Press release
Luxury Hotel Market 2019 Developments, Future Plans by Secretarial Data of Top International Hotel Chains (Marriott, Hilton, Hyatt, Four Seasons, The Indian Hotels Company Limited & more) Industry to Reach US$ 241800 million, Growing at 4.4% CAGR by 2025
Luxury Hotel Market 2019
United States was the largest consumer market with a market share of 35.71% in 2013 and 32.05% in 2017 with a decrease of 3.66%. China and EU ranked the second and third markets with the market share of 18.58% and 17.28% in 2017.
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The key players covered in this study
• 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
Nowadays, the top five companies make up more than 26.37% market share of the luxury hotels market, and the world’s large enterprises are mainly concentrated in North America. The top five vendors are Marriott International, Hilton, Hyatt Hotels, Four Seasons Holdings Inc. and Shangri-La International Hotel Management Ltd. They respectively took a global market share as 13.59%, 6.59%, 2.53%, 2.41%, and 1.24% in 2017.
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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 luxury hotels 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.
This report focuses on the global Luxury Hotel status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Luxury Hotel development in United States, Europe and China.
Market segment by Type, the product can be split into
• Business Hotel
• Suite Hotel
• Airport Hotel
• Resorts Hotel
Market segment by Application, split into
• Room
• F&B
• SPA
• Others
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
The study objectives of this report are:
To analyze global Luxury Hotel status, future forecast, growth opportunity, key market and key players.
To present the Luxury Hotel development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Luxury Hotel are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Luxury Hotel Market Size Growth Rate by Type (2013-2025)
1.4.2 Business Hotel
1.4.3 Suite Hotel
1.4.4 Airport Hotel
1.4.5 Resorts Hotel
1.5 Market by Application
1.5.1 Global Luxury Hotel Market Share by Application (2013-2025)
1.5.2 Room
1.5.3 F&B
1.5.4 SPA
1.5.5 Others
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Luxury Hotel Market Size
2.2 Luxury Hotel Growth Trends by Regions
2.2.1 Luxury Hotel Market Size by Regions (2013-2025)
2.2.2 Luxury Hotel Market Share by Regions (2013-2018)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 Luxury Hotel Market Size by Manufacturers
3.1.1 Global Luxury Hotel Revenue by Manufacturers (2013-2018)
3.1.2 Global Luxury Hotel Revenue Market Share by Manufacturers (2013-2018)
3.1.3 Global Luxury Hotel Market Concentration Ratio (CR5 and HHI)
3.2 Luxury Hotel Key Players Head office and Area Served
3.3 Key Players Luxury Hotel Product/Solution/Service
3.4 Date of Enter into Luxury Hotel Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global Luxury Hotel Market Size by Type (2013-2018)
4.2 Global Luxury Hotel Market Size by Application (2013-2018)
5 United States
5.1 United States Luxury Hotel Market Size (2013-2018)
5.2 Luxury Hotel Key Players in United States
5.3 United States Luxury Hotel Market Size by Type
5.4 United States Luxury Hotel Market Size by Application
6 Europe
6.1 Europe Luxury Hotel Market Size (2013-2018)
6.2 Luxury Hotel Key Players in Europe
6.3 Europe Luxury Hotel Market Size by Type
6.4 Europe Luxury Hotel Market Size by Application
7 China
7.1 China Luxury Hotel Market Size (2013-2018)
7.2 Luxury Hotel Key Players in China
7.3 China Luxury Hotel Market Size by Type
7.4 China Luxury Hotel Market Size by Application
8 Japan
8.1 Japan Luxury Hotel Market Size (2013-2018)
8.2 Luxury Hotel Key Players in Japan
8.3 Japan Luxury Hotel Market Size by Type
8.4 Japan Luxury Hotel Market Size by Application
9 Southeast Asia
9.1 Southeast Asia Luxury Hotel Market Size (2013-2018)
9.2 Luxury Hotel Key Players in Southeast Asia
