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This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Hotel market by product type, application, key manufacturers and key regions. Luxury Hotel will register a 4.0% CAGR in terms of revenue, reach US$ 216000 million by 2023, from US$ 171100 million in 2017.The luxury hotels 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.
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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.
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.
The Luxury Hotel Market is segmented by product as follows:
Segmentation by product type:
Business Hotel
Suite Hotel
Resorts Hotel
Segmentation by application:
Room
F&B
SPA
Others
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Marriott International
Hilton
Starwood Hotels & Resorts (Marriott)
Hyatt Hotels
Four Seasons Holdings Inc.
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, Inc.
ITC Hotels Limited
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This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Research objectives
To study and analyze the global Luxury Hotel consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Luxury Hotel market by identifying its various subsegments.
Focuses on the key global Luxury Hotel manufacturers, to define, describe and analyze the sales volume, 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 consumption 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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The data from the top players in the global Luxury Hotel market compiled with a comprehensive secondary research has provided key insights into the market which proves that the market is poised at a healthy stage, waiting to launch itself to new heights any time. Customers looking to gain detailed information about the global Luxury Hotel market can get in touch with Analytical Research Cognizance
Some of the Points cover in Global Luxury Hotel Market Research Report is:
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 Consumption 2013-2023
2.1.2 Luxury Hotel Consumption CAGR by Region
2.2 Luxury Hotel Segment by Type
2.2.1 WIFI
2.2.2 Bluetooth
2.3 Luxury Hotel Consumption by Type
Chapter Three: Global Luxury Hotel by Players
3.1 Global Luxury Hotel Sales Market Share by Players
3.1.1 Global Luxury Hotel Sales by Players (2016-2018)
3.1.2 Global Luxury Hotel Sales Market Share by Players (2016-2018)
3.2 Global Luxury Hotel Revenue Market Share by Players
3.2.1 Global Luxury Hotel Revenue by Players (2016-2018)
Chapter Four: Luxury Hotel by Regions
4.1 Luxury Hotel by Regions
4.1.1 Global Luxury Hotel Consumption by Regions
4.1.2 Global Luxury Hotel Value by Regions
4.2 Americas Luxury Hotel Consumption Growth
Chapter Five: Americas
5.1 Americas Luxury Hotel Consumption by Countries
5.1.1 Americas Luxury Hotel Consumption by Countries (2013-2018)
5.1.2 Americas Luxury Hotel Value by Countries (2013-2018)
5.2 Americas Luxury Hotel Consumption by Type
Chapter Six: APAC
6.1 APAC Luxury Hotel Consumption by Countries
6.1.1 APAC Luxury Hotel Consumption by Countries (2013-2018)
6.1.2 APAC Luxury Hotel Value by Countries (2013-2018)
6.2 APAC Luxury Hotel Consumption by Type
6.3 APAC Luxury Hotel Consumption by Application…..& More
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