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Beach Hotels Market by Type (Premium, Standard, and Budget), Service Type (Accommodation, Food & Beverage, and Others), and By Occupants (Solo and Group) - Global Opportunity Analysis and Industry Forecast, 2017-2023

02-11-2019 04:57 PM CET | Fashion, Lifestyle, Trends

Press release from: Allied Market Research

Beach Hotels Market

Beach Hotels Market

According to a new report published by Allied Market Research, titled, "Beach Hotels Market by Type, Service Type, and By Occupants: Global Opportunity Analysis and Industry Forecast, 2017-2023," The global beach hotels market was valued at $163,296 million in 2016, and is projected to reach $201,359 million in 2023, registering a CAGR of 3.2% from 2017 to 2023.

Coastal tourism or mass tourism is one of the largest segment of the leisure travel & tourism industry and hotel chains and resorts are significant components of coastal tourism in several economies. Factors such as the availability of low-cost airline carriers, changing life-style and increase in disposable income are supporting the growth of travel & tourism along with costal tourism and beach hotels.

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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.

The global beach hotels market is segmented on the basis of type, service type, occupants and region. The beach hotels market on the basis of type is categorized into premium, standard, and budget.

Based on service type, it is segmented into accommodation, food & beverage, and others. Based on occupants, the market is furthers segmented into solo, and group travels. Geographically, it is categorized across North America, Europe, Asia-Pacific, and LAMEA.

Asia-Pacific region is the fastest growing segment as this region hosts a large number of middle-class population with a growing number of millennials who are frequent travelers. In addition, several beach destinations such as Thailand, India, Australia, and New Zealand among others are attracting a large number of inbound travelers, especially from the west.

Accommodation segment dominates the Beach Hotels Market by service as it is the primary requirement of the consumers. This service offered ranges from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, mini bars, upholstered chairs, a flat screen television, en-suite bathrooms and other facilities. However, a small, lower-priced hotel may offer only the most basic simple bed, attached or shared toilets and others.

Analyst Review:

Beach hotels are the hotels that are positioned on or nearby the seashore or are of sea-facing. The demand generation for the beach hotel industry is seasonal in nature. The peak season experiencing very high demand varies from location to location. For instance, the peak season for beach hotels in Goa, India is during the Christmas & New Year eve. Whereas, in Greece, august is the most popular month and well known for nightlife and partying.

The food & beverage segment in service type is anticipated to witness a notable growth rate owing to changing life style of consumers and growing demand for exotic and local sea food.

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The growth of the beach hotel industry is attributed to the growth of the travel and tourism industry. Introduction of low cost carrier, government initiative to increase national & international tourism, are significantly aiding in the growth of the travel & tourism industry and its service providers including beach hotels industry.

