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Summary
The Luxury Hotels market will register a CAGR of above 4.0% by 2023. The study covers a detailed analysis segmented by key business segments i.e. by type (Business Hotels, Airport Hotels , Holiday Hotels , Resort & Spas and Other (Suite Hotel, Service apartments, Casino hotels, conference and convention centers)) , by application (Room , F & B , Spas and Others (Amenities, pool facilities, Welcome and Leaving gifts, Fancy transfer services )) and major geographies.
The competition is expected to become even more intense in the coming years with the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this Luxury Hotels market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
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The report offers several leading Players, including:
Marriott International Inc. (United States), Wyndham Destinations (United States), Hilton Hotels & Resorts (United States), Hyatt Corporation (United States), Kerzner International Resort Inc. (United States), Radisson Hotel Group (United States), Accor Hotel (France), Four Seasons Holdings Inc. (Canada), Intercontinental Hotels Group (U.K.), Taj Hotels (India), ITC Hotels Limited (India), The Indian Hotel Companies Limited (India)
Market Overview:
In March 2017, Accor Hotels announced its strategic partnership with Rixos Hotels to expand its geographical footprint in various countries including Russia, Egypt, UAE, and Turkey. and In September 2016, Marriott International, Inc. completed its acquisition of Starwood Hotels & Resorts Worldwide, Inc., creating the world’s largest and best hotel company providing maximum portfolio of brands including leading lifestyle brands, a significant global footprint, and leadership in the luxury and select-service tie
The International Luxury Hotel Association reaches an audience of more than 500,000 hotel professionals in 90+ countries. It also produces LUXURY HOTELIERS Magazine, ILHA SmartBrief and the INSPIRE SUMMITS in Europe and North America.
Market Trend
Complementary Kid clubs , Inclination towards luxurious hotels among consumers in developing countries , Increasing standard of living and Rise in preference for leisure travel
Key highlights of the Global Luxury Hotels market Study:
• CAGR of the market during the forecast period 2017-2023
• Detailed information on factors that will accelerate the growth of the Luxury Hotels market for the next five years.
• Forecast of the Global Luxury Hotels market size and its contribution to the parent market by type, application and by country.
• Insights on upcoming trends and changes in consumer behaviour
• Uncovering market’s competitive landscape and in-depth information on various Players
• Comprehensive information about factors that will challenge the growth of Luxury Hotels Players
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Table of Contents
1 Market Overview
1.1 Luxury Hotel Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 Luxury Hotel Type and Applications
2.1.3 Luxury Hotel Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
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