Luxury Hotels Market

Luxury Hotels Market (Type: Business/Commercial Hotels, Resort Hotels, Boutique Hotels, Casino Hotels, Transit Hotels, Bread & Breakfast Hotels, and Others; Room Capacity; Business Model) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Luxury Hotels Market Outlook 2031

  • The global luxury hotels market was valued at US$ 193.5 Bn in 2020
  • It is estimated to expand at a CAGR of 6.2% from 2021 to 2031
  • The global luxury hotels market is expected to exceed the value of US$ 304.6 Bn by the end of 2031

Analysts’ Viewpoint on Luxury Hotels Market Scenario

The growing popularity of luxury hotels due to rapid growth and advancement in hospitality industry is expected to drive the global luxury hotels market in the upcoming years. There is continuous growth and rising popularity of personalized and luxurious hospitality services in modern consumers. These trends are rapidly evolving according to consumer needs and advancement in technology. Manufacturers are focusing on innovative strategies. The increasing adoption of smart technologies to attract consumers across the globe. The implementation of contactless technologies in hotels due to the rapid spread of the COVID-19 virus has created growth opportunities for market players. This is enabling them to gain consumer confidence and regain stability. Companies in the global luxury hotels market should accelerate their services to unlock revenue opportunities to obtain competitive benefits. Market stakeholders are extending their services arms to gain a competitive edge.

Impact of Global Pandemic on Luxury Hotels Market

The rapid spread of coronavirus across the globe and enforced lockdown in many countries have had a negative impact on the global luxury hotels market. Manufacturers operating in the luxury hotels market are recovering from the losses caused due to the pandemic as a result of halt on transportation and travel restrictions across the globe. Major players operating in the luxury hotels market are investing and expanding their services to meet the rising demand from consumes. Increasing disposable income of consumers in developing nations and digitalization are factors help market players to stay ahead of the competition.

Luxury hotels provides advanced services and distinct features to their customers. Rapid growth and advancement in hospitality industry, along with increasing spending capacity of consumers are factors expected to drive the global luxury hotels market. Luxury hotels such as business hotels, suite hotels, airport hotels, and resorts are attracting various customers by giving top services. The increasing investment on the online promotion of luxurious hotels is also fueling the growth of the global market. The market players are constantly adopting latest technology to upgrade the experience level for their consumers. This factor drives the global luxury hotels market.

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Growing Consumer Preferences for Experiencing Luxurious Hotels Driving Global Market

Rapid urbanization, modernization, and increasing popularity of luxury hotels for vacations, business meetings, social gatherings, etc. are some of the factors fueling the growth of the global luxury hotels market. As consumers across the globe continue to evolve, they are more likely to seek unique and authentic hotel experiences. This trend is expected to encourage the hotel companies to explore new perspectives to work with property owners and partners in order to meet the demand of customers.

In addition, property owners present worldwide are also becoming well acquainted with the strength of branded offerings, and therefore, are looking for options to get associated with brands. Since the past few years, the industry witnessed launch of many brands by prominent market players. The addition of multiple new brands by key players in the market showcases the exponential industry appetite, and the ability of the market to grow despite of myriad challenges.

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Lucrative Growth Opportunities for Asia Pacific Manufacturers

Asia Pacific dominates the luxury hotel market followed by North America and Europe. The Asia Pacific luxury hotels market is driven by the largest middle class population, urbanization, increasing spending capacity of consumes, etc. The rise in population in developing countries of Asia Pacific countries such as China and India, along with increasing millennial population are factors driving the luxury hotels market. The increase in the number of travelers in Asia Pacific region also contributes to the luxury hotels market. Income of consumers in the Asia Pacific is slated to expand; China is contributing the maximum to this growth, closely followed by India. As economic activity across the region expands, along with a consequent rise in income, the demand for luxury hotel to suit different needs would rise in tandem. China and Japan are projected to dominate the Asia Pacific luxury hotel market due to the strong cultural and regional influences that govern the buying behavior of consumers with respect to choice of luxury hotels. India would also contribute a major share, owing to the rising disposable income in the region.

