The research report on ‘ Luxury Hotel market’ now available with Analytical Research Cognizance, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining to market size, commercialization aspects and revenue estimation of this business. The report further elucidates the status of leading industry players thriving in the competitive spectrum of the ‘ Luxury Hotel market’.
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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.
The Luxury Hotel market status and outlook of global and major regions, from angles of players, countries, product types and end industries, this report analyzes the top players in global Luxury Hotel industry, and splits by product type and applications/end industries. This report also includes the impact of COVID-19 on the Luxury Hotel industry.
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.
According to this study, over the next five years the Luxury Hotel market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 222900 million by 2024, from US$ 171100 million in 2019. In particular, this report presents the global revenue market share of key companies in Luxury Hotel business, shared in Chapter 3.
Key players in global Luxury Hotel market include: 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
Market segmentation, by product types: Business Hotel, Suite Hotel, Resorts Hotel
Market segmentation, by applications: Room, F&B, SPA
Market segmentation, by regions:
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium)
Asia Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam)
Middle East & Africa (Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria)
Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru)
Luxury Hotel market – Reasons to get this report:
1] In an insight outlook, this research report has dedicated to several quantities of analysis – industry research (global industry trends) and Luxury Hotel market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape, emerging and high-growth sections of Luxury Hotel market, high-growth regions, and market drivers, restraints, and also market chances.
2] The analysis covers Luxury Hotel market and its advancements across different industry verticals as well as regions. It targets estimating the current market size and growth potential of the global Luxury Hotel Market across sections such as also application and representatives.
3] Additionally, the analysis also has a comprehensive review of the crucial players on the Luxury Hotel market together side their company profiles, SWOT analysis, latest advancements, and business plans.
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Some Points of TOC:
Chapter One: Industry Overview of Luxury Hotel
Chapter Two: Major Manufacturers Analysis of Luxury Hotel
Chapter Three: Global Price, Sales and Revenue Analysis of Luxury Hotel by Regions, Manufacturers, Types and Applications
Chapter Four: North America Sales and Revenue Analysis of Luxury Hotel by Countries
Chapter Five: Europe Sales and Revenue Analysis of Luxury Hotel by Countries
Chapter Six: Asia Pacific Sales and Revenue Analysis of Luxury Hotel by Countries
Chapter Seven: Latin America Sales and Revenue Analysis of Luxury Hotel by Countries
Chapter Eight: Middle East & Africa Sales and Revenue Analysis of Luxury Hotel by Countries
Chapter Nine: Global Market Forecast of Luxury Hotel by Regions, Countries, Manufacturers, Types and Applications
Chapter Ten: Industry Chain Analysis of Luxury Hotel
Chapter Eleven: New Project Investment Feasibility Analysis of Luxury Hotel
Chapter Twelve: Conclusion of the Global Luxury Hotel Industry Market Professional Survey 2020
Chapter Thirteen: Appendix
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Our report does take into account the impact of coronavirus pandemic and dedicates qualitative as well as quantitative sections of information within the report that emphasizes the impact of COVID-19.As this pandemic is ongoing and leading to dynamic shifts in stocks and businesses worldwide, we take into account the current condition and forecast the market data taking into consideration the micro and macroeconomic factors that will be affected by the pandemic.