Transparency Market Research Luxury Hotels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021
Published Date 2015-07-24
88 Page Report
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Luxury Hotels Market is expected to reach USD 195.27 billion by 2021 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Luxury Hotels Market
REPORT DESCRIPTION
Luxury Hotels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2021 Transparency Market Research has published a new market report titled - Luxury Hotels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 2021. According to the report, the global luxury hotels market was valued at USD 148.62 billion in 2014 and is anticipated to reach USD 195.27 billion by 2021, expanding at a CAGR of 4.0% from 2015 to 2021. North America dominated the global luxury hotels market in 2014 and is expected to maintain its leading position over the forecast period. The luxury hotels market in North America is expanding at a CAGR of 5.4% over the forecast period. The booming travel and tourism industry coupled with changing lifestyle is contributing in the growing popularity of luxury hotels globally. Browse The Market Research Report of Luxury Hotels Market : http://www.transparencymarketresearch.com/luxury-hotels-market.html Changing consumer preference for leisure and luxury is the major driver of the luxury hotels market. Growing number of travelers across different regions such as North America, Europe, Asia Pacific and Rest of the World (RoW) is contributing to the positive growth of the luxury hotels market. Increasing disposable income and growing expenditure on luxury lifestyle are also generating a positive impact on the luxury hotels market. The luxury hotels market by type is segmented into: business hotels, suite hotels, airport hotels, resorts, and others. Business hotels held the largest market share in the luxury hotels market in 2014, expanding at a CAGR 3.8% over the forecast period. The business hotels cater to business travelers and are primarily located in business districts. The target customers for business hotels are business travelers and small conference groups. Airport hotels market is expanding at a CAGR 3.7% over the forecast period. Aggressive branding, promotional activities and expenses incurred on online advertisement are expected to create a high positive impact on the market for luxury hotels globally. Due to changing lifestyle and increasing disposable income, consumers are showing interest towards experiencing luxurious services during their holidays. These tourists with a wide range of taste and budget are keen on experiencing the luxury services provided by various luxury resorts and hotels. Moreover, rising numbers of international events are proving beneficial for the luxury hotels. In addition, increasing standard of living and information about various services provided by these hotels is fueling the demand for luxury hotels globally.
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Get Free Sample Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=s&rep_id=1839 Rising consumer brand consciousness along with changing lifestyle is boosting the demand for luxury hotels in North America, followed by Europe. The growing travel and tourism industry is one of the major reasons behind the increasing popularity of luxury hotels in Asia Pacific. Moreover, increasing number of international events coupled with improving standard of living is driving the demand for luxury hotels in Rest of the World (RoW). U.S. dominated the market for luxury hotels across North America in 2014 and is expected to maintain its position over the forecast period. Booming tourism industry and rise in the number of tourists have been the prime factors responsible for the growth of the luxury hotels market in the U.S. Furthermore, Germany dominated the market for luxury hotels in 2014 across Europe. Changing consumer preference for leisure and luxury is the major driver of the luxury hotels market. Starwood Hotels & Resorts, Four Seasons Holdings Inc., InterContinental Hotels Group PLC, ITC Hotels Limited, The Indian Hotels Company Limited, Mandarin Oriental International Limited, Jumeirah International LLC, Shangri-La International Hotel Management Ltd., Kerzner International Resorts, Inc., and Marriott International, Inc. among others have strong global presence in luxury hotels market. Browse Press Release of Luxury Hotels Market : http://www.transparencymarketresearch.com/pressrelease/luxury-hotels-market.htm
The global luxury hotels market has been segmented as follows: Global Luxury Hotels Market by Type •
Business Hotels
•
Suit Hotels
•
Airport Hotels
•
Resorts
•
Others
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Luxury Hotels Market
Global Luxury Hotels Market by Region North America •
U.S.