LIST OF TABLES

TABLE 1. GLOBAL BEACH HOTELS MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 2. BUDGET BEACH HOTELS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 3. NORTH AMERICA BUDGET BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 4. EUROPE BUDGET BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 5. ASIA-PACIFIC BUDGET BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 6. LAMEA BUDGET BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 7. STANDARD BEACH HOTELS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 8. NORTH AMERICA STANDARD BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 9. EUROPE STANDARD BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 10. ASIA-PACIFIC STANDARD BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 11. LAMEA STANDARD BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 12. PREMIUM BEACH HOTELS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 13. NORTH AMERICA PREMIUM BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 14. EUROPE PREMIUM BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 15. ASIA-PACIFIC PREMIUM BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 16. LAMEA PREMIUM BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 17. GLOBAL BEACH HOTELS MARKET, BY SERVICE TYPE, 2016-2023 ($MILLION)
TABLE 18. BEACH HOTELS MARKET FROM ACCOMMODATION, BY REGION, 2016-2023 ($MILLION)
TABLE 19. NORTH AMERICA BEACH HOTELS MARKET FROM ACCOMMODATION, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 20. EUROPE BEACH HOTELS MARKET FROM ACCOMMODATION, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 21. ASIA-PACIFIC BEACH HOTELS MARKET FROM ACCOMMODATION, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 22. LAMEA BEACH HOTELS MARKET FROM ACCOMMODATION, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 23. BEACH HOTELS MARKET FROM FOOD & BEVERAGE, BY REGION, 2016-2023 ($MILLION)
TABLE 24. NORTH AMERICA BEACH HOTELS MARKET FROM FOOD & BEVERAGE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 25. EUROPE BEACH HOTELS MARKET FROM FOOD & BEVERAGE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 26. ASIA-PACIFIC BEACH HOTELS MARKET FROM FOOD & BEVERAGE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 27. LAMEA BEACH HOTELS MARKET FROM FOOD & BEVERAGE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 28. BEACH HOTELS MARKET FROM OTHERS, BY REGION, 2016-2023 ($MILLION)
TABLE 29. NORTH AMERICA BEACH HOTELS MARKET FROM OTHERS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 30. EUROPE BEACH HOTELS MARKET FROM OTHERS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 31. ASIA-PACIFIC BEACH HOTELS MARKET FROM OTHERS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 32. LAMEA BEACH HOTELS MARKET FROM OTHERS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 33. GLOBAL BEACH HOTELS MARKET, BY OCCUPANTS, 2016-2023 ($MILLION)
TABLE 34. BEACH HOTELS MARKET FROM SOLO OCCUPANTS, BY REGION, 2016-2023 ($MILLION)
TABLE 35. NORTH AMERICA BEACH HOTELS MARKET FROM SOLO OCCUPANTS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 36. EUROPE BEACH HOTELS MARKET FROM SOLO OCCUPANTS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 37. ASIA-PACIFIC BEACH HOTELS MARKET FROM SOLO OCCUPANTS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 38. LAMEA BEACH HOTELS MARKET FROM SOLO OCCUPANTS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 39. BEACH HOTELS MARKET FROM GROUP OCCUPANTS, BY REGION, 2016-2023 ($MILLION)
TABLE 40. NORTH AMERICA BEACH HOTELS MARKET FROM GROUP OCCUPANTS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 41. EUROPE BEACH HOTELS MARKET FROM GROUP OCCUPANTS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 42. ASIA-PACIFIC BEACH HOTELS MARKET FROM GROUP OCCUPANTS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 43. LAMEA BEACH HOTELS MARKET FROM GROUP OCCUPANTS, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 44. GLOBAL BEACH HOTELS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 45. NORTH AMERICA BEACH HOTELS MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 46. NORTH AMERICA BEACH HOTELS MARKET, BY SERVICE TYPE, 2016-2023 ($MILLION)
TABLE 47. NORTH AMERICA BEACH HOTELS MARKET, BY OCCUPANTS, 2016-2023 ($MILLION)
TABLE 48. NORTH AMERICA BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 49. U.S. BEACH HOTELS MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 50. U.S. BEACH HOTELS MARKET, BY SERVICE TYPE, 2016-2023 ($MILLION)
TABLE 51. U.S. BEACH HOTELS MARKET, BY OCCUPANTS, 2016-2023 ($MILLION)
TABLE 52. CANADA BEACH HOTELS MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 53. CANADA BEACH HOTELS MARKET, BY SERVICE TYPE, 2016-2023 ($MILLION)
TABLE 54. CANADA BEACH HOTELS MARKET, BY OCCUPANTS, 2016-2023 ($MILLION)
TABLE 55. MEXICO BEACH HOTELS MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 56. MEXICO BEACH HOTELS MARKET, BY SERVICE TYPE, 2016-2023 ($MILLION)
TABLE 57. MEXICO BEACH HOTELS MARKET, BY OCCUPANTS, 2016-2023 ($MILLION)
TABLE 58. EUROPE BEACH HOTELS MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 59. EUROPE BEACH HOTELS MARKET, BY SERVICE TYPE, 2016-2023 ($MILLION)
TABLE 60. EUROPE BEACH HOTELS MARKET, BY OCCUPANTS, 2016-2023 ($MILLION)
TABLE 61. EUROPE BEACH HOTELS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 62. UK BEACH HOTELS MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 63. UK BEACH HOTELS MARKET, BY SERVICE TYPE, 2016-2023 ($MILLION)
TABLE 64. UK BEACH HOTELS MARKET, BY OCCUPANTS, 2016-2023 ($MILLION)
TABLE 65. GERMANY BEACH HOTELS MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 66. GERMANY BEACH HOTELS MARKET, BY SERVICE TYPE, 2016-2023 ($MILLION)
TABLE 67. GERMANY BEACH HOTELS MARKET, BY OCCUPANTS, 2016-2023 ($MILLION)
TABLE 68. FRANCE BEACH HOTELS MARKET, BY TYPE, 2016-2023 ($MILLION)

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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