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Luxury Hotel Market 2019, By Top Vendors are- Marriott International, Hilton, Hyatt Hotels, Four Seasons Holdings Inc. and Shangri-La International Hotel Management Ltd.

02-13-2019 03:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orbis Research

Luxury Hotel

Luxury Hotel

In 2018, the global Luxury Hotel market size was 171100 million US$ and it is expected to reach 241800 million US$ by the end of 2025, with a CAGR of 4.4% during 2019-2025.

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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.

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.

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.

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.

The key players covered in this study
• Marriott International
• Hilton
• Starwood Hotels & Resorts (Marriott)
• Hyatt Hotels
• Four Seasons Holdings
• 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
• ITC Hotels Limited

To make an enquiry on report@ https://www.orbisresearch.com/contacts/enquiry-before-buying/2623727

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

Some Point from Table of Content:

Chapter One: 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 (2014-2025)
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 (2014-2025)
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

Chapter Two: 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 (2014-2025)
2.2.2 Luxury Hotel Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

Browse full report@ https://www.orbisresearch.com/reports/index/global-luxury-hotel-market-size-status-and-forecast-2019-2025

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