Press release
Hotels Market is thriving globally with excellent players: Hilton Worldwide Holdings, Marriott International, InterContinental Hotels Group PLC, Accor Hotels, Indian Hotels Company Ltd., Jumeirah Group, Atlantis The Palm Limited, and Four Seasons Holdings
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities.Hotels Market revenue is expected to show an annual growth rate (CAGR 2019-2026) of +5%, resulting in a market volume of US$+193,851m by 2026.
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The Top Key Players included in this Market:
Worldwide Holdings Inc. (U.S.), Marriott International, Inc.(U.S.), InterContinental Hotels Group PLC (U.K), Starwood Hotels and Resorts Worldwide (U.S.), Accor Hotels (France), Indian Hotels Company Ltd. (India), ITC Ltd. (India), Jumeirah Group LLC (UAE), Atlantis The Palm Limited (UAE), Four Seasons Holdings Inc. (Canada) etc.
Hotels market research reports feature emerging market trends, product analysis, manufacturing processes, regional outlooks, and comprehensive analysis across multiple market segments. This report provides an overview of the hotel industry by analyzing the various key segments of the market based on product types, applications, end-to-end industries and scenarios. The fast-growing travel and tourism industry is one of the main drivers for the growth of the hotel market. In addition, aggressive branding strategies of leading companies are expected to lead the market growth.
The report also provides an understanding of the value of the Hotels market (USD billion). Market research also provides forecasts from 2019-2026 and highlights current and future market trends. The report also provides an understanding of brand share in hotel markets in various countries covered by the research scope.
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Market segment by Type, the product can be split into
• Business Hotel
• Suite Hotel
• Airport Hotel
• Resorts Hotel
The big companies in the Hotels market are also focusing on improving the customer service experience by increasing the number of revisions. In addition, the hotel industry is being strengthened by the increase in disposable income and the demand for a luxurious lifestyle.
The Hotels market research report shed light on Foremost Regions: United States, EU, Japan, China, India and Southeast Asia. For this market analysis, the regional distribution of hotel industries around the world is considered, the result of which is used to estimate the development of the international market in the period from 2019 to the forecasted year.
Hotels Market in World presents reputable information and factual data on the hospitality industry with a total statistical study of the market, based on market drivers, market constraints and their future prospects. The widespread trends and possibilities are also taken into account in the market study.
Major Factors about the Report:
•Global Hotels Market Overview
•Economic Impact on Market
•Market Competition
•Global Hotels Market Analysis by Application
•Industrial Chain, Sourcing Strategy and Downstream Buyers
•Marketing Strategy Analysis, Distributors/Traders
•Global Market Effect, Factors, Analysis
•Global Market Forecast
Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments
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