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Value-grab Opportunities for Market Players

The luxury hotel market is consolidated due to the presence of only a few major players contributing more than 50% to the overall luxury hotels market worldwide. Lucrative presence of market players operating in the global luxury hotels market and rising competition between them are expected to positively influence the growth of the global market. Key players operating in the global luxury hotels market are focusing on technological innovation. Market players are emphasizing on the expansion of their geographical reach to stay competitive in the market and to cater the increasing demand from customers across the globe.

Many manufacturers are planning to acquire small-scale companies or work in collaboration with them to gain a competitive share of the global market. Various strategies adopted by key market contributors in the luxury hotels market are responsible for increasing their revenue share.

Luxury Hotels Market: Overview

  • According to Transparency Market Research’s latest research report on the global luxury hotels market for the historical period 2017, 2018, and 2019, and the forecast period 2021–2031, rising disposable income of consumers in emerging economies and awareness is expected to propel the luxury hotels market across the globe
  • Key markets across the world are witnessing a rise in disposable income. Increased disposable income is linked to a rise in consumption activity, owing to an increased capacity to spend. This consequently increases the usage of luxury hotel products.

Growing Consumer Demand for Branded Experience Hotels Driving Luxury Hotels Market

  • As the consumer landscape across the globe continues to evolve, more number of consumers are projected to seek for unique and authentic hotel experiences. The trend is further expected to encourage the hotel companies to explore new perspectives to work with property owners and partners in order to meet the end-user experience.
  • Furthermore, the property owners present worldwide are also becoming well acquainted with the strength of branded offerings, and therefore are looking for options to get associated with brands. Within past 10 years, the industry witnessed launch of more than 20 brands by the prominent market players. The addition of multiple new brands by the key players in the market showcases the exponential industry appetite, and ability of the market to grow despite of myriad challenges.

Increasing Demand from Asia Pacific

  • Asia Pacific dominates the luxury hotels market followed by North America and Europe. Asia Pacific has the largest middle class population in the world. Rise in population across emerging Asia Pacific countries such as China and India with increasing millennial population, and rise in disposable income and increasing the number of travelers in Asia Pacific region.
  • Asia Pacific’s income is slated to expand; China contributing the maximum to this growth, closely followed by India. As economic activity across the region expands, along with a consequent rise in income, demand for luxury hotel to suit different needs would rise in tandem.
  • China and Japan are expected to dominate the Asia Pacific luxury hotels market due to the strong cultural and regional influences that govern the buying behavior of consumers with respect to choice of luxury hotels. India would also contribute a major share to the regional share, owing to the rising disposable income in the region.
  • However, rising trend in shared economy has empowered organizations such as Expedia and AirBnb, predominantly due to these companies have lower overhead cost than chain hotels, and this enables them to provide the customers with personalized experience at relatively lower cost

Luxury Hotels Market: Competition Landscape

  • Detailed profiles of providers of luxury hotels have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • The luxury hotels market is consolidated due to the presence of only a few major players contributing more than 50% to the overall luxury hotels market worldwide. Competition is expected to intensify in the next few years due to the entry of homestay players.
  • Key players operating in the global luxury hotels market are
    • Accor
    • Marriott international
    • Hyatt hotels
    • Hilton worldwide
    • InterContinental Hotels Group
    • Best Western Hotels
    • Choice Hotels International, Inc.
    • Wyndham Destinations
    • Radisson Hotel Group
    • Indian Hotels Company Limited

Luxury Hotels Market: Key Developments

  • Key manufacturers of luxury hotel products, such as Mariott, and Accorr Group are focusing on technological innovations. Companies are emphasizing on expansion of their geographical reach to stay competitive in the market and to cater to a large customer base. Furthermore, numerous manufacturers are planning to acquire small-scale companies or work in collaboration with them to gain a competitive share in the global market. These are the key strategies followed by luxury hotel companies to increase their market share in terms of revenue.
    • Wyndham on Tuesday announced to further strengthen its presence in the country by opening a 300-room newly built hotel, Ramada Plaza by Wyndham Mumbai Sahar, located at the Mumbai airport
    • In December 2021, Marriott International has announced plans to expand its luxury global portfolio next year. The hotel group has nearly 190 luxury properties in the development pipeline, with 30 of these set to open in 2022 in destinations such as Mexico, Portugal, Australia, and South Korea.

