Luxury Hotels Market - A Global Scenario

Transparency Market Research Report Added "Luxury Hotels Market" to its database.

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Albany, NY -- (SBWire) -- 04/21/2015 --This research report on the global luxury hotels market encapsulates all the essential information required to help you take the appropriate decision with your business. The report analyzes each segment in the luxury hotels categories such as individual establishments and luxury hotel chains. Each establishment is explained keeping in view all their unique marketing attributes to maintain the latest information from the industry. The report specifies a markedly different approach to the competitive landscape created in this environment, along with assessing the key players and the value chain created.

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The companies that operate within the boundaries of the luxury hotels market can successfully obtain a holistic snapshot of the global market to help determine the market's latent needs and act accordingly. It establishes the market's top contributors, summarizes a market background, divests opportunities, assesses the market's strength and weaknesses, and elaborates its drivers and inhibitors. The report does so using Porter's five force analysis along with a SWOT analysis. All company profiles, market forecasts and analyses are organized in a streamlined manner to provide easy access to any information at any time.

Overview

The luxury hotels market has become one of the fastest growing markets in the consumer retail segment. This market is largely responsible for the overall growth of the global tourism market. The hotel industry has evolved from being simple rooms with beds to luxury 5-star accommodations, complete with dining and recreational amenities like a swimming pool, Jacuzzi tubs, spa, and parks. Many hotels today provide additional services such as art rooms, fitness gyms, business centers, convention halls and banquet halls.

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Key driving factors in the luxury hotels market are an increasing number of consumers with disposable incomes, and increasing number of consumers with high net worth, and a growing impact of the corporate sector on the national and international economies that help the thriving corporate culture. The most important factors that create restraints in the luxury hotels market are the economic slowdown, coupled with natural disasters like earthquakes, storms, and floods. Geographically speaking, the market is suggested to be driven by the countries with emerging tourism and corporate avenues, including Dubai, China, and India. Most growth has been recorded in the BRIC countries (Brazil, Russia, Indian, and China). Washington DC is one of the fastest-growing areas for global tourism, while New York holds the largest tourist volumes.

Companies mentioned

The key players in the luxury hotels market are linked with growth in countries with new businesses for tourism and corporate culture. Some of the top names mentioned in the research report include the Hilton, Sheraton, Starwoods Hotels and Resorts, Four Seasons and Hyatt Hotels Corporation.

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About Transparency Market Research
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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