Luxury Hotel Market 2019 By: Marriott International, Hilton, Starwood Hotels & Resorts (Marriott), Hyatt Hotels, Four Seasons Holdings, Shangri-La International Hotel Management Ltd., InterContinental Hotels Group PLC

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.

According to this study, over the next five years the Luxury Hotel market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 222900 million by 2024, from US$ 171100 million in 2019.

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Luxury Hotel Market provides the detailed analysis of industry share, growth factors, development trends, market size, key players and 2024 forecast. The report also analyzes innovative business strategies, value added factors and business opportunities.

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 and more….

This 138 pages of report focuses on the Luxury Hotel Market in global market, especially in United States, China, Europe, Japan, Southeast Asia, India and more.

Market segment by Type, the product can be split into
• Business Hotel
• Suite Hotel
• Resorts Hotel

Market segment by Application, split into
• Room
• F&B
• SPA
• Others

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.

Research objectives
To study and analyze the global Luxury Hotel market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Luxury Hotel market by identifying its various subsegments.
Focuses on the key global Luxury Hotel players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Luxury Hotel with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Contents
1 Scope of the Report
2 Executive Summary
3 Global Luxury Hotel by Players
4 Luxury Hotel by Regions
…………….
11 Key Players Analysis

11.1 Marriott International
11.1.1 Company Details
11.1.2 Luxury Hotel Product Offered
11.1.3 Marriott International Luxury Hotel Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 Marriott International News

11.2 Hilton
11.2.1 Company Details
11.2.2 Luxury Hotel Product Offered
11.2.3 Hilton Luxury Hotel Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 Hilton News

11.3 Starwood Hotels & Resorts (Marriott)
TOC continued…!

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