- To describe Luxury Hotel Introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, market driving force;
- To analyze the manufacturers of Luxury Hotel, with profile, main business, news, sales, price, revenue and market share in 2017 and 2019;
- To display the competitive situation among the top manufacturers in Global, with sales, revenue and market share in 2017 and 2019;
- To show the market by type and application, with sales, price, revenue, market share and growth rate by type and application, from 2014 to 2019;
- To analyze the key countries by manufacturers, Type and Application, covering North America, Europe, Asia Pacific, Middle-East and South America, with sales, revenue and market share by manufacturers, types and applications;
- Luxury Hotel market forecast, by countries, type and application, with sales, price, revenue and growth rate forecast, from 2019 to 2023;
- To analyze the manufacturing cost, key raw materials and manufacturing process etc.
- To analyze the industrial chain, sourcing strategy and downstream end users (buyers);
- To describe Luxury Hotel sales channel, distributors, traders, dealers etc.
- To describe Luxury Hotel Research Findings and Conclusion, Appendix, methodology and data source
The Luxury Hotel Market research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs. These data representations provide predictive data regarding the future estimations for convincing market growth. The detailed and comprehensive knowledge about our publishers makes us out of the box in case of market analysis.
In this study, the years considered to estimate the market size of Luxury Hotel are as follows:
- History Year: 2014-2017
- Base Year: 2017
- Estimated Year: 2019
- Forecast Year 2019 to 2023
This report includes the estimation of market size for value (million USD) and volume (M Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Luxury Hotel market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Table of Contents
- Section 1 Report Overview
- Section 2 Global Growth Trends
- Section 3 Market Share by Key Players
- Section 4 Breakdown Data by Type and Application
- Section 5 United States Luxury Hotel Market Size (2014-2019)
- Section 6 Europe Luxury Hotel Market Size (2014-2019)
- Section 7 China Luxury Hotel Market Size (2014-2019)
- Section 8 Japan Luxury Hotel Market Size (2014-2019)
- Section 9 Southeast Asia Luxury Hotel Market Size (2014-2019)
- Section 10 India Luxury Hotel Market Size (2014-2019)
- Section 11 Central & South America Luxury Hotel Market Size (2014-2019)
- Section 12 International Players Profiles
Key questions answered in this report
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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