Global Luxury Hotel Market Growth, Size, Trends Analysis - By Category, By Type, By Booking Mode - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Luxury Hotel Market Introduction and Overview

According to SPER market research, 'Global Luxury Hotel Market Size- By Category, By Type, By Booking Mode - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Luxury Hotel Market is predicted to reach 213.98 billion by 2034 with a CAGR of 7.46%.

A luxury hotel is a high-end lodging establishment that offers guests looking for upscale experiences excellent comfort, service, and amenities. Beautiful architecture, opulent decor, exquisite dining options, individualised services, and remarkable attention to detail are all hallmarks of these hotels. By providing upscale facilities like spas, concierge services, private suites, and customised experiences, they appeal to affluent tourists.

Restraints: The growth of the sector is expected to be hampered by the emergence of low-cost shared housing platforms such as Airbnb in low-income countries and the higher rates for stays in hotels with higher star ratings. Younger travellers and millennials may find the freedom and authenticity offered by lodging-sharing services particularly alluring. Instead of choosing the opulence and conveniences offered by conventional hotels, they might appreciate the chance to stay in local neighbourhoods, engage with hosts, and see places as locals do.

Scope of the report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Category, By Type, By Booking Mode

Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered Accor, Belmond Management Limited, Four Seasons Hotel Limited, InterContinental Hotel Group, Mandarin Oriental Hotel Group Limited, Marriott International, Inc, Rosewood Hotel Group, The Indian Hotel Company Limited, Radisson Hotel Group, Aman Resorts.

Global Luxury Hotel Market Segmentation:

By Category: Based on the Category, Global Luxury Hotel Market is segmented as; Chain, Independent.

By Type: Based on the Type, Global Luxury Hotel Market is segmented as Business Hotels, Airport Hotels, Holiday Hotels, Resorts & Spa, Other.

By Booking Mode: Based on the Booking Mode, Global Luxury Hotel Market is segmented as; Direct Booking, Travel Agents, Online Travel Agencies.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Product Code: FMCG25124

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Luxury Hotel Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Luxury Hotel Market

7. Global Luxury Hotel Market, By Category (USD Million) 2021-2034

7.1. Chain
7.2. Independent

8. Global Luxury Hotel Market, By Type (USD Million) 2021-2034

8.1. Business Hotels
8.2. Airport Hotels
8.3. Holiday Hotels
8.4. Resorts & Spa
8.5. Others

9. Global Luxury Hotel Market, By Booking Mode (USD Million) 2021-2034

9.1. Direct Booking
9.2. Travel Agents
9.3. Online Travel Agencies

10. Global Luxury Hotel Market, (USD Million) 2021-2034

10.1. Global Luxury Hotel Market Size and Market Share

11. Global Luxury Hotel Market, By Region, (USD Million) 2021-2034

11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America

12. Company Profile

12.1. Accor
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
12.2. Aman Resorts
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
12.3. Belmond Management Limited
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
12.4. Four Seasons Hotel Limited
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
12.5. InterContinental Hotel Group
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
12.6. Mandarin Oriental Hotel Group Limited
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
12.7. Marriott International, Inc
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
12.8. Rosewood Hotel Group
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
12.9. The Indian Hotel Company Limited
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
12.10. Radisson Hotel Group
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
12.11. Others