Global Luxury Hotel Market Size, Industry Growing with a CAGR of 3.9% during 2018-2025
A newly compiled business intelligent report, titled “Global Luxury Hotel Market” has been publicized to the vast archive of Market Research Hub (MRH) online repository. The study revolves around the analysis of Luxury Hotel market, covering key industry developments and market opportunity map during the mentioned forecast period. This report further conveys quantitative & qualitative analysis on the concerned market, providing a 360 view on current and future market prospects. As the report proceeds, information regarding the prominent trends as well as opportunities in the key geographical segments have also been explained, thus enabling companies to be able to make region-specific strategies for gaining competitive lead.
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This report studies the global Luxury Hotel market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Luxury Hotel market by companies, region, type and end-use industry.
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.
In 2017, the global Luxury Hotel market size was 171100 million US$ and it is expected to reach 232300 million US$ by the end of 2025, with a CAGR of 3.9% during 2018-2025.
This report focuses on the global top players, covered
Starwood Hotels & Resorts (Marriott)
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
Market segment by Regions/Countries, this report covers
Market segment by Type, the product can be split into
Market segment by Application, split into
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Table of Contents
Global Luxury Hotel Market Size, Status and Forecast 2025
1 Industry Overview of Luxury Hotel
1.1 Luxury Hotel Market Overview
1.1.1 Luxury Hotel Product Scope
1.1.2 Market Status and Outlook
1.2 Global Luxury Hotel Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.5 Southeast Asia
1.3 Luxury Hotel Market by Type
1.3.1 Business Hotel
1.3.2 Suite Hotel
1.3.3 Airport Hotel
1.3.4 Resorts Hotel
1.4 Luxury Hotel Market by End Users/Application
2 Global Luxury Hotel Competition Analysis by Players
2.1 Luxury Hotel Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Marriott International
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Luxury Hotel Revenue (Million USD) (2013-2018)
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Luxury Hotel Revenue (Million USD) (2013-2018)
3.3 Starwood Hotels & Resorts (Marriott)
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Luxury Hotel Revenue (Million USD) (2013-2018)
3.4 Hyatt Hotels
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Luxury Hotel Revenue (Million USD) (2013-2018)
3.5 Four Seasons Holdings Inc.
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Luxury Hotel Revenue (Million USD) (2013-2018)
3.6 Shangri-La International Hotel Management Ltd.
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Luxury Hotel Revenue (Million USD) (2013-2018)
3.7 InterContinental Hotels Group PLC
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Luxury Hotel Revenue (Million USD) (2013-2018)
3.8 Mandarin Oriental International Limited
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Luxury Hotel Revenue (Million USD) (2013-2018)
3.9 The Indian Hotels Company Limited
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Luxury Hotel Revenue (Million USD) (2013-2018)
3.10 Jumeirah International LLC
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Luxury Hotel Revenue (Million USD) (2013-2018)
3.11 Kerzner International Resorts, Inc.
3.12 ITC Hotels Limited
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