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Luxury Hotel Market Industry Analysis Report, Regional Outlook, Application Forecast, 2021 – 2027

Market Research Engine has published a new report titled asLuxury Hotel Market Size by Service Type (Business Hotels, Airport Hotels, Suite Hotels, Resorts, Other Service Types), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2021-2027.”

The global Luxury Hotel market is segregated on the basis of Service Type as Business Hotels, Airport Hotels, Suite Hotels, Resorts, and Other Service Types.

The Luxury Hotel Market is expected to be around US$ 237.84 Billion by 2027 at a CAGR of 4.24% in the given forecast period.

Browse Full Report: https://www.marketresearchengine.com/luxury-hotel-market

Luxury hotels deliver comfortable stay to tourist and travellers along with facilities such as swimming pool, spa, and fitness center. The market for luxury hotel has grown significantly in the past few years due to growth in the number of business travellers globally. The global luxury hotel market is driven by growth in travel & tourism industry, rise in preference for leisure travel, and better standard of living. Nevertheless, premium price charged by such hotels restrains the market development. The growth in the tourism and travel industry and altering forms in the standard of living have led to progressive development in the luxury hotel market trends. The demand for luxury hotels differs with the type of properties and is influenced by factors such as size, location, and on-site properties. Growing disposable income, popularizing weekend culture, the overview of low-cost airline services, and the booming service sector are expected to drive the market. Sports teams, as well as audiences traveling from different destinations for the tournament, tend to book their stays in luxury hotels, leading to a surge in the number of bookings.

The global Luxury Hotel market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Luxury Hotel market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

ITC HOTELS, Marriott International Inc., Accor SA, Belmond Ltd, Four Seasons Hotels Limited, InterContinental Hotels Group PLC, Rosewood Hotels & Resorts, Ritz-Carlton Hotel Company LLC, Hyatt Corporation, Shangri-La International Hotel Management Ltd, and others are among the major players in the global Luxury Hotel market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Luxury Hotel Market has been segmented as below:

Luxury Hotel Market, By Service Type

  • Business Hotels
  • Airport Hotels
  • Suite Hotels
  • Resorts
  • Other Service Types

Luxury Hotel Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Luxury Hotel Market, By Company

  • ITC HOTELS
  • Marriott International Inc.
  • Accor SA
  • Belmond Ltd
  • Four Seasons Hotels Limited
  • InterContinental Hotels Group PLC
  • Rosewood Hotels & Resorts
  • Ritz-Carlton Hotel Company LLC
  • Hyatt Corporation
  • Shangri-La International Hotel Management Ltd

The report covers:

  • Global Luxury Hotel market sizes from 2021 to 2027, along with CAGR for 2021-2026
  • Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2020 and forecast from 2021 to 2027
  • Global Luxury Hotel market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Luxury Hotel market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global Luxury Hotel market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Luxury Hotel market share. Major industry players with significant revenue share include ITC HOTELS, Marriott International Inc., Accor SA, Belmond Ltd, Four Seasons Hotels Limited, InterContinental Hotels Group PLC, Rosewood Hotels & Resorts, Ritz-Carlton Hotel Company LLC, Hyatt Corporation, Shangri-La International Hotel Management Ltd, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Luxury Hotel industry trends
  • Find complete analysis on the market status
  • Identify the Luxury Hotel market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Customization

Customized report as per the requirement can be offered with appropriate recommendations

Request Sample Report from here: https://www.marketresearchengine.com/luxury-hotel-market

Table of Contents:

  1.  Introduction
    1.1.    Key Points
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders
    2.    Research Methodology
    3.    Executive Summary
    4.    Market Overview

    5.    Luxury Hotel Market, By Service Type
    6.    Competitive Landscape
    7.    Company Profiles
    7.1 ITC HOTELS
    7.2 Marriott International Inc.
    7.3 Accor SA
    7.4 Belmond Ltd
    7.5 Four Seasons Hotels Limited
    7.6 InterContinental Hotels Group PLC
    7.7 Rosewood Hotels & Resorts
    7.8 Ritz-Carlton Hotel Company LLC
    7.9 Hyatt Corporation
    7.10 Shangri-La International Hotel Management Ltd

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