Global Luxury Hotels Market Report, History and Forecast 2015-2026, Breakdown Data by Companies, Key Regions, Types and Application

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.
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.

Market Analysis and Insights: Global Luxury Hotels Market
The research report studies the Luxury Hotels market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Luxury Hotels market size is projected to reach US$ 236490 million by 2026, from US$ 200380 million in 2020, at a CAGR of 2.8% during 2021-2026.

Global Luxury Hotels Scope and Segment
The global Luxury Hotels market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Luxury Hotels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

Segment by Type, the Luxury Hotels market is segmented into
Business Hotel
Suite Hotel
Airport Hotel
Resorts Hotel

Segment by Application, the Luxury Hotels market is segmented into
Room
F&B
SPA
Other

Global Luxury Hotels market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The major vendors covered:
Marriott International, Inc
Hilton
Starwood Hotels & Resorts
Hyatt Hotels
Four Seasons Holdings Inc.
Shangri-La International
InterContinental Hotels Group
Mandarin Oriental International
The Indian Hotels Company
Jumeirah International LLC
Kerzner International Resorts