Luxury Hotels Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 193.5 Bn

Market Forecast Value in 2031

US$ 304.6 Bn

Growth Rate (CAGR)

6.2%

Forecast Period

2021-2031

Quantitative Units

US$ Bn for Value

Market Analysis

Global qualitative analysis includes drivers, restraints, opportunities, key trends, upcoming key trends, Porter’s Five Forces analysis, value chain analysis, SWOT analysis, etc. Furthermore, at the regional level, qualitative analysis includes key trends, price trends, and consumer buying behavior analysis.

Competition Landscape

  • Market Player – Competition Dashboard and Revenue Share Analysis 2020
  • Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, COVID – 19 Response, Strategy & Business Overview)

Market Segmentation

  • Luxury Hotels Market, by Type
    • Business/Commercial Hotels
    • Boutique Hotels
    • Resort Hotels
    • Casino Hotels
    • Transit Hotels
    • Bed & Breakfast Hotels
    • Others
  • Luxury Hotels Market, by Room Capacity
    • Small Hotel
    • Medium Hotel
    • Large Hotel
    • Mega Hotels
  • Luxury Hotels Market, by Business Model
    • Chain Hotels
    • Individual Hotels

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • U.K.
  • Germany
  • France
  • Japan
  • China
  • India
  • GCC Countries
  • South Africa
  • Brazil

Companies Profiled

  • Accor
  • Marriott international
  • Hyatt hotels
  • Hilton worldwide
  • InterContinental Hotels Group
  • Best Western Hotels
  • Choice Hotels International, Inc.
  • Wyndham Destinations
  • Radisson Hotel Group
  • Indian Hotels Company Limited.

Customization Scope

Available upon Request

Pricing

Available upon Request

Luxury Hotels Market – Segmentation

TMR’s study on the global luxury hotels market includes information categorized into seven sections ― type, room capacity, business model, and region. Changing industry trends and other crucial market dynamics associated with these sections of the luxury hotels market are discussed in detail.

Type
  • Business/Commercial Hotels
  • Resort Hotels
  • Boutique Hotels
  • Casino Hotels
  • Transit Hotels
  • Bed & Breakfast Hotels
  • Others
Room Capacity
  • Small Hotel
  • Medium Hotel
  • Large Hotel
  • Mega Hotels
Business Model
  • Chain Hotels
  • Individual Hotels
Region
  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

Frequently Asked Questions

What is the anticipated CAGR of the Luxury Hotels Market in the forecast period?

Luxury Hotels Market to expand at a CAGR of 6.2% during the forecast period 2031

Which region has largest share in Luxury Hotels Market?

Asia Pacific holds highest share during 2021-2031

Who are the key players in the global Luxury Hotels Market? 

Key players operating in the global luxury hotels market are Accor, Marriott international, Hyatt hotels, Hilton worldwide, InterContinental Hotels Group, Best Western Hotels, Choice Hotels International, Inc., Wyndham Destinations, Radisson Hotel Group, and Indian Hotels Company Limited.

What is the study period of this market?

The Luxury Hotels Market is studied from 2021-2031

What is the total market worth of Luxury Hotels Market?

