Press release
Impressive Growth On Luxury Hotel Market by Focusing Major Players - Hyatt Hotels Corporation, Marriott International, Shangri-La Hotels and Resorts, Four Seasons Hotels and Resorts, Hilton, Kerzner International, IHG®, Jumeirah Group
Luxury hotels provide luxurious stay along with various other services such as swimming pool (warm & fresh water), barbeque, spa, gyms, bar and other tailor made services as per the desire and comfort of customers. Several such hotels also provide private garden or private area on beach along with personal sunbeds, to distinguish themselves from other players.North America 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%. Asia-Pacific and China ranked the second and third markets with the market share of 19.28% and 18.73% in 2017.
Major players in the market are integrating room control systems through the Internet of Things (IoT) platform. As a result, guests can control cooling, heating, and lighting in their rooms wirelessly through mobile-based applications. Furthermore, simplified hotel reservation processes have upped demand in recent years. Online hotel bookings are supplemented by readily-available information in the form of photos and videos of the property, along with customer feedback.
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Companies Profiled in this Report includes:
• Hyatt Hotels Corporation
• Marriott International
• Shangri-La Hotels and Resorts
• Four Seasons Hotels and Resorts
• Starwood Hotels & Resorts (Marriott)
• Hilton
• Kerzner International
• InterContinental Hotels Group (IHG®)
• Jumeirah International LLC
• ITC Hotels Limited
• Mandarin Oriental International Limited
• The Indian Hotels Company Limited
• And, Many More…
The report study begins with a brief market history and then gives a comprehensive market overview. The report talks about the market dynamics – the trends that are shaping the global Luxury Hotel market. A detailed analysis of the key market drivers and restraints are presented. In addition to this, an in-depth analysis of the challenges, threats the market faces are covered in this study. The study delivers an impact analysis of these key trends according to demography.
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Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
Market segment by Type, the product can be split into
• Business Hotel
• Suite Hotel
• Airport Hotel
• Resorts Hotel
Market segment by Application, the market can be split into
• Room
• F&B
• SPA
• Others
Luxury Hotel market is segmented on the basis of various parameters. The factors which are impacting the market’s growth are studied in detail. The report also presents a overall weaknesses which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period. Besides this, profiles of some of the leading players operating and encouraging in the growth of the global Luxury Hotel market are included in the study. Additionally, using SWOT analysis, markets weaknesses and strengths are analyzed. It also helps the report provide insights into the opportunities and threats that these companies may face during the forecast period.
The study objectives of Luxury Hotel market report are:
• To analyze and study the global Luxury Hotel capacity, production, value, consumption, status (2013-2018) and forecast (2019-2026);
• Focuses on the key Luxury Hotel manufacturers, to study the capacity, production, value, market share and development plans in future.
• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents:
Global Luxury Hotel Market Research Report
Chapter 1 Luxury Hotel Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
……. CONTINUED FOR TOC
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