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Market Research Report
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1105613

Global Boutique Hotels Market Size study, By Type (Business Hotel, Suite Hotels, Airport Hotels, Resorts Hotels) By Application (Travelers, Educational Trips, Friends & Family Trip), and Regional Forecasts 2022-2028

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Boutique Hotels Market Size study, By Type (Business Hotel, Suite Hotels, Airport Hotels, Resorts Hotels) By Application (Travelers, Educational Trips, Friends & Family Trip), and Regional Forecasts 2022-2028
Published: July 5, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global Boutique Hotels Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Boutique Hotels can be defined as a smaller, upscale, luxury hotel. In comparison with traditional hotels boutique hotels offer a distinct personality, intimate experience, and highly personalized service. Boutique hotels are located posh & upscale neighborhoods of cities and generally do not offer more than 100 rooms. The growing Hotel industry in Post covid era and increasing occupancy rate in luxury hotels as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista - as of 2022, revenue in worldwide hotel segment is estimated at USD 300 billion, and the revenue is projected to grow to USD 485 billion by end of 2026. Furthermore, leading market players in hospitality sector are working towards expansion in boutique hotel sector to leverage the increasing demand for Boutique Hotels Market. For instance, in October 2021, ITC Hotel launched its new destination-led luxury brand called Mementos. Under this new brand Mementos, the hospitality group would open boutique luxury hotels across various destinations. Moreover, in April 2022, Espire hospitality Group launched a new luxury boutique resort brand named ZANA in India. Under ZANA brand the first property would be a 30 rooms lakeside resort in Udaipur. Also, growing emergence of leased franchised hotel chains as well as rapid urbanization in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a lack of penetration in developing regions impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Boutique Hotels Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing trend of low budget luxury hotels and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the rapid urbanization and increasing penetration franchised hotel chains, would create lucrative growth prospects for the global Boutique Hotels Market across the Asia Pacific region.

Major market players included in this report are:

ITC Hotels Limited

The Indian Hotels Company Limited

Jumeirah International LLC

Mandarin Oriental International Limited

Four Seasons Holdings Inc.

Shangri-La International Hotel Management Ltd.

Triple Creek Inn

Starwood Hotels & Resorts

Hilton

Marriott International

InterContinental Hotels Group PLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type

Business Hotel

Suite Hotels

Airport Hotels

Resorts Hotels

By Application

Travelers

Educational Trips

Friends & Family Trip

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Boutique Hotels Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
    • 1.2.1. Global Boutique Hotels Market, by Region, 2020-2028 (USD Million)
    • 1.2.2. Global Boutique Hotels Market, by Type, 2020-2028 (USD Million)
    • 1.2.3. Global Boutique Hotels Market, by Application, 2020-2028 (USD Million)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Boutique Hotels Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Boutique Hotels Market Dynamics

  • 3.1. Boutique Hotels Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Growing Hotel industry in Post covid era.
      • 3.1.1.2. Increasing occupancy rate in luxury hotels.
      • 3.1.1.3. Strategic initiatives from leading market players.
    • 3.1.2. Market Challenges
      • 3.1.2.1. Lack of penetration in developing regions.
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Growing emergence of leased franchised hotel chains.
      • 3.1.3.2. Rapid urbanization in emerging economies.

Chapter 4. Global Boutique Hotels Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Boutique Hotels Market, by Type

  • 6.1. Market Snapshot
  • 6.2. Global Boutique Hotels Market by Type, Performance - Potential Analysis
  • 6.3. Global Boutique Hotels Market Estimates & Forecasts by Type 2018-2028 (USD Million)
  • 6.4. Boutique Hotels Market, Sub Segment Analysis
    • 6.4.1. Business Hotel
    • 6.4.2. Suite Hotels
    • 6.4.3. Airport Hotels
    • 6.4.4. Resorts Hotels

Chapter 7. Global Boutique Hotels Market, by Application

  • 7.1. Market Snapshot
  • 7.2. Global Boutique Hotels Market by Application, Performance - Potential Analysis
  • 7.3. Global Boutique Hotels Market Estimates & Forecasts by Application 2018-2028 (USD Million)
  • 7.4. Boutique Hotels Market, Sub Segment Analysis
    • 7.4.1. Travelers
    • 7.4.2. Educational Trips
    • 7.4.3. Friends & Family Trip

