Seattle, WA -- (SBWIRE) -- 12/05/2019 -- Luxury Hotel Market Overview:
The luxury hotel 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.

Get a Sample PDF Report: https://www.worldwidemarketreports.com/sample/256479

Scope of the Report:
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.
United States 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%. China and EU ranked the second and third markets with the market share of 18.58% and 17.28% in 2017.
The global Luxury Hotel market is valued at 171100 million USD in 2018 and is expected to reach 222900 million USD by the end of 2024, growing at a CAGR of 4.5% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

Brief of the competitive landscape
The Luxury Hotel market report consists of a brief of the competitive terrain of this industry.
The study specifies an analysis of the competitive scope in the competitive landscape.
Data related to the participants of the industry along with its current share in the market, area served as well as production sites is involved in the report.
Along with that, details regarding company's product portfolio, products' application areas, as well as features of the product has been presented in the study.
Information about the profiles of the companies as well as data related to their profit margins and models is also induced in the report.

Get Discount on this Report: https://www.worldwidemarketreports.com/discount/256479

Some of the key players in Luxury Hotels market include-
- Marriott International
- Hilton
- Starwood Hotels & Resorts (Marriott)
- Hyatt Hotels
- Four Seasons Holdings
- Shangri-La International Hotel Management
- InterContinental Hotels Group
- Mandarin Oriental International
- The Indian Hotels Company
- Jumeirah International
- Kerzner International Resorts
- ITC Hotels
- Leading Hotels

Market Segmentation:
By Type:
Airport Hotels
Resorts
Business Hotels
Suite Hotels
Others

Check the details Report https://www.worldwidemarketreports.com/speakanalyst/256479