Luxury Hotels Market is expected to rise to US$ 304.6 Bn by 2031

    1. Preface

        1.1. Market Definition and Scope

        1.2. Market Segmentation

        1.3. Key Research Objectives

        1.4. Research Highlights

    2. Assumptions

    3. Research Methodology

    4. Executive Summary

    5. Market Overview

        5.1. Market Dynamics

            5.1.1. Drivers

            5.1.2. Restraints

            5.1.3. Opportunities

        5.2. Key Trends Analysis

            5.2.1. Demand Side Analysis

            5.2.2. Supply Side Analysis

        5.3. Key Market Indicators

            5.3.1. Overall Hotel Industry Overview

        5.4. Porter’s Five Forces Analysis

        5.5. Value Chain Analysis

        5.6. Industry SWOT Analysis

        5.7. COVID-19 Impact Analysis

        5.8. Technology Overview

        5.9. Global Luxury Hotels Market Analysis and Forecast, 2017 - 2031

            5.9.1. Market Value Projections (US$ Mn)

    6. Global Luxury Hotels Market Analysis and Forecast, By Type

        6.1. Global Luxury Hotels Market Size (US$ Mn) Forecast, By Type, 2017 - 2031

            6.1.1. Business/ Commercial Hotels

            6.1.2. Resort Hotels

            6.1.3. Boutique Hotels

            6.1.4. Casino Hotels

            6.1.5. Transit Hotels

            6.1.6. Bread & Breakfast Hotels

            6.1.7. Others

        6.2. Incremental Opportunity, By Type

    7. Global Luxury Hotels Market Analysis and Forecast, By Room Capacity

        7.1. Global Luxury Hotels Market Size (US$ Mn) Forecast, By Room Capacity, 2017 - 2031

            7.1.1. Small Hotel

            7.1.2. Medium Hotel

            7.1.3. Large Hotel

            7.1.4. Mega Hotels

        7.2. Incremental Opportunity, By Room Capacity

    8. Global Luxury Hotels Market Analysis and Forecast, By Business Model

        8.1. Global Luxury Hotels Market Size (US$ Mn) Forecast, By Business Model, 2017 - 2031

            8.1.1. Chain Hotels

            8.1.2. Individual Hotels

        8.2. Incremental Opportunity, By Business Model

    9. Global Luxury Hotels Market Analysis and Forecast, Region

        9.1. Global Luxury Hotels Market Size (US$ Mn) Forecast, By Region, 2017 - 2031

            9.1.1. North America

            9.1.2. Europe

            9.1.3. Asia Pacific

            9.1.4. Middle East & Africa

            9.1.5. South America

        9.2. Incremental Opportunity, By Region

    10. North America Luxury Hotels Market Analysis and Forecast

        10.1. Regional Snapshot

        10.2. Key Trends Analysis

            10.2.1. Supplier Side

            10.2.2. Demand Side

        10.3. Consumer Buying Behavior

            10.3.1. Impact in the consumer buying behavior-COVID 19 (End user Preferences and Buying Power)

        10.4. Regulatory Framework

            10.4.1. Government Stimulus Measures for different industries

        10.5. Luxury Hotels Market Size (US$ Mn) Forecast, By Type, 2017 - 2031

            10.5.1. Business/ Commercial Hotels

            10.5.2. Resort Hotels

            10.5.3. Boutique Hotels

            10.5.4. Casino Hotels

            10.5.5. Transit Hotels

            10.5.6. Bread & Breakfast Hotels

            10.5.7. Others

