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Beach Hotels Market 2018 Size by Top 10 Players Growth Analysis, Segments and Trends by Forecast to 2025 | SDMR Research
Beach Hotels Market
Beach hotels are the hotels that are positioned on or nearby the seashore or are of sea-facing. Several beach resorts offer private beaches to their tourists with luxurious stay options. These are exceptionally popular among honeymoon couples and offer different activities, which include hiking and surfing, water sports, and biking with facilities, such as physical fitness spa services. Mental rejuvenation is one of the crucial benefits of beach resorts.
Inclination of travelers toward peaceful areas than the crowded places has increased the demand for beach hotels. Factors that are expected to drive the market growth during the forecast period include increase in per capita income in the developing countries, rise in purchasing power of people, surge in trend to travel in vacation, and different discounts offered on online booking.
In 2017, the global Beach Hotels market size was 168300 million US$ and it is expected to reach 217300 million US$ by the end of 2025, with a CAGR of 3.2% during 2018-2025.
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The key players covered in this study
ITC Limited
Four Seasons Holdings Inc.
IHG (InterContinental Hotels Group PLC)
Hyatt Hotels Corporation
Marriott International, Inc.
Shangri-La Asia Limited.
Wyndham Worldwide Corporation
Accor SA
The Indian Hotels Company Limited
Hilton Worldwide Holdings Inc.
The Oberoi Group
Market segment by Type, the product can be split into
Premium
Standard
Budget
Market segment by Application, split into
Solo
Group
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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