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Global Luxury Hotel Market by Type (Airport Hotel, Business Hotel, Holiday Hotel), Operation (Chain, Independent) - Forecast 2024-2030

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  • 180 Pages
  • June 2024
  • Region: Global
  • 360iResearch™
  • ID: 4904943
UP TO OFF until Dec 31st 2024
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The Luxury Hotel Market size was estimated at USD 100.18 billion in 2023, USD 105.39 billion in 2024, and is expected to grow at a CAGR of 5.35% to reach USD 144.36 billion by 2030.

Luxury hotels are primarily engaged in providing sophisticated lodging options, event spaces, and refined dining services to individual travelers, businesses, and the event industry. The luxury hotel market is heavily driven by the increasing disposable income among the middle and upper-class populations. Additionally, the growing preference for leisure travel and the desire for unique and personalized experiences are significant drivers. The rise of international tourism and the expansion of the business travel sector also contribute to the upward trajectory of this market. Despite the strong growth prospects, the market faces challenges owing to high operational costs associated with maintaining the expected standard of luxury and service. The luxury hotel sector also faces stiff competition from alternative accommodations, such as luxury rentals and boutique hotels. Additionally, economic downturns and geopolitical issues can greatly affect international travel and, consequently, the demand for luxury accommodations. However, opportunities for growth in the luxury hotel market include tapping into emerging markets where luxury travel is becoming more accessible. Innovation in service and the integration of advanced technologies for improved customer experience are also key opportunities. Furthermore, sustainable and eco-friendly practices can attract a segment of travelers concerned with environmental impact, thus opening new avenues for market expansion.

Regional Insights

The luxury hotel market in the Americas has shown robust growth, with the hospitality industry recovering from the COVID-19 pandemic. Demand for luxury accommodations has been driven by domestic tourism and a gradual return of international travelers in the region. In Europe, the luxury hotel sector is experiencing a return to pre-pandemic occupancy levels aided by a strong rebound in leisure travel. The Middle East continues to flourish as a luxury destination owing to its ambitious tourism developments and mega-events. In contrast, Africa's luxury hotel market remains diverse, with North Africa showing growth while Sub-Saharan Africa is hindered by less-established tourism infrastructure and geopolitical issues. The Asia-Pacific luxury hotel market is witnessing a varied pace of recovery. China, being one of the key markets, is still contending with travel restrictions that impact the sector, while countries, including Australia and Japan, are gradually reopening and seeing an uptick in the demand for luxury travel. Southeast Asian countries, known for their tourism appeal, are strategically investing in luxury accommodations to attract affluent travelers as the region prepares for complete recuperation.

Market Insights

Market Dynamics

  • The market dynamics represent an ever-changing landscape of the Luxury Hotel Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

  • Rising disposable income and inclinations towards leisure travel
  • Growth in number of tourists in several economies and advent of online hotel booking services

Market Restraints

  • High expenditure associated with maintaining luxury hotels

Market Opportunities

  • Government initiatives to support the travel and hospitality sector
  • Introduction of advanced technologies in resorts and spas

Market Challenges

  • Vulnerability to the impact of economic instability and preference for alternatives

Market Segmentation Analysis

  • Type: Growing preference for holiday hotel driven by the tourism across the globe
  • Operation: Rising significance of chain luxury hotels leveraging their expansive networks to offer uniformity and reliability

Industry Insights

  • Market Disruption Analysis
  • Porter’s Five Forces Analysis
  • Value Chain & Critical Path Analysis
  • Pricing Analysis
  • Technology Analysis
  • Patent Analysis
  • Trade Analysis
  • Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Luxury Hotel Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Luxury Hotel Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Marriott International Redefines The Luxury Hospitality Landscape With A Strong Pipeline Of One-Of-A-Kind Hotels & Resorts Set To Debut

Marriott International expanded its presence in the luxury hospitality sector with the opening of its 500th luxury establishment. This milestone reflects the company's expansive reach across 69 nations and territories and anticipates the upcoming addition of five more illustrious hotels.

Saudi Arabia's PIF Buys 49% of Rocco Forte's Luxury Hotel Chain

Saudi Arabia's Public Investment Fund (PIF) has acquired a 49% stake in the prestigious Sir Rocco Forte's luxury hotel group. The acquisition initiates a vigorous plan to double the hotel chain's presence within the next five years, enhancing PIF's prestigious portfolio in the Middle East, Italy, and the United States. This venture fortifies the hotel group's financial position, instilled with confidence by the backing of PIF and buoyed by high demand, particularly from US travelers who contribute substantially to the group's revenue.

