Luxury Market Report 2019
Arcognizance.com shares report on “Luxury Hotel Market” report which provides the company profile, primary Research, capacity, Secondary Research, and market shares for each company. The report will assist reader with better understanding and decision making.
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. In particular, this report presents the global revenue market share of key companies in Luxury Hotel business.
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 study considers the Junction Box value and volume generated from the sales of the following segments:
Segmentation by product type:
Business Hotel
Suite Hotel
Resorts Hotel
Segmentation by application:
Room
F&B
SPA
Others
The key manufacturers covered in this report:
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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). To project the size of Luxury Hotel submarkets, with respect to key regions (along with their respective key countries).
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.
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Major Point of TOC:
Chapter One: Scope of the Report 1.1 Market Introduction 1.2 Research Objectives 1.3 Years Considered 1.4 Market Research Methodology 1.5 Economic Indicators 1.6 Currency Considered
Chapter Two: Executive Summary 2.1 World Market Overview 2.1.1 Global Luxury Hotel Market Size 2014-2024 2.1.2 Luxury Hotel Market Size CAGR by Region 2.2 Luxury Hotel Segment by Type 2.2.1 Business Hotel 2.2.2 Suite Hotel 2.2.3 Airport Hotel 2.2.4 Resorts Hotel
Chapter Three: Global Luxury Hotel by Players 3.1 Global Luxury Hotel Market Size Market Share by Players 3.1.1 Global Luxury Hotel Market Size by Players (2017-2019) 3.1.2 Global Luxury Hotel Market Size Market Share by Players (2017-2019) 3.2 Global Luxury Hotel Key Players Head office and Products Offered 3.3 Market Concentration Rate Analysis 3.3.1 Competition Landscape Analysis 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019) 3.4 New Products and Potential Entrants 3.5 Mergers & Acquisitions, Expansion
Chapter Four: Luxury Hotel by Regions 4.1 Luxury Hotel Market Size by Regions 4.2 Americas Luxury Hotel Market Size Growth 4.3 APAC Luxury Hotel Market Size Growth 4.4 Europe Luxury Hotel Market Size Growth 4.5 Middle East & Africa Luxury Hotel Market Size Growth
…. Continued
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Contact Info: Name: Matt Wilson Email: Send Email Organization: Analytical Research Cognizance Address: 100 Church street, 8th floor, Manhattan, New york, 10007 Phone: +1 (646) 434-7969 Website: http://www.arcognizance.com/report/global-luxury-hotel-market-growth-status-and-outlook-2019-2024
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