Over the next five years Luxury Hotel will register a 4.0% CAGR in terms of revenue, reach US$ 216000 million by 2023, from US$ 171100 million in 2017.
Global Luxury Hotel Market covers in-depth description, competitive scenario, wide product portfolio of prime players active in this market and business strategies adopted by competitors along with their SWOT analysis. The report also provides Porter analysis, PESTEL analysis and market attractiveness which helps to better understand the market scenario on macro and micro level
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.
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Research objectives
• 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) and More…
The Key Manufacturers Covered:
• 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 and More....
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Segmentation by product type:
• Business Hotel
• Suite Hotel
• Resorts Hotel
Segmentation by application:
• Room
• F&B
• SPA
• Others
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Luxury Hotel Market Size 2013-2023
2.1.2 Luxury Hotel Market Size CAGR by Region
2.2 Luxury Hotel Segment by Type
2.2.1 Business Hotel
2.2.2 Suite Hotel
2.2.3 Airport Hotel
2.2.4 Resorts Hotel
2.3 Luxury Hotel Market Size by Type
2.3.1 Global Luxury Hotel Market Size Market Share by Type (2013-2018)
2.3.2 Global Luxury Hotel Market Size Growth Rate by Type (2013-2018)
3 Global Luxury Hotel by Players
3.1 Global Luxury Hotel Market Size Market Share by Players
3.1.1 Global Luxury Hotel Market Size by Players (2016-2018)
3.1.2 Global Luxury Hotel Market Size Market Share by Players (2016-2018)
3.2 Global Luxury Hotel Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
TOC Continued….!
Tables And Figures
• Table Product Specifications of Luxury Hotel
• Figure Luxury Hotel Report Years Considered
• Figure Market Research Methodology
• Figure Global Luxury Hotel Market Size Growth Rate 2013-2023 ($ Millions)
• Table Luxury Hotel Market Size CAGR by Region 2013-2023 ($ Millions)
• Table Major Players of Business Hotel
• Table Major Players of Suite Hotel
• Table Major Players of Airport Hotel
• Table Major Players of Resorts Hotel
• Table Market Size by Type (2013-2018) ($ Millions)
Continued….
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