•
Rest of North America
Europe •
UK
•
Germany
•
Rest of Europe
Asia Pacific •
China
•
India
•
Singapore
•
South Korea
Rest of the World (RoW) •
Saudi Arabia
•
Brazil
•
Others
TABLE OF CONTENT
Chapter 1 Preface 1.1 Report Description 1.2 Market segmentation
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1.2.1 Global luxury hotels market segmentation, by type and geography 1.3 Research scope 1.4 Research Methodology
Chapter 2 Executive Summary 2.1 Global Luxury Hotels Market Snapshot 2.2 Global Luxury Hotels Market Size, 2014 - 2021 (USD Billion) 2.2.1 Y-o-Y Growth, 2015-2021 (Value %)
Chapter 3 Global Luxury Hotels Market Overview 3.1 Introduction 3.1.1 Various services of luxury hotels 3.1.2 Classification of luxury hotels market 3.2 Key Trend Analysis 3.3 Market Drivers 3.3.1 Drivers for luxury hotels market: Impact analysis 3.3.1.1 Branding and promotions 3.3.1.2 Growing travel and tourism industry 3.3.1.3 Changing consumer preference for luxurious lifestyle 3.3.1.4 Increasing number of international events
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3.4 Market Restraints 3.4.1 Restraints for luxury hotels market: Impact analysis 3.4.1.1 Unstable political environment 3.4.1.2 Natural disasters such as storms, floods, and earthquake 3.5 Market Opportunities 3.5.1 New luxury hotels establishments 3.6 Market Attractiveness Analysis for global luxury Hotels Market
Chapter 4 Global Luxury Hotels Market Revenue, By Type, 2014-2021 4.1 Overview 4.1.1 Revenue, 2014-2021 (In USD Billion) 4.1.2 Y-o-Y Growth, 2015-2021 (Value %) 4.1.3 Market Share, 2014 Vs 2021 (%) 4.2 Business Hotels 4.3 Suite Hotels 4.4 Airport Hotels 4.5 Resorts 4.6 Others
Chapter 5 Global Luxury Hotels Market- Regional Analysis
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5.1 Market Overview 5.1.1 Revenue, 2014-2021 (In USD Billion) 5.1.2 Market Share, 2014 Vs 2021 (%) 5.2 North America 5.2.1 U.S. 5.2.2 Rest of North America 5.3 Europe 5.3.1 UK 5.3.2 Germany 5.3.3 Rest of Europe 5.4 Asia Pacific 5.4.1 China 5.4.2 India 5.4.3 Singapore 5.4.4 South Korea 5.4.5 Rest of Asia Pacific 5.5 Rest of the World (RoW) 5.5.1 Saudi Arabia 5.5.2 Brazil 5.5.3 Others
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Chapter 6 Company Profiles 6.1 Starwood Hotels & Resorts 6.2 Four Seasons Holdings Inc. 6.3 InterContinental Hotels Group PLC 6.4 ITC Hotels Limited 6.5 Jumeirah International LLC 6.6 Kerzner International Resorts, Inc. 6.7 The Indian Hotels Company Limited 6.8 Mandarin Oriental International Limited 6.9 Shangri-La International Hotel Management Ltd. 6.10 Marriott International, Inc. List of Figures
FIG. 1 Global Luxury Hotels Market Segmentation, by Type and Geography FIG. 2 Global Luxury Hotels Market Revenue, 2014 - 2021 (USD Billion) FIG. 3 Various services of luxury hotels FIG. 4 Classification of luxury hotels market FIG. 5 World’s Top 10 Tourism Destinations, 2013 FIG. 6 Global Luxury Hotels Market Attractiveness by Type, 2014
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FIG. 7 Luxury Hotels Market, Market Revenue and Forecast, 2014 – 2021 (In USD Billion) FIG. 8 Global Luxury Hotels Market, By Type, Size, and Forecast, 2014 Vs 2021 (Value %) FIG. 9 Business Hotels segment, market size and forecast, 2014-2021 (In USD Billion) FIG. 10 Suite Hotels segment, market size and forecast, 2014-2021 (In USD Billion) FIG. 11 Airport Hotels segment, market size and forecast, 2014-2021 (In USD Billion) FIG. 12 Resorts segment, market size and forecast, 2014-2021 (In USD Billion) FIG. 13 Others segment, market size and forecast, 2014-2021 (In USD Billion) FIG. 14 Luxury Hotels Market, Market Revenue and Forecast, 2014 – 2021 (In USD Billion) FIG. 15 Global Luxury Hotels Market, by Geography, Size, and Forecast, 2014 Vs 2021 (Value %) FIG. 16 North America Luxury Hotels Market Revenue, 2014 – 2021 (USD Billion) FIG. 17 U.S. Luxury Hotels Market Revenue, 2014 – 2021 (USD Billion) FIG. 18 U.S. Luxury Hotels Brand Share, 2014 FIG. 19 Rest of North America Luxury Hotels Market Revenue, 2014 – 2021 (USD Billion) FIG. 20 Europe Luxury Hotels Market Revenue, 2014 – 2021 (USD Billion) FIG. 21 UK Luxury Hotels Market Revenue, 2014 – 2021 (USD Billion) FIG. 22 U.K. Luxury Hotels Brand Share, 2014 FIG. 23 Germany Luxury Hotels Market Revenue, 2014 – 2021 (USD Billion) FIG. 24 Germany Luxury Hotels Brand Share, 2014 FIG. 25 Rest of Europe Luxury Hotels Market Revenue, 2014 – 2021 (USD Billion) FIG. 26 Asia Pacific luxury hotels market revenue, 2014– 2021 (USD Billion)
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FIG. 27 China luxury hotels market revenue, 2014 – 2021 (USD Billion) FIG. 28 China luxury hotels brand share, 2014 FIG. 29 India luxury hotels market revenue, 2014 – 2021 (USD Billion) FIG. 30 India luxury hotels brand share, 2014 FIG. 31 Singapore luxury hotels market revenue, 2014 – 2021 (USD Billion) FIG. 32 Singapore luxury hotels brand share, 2014 FIG. 33 South Korea luxury hotels market revenue, 2014 – 2021 (USD Billion) FIG. 34 South Korea luxury hotels brand share, 2014 FIG. 35 Rest of Asia Pacific luxury hotels market revenue, 2014 – 2021 (USD Billion) FIG. 36 RoW luxury hotels market revenue, 2014 – 2021 (USD Billion) FIG. 37 Saudi Arabia luxury hotels market revenue, 2014 – 2021 (USD Billion) FIG. 38 Saudi Arabia luxury hotels brand share, 2014 FIG. 39 Brazil luxury hotels market revenue, 2014 – 2021 (USD Billion) FIG. 40 Brazil luxury hotels brand share, 2014 FIG. 41 Others luxury hotels market revenue, 2014 – 2021 (USD Billion)
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