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.
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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.
In 2018, the global Luxury Hotel market size was 171100 million US$ and it is expected to reach 241800 million US$ by the end of 2025, with a CAGR of 4.4% during 2019-2025.
This report focuses on the global Luxury Hotel status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Luxury Hotel development in United States, Europe and China.
The key players covered in this study
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
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Market segment by Type, the product can be split into
Business Hotel
Suite Hotel
Airport Hotel
Resorts Hotel
Market segment by Application, split into
Room
F&B
SPA
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
Table of Contents
Chapter One: Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Luxury Hotel Market Size Growth Rate by Type (2014-2025)
1.4.2 Business Hotel
1.4.3 Suite Hotel
1.4.4 Airport Hotel
1.4.5 Resorts Hotel
1.5 Market by Application
1.5.1 Global Luxury Hotel Market Share by Application (2014-2025)
1.5.2 Room
1.5.3 F&B
1.5.4 SPA
1.5.5 Others
1.6 Study Objectives
1.7 Years Considered
Chapter Two: Global Growth Trends
2.1 Luxury Hotel Market Size
2.2 Luxury Hotel Growth Trends by Regions
2.2.1 Luxury Hotel Market Size by Regions (2014-2025)
2.2.2 Luxury Hotel Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
Chapter Three: Market Share by Key Players
3.1 Luxury Hotel Market Size by Manufacturers
3.1.1 Global Luxury Hotel Revenue by Manufacturers (2014-2019)
3.1.2 Global Luxury Hotel Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Luxury Hotel Market Concentration Ratio (CRChapter Five: and HHI)
3.2 Luxury Hotel Key Players Head office and Area Served
3.3 Key Players Luxury Hotel Product/Solution/Service
3.4 Date of Enter into Luxury Hotel Market
3.5 Mergers & Acquisitions, Expansion Plans
Chapter Four: Breakdown Data by Type and Application
4.1 Global Luxury Hotel Market Size by Type (2014-2019)
4.2 Global
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