OYO parent Oravel joins Japan's SoftBank to launch luxury hotel chain 'Sunday' in India

SoftBank and Oravel Stays have launched a joint venture, Mountainia, carving out a distinctive space in the luxury hotel market. Owning an equitable 49.9% stake each, the partners have debuted the 'Sunday' hotel brand, targeting strategic Tier II city expansions.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Luxury Hotel Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Luxury Hotel Market, highlighting leading vendors and their innovative profiles. These include Accor SA, Belmond Management Limited, CABO DE HORNOS S.A., Emirates Palace, Four Seasons Holdings Inc., GXS Empreendimentos Turisticos Ltda., Hilton Hotels & Resorts, Hyatt Hotels Corporation, InterContinental Hotels Group, ITC Limited, Jardine Matheson Group, Jumeirah International LLC, Kempinski Hotels S.A., Kerzner International Limited, Mahindra Holidays and Resorts India Ltd., Mandala Hotel GmbH, Mandarin Oriental Hotel Group, Marriott International, Inc., Oberoi Group, Radisson Hotel Group, Rosewood Hotel Group, Sage Hospitality Group, Shangri-La Asia Limited, The Indian Hotels Company Limited, and Wyndham Destinations Inc..

Market Segmentation & Coverage

This research report categorizes the Luxury Hotel Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type

  • Airport Hotel
  • Business Hotel
  • Holiday Hotel
  • Resorts & Spa

Operation

  • Chain
  • Independent

Region

Americas

  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
  • California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas

