Luxury Hotels Market Growth, Size, Share, Trends, and Forecast 2028

Luxury Hotels Market

Luxury Hotels Market By Type (Business Hotels, Suite Hotels, Airport Hotels, and Resorts): Global Industry Perspective, Comprehensive Analysis and Forecast, 2021-2028

Category: Consumer Goods Report Format : PDF Pages: 156 Report Code: ZMR-475 Published Date: Mar-2023 Status : Published
Market Size in 2020 Market Forecast in 2028 CAGR (in %) Base Year
USD 11.24 Billion USD 14.40 Billion 3.5% 2020

Table Of Content

  • Chapter No. 1: Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2: Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Luxury Hotels Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3: COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4: Luxury Hotels Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Business Hotels
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Suite Hotels
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Airport Hotels
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Resorts
      • 4.5.1. Market Size and Forecast, By Region (USD Million)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5: Luxury Hotels Market – Regional Analysis
    • 5.1. Overview
      • 5.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 5.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 5.2. North America
      • 5.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 5.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 5.2.3. U.S.
        • 5.2.3.1. U.S. Market Revenue, By Type, 2016 – 2028
      • 5.2.4. Canada
        • 5.2.4.1. Canada Market Revenue, By Type, 2016 – 2028
      • 5.2.5. Mexico
        • 5.2.5.1. Mexico Market Revenue, By Type, 2016 – 2028
    • 5.3. Europe
      • 5.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 5.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 5.3.3. Germany
        • 5.3.3.1. Germany Market Revenue, By Type, 2016 – 2028
      • 5.3.4. France
        • 5.3.4.1. France Market Revenue, By Type, 2016 – 2028
      • 5.3.5. U.K.
        • 5.3.5.1. U.K. Market Revenue, By Type, 2016 – 2028
      • 5.3.6. Italy
        • 5.3.6.1. Italy Market Revenue, By Type, 2016 – 2028
      • 5.3.7. Spain
        • 5.3.7.1. Spain Market Revenue, By Type, 2016 – 2028
      • 5.3.8. Rest of Europe
        • 5.3.8.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
    • 5.4. Asia Pacific
      • 5.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 5.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 5.4.3. China
        • 5.4.3.1. China Market Revenue, By Type, 2016 – 2028
      • 5.4.4. Japan
        • 5.4.4.1. Japan Market Revenue, By Type, 2016 – 2028
      • 5.4.5. India
        • 5.4.5.1. India Market Revenue, By Type, 2016 – 2028
      • 5.4.6. South Korea
        • 5.4.6.1. South Korea Market Revenue, By Type, 2016 – 2028
      • 5.4.7. South-East Asia
        • 5.4.7.1. South-East Asia Market Revenue, By Type, 2016 – 2028
      • 5.4.8. Rest of Asia Pacific
        • 5.4.8.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
    • 5.5. Latin America
      • 5.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 5.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 5.5.3. Brazil
        • 5.5.3.1. Brazil Market Revenue, By Type, 2016 – 2028
      • 5.5.4. Argentina
        • 5.5.4.1. Argentina Market Revenue, By Type, 2016 – 2028
      • 5.5.5. Rest of Latin America
        • 5.5.5.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
    • 5.6. The Middle-East and Africa
      • 5.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 5.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 5.6.3. GCC Countries
        • 5.6.3.1. GCC Countries Market Revenue, By Type, 2016 – 2028
      • 5.6.4. South Africa
        • 5.6.4.1. South Africa Market Revenue, By Type, 2016 – 2028
      • 5.6.5. Rest of Middle-East Africa
        • 5.6.5.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
  • Chapter No. 6: Luxury Hotels Market – Industry Analysis
    • 6.1. Introduction
    • 6.2. Market Drivers
    • 6.3. Market Restraints
    • 6.4. Market Opportunities
    • 6.5. Porter’s Five Forces Analysis
    • 6.6. PEST Analysis
    • 6.7. Regulatory Landscape
    • 6.8. Technology Landscape
    • 6.9. Regional Market Trends
      • 6.9.1. North America
      • 6.9.2. Europe
      • 6.9.3. Asia Pacific
      • 6.9.4. Latin America
      • 6.9.5. The Middle-East and Africa
    • 6.10. Value Chain Analysis
  • Chapter No. 7: Competitive Landscape
    • 7.1. Company Market Share Analysis – 2020
    • 7.2. Strategic Developments
      • 7.2.1. Acquisitions & Mergers
      • 7.2.2. New Product Launch
      • 7.2.3. Regional Expansion
    • 7.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 8: Company Profiles
    • 8.1. InterContinental Hotels Group PLC
    • 8.2. Jumeirah International LLC
    • 8.3. Starwood Hotels & Resorts
    • 8.4. Kerzner International Resorts
    • 8.5. Four Seasons Huldings Inc.
    • 8.6. Shangri-La International Hotel Management Ltd.
    • 8.7. ITC Hotels
    • 8.8. Marriott International
    • 8.9. Mandarin Oriental International Limited
    • 8.10. The Indian Hotels Company Limited,
  • Chapter No. 9: Marketing Strategy Analysis
    • 9.1. Marketing Channel
    • 9.2. Direct Marketing
    • 9.3. Indirect Marketing
    • 9.4. Marketing Channel Development Trends
    • 9.5. Economic/Pulitical Environmental Change
  • Chapter No. 10. Research Methodology
    • 10.1. Research Methodology
    • 10.2. Phase I - Secondary Research
    • 10.3. Phase II - Data Modeling
      • 10.3.1. Company Share Analysis Model
      • 10.3.2. Revenue Based Modeling
    • 10.4. Phase III - Primary Research
    • 10.5. Research Limitations
      • 10.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Region
FIG NO. 3. Global Luxury Hotels Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 4. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 5. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 6. Global Luxury Hotels Market for Business Hotels, Revenue (USD Million) 2016 – 2028
FIG NO. 7. Comparative Revenue Analysis of Luxury Hotels Market for Business Hotels, By Country, 2020 & 2028
FIG NO. 8. Global Luxury Hotels Market for Suite Hotels, Revenue (USD Million) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Luxury Hotels Market for Suite Hotels, By Country, 2020 & 2028
FIG NO. 10. Global Luxury Hotels Market for Airport Hotels, Revenue (USD Million) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Luxury Hotels Market for Airport Hotels, By Country, 2020 & 2028
FIG NO. 12. Global Luxury Hotels Market for Resorts, Revenue (USD Million) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Luxury Hotels Market for Resorts, By Country, 2020 & 2028
FIG NO. 14. Global Luxury Hotels Market Revenue Share, By Region, 2020 & 2028
FIG NO. 15. North America Luxury Hotels Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 16. Porter’s Five Forces Analysis for Global Luxury Hotels Market
FIG NO. 17. PEST Analysis for Global Luxury Hotels Market
FIG NO. 18. Pricing Analysis for Global Luxury Hotels Market
FIG NO. 19. Value Chain Analysis for Global Luxury Hotels Market
FIG NO. 20. Company Share Analysis, 2019
FIG NO. 21. Radar Determinant Chart, 2019
FIG NO. 22. Company Strategic Developments – Heat Map Analysis
FIG NO. 23. InterContinental Hotels Group PLC Business Segment Revenue Share, 2020 (%)
FIG NO. 24. InterContinental Hotels Group PLC Geographical Segment Revenue Share, 2020 (%)
FIG NO. 25. Market Channels
FIG NO. 26. Marketing Channel Development Trend
FIG NO. 27. Research Methodology – Detailed View
FIG NO. 28. Research Methodology