        10.6. Luxury Hotels Market Size (US$ Mn) Forecast, By Room Capacity, 2017 - 2031

            10.6.1. Small Hotel

            10.6.2. Medium Hotel

            10.6.3. Large Hotel

            10.6.4. Mega Hotels

        10.7. Luxury Hotels Market Size (US$ Mn) Forecast, By Business Model, 2017 - 2031

            10.7.1. Chain Hotels

            10.7.2. Individual Hotels

        10.8. Luxury Hotels Market Size (US$ Mn) Forecast, By Country, 2017 - 2031

            10.8.1. The U.S.

            10.8.2. Canada

            10.8.3. Rest of North America

        10.9. Incremental Opportunity Analysis

    11. Europe Luxury Hotels Market Analysis and Forecast

        11.1. Regional Snapshot

        11.2. Key Trends Analysis

            11.2.1. Supplier Side

            11.2.2. Demand Side

        11.3. Consumer Buying Behavior

            11.3.1. Impact in the consumer buying behavior-COVID 19 (End user Preferences and Buying Power)

        11.4. Regulatory Framework

            11.4.1. Government Stimulus Measures for different industries

        11.5. Luxury Hotels Market Size (US$ Mn) Forecast, By Type, 2017 - 2031

            11.5.1. Business/ Commercial Hotels

            11.5.2. Resort Hotels

            11.5.3. Boutique Hotels

            11.5.4. Casino Hotels

            11.5.5. Transit Hotels

            11.5.6. Bread & Breakfast Hotels

            11.5.7. Others

        11.6. Luxury Hotels Market Size (US$ Mn) Forecast, By Room Capacity, 2017 - 2031

            11.6.1. Small Hotel

            11.6.2. Medium Hotel

            11.6.3. Large Hotel

            11.6.4. Mega Hotels

        11.7. Luxury Hotels Market Size (US$ Mn) Forecast, By Business Model, 2017 - 2031

            11.7.1. Chain Hotels

            11.7.2. Individual Hotels

        11.8. Luxury Hotels Market Size (US$ Mn) Forecast, By Country, 2017 - 2031

            11.8.1. The U.K.

            11.8.2. Germany

            11.8.3. France

            11.8.4. Rest of Europe

        11.9. Incremental Opportunity Analysis

    12. Asia Pacific Luxury Hotels Market Analysis and Forecast

        12.1. Regional Snapshot

        12.2. Key Trends Analysis

            12.2.1. Supplier Side

            12.2.2. Demand Side

        12.3. Consumer Buying Behavior

            12.3.1. Impact in the consumer buying behavior-COVID 19 (End user Preferences and Buying Power)

        12.4. Regulatory Framework

            12.4.1. Government Stimulus Measures for different industries

        12.5. Luxury Hotels Market Size (US$ Mn) Forecast, By Type, 2017 - 2031

            12.5.1. Business/ Commercial Hotels

            12.5.2. Resort Hotels

            12.5.3. Boutique Hotels

            12.5.4. Casino Hotels

            12.5.5. Transit Hotels

            12.5.6. Bread & Breakfast Hotels

            12.5.7. Others

        12.6. Luxury Hotels Market Size (US$ Mn) Forecast, By Room Capacity, 2017 - 2031

            12.6.1. Small Hotel

            12.6.2. Medium Hotel

            12.6.3. Large Hotel

            12.6.4. Mega Hotels

        12.7. Luxury Hotels Market Size (US$ Mn) Forecast, By Business Model, 2017 - 2031

            12.7.1. Chain Hotels

            12.7.2. Individual Hotels

        12.8. Luxury Hotels Market Size (US$ Mn) Forecast, By Country, 2017 - 2031