9.3 Southeast Asia Luxury Hotel Market Size by Type
9.4 Southeast Asia Luxury Hotel Market Size by Application
10 India
10.1 India Luxury Hotel Market Size (2013-2018)
10.2 Luxury Hotel Key Players in India
10.3 India Luxury Hotel Market Size by Type
10.4 India Luxury Hotel Market Size by Application
11 Central & South America
11.1 Central & South America Luxury Hotel Market Size (2013-2018)
11.2 Luxury Hotel Key Players in Central & South America
11.3 Central & South America Luxury Hotel Market Size by Type
11.4 Central & South America Luxury Hotel Market Size by Application
12 International Players Profiles
12.1 Marriott International
12.1.1 Marriott International Company Details
12.1.2 Company Description and Business Overview
12.1.3 Luxury Hotel Introduction
12.1.4 Marriott International Revenue in Luxury Hotel Business (2013-2018)
12.1.5 Marriott International Recent Development
12.2 Hilton
12.2.1 Hilton Company Details
12.2.2 Company Description and Business Overview
12.2.3 Luxury Hotel Introduction
12.2.4 Hilton Revenue in Luxury Hotel Business (2013-2018)
12.2.5 Hilton Recent Development
12.3 Starwood Hotels & Resorts (Marriott)
12.3.1 Starwood Hotels & Resorts (Marriott) Company Details
12.3.2 Company Description and Business Overview
12.3.3 Luxury Hotel Introduction
12.3.4 Starwood Hotels & Resorts (Marriott) Revenue in Luxury Hotel Business (2013-2018)
12.3.5 Starwood Hotels & Resorts (Marriott) Recent Development
12.4 Hyatt Hotels
12.4.1 Hyatt Hotels Company Details
12.4.2 Company Description and Business Overview
12.4.3 Luxury Hotel Introduction
12.4.4 Hyatt Hotels Revenue in Luxury Hotel Business (2013-2018)
12.4.5 Hyatt Hotels Recent Development
12.5 Four Seasons Holdings Inc.
12.5.1 Four Seasons Holdings Inc. Company Details
12.5.2 Company Description and Business Overview
12.5.3 Luxury Hotel Introduction
12.5.4 Four Seasons Holdings Inc. Revenue in Luxury Hotel Business (2013-2018)
12.5.5 Four Seasons Holdings Inc. Recent Development
12.6 Shangri-La International Hotel Management Ltd.
12.6.1 Shangri-La International Hotel Management Ltd. Company Details
12.6.2 Company Description and Business Overview
12.6.3 Luxury Hotel Introduction
12.6.4 Shangri-La International Hotel Management Ltd. Revenue in Luxury Hotel Business (2013-2018)
12.6.5 Shangri-La International Hotel Management Ltd. Recent Development
12.7 InterContinental Hotels Group PLC
12.7.1 InterContinental Hotels Group PLC Company Details
12.7.2 Company Description and Business Overview
12.7.3 Luxury Hotel Introduction
12.7.4 InterContinental Hotels Group PLC Revenue in Luxury Hotel Business (2013-2018)
12.7.5 InterContinental Hotels Group PLC Recent Development
12.8 Mandarin Oriental International Limited
12.8.1 Mandarin Oriental International Limited Company Details
12.8.2 Company Description and Business Overview
12.8.3 Luxury Hotel Introduction
12.8.4 Mandarin Oriental International Limited Revenue in Luxury Hotel Business (2013-2018)
12.8.5 Mandarin Oriental International Limited Recent Development
12.9 The Indian Hotels Company Limited
12.9.1 The Indian Hotels Company Limited Company Details
12.9.2 Company Description and Business Overview
12.9.3 Luxury Hotel Introduction
12.9.4 The Indian Hotels Company Limited Revenue in Luxury Hotel Business (2013-2018)
12.9.5 The Indian Hotels Company Limited Recent Development
12.10 Jumeirah International LLC
12.10.1 Jumeirah International LLC Company Details
12.10.2 Company Description and Business Overview
12.10.3 Luxury Hotel Introduction
12.10.4 Jumeirah International LLC Revenue in Luxury Hotel Business (2013-2018)
12.10.5 Jumeirah International LLC Recent Development
12.11 Kerzner International Resorts, Inc.
12.12 ITC Hotels Limited
13 Market Forecast 2018-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2018-2025)
13.10 Market Size Forecast by Application (2018-2025)
14 Analyst’s Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
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