This market research report presents a comprehensive analysis of the global Luxury Hotel market by Companies such as Four Seasons Holdings Inc., Intercontinental Hotels Group, Marriott International Inc., Hyatt Corporation., ITC Hotels Limited, Shangri-La International Hotel Management Ltd., Jumeirah International LLC, and The Indian Hotel Companies Limited. The report also provides an analysis of the market’s growth prospects in regions such as North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.
Pune, India -- (SBWIRE) -- 03/03/2019 -- Rising trends of western lifestyles in worldwide scenario paced the requirement for luxury hotels market during business meetings and holidays. Also Rising disposable income, popularizing weekend culture, the introduction of low-cost airline services and booming service sector are expected to drive the market. As more and more users are keen in materializing their dreams of luxury living, they are investing bountifully on the same, which boosts the development of luxury hotels market. With a broad series of expectations from the realm of luxury services, users are choosing for luxury hotels and resorts over regular breakfast and bed accommodations, thereby towering the luxury hotels market.
The Global Luxury Hotel Market is accounted by 2026 growing at a CAGR of +4% during the forecast period.
The global luxury hotel market is driven by rise in travel & tourism industry, increase in preference for leisure travel, and improved standard of living. However, premium price charged by such hotels restrains the market growth. Business hotels segment is expected to dominate the market throughout the analysis period, owing to huge consumer base, which includes business travelers, tour groups, and small conference groups.
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Key Market Players Profiled in the Report are: Four Seasons Holdings Inc., Intercontinental Hotels Group, Marriott International Inc., Hyatt Corporation., ITC Hotels Limited, Shangri-La International Hotel Management Ltd., Jumeirah International LLC, and The Indian Hotel Companies Limited.
This highly surveyed statistical report also tries to comprehend the approaches taken by the vendors in the global Luxury Hotel market to provide product differentiation through Porter's five forces analysis which is inventive. With this, it also figures out ways through which these companies can fortify their stand in the market and expand their revenues during the forecast tenure.
The report focuses on six of the key geographical areas around the world have been assessed in the report, namely. India, Japan, Southeast Asia, Europe, China and North America. The progress of each of these countries and regions was examined on the basis of participation, price, local consumption, exports, imports and local supply. In addition, the report provided a basic overview of all these geographical areas.
The research report of the global Luxury Hotel market also includes an in-depth assessment of competitive landscape. It scrutinizes the business and marketing approaches of the overall market for the forthcoming years. Along with this, the research report also includes an analysis of the current progresses and future plans of the firms in order to comprehend the course of the players in the near future.
- Business Hotels
- Suite Hotels
- Airport Hotels
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Reasons to Purchase Luxury Hotel Market Research Report
- Analyzing the outlook of the market with the recent trends and Porter's five forces analysis
- Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
- Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- 3-month analyst supports, along with the Market Estimates sheet in excel
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Table of Contents:
Global Luxury Hotel Market Research Report
Chapter 1 Luxury Hotel Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
…….CONTINUED FOR TOC