            12.8.1. China

            12.8.2. India

            12.8.3. Japan

            12.8.4. Rest of Asia Pacific

        12.9. Incremental Opportunity Analysis

    13. Middle East & Africa Luxury Hotels Market Analysis and Forecast

        13.1. Regional Snapshot

        13.2. Key Trends Analysis

            13.2.1. Supplier Side

            13.2.2. Demand Side

        13.3. Consumer Buying Behavior

            13.3.1. Impact in the consumer buying behavior-COVID 19 (End user Preferences and Buying Power)

        13.4. Regulatory Framework

            13.4.1. Government Stimulus Measures for different industries

        13.5. Luxury Hotels Market Size (US$ Mn) Forecast, By Type, 2017 - 2031

            13.5.1. Business/ Commercial Hotels

            13.5.2. Resort Hotels

            13.5.3. Boutique Hotels

            13.5.4. Casino Hotels

            13.5.5. Transit Hotels

            13.5.6. Bread & Breakfast Hotels

            13.5.7. Others

        13.6. Luxury Hotels Market Size (US$ Mn) Forecast, By Room Capacity, 2017 - 2031

            13.6.1. Small Hotel

            13.6.2. Medium Hotel

            13.6.3. Large Hotel

            13.6.4. Mega Hotels

        13.7. Luxury Hotels Market Size (US$ Mn) Forecast, By Business Model, 2017 - 2031

            13.7.1. Chain Hotels

            13.7.2. Individual Hotels

        13.8. Luxury Hotels Market Size (US$ Mn) Forecast, By Country, 2017 - 2031

            13.8.1. GCC

            13.8.2. South Africa

            13.8.3. Rest of Middle East & Africa

        13.9. Incremental Opportunity Analysis

    14. South America Luxury Hotels Market Analysis and Forecast

        14.1. Regional Snapshot

        14.2. Key Trends Analysis

            14.2.1. Supplier Side

            14.2.2. Demand Side

        14.3. Consumer Buying Behavior

            14.3.1. Impact in the consumer buying behavior-COVID 19 (End user Preferences and Buying Power)

        14.4. Regulatory Framework

            14.4.1. Government Stimulus Measures for different industries

        14.5. Luxury Hotels Market Size (US$ Mn) Forecast, By Type, 2017 - 2031

            14.5.1. Business/ Commercial Hotels

            14.5.2. Resort Hotels

            14.5.3. Boutique Hotels

            14.5.4. Casino Hotels

            14.5.5. Transit Hotels

            14.5.6. Bread & Breakfast Hotels

            14.5.7. Others

        14.6. Luxury Hotels Market Size (US$ Mn) Forecast, By Room Capacity, 2017 - 2031

            14.6.1. Small Hotel

            14.6.2. Medium Hotel

            14.6.3. Large Hotel

            14.6.4. Mega Hotels

        14.7. Luxury Hotels Market Size (US$ Mn) Forecast, By Business Model, 2017 - 2031

            14.7.1. Chain Hotels

            14.7.2. Individual Hotels

        14.8. Luxury Hotels Market Size (US$ Mn) Forecast, By Country, 2017 - 2031

            14.8.1. Brazil

            14.8.2. Rest of South America

        14.9. Incremental Opportunity Analysis

    15. Competition Landscape

        15.1. Market Player – Competition Dashboard

        15.2. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Financial/Revenue, Strategy & Business Overview, Sales Channel Analysis, Size Portfolio)

