Luxury Hotels Market Research and Comparison of Key Players - Four Seasons Holdings Inc., InterContinental Hotels Group PLC, Starwood Hotels & Resorts, Jumeirah International LLC, Kerzner International Resorts Inc., The Indian Hotels Company Limited, Mand

An insightful study, titled “Luxury Hotels Market” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). This research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.

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Increasing consumer awareness and changing lifestyle are the major factors contributing to the growing popularity of luxury hotels globally. With the increasing standard of living, consumers are opting for luxury hotels for better services. Furthermore, the booming travel and tourism industry is one of the key factors fueling the demand for luxury hotels globally. In addition, rise in branding and promotional activities are one of the prime factors responsible for the increasing awareness about luxury hotels. Hoteliers are focusing on branding and promotions for better market penetration. Online booking, advance services, and easy check-in and check-out processes are the major driving factors responsible for the success of the luxury hotel industry. Moreover, in order to meet the consumer demands, hoteliers are focusing on upgrading their services. As service is a crucial part of the hospitality industry, hoteliers are concentrating on providing excellent services to retain customers.

Rise in the number of international events is fueling the market growth of luxury hotels globally. Consumers are opting for luxury hotels to spend their leisure time, with a view to experience the luxurious living offered in such hotels. Furthermore, the services, which include spa treatments, beauty services, and various other amenities offer relaxation and rejuvenate the customers. Moreover, hectic daily lifestyle and demand for luxurious living are some of the key reasons behind the growing popularity of luxury hotels globally.

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The business hotels segment accounts for the largest share in the luxury hotels market. Business travelers, tour groups, small conference groups, and individual tourists are the target customers of business hotels. Moreover, suite hotels are one of the major segments in the luxury hotels market. These hotel rooms have bedrooms and a separate living room area. Professionals such as lawyers, businessmen and accountants usually tend to prefer such hotels. In addition, currently, the airport hotels segment is showcasing a promising growth in the luxury hotels market globally. The target customers of airport hotels include airline passengers, especially those whose flight is cancelled or overnight layovers, business clientele and airline crew and staff, among others.

Some of the major luxury hotels in North America, Europe, Asia Pacific, and RoW include Starwood Hotels & Resorts, Four Seasons Holdings Inc., InterContinental Hotels Group PLC, ITC Hotels Limited, The Indian Hotels Company Limited, Mandarin Oriental International Limited, Jumeirah International LLC, Shangri-La International Hotel Management Ltd., Kerzner International Resorts, Inc., and Marriott International, Inc.

Global Luxury Hotels Market by Geography:

Europe
North America 
Asia-Pacific 
Rest of the World 
This report gives you access to decisive data such as:

Market growth drivers 
Factors limiting market growth
Current market trends 
Market structure
Market projections for the coming years 
Key highlights of this report

Overview of key market forces propelling and restraining market growth 
Up-to-date analyses of market trends and technological improvements 
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors 
An array of graphics and SWOT analysis of major industry segments 
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis 
Offers a clear understanding of the competitive landscape and key product segments

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