Luxury Hotel Market to Grow at 3.96% CAGR and Expected to Reach US$ $222815 million by 2023

Luxury Hotel Market 2018 report highlights the major details and provides in-depth analysis of the market along with the future growth, prospects and Industry demands analysis. The Luxury Hotel research report primarily focuses on providing in-depth Luxury Hotel research analysis and forecast for Luxury Hotel Market from 2018 to 2023.

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According to the database of QYR Hotels & Restaurants Research Center, the global luxury hotels markets has a total value of $150603 million back in 2013, and increased to $171079 million in 2017. We made a series of functional calculation and deduced the past 5 years data with scientific model. Finally, we made the prediction that the value of luxury hotels markets can be $222815 million by 2023.The CAGR of luxury hotels is 3.96% from 2018 to 2023.

The major players in global Luxury Hotel market include
Marriott International
Hilton
Starwood Hotels & Resorts (Marriott)
Hyatt Hotels
Four Seasons Holdings Inc.
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, Inc.
ITC Hotels Limited

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The luxury hotels market has been increased in accordance with the development of whole economy, tourism and consumer awareness. However, with the macroeconomic is slowing down, the increase rate of luxury hotels is also slowing. But the emerging market is still the potential market of the industry, so some of the companies are laying-out their business in the emerging market. Whats more, there are some problem to be solved ahead, such as the homogenization of the fierce competition, the low price competition, the talents shortage in the process of the company expansion, the channel building through the internet and so on.

Geographically, this report split global into several key Regions, with, revenue (million USD), market share and growth rate of Luxury Hotel for these regions, from 2013 to 2023 (forecast)
United States
Japan
India
EU
China
Southeast Asia
ROW

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On the basis of product/service, the Luxury Hotel market is primarily split into
Business Hotel
Suite Hotel
Airport Hotel
Resorts Hotel

On the basis on the end users/application, this report covers
Room
F&B
SPA
Others

Data including (both global and regions): Revenue (M USD), Market Share, etc.

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