Luxury Hotel Market on Its Way to Reach Maximum Share across the Globe | Analysis and Forecast 2024
"Final Report will add the analysis of the impact of COVID-19 on this industry."
As per the new research of Global Luxury Hotel Market 2020 industry experts, the report provides industry introduction, product scope, market overview, market opportunities, market risk, market driving force. These aspects help you to study current trends and identify forecast market situation 2019 to 2024.
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Scope of Luxury Hotel 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.
- North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Luxury Hotel.
- Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
To Understand How COVID-19 Impact is Covered in this Report on Luxury Hotel Market
Luxury Hotel Introduction:
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.
Top key players in Global Luxury Hotel market 2019 are:
- Marriott International
- Hilton
- Starwood Hotels & Resorts (Marriott)
- Hyatt Hotels
- Four Seasons Holdings
- Shangri-La International Hotel Management Ltd.
- InterContinental Hotels Group PLC
- Mandarin Oriental International Limited
- The Indian Hotels Company Limited
- Jumeirah International LLC
- Kerzner International Resorts
- ITC Hotels Limited.
Analysis by Segmentation:
Luxury Hotel Market Segment by Type, covers:
- Business Hotel
- Suite Hotel
- Airport Hotel
- Resorts Hotel
Luxury Hotel Market Segment by Applications can be divided into
- Room
- F&B
- SPA
- Others
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Detailed TOC of Global Luxury Hotel Market 2019 by Company, Regions, Type and Application, Forecast to 2024: Table of Contents
1 Luxury Hotel Market Overview
1.1 Product Overview and Scope of Luxury Hotel
1.2 Classification of Luxury Hotel by Types
1.2.1 Global Luxury Hotel Revenue Comparison by Types (2019-2024)
1.2.2 Global Luxury Hotel Revenue Market Share by Types in 2018
1.3 Global Luxury Hotel Market by Application
1.3.1 Global Luxury Hotel Market Size and Market Share Comparison by Applications (2014-2024)
1.4 Global Luxury Hotel Market by Regions
1.4.1 Global Luxury Hotel Market Size (Million USD) Comparison by Regions (2014-2024)
1.4.1 North America (USA, Canada and Mexico) Luxury Hotel Status and Prospect (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Luxury Hotel Status and Prospect (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Luxury Hotel Status and Prospect (2014-2024)
1.4.4 South America (Brazil, Argentina, Colombia) Luxury Hotel Status and Prospect (2014-2024)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Luxury Hotel Status and Prospect (2014-2024)
1.5 Global Market Size of Luxury Hotel (2014-2024)
2 Manufacturers Profiles
2.1 Company 1
2.1.1 Business Overview
2.1.2 Luxury Hotel Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Luxury Hotel Revenue, Gross Margin and Market Share (2017-2018)
2.2 Company 2
2.2.1 Business Overview
2.2.2 Luxury Hotel Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Luxury Hotel Revenue, Gross Margin and Market Share (2017-2018)
3 Global Luxury Hotel Market Competition, by Players
3.1 Global Luxury Hotel Revenue and Share by Players (2014-2019)
3.2 Market Concentration Rate
3.2.1 Top 5 Luxury Hotel Players Market Share
3.2.2 Top 10 Luxury Hotel Players Market Share
3.3 Market Competition Trend
4 Global Luxury Hotel Market Size by Regions
4.1 Global Luxury Hotel Revenue and Market Share by Regions
4.2 North America Luxury Hotel Revenue and Growth Rate (2014-2019)
4.3 Europe Luxury Hotel Revenue and Growth Rate (2014-2019)
4.4 Asia-Pacific Luxury Hotel Revenue and Growth Rate (2014-2019)
4.5 South America Luxury Hotel Revenue and Growth Rate (2014-2019)
4.6 Middle East and Africa Luxury Hotel Revenue and Growth Rate (2014-2019)
… and continued
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