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Luxury Hotel Market Investment Opportunities , Business Analysis And Future Growth

01-23-2025 10:53 AM CET | Consumer Goods & Retail

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Luxury Hotel Market

Luxury Hotel Market

๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global luxury hotel market, valued at USD 101.38 billion in 2023, is anticipated to grow at a compound annual growth rate (CAGR) of 5.1%, reaching approximately USD 143.61 billion by 2030.

The market is expected to be driven by the expanding business and tourism sectors across many regions, rising disposable income, rising personal standards of living, and growing demand for leisure travel. Among the key factors responsible for drawing customers to upscale resorts are rising purchasing power and living standards. The demand for upscale venues for business gatherings and leisure travel is increasing as more money enters the economy.

๐…๐จ๐ซ ๐š ๐ช๐ฎ๐ข๐œ๐ค ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/124393/

๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

The luxury hotel industry is experiencing substantial growth due to the enhancement of infrastructure and the adoption of modern technologies to improve guest experiences. Key players are integrating advanced automation solutions to offer personalized services, thereby attracting a discerning clientele.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's luxury hotel market is expanding, fueled by a booming tourism industry and economic prosperity. The country's rich cultural heritage and natural beauty attract high-end travelers, leading to increased investments in luxury accommodations. International hotel operators are entering the market, capitalizing on Vietnam's growing appeal as a premium travel destination.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand continues to be a preferred destination for luxury travelers, with its exotic locales and renowned hospitality. The luxury hotel sector is witnessing growth, supported by government initiatives to promote tourism and private investments in upscale hotel developments. The emphasis on unique experiences and wellness tourism is further propelling market expansion.

๐‰๐š๐ฉ๐š๐ง: ๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's luxury hotel market is evolving, with a focus on blending traditional Japanese aesthetics with modern luxury. The upcoming international events and a surge in inbound tourism have prompted hotel chains to upgrade facilities and services. Sustainability and personalized guest experiences are emerging trends influencing the market.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea is experiencing growth in its luxury hotel segment, driven by an increase in international tourists and a burgeoning domestic market. The country's dynamic culture and technological advancements are attracting global hotel brands to establish a presence, offering innovative and high-quality services to guests.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/124393/

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's strategic location and status as a financial hub make it a hotspot for luxury hotel investments. The market is characterized by a blend of business and leisure travelers seeking premium services. There is a growing trend towards sustainable luxury, with hotels adopting eco-friendly practices to appeal to environmentally conscious guests.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The United States luxury hotel market is robust, with significant developments in key cities and resort destinations. The focus on experiential travel has led hotels to offer unique and personalized services. The integration of advanced technologies to enhance guest comfort and operational efficiency is a notable trend.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's luxury hotel market is experiencing consolidation, with increased mergers and acquisitions. Notably, in 2024, the British hotel industry saw a record surge in deal activity, with transactions totaling ยฃ6.6 billion, marking a 182% increase from 2023. London accounted for 50% of the volume, with significant sales such as ADIA's Marriott hotel portfolio to Amante Capital for ยฃ900 million.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐š๐ง๐ ๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ & ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ

The luxury hotel industry is witnessing significant mergers and acquisitions aimed at expanding market reach and enhancing service offerings. For instance, in November 2024, the Hotel Miguel รngel in Madrid was acquired by the Canary Islands hotel chain Lopesan and the real estate investment group Stoneweg for โ‚ฌ210 million, marking one of the most notable transactions of the year.

๐ƒ๐ข๐ฏ๐ž ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/124393/

๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

Business
Airport
Holiday
Resorts & Spas
Others

The market is divided into business, airport, vacation, resort, and spa segments based on type. In 2022, the business sector made up the largest portion of revenue-roughly 35%. Throughout the projection period, the resorts and spas industry is anticipated to have a compound annual growth rate (CAGR) of more than 5%. There is a significant increase in demand for vacation resorts and spas that are specifically made to help guests unwind and take breaks from their everyday routines due to the growing popularity of leisure travel.
Singapore's Changi Airport Terminal Three, for instance, is regarded as one of the most renowned luxury airport hotels, with amenities including a spa that uses reflexology to combat jet lag, a gym, and a swimming pool surrounded by grounds reminiscent of a jungle.

๐“๐จ ๐‹๐ž๐š๐ซ๐ง ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐’๐ญ๐ฎ๐๐ฒ, ๐๐ฅ๐ž๐š๐ฌ๐ž ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/market-report/luxury-hotel-market/124393/

๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐‡๐จ๐ญ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Four Seasons Holdings Inc
2. Intercontinental Hotels Group
3. Marriott International Inc
4.Hyatt Corporation
5. ITC Hotels Limited
6. Shangri-La International Hotel Management Ltd.
7. Jumeirah International LLC,
8. The Indian Hotel Companies Limited
9. Paracas
10. Mandarin Oriental.
11. The Oberoi.
12. Nobu Ryokan T.
13. Taj Holiday Village Resort & Spa.
14. Mahali Mzuri
15. Nayara Tented Camp

๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐œ๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐ž๐๐ ๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐ซ๐จ๐ฆ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ€ข Global Etching Machine Market https://www.maximizemarketresearch.com/market-report/etching-machine-market/122130/

โ€ข Global Electrical Resistors Market https://www.maximizemarketresearch.com/market-report/global-electrical-resistors-market/99673/

โ€ข Global Electric Arc Furnaces Market https://www.maximizemarketresearch.com/market-report/global-electric-arc-furnaces-market/92921/

โ€ข Paraben Market https://www.maximizemarketresearch.com/market-report/paraben-market-overview-market/199865/

โ€ข Asia Pacific Digital Transformation Market https://www.maximizemarketresearch.com/market-report/asia-pacific-digital-transformation-market/2942/

โ€ข Global Intelligent Pump Market https://www.maximizemarketresearch.com/market-report/global-hollow-core-insulator-market/19825/

โ€ข Global Geocells Market https://www.maximizemarketresearch.com/market-report/global-geocells-market/27005/

โ€ข Global Eye Tracking System Market https://www.maximizemarketresearch.com/market-report/global-eye-tracking-system-market/23340/

โ€ข Global Automotive Acoustic Materials Market https://www.maximizemarketresearch.com/market-report/automotive-acoustic-materials-market/2584/

โ€ข Fiberglass Fabric Market https://www.maximizemarketresearch.com/market-report/fiberglass-fabric-market/2801/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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