Table Of Tables

List of Tables

TABLE NO. 1. Global Luxury Hotels Market. Snapshot
TABLE NO. 2. Quarterly Luxury Hotels Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Luxury Hotels Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Luxury Hotels Market for Business Hotels, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Luxury Hotels Market for Suite Hotels, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Luxury Hotels Market for Airport Hotels, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Luxury Hotels Market for Resorts, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Luxury Hotels Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 11. North America Luxury Hotels Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 12. North America Luxury Hotels Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 13. U.S. Luxury Hotels Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 14. Canada Luxury Hotels Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 15. Mexico Luxury Hotels Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 16. Drivers for the Luxury Hotels Market. Impact Analysis
TABLE NO. 17. Restraints for the Luxury Hotels Market. Impact Analysis
 

Methodology

FrequentlyAsked Questions

The Luxury Hotels Market was valued at USD 11.24 Billion in 2020.

The Luxury Hotels Market is expected to reach USD 14.40 Billion by 2028, growing at a CAGR of 3.5% between 2021 to 2028.

Some of the key factors are shift of consumer’s preference towards luxurious experience and comfort and a rise in income with improving standards of living are driving the luxury hotel industry demand all over the globe.

North America held a share of around 35% in 2020. European market is expected to grow as it has rich history of European countries such as Spain, Italy, France and more.

Some of key players in Luxury Hotels Market are InterContinental Hotels Group PLC, Jumeirah International LLC, Starwood Hotels & Resorts, Kerzner International Resorts, Four Seasons Holdings Inc., Shangri-La International Hotel Management Ltd., ITC Hotels, Marriott International, Mandarin Oriental International Limited and The Indian Hotels Company Limited, are among others.

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