Chapter 8. Global Boutique Hotels Market, Regional Analysis

  • 8.1. Boutique Hotels Market, Regional Market Snapshot
  • 8.2. North America Boutique Hotels Market
    • 8.2.1. U.S. Boutique Hotels Market
      • 8.2.1.1. Type estimates & forecasts, 2018-2028
      • 8.2.1.2. Application estimates & forecasts, 2018-2028
    • 8.2.2. Canada Boutique Hotels Market
  • 8.3. Europe Boutique Hotels Market Snapshot
    • 8.3.1. U.K. Boutique Hotels Market
    • 8.3.2. Germany Boutique Hotels Market
    • 8.3.3. France Boutique Hotels Market
    • 8.3.4. Spain Boutique Hotels Market
    • 8.3.5. Italy Boutique Hotels Market
    • 8.3.6. Rest of Europe Boutique Hotels Market
  • 8.4. Asia-Pacific Boutique Hotels Market Snapshot
    • 8.4.1. China Boutique Hotels Market
    • 8.4.2. India Boutique Hotels Market
    • 8.4.3. Japan Boutique Hotels Market
    • 8.4.4. Australia Boutique Hotels Market
    • 8.4.5. South Korea Boutique Hotels Market
    • 8.4.6. Rest of Asia Pacific Boutique Hotels Market
  • 8.5. Latin America Boutique Hotels Market Snapshot
    • 8.5.1. Brazil Boutique Hotels Market
    • 8.5.2. Mexico Boutique Hotels Market
  • 8.6. Rest of The World Boutique Hotels Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. ITC Hotels ltd.
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. The Indian Hotels Company Limited
    • 9.2.3. Jumeirah International LLC
    • 9.2.4. Mandarin Oriental International Limited
    • 9.2.5. Four Seasons Holdings Inc.
    • 9.2.6. Shangri-La International Hotel Management Ltd.
    • 9.2.7. Triple Creek Inn
    • 9.2.8. Starwood Hotels & Resorts
    • 9.2.9. Hilton
    • 9.2.10. Marriott International
    • 9.2.11. InterContinental Hotels Group PLC

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Boutique Hotels Market, report scope
  • TABLE 2. Global Boutique Hotels Market estimates & forecasts by Region 2018-2028 (USD Million)
  • TABLE 3. Global Boutique Hotels Market estimates & forecasts by Type 2018-2028 (USD Million)
  • TABLE 4. Global Boutique Hotels Market estimates & forecasts by Application 2018-2028 (USD Million)
  • TABLE 5. Global Boutique Hotels Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 6. Global Boutique Hotels Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 7. Global Boutique Hotels Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 8. Global Boutique Hotels Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 9. Global Boutique Hotels Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 10. Global Boutique Hotels Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 11. Global Boutique Hotels Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 12. Global Boutique Hotels Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 13. Global Boutique Hotels Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 14. Global Boutique Hotels Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 15. U.S. Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 16. U.S. Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 17. U.S. Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 18. Canada Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 19. Canada Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 20. Canada Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 21. UK Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 22. UK Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 23. UK Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 24. Germany Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 25. Germany Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 26. Germany Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 27. RoE Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 28. RoE Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 29. RoE Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 30. China Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 31. China Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 32. China Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 33. India Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 34. India Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 35. India Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 36. Japan Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 37. Japan Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 38. Japan Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 39. RoAPAC Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 40. RoAPAC Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 41. RoAPAC Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 42. Brazil Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 43. Brazil Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 44. Brazil Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 45. Mexico Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 46. Mexico Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 47. Mexico Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 48. RoLA Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 49. RoLA Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 50. RoLA Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 51. Row Boutique Hotels Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 52. Row Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 53. Row Boutique Hotels Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 54. List of secondary sources, used in the study of global Boutique Hotels Market
  • TABLE 55. List of primary sources, used in the study of global Boutique Hotels Market
  • TABLE 56. Years considered for the study
  • TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Boutique Hotels Market, research methodology
  • FIG 2. Global Boutique Hotels Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global Boutique Hotels Market, key trends 2021
  • FIG 5. Global Boutique Hotels Market, growth prospects 2022-2028
  • FIG 6. Global Boutique Hotels Market, porters 5 force model
  • FIG 7. Global Boutique Hotels Market, pest analysis
  • FIG 8. Global Boutique Hotels Market, value chain analysis
  • FIG 9. Global Boutique Hotels Market by segment, 2018 & 2028 (USD Million)
  • FIG 10. Global Boutique Hotels Market by segment, 2018 & 2028 (USD Million)
  • FIG 11. Global Boutique Hotels Market by segment, 2018 & 2028 (USD Million)
  • FIG 12. Global Boutique Hotels Market by segment, 2018 & 2028 (USD Million)
  • FIG 13. Global Boutique Hotels Market by segment, 2018 & 2028 (USD Million)
  • FIG 14. Global Boutique Hotels Market, regional snapshot 2018 & 2028
  • FIG 15. North America Boutique Hotels Market 2018 & 2028 (USD Million)
  • FIG 16. Europe Boutique Hotels Market 2018 & 2028 (USD Million)
  • FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
  • FIG 18. Latin America Boutique Hotels Market 2018 & 2028 (USD Million)
  • FIG 19. Global Boutique Hotels Market, company Market share analysis (2021)