Quick Summary:
Navigating the evolving Luxury Hotels Market is a complex task faced by many executive professionals globally. The recent report on the Luxury Hotels Market Size and Forecast, Key Trends, Company Profiles offers a comprehensive solution tailored to these needs. Our insightful analysis carefully dissects key market trends that are transforming the landscape of this sector. Featuring extensive market data spanning across the Americas, Asia-Pacific, Middle East & Africa, and Europe, this report is an invaluable tool in comprehending the global luxury accommodation scene.
The report facilitates a deeper understanding of the luxury accommodation market's leading players, and identifies potential strategies to better serve customer needs. Tooling readers with knowledge from a unique perspective, this resource offers compelling reasons to invest. Grasping demand-side dynamics and identifying growth opportunities like never before, position yourself for success and arm your business with insights harvested from profitable regional markets. Utilize this report to leverage existing successes and recommendations, transforming your market outlook with one publication.
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Scope
- In 2021, China continued to be the number one luxury hotel market globally, with total revenue of $36.4 billion, representing annual growth of 42.9%, followed by the US (179%) and UAE (103/%).
- With the impact of COVID-19 slowly diminishing, business travel, which plummeted during the pandemic, is likely to regain its momentum in 2022 and the years ahead.
- Countries such as the US, Mexico, Spain, Turkey, the UAE, and China are likely to recover in 2022 in terms of total revenue.
Reasons to Buy
- Understand the impact of COVID-19 on this market
- Gauge which are the biggest and most promising regional markets for the luxury accommodation market
- Understand the demand-side dynamics within the industry to identify key trends and growth opportunities
- Gain an understanding of the outlook for regional markets and learn from existing successes and our recommendations.
Table of Contents
- Snapshot
- Key Trends
- Deals
- Key Insights
- Americas
- Asia-Pacific
- Europe
- Middle East and Africa
- Outlook
- Company Profiles
- Intercontinental Hotels Group
- Shangri-La Asia
- Marriott International
- Four Seasons Hotels and Resorts
- Banyan Tree Holdings Limited
- Hyatt Hotels Corporation
- Appendix
- References
- Terminology and definitions
- About the Publisher
Figure 1: Top 10 global markets: total revenue, luxury hotels in 2021 ($B)
Figure 2: Top 10 global markets: total revenue, luxury hotels in 2021 ($B)
Figure 3: Top five Americas markets: number of rooms, luxury hotels (thousand)
Figure 4: Top five Americas markets: occupancy rate (%), luxury hotels
Figure 5: Top five Asia-Pacific markets: number of rooms, luxury hotels (thousand)
Figure 6: Top five Asia-Pacific markets: occupancy rate (%), luxury hotels
Figure 7: Top five Europe markets: number of rooms, luxury hotels (thousand)
Figure 8: Top five Europe markets: occupancy rate (%), luxury hotels
Figure 9: Top five Middle East & Africa markets: number of rooms, luxury hotels (thousand)
Figure 10: Top five Middle East & Africa markets: occupancy rate (%), luxury hotels
Figure 11: Top 10 global markets: total revenue, luxury hotels, 2021 vs. 2025 ($B)
Companies Mentioned
A selection of companies mentioned in this report includes:
- Intercontinental Hotels Group
- Shangri-La Asia
- Marriott International
- Four Seasons Hotels and Resorts
- Banyan Tree Holdings Limited
- Hyatt Hotels Corporation
