Abstract, Snapshot, Market Analysis & Market Definition: Global Luxury Hotels Market
The luxury hotel 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.United States 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%. China and EU ranked the second and third markets with the market share of 18.58% and 17.28% 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. In 2018, the global Luxury Hotels market size was 183500 million US$ and it is expected to reach 222800 million US$ by the end of 2025, with a CAGR of 2.8% during 2019-2025. This report focuses on the global Luxury Hotels status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Luxury Hotels development in United States, Europe and China
Market Segmentation: Global Luxury Hotels Market
Segmentation by Product Type : Breakdown of data from year 2014 to 2019 and forecast until 2025:
Business Hotel
Suite Hotel
Airport Hotel
Resorts Hotel
Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:
Room
F&B
SPA
Other
Top Companies & Key Players: Global Luxury Hotels Market
The report offers a detailed analysis of several leading Luxury Hotels manufacturers including:
Marriott International, Inc
Hilton
Starwood Hotels & Resorts
Hyatt Hotels
Four Seasons Holdings Inc.
Shangri-La International
InterContinental Hotels Group
Mandarin Oriental International
The Indian Hotels Company
Jumeirah International LLC
Kerzner International Resorts
ITC Hotels Limited
Key Insights Covered: Global Luxury Hotels Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Luxury Hotels industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Luxury Hotels industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Luxury Hotels industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Luxury Hotels industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Luxury Hotels industry.
Research Methodology: Global Luxury Hotels Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other