Asia-Pacific

  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam

Europe, Middle East & Africa

  • Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom

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Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising disposable income and inclinations towards leisure travel
5.1.1.2. Growth in number of tourists in several economies and advent of online hotel booking services
5.1.2. Restraints
5.1.2.1. High expenditure associated with maintaining luxury hotels
5.1.3. Opportunities
5.1.3.1. Government initiatives to support the travel and hospitality sector
5.1.3.2. Introduction of advanced technologies in resorts and spas
5.1.4. Challenges
5.1.4.1. Vulnerability to the impact of economic instability and preference for alternatives
5.2. Market Segmentation Analysis
5.2.1. Type: Growing preference for holiday hotel driven by the tourism across the globe
5.2.2. Operation: Rising significance of chain luxury hotels leveraging their expansive networks to offer uniformity and reliability
5.3. Market Disruption Analysis
5.4. Porter’s Five Forces Analysis
5.4.1. Threat of New Entrants
5.4.2. Threat of Substitutes
5.4.3. Bargaining Power of Customers
5.4.4. Bargaining Power of Suppliers
5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis
6. Luxury Hotel Market, by Type
6.1. Introduction
6.2. Airport Hotel
6.3. Business Hotel
6.4. Holiday Hotel
6.5. Resorts & Spa
7. Luxury Hotel Market, by Operation
7.1. Introduction
7.2. Chain
7.3. Independent
8. Americas Luxury Hotel Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Luxury Hotel Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Luxury Hotel Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
11.3.1. Marriott International Redefines The Luxury Hospitality Landscape With A Strong Pipeline Of One-Of-A-Kind Hotels & Resorts Set To Debut
11.3.2. Saudi Arabia's PIF Buys 49% of Rocco Forte's Luxury Hotel Chain
11.3.3. OYO parent Oravel joins Japan's SoftBank to launch luxury hotel chain 'Sunday' in India
11.4. Strategy Analysis & Recommendation
12. Competitive Portfolio
12.1. Key Company Profiles
12.2. Key Product Portfolio
List of Figures
FIGURE 1. LUXURY HOTEL MARKET RESEARCH PROCESS
FIGURE 2. LUXURY HOTEL MARKET SIZE, 2023 VS 2030
FIGURE 3. GLOBAL LUXURY HOTEL MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GLOBAL LUXURY HOTEL MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GLOBAL LUXURY HOTEL MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. LUXURY HOTEL MARKET DYNAMICS
FIGURE 7. GLOBAL LUXURY HOTEL MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. GLOBAL LUXURY HOTEL MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GLOBAL LUXURY HOTEL MARKET SIZE, BY OPERATION, 2023 VS 2030 (%)
FIGURE 10. GLOBAL LUXURY HOTEL MARKET SIZE, BY OPERATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES LUXURY HOTEL MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES LUXURY HOTEL MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. LUXURY HOTEL MARKET SHARE, BY KEY PLAYER, 2023
FIGURE 20. LUXURY HOTEL MARKET, FPNV POSITIONING MATRIX, 2023
List of Tables
TABLE 1. LUXURY HOTEL MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
TABLE 3. GLOBAL LUXURY HOTEL MARKET SIZE, 2018-2023 (USD MILLION)
TABLE 4. GLOBAL LUXURY HOTEL MARKET SIZE, 2024-2030 (USD MILLION)
TABLE 5. GLOBAL LUXURY HOTEL MARKET SIZE, BY REGION, 2018-2023 (USD MILLION)
TABLE 6. GLOBAL LUXURY HOTEL MARKET SIZE, BY REGION, 2024-2030 (USD MILLION)
TABLE 7. GLOBAL LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 8. GLOBAL LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 9. GLOBAL LUXURY HOTEL MARKET SIZE, BY AIRPORT HOTEL, BY REGION, 2018-2023 (USD MILLION)
TABLE 10. GLOBAL LUXURY HOTEL MARKET SIZE, BY AIRPORT HOTEL, BY REGION, 2024-2030 (USD MILLION)
TABLE 11. GLOBAL LUXURY HOTEL MARKET SIZE, BY BUSINESS HOTEL, BY REGION, 2018-2023 (USD MILLION)
TABLE 12. GLOBAL LUXURY HOTEL MARKET SIZE, BY BUSINESS HOTEL, BY REGION, 2024-2030 (USD MILLION)
TABLE 13. GLOBAL LUXURY HOTEL MARKET SIZE, BY HOLIDAY HOTEL, BY REGION, 2018-2023 (USD MILLION)
TABLE 14. GLOBAL LUXURY HOTEL MARKET SIZE, BY HOLIDAY HOTEL, BY REGION, 2024-2030 (USD MILLION)
TABLE 15. GLOBAL LUXURY HOTEL MARKET SIZE, BY RESORTS & SPA, BY REGION, 2018-2023 (USD MILLION)
TABLE 16. GLOBAL LUXURY HOTEL MARKET SIZE, BY RESORTS & SPA, BY REGION, 2024-2030 (USD MILLION)
TABLE 17. GLOBAL LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 18. GLOBAL LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 19. GLOBAL LUXURY HOTEL MARKET SIZE, BY CHAIN, BY REGION, 2018-2023 (USD MILLION)
TABLE 20. GLOBAL LUXURY HOTEL MARKET SIZE, BY CHAIN, BY REGION, 2024-2030 (USD MILLION)
TABLE 21. GLOBAL LUXURY HOTEL MARKET SIZE, BY INDEPENDENT, BY REGION, 2018-2023 (USD MILLION)
TABLE 22. GLOBAL LUXURY HOTEL MARKET SIZE, BY INDEPENDENT, BY REGION, 2024-2030 (USD MILLION)
TABLE 23. AMERICAS LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 24. AMERICAS LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 25. AMERICAS LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 26. AMERICAS LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 27. AMERICAS LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2018-2023 (USD MILLION)
TABLE 28. AMERICAS LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2024-2030 (USD MILLION)
TABLE 29. ARGENTINA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 30. ARGENTINA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 31. ARGENTINA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 32. ARGENTINA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 33. BRAZIL LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 34. BRAZIL LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 35. BRAZIL LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 36. BRAZIL LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 37. CANADA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 38. CANADA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 39. CANADA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 40. CANADA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 41. MEXICO LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 42. MEXICO LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 43. MEXICO LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 44. MEXICO LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 45. UNITED STATES LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 46. UNITED STATES LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 47. UNITED STATES LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 48. UNITED STATES LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 49. UNITED STATES LUXURY HOTEL MARKET SIZE, BY STATE, 2018-2023 (USD MILLION)
TABLE 50. UNITED STATES LUXURY HOTEL MARKET SIZE, BY STATE, 2024-2030 (USD MILLION)
TABLE 51. ASIA-PACIFIC LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 52. ASIA-PACIFIC LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 53. ASIA-PACIFIC LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 54. ASIA-PACIFIC LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 55. ASIA-PACIFIC LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2018-2023 (USD MILLION)
TABLE 56. ASIA-PACIFIC LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2024-2030 (USD MILLION)
TABLE 57. AUSTRALIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 58. AUSTRALIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 59. AUSTRALIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 60. AUSTRALIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 61. CHINA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 62. CHINA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 63. CHINA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 64. CHINA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 65. INDIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 66. INDIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 67. INDIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 68. INDIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 69. INDONESIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 70. INDONESIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 71. INDONESIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 72. INDONESIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 73. JAPAN LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 74. JAPAN LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 75. JAPAN LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 76. JAPAN LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 77. MALAYSIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 78. MALAYSIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 79. MALAYSIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 80. MALAYSIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 81. PHILIPPINES LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 82. PHILIPPINES LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 83. PHILIPPINES LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 84. PHILIPPINES LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 85. SINGAPORE LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 86. SINGAPORE LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 87. SINGAPORE LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 88. SINGAPORE LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 89. SOUTH KOREA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 90. SOUTH KOREA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 91. SOUTH KOREA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 92. SOUTH KOREA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 93. TAIWAN LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 94. TAIWAN LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 95. TAIWAN LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 96. TAIWAN LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 97. THAILAND LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 98. THAILAND LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 99. THAILAND LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 100. THAILAND LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 101. VIETNAM LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 102. VIETNAM LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 103. VIETNAM LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 104. VIETNAM LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 105. EUROPE, MIDDLE EAST & AFRICA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 106. EUROPE, MIDDLE EAST & AFRICA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 107. EUROPE, MIDDLE EAST & AFRICA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 108. EUROPE, MIDDLE EAST & AFRICA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 109. EUROPE, MIDDLE EAST & AFRICA LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2018-2023 (USD MILLION)
TABLE 110. EUROPE, MIDDLE EAST & AFRICA LUXURY HOTEL MARKET SIZE, BY COUNTRY, 2024-2030 (USD MILLION)
TABLE 111. DENMARK LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 112. DENMARK LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 113. DENMARK LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 114. DENMARK LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 115. EGYPT LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 116. EGYPT LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 117. EGYPT LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 118. EGYPT LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 119. FINLAND LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 120. FINLAND LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 121. FINLAND LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 122. FINLAND LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 123. FRANCE LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 124. FRANCE LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 125. FRANCE LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 126. FRANCE LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 127. GERMANY LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 128. GERMANY LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 129. GERMANY LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 130. GERMANY LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 131. ISRAEL LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 132. ISRAEL LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 133. ISRAEL LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 134. ISRAEL LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 135. ITALY LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 136. ITALY LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 137. ITALY LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 138. ITALY LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 139. NETHERLANDS LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 140. NETHERLANDS LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 141. NETHERLANDS LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 142. NETHERLANDS LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 143. NIGERIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 144. NIGERIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 145. NIGERIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 146. NIGERIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 147. NORWAY LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 148. NORWAY LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 149. NORWAY LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 150. NORWAY LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 151. POLAND LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 152. POLAND LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 153. POLAND LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 154. POLAND LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 155. QATAR LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 156. QATAR LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 157. QATAR LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 158. QATAR LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 159. RUSSIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 160. RUSSIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 161. RUSSIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 162. RUSSIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 163. SAUDI ARABIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 164. SAUDI ARABIA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 165. SAUDI ARABIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 166. SAUDI ARABIA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 167. SOUTH AFRICA LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 168. SOUTH AFRICA LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 169. SOUTH AFRICA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 170. SOUTH AFRICA LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 171. SPAIN LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 172. SPAIN LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 173. SPAIN LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 174. SPAIN LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 175. SWEDEN LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 176. SWEDEN LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 177. SWEDEN LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 178. SWEDEN LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 179. SWITZERLAND LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 180. SWITZERLAND LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 181. SWITZERLAND LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 182. SWITZERLAND LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 183. TURKEY LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 184. TURKEY LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 185. TURKEY LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 186. TURKEY LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 187. UNITED ARAB EMIRATES LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 188. UNITED ARAB EMIRATES LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 189. UNITED ARAB EMIRATES LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 190. UNITED ARAB EMIRATES LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 191. UNITED KINGDOM LUXURY HOTEL MARKET SIZE, BY TYPE, 2018-2023 (USD MILLION)
TABLE 192. UNITED KINGDOM LUXURY HOTEL MARKET SIZE, BY TYPE, 2024-2030 (USD MILLION)
TABLE 193. UNITED KINGDOM LUXURY HOTEL MARKET SIZE, BY OPERATION, 2018-2023 (USD MILLION)
TABLE 194. UNITED KINGDOM LUXURY HOTEL MARKET SIZE, BY OPERATION, 2024-2030 (USD MILLION)
TABLE 195. LUXURY HOTEL MARKET SHARE, BY KEY PLAYER, 2023
TABLE 196. LUXURY HOTEL MARKET, FPNV POSITIONING MATRIX, 2023

Companies Mentioned

  • Accor SA
  • Belmond Management Limited
  • CABO DE HORNOS S.A.
  • Emirates Palace
  • Four Seasons Holdings Inc.
  • GXS Empreendimentos Turisticos Ltda.
  • Hilton Hotels & Resorts
  • Hyatt Hotels Corporation
  • InterContinental Hotels Group
  • ITC Limited
  • Jardine Matheson Group
  • Jumeirah International LLC
  • Kempinski Hotels S.A.
  • Kerzner International Limited
  • Mahindra Holidays and Resorts India Ltd.
  • Mandala Hotel GmbH
  • Mandarin Oriental Hotel Group
  • Marriott International, Inc.
  • Oberoi Group
  • Radisson Hotel Group
  • Rosewood Hotel Group
  • Sage Hospitality Group
  • Shangri-La Asia Limited
  • The Indian Hotels Company Limited
  • Wyndham Destinations Inc.

Methodology

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Table Information