According to the latest market research report “Luxury Hotel – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 – 2026)” released by Global Market Monitor, the revenue of the luxury hotel market will grow at a compound annual growth rate of 3.1%. By 2026, it is estimated that the global market will grow to $211.27 billion.
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 the luxury hotel 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.
Luxury hotels provide tourists and travelers with comfortable accommodation and provide services such as spa, swimming pool and fitness center. Due to the increase in the number of global business travelers, the luxury hotel market has grown significantly in the past few years. Changes in customer preferences and upgrades in the services provided by hotel operators have driven the demand for luxury accommodation. The global luxury hotel market is driven by the rise of tourism, the increase in preference for leisure travel, and the improvement of living standards.
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The Major Players Profiled in This Report Include:
Starwood Hotels & Resorts (Marriott)
InterContinental Hotels Group PLC
Mandarin Oriental International Limited
The Indian Hotels Company Limited
Jumeirah International LLC
ITC Hotels Limited
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
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Luxury Hotel Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Luxury Hotel Market by Types
Chapter 4 Segmentation of Luxury Hotel Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Luxury Hotel Market in Major Countries
Chapter 7 North America Luxury Hotel Landscape Analysis
Chapter 8 Europe Luxury Hotel Landscape Analysis
Chapter 9 Asia Pacific Luxury Hotel Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Luxury Hotel Landscape Analysis
Chapter 11 Major Players Profile
11.1 Marriott International
11.1.1 Marriott International Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2.1 Hilton Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Starwood Hotels & Resorts (Marriott)
11.3.1 Starwood Hotels & Resorts (Marriott) Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Luxury Hotel Report Provide:
Potential opportunities and challenges analysis in Luxury Hotel market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Luxury Hotel market and related industry.
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