            15.2.1. Accor S.A

                15.2.1.1. Company Overview

                15.2.1.2. Sales Area/Geographical Presence

                15.2.1.3. Financial/Revenue

                15.2.1.4. Strategy & Business Overview

                15.2.1.5. Sales Channel Analysis

                15.2.1.6. Size Portfolio

            15.2.2. Marriott International Inc.

                15.2.2.1. Company Overview

                15.2.2.2. Sales Area/Geographical Presence

                15.2.2.3. Financial/Revenue

                15.2.2.4. Strategy & Business Overview

                15.2.2.5. Sales Channel Analysis

                15.2.2.6. Size Portfolio

            15.2.3. Hyatt Hotels Corporation

                15.2.3.1. Company Overview

                15.2.3.2. Sales Area/Geographical Presence

                15.2.3.3. Financial/Revenue

                15.2.3.4. Strategy & Business Overview

                15.2.3.5. Sales Channel Analysis

                15.2.3.6. Size Portfolio

            15.2.4. Hilton Worldwide Holdings Inc

                15.2.4.1. Company Overview

                15.2.4.2. Sales Area/Geographical Presence

                15.2.4.3. Financial/Revenue

                15.2.4.4. Strategy & Business Overview

                15.2.4.5. Sales Channel Analysis

                15.2.4.6. Size Portfolio

            15.2.5. InterContinental Hotels Group PLC

                15.2.5.1. Company Overview

                15.2.5.2. Sales Area/Geographical Presence

                15.2.5.3. Financial/Revenue

                15.2.5.4. Strategy & Business Overview

                15.2.5.5. Sales Channel Analysis

                15.2.5.6. Size Portfolio

            15.2.6. Best Western International, Inc

                15.2.6.1. Company Overview

                15.2.6.2. Sales Area/Geographical Presence

                15.2.6.3. Financial/Revenue

                15.2.6.4. Strategy & Business Overview

                15.2.6.5. Sales Channel Analysis

                15.2.6.6. Size Portfolio

            15.2.7. Choice Hotels International, Inc.

                15.2.7.1. Company Overview

                15.2.7.2. Sales Area/Geographical Presence

                15.2.7.3. Financial/Revenue

                15.2.7.4. Strategy & Business Overview

                15.2.7.5. Sales Channel Analysis

                15.2.7.6. Size Portfolio

            15.2.8. Wyndham Destinations, Inc.

                15.2.8.1. Company Overview

                15.2.8.2. Sales Area/Geographical Presence

                15.2.8.3. Financial/Revenue

                15.2.8.4. Strategy & Business Overview

                15.2.8.5. Sales Channel Analysis

                15.2.8.6. Size Portfolio

            15.2.9. Radisson Hospitality A.B

                15.2.9.1. Company Overview

                15.2.9.2. Sales Area/Geographical Presence

                15.2.9.3. Financial/Revenue

                15.2.9.4. Strategy & Business Overview

                15.2.9.5. Sales Channel Analysis

                15.2.9.6. Size Portfolio

            15.2.10. Indian Hotels Company Limited

                15.2.10.1. Company Overview

                15.2.10.2. Sales Area/Geographical Presence

                15.2.10.3. Financial/Revenue

                15.2.10.4. Strategy & Business Overview

                15.2.10.5. Sales Channel Analysis

                15.2.10.6. Size Portfolio

    16. Key Takeaway

        16.1. Identification of Potential Market Spaces

            16.1.1. Type

            16.1.2. Room Capacity

            16.1.3. Business Model

            16.1.4. Region

        16.2. Prevailing Market Risks Key Takeaways

    List of Tables

    Table 1: Global Luxury Hotel Market Value, by Type, US$ Mn, 2017-2031

    Table 2: Global Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2017-2031

    Table 3: Global Luxury Hotel Market Value, by Business Model, US$ Mn, 2017-2031

    Table 4: Global Luxury Hotel Market Value, by Region, US$ Mn, 2017-2031

    Table 5: North America Luxury Hotel Market Value, by Type, US$ Mn, 2021-2031

    Table 6: North America Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2021-2031

    Table 7: North America Luxury Hotel Market Value, by Business Model, US$ Mn, 2021-2031

    Table 8: North America Luxury Hotel Market Value, by Country/Sub-Region, US$ Mn, 2021-2031

    Table 9: Europe Luxury Hotel Market Value, by Type, US$ Mn, 2017-2031

    Table 10: Europe Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2017-2031

    Table 11: Europe Luxury Hotel Market Value, by Business Model, US$ Mn, 2017-2031

    Table 12: Europe Luxury Hotel Market Value, by Country/Sub-Region, US$ Mn, 2017-2031

    Table 13: Asia Pacific Luxury Hotel Market Value, by Type, US$ Mn, 2021-2031

    Table 14: Asia Pacific Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2021-2031

    Table 15: Asia Pacific Luxury Hotel Market Value, by Business Model, US$ Mn, 2021-2031

    Table 16: Asia Pacific Luxury Hotel Market Value, by Country/Sub-Region, US$ Mn, 2021-2031

    Table 17: MEA Luxury Hotel Market Value, by Type, US$ Mn, 2017-2031

    Table 18: MEA Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2017-2031

    Table 19: MEA Luxury Hotel Market Value, by Business Model, US$ Mn, 2017-2031

    Table 20: MEA Luxury Hotel Market Value, by Country/Sub-Region, US$ Mn, 2017-2031

    Table 21: South America Luxury Hotel Market Value, by Type, US$ Mn, 2017-2031

    Table 22: South America Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2017-2031

    Table 23: South America Luxury Hotel Market Value, by Business Model, US$ Mn, 2017-2031

    Table 24: South America Luxury Hotel Market Value, by Country/Sub-Region, US$ Mn, 2017-2031

    List of Figures

    Figure 1: Global Luxury Hotel Market Value, by Type, US$ Mn, 2017-2031

    Figure 2: Global Luxury Hotel Market Incremental Opportunity, by Type, 2021-2031

    Figure 3: Global Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2017-2031

    