Luxury Hotels Market to Reach Valuation of US$ 176000 Million by 2022 | Analysis by Top International Hotel Brands - Marriott, Hilton, Starwood Hotels & Resorts, Hyatt Hotels, Four Seasons Holdings, Mandarin Oriental International, ITC Hotels

The Global Luxury Hotels Market research report is the study prepared by analysts, which contain a detailed analysis of drivers, restraints, and opportunities along with their impact on the Luxury Hotels Market growth. This research report will assist in being relevant and future-oriented, while improving decision-making capabilities and reducing market risk. It is an excellent way to find the best market or target demographic for a product or service.

Global Luxury Hotels Market Overview:

The Global Luxury Hotels Market size was valued at US$ 159000 Million in 2017 and will reach US$ 176000 Million globally by the end of 2022. Increase in purchasing power and standard of living are some of the key factors responsible for attracting customers toward luxury resorts. As more money is being injected into the economy, demand for luxury accommodations for corporate events, corporate stays and a leisure trip is rising.

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According to the market report analysis, the Luxury hotels provide travelers and tourists with high-end lodging experience including facilities such as discreet check-in & check-out, heated & fresh water swimming pool, spa, fitness area, and others that distinguish them from the other ordinary hotels. Rise in demand for luxury stays due to change in preference of customers and upgradation in the services provided by hoteliers boost the growth of the Luxury Hotels Market.

In terms of regional analysis, North America accounts for the largest share of the Global Luxury Hotels Market. Further, the US dominates the North America region owing to increasing purchasing power of consumers and the rising number of international as well as domestic tourists on business or leisure trips. Rising tourism in Germany, Italy, France, and U.K. is believed to spur the demand for luxury hotels in the Europe region. APAC is expected to grow at a tremendous rate over the forecast period (2018 - 2022).

Using standard analytical tools such as SWOT analysis, the report presents the strengths, weakness, opportunities, and threats of the market until the end of the forecast period in 2022. The report also covers an analysis impact of macro and micro factors on the growth of the market, which is essential for existing market players as well as new entities that are interested in participating in the market. Thus, the report analysis helps in formulating informed business decisions by receiving detailed insights into the development of the key market segments.

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Top Leading Players in Market are:

1 Marriott International, Inc

2 Hilton

3 Starwood Hotels & Resorts(Marriott)

4 Hyatt Hotels

5 Four Seasons Holdings Inc.

6 Shangri-La International Hotel Management Ltd.

7 InterContinental Hotels Group PLC

8 Mandarin Oriental International Limited

9 The Indian Hotels Company Limited

10 Jumeirah International LLC

11 Kerzner International Resorts, Inc.

12 ITC Hotels Limited and More...........

Market segment by Regions/Countries, this report covers

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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This study answers to the below key questions:

1 What will the market size be in 2022?

2 What are the key factors driving the Global Luxury Hotels Market?

3 What are the challenges to market growth?

4 Who are the key players in the Luxury Hotels Market?

5 What are the market opportunities and threats faced by the key players?

Major Points in Table of Contents:

Global Luxury Hotels Market Report 2018

1 Luxury Hotels Product Definition

2 Global Luxury Hotels Market Manufacturer Share and Market Overview

3 Manufacturer Luxury Hotels Business Introduction

4 Global Luxury Hotels Market Segmentation (Region Level)

5 Global Luxury Hotels Market Segmentation (Product Type Level)

6 Global Luxury Hotels Market Segmentation (Industry Level)

7 Global Luxury Hotels Market Segmentation (Channel Level)

8 Luxury Hotels Market Forecast 2018-2022

9 Luxury Hotels Segmentation Product Type

10 Luxury Hotels Segmentation Industry

11 Luxury Hotels Cost of Production Analysis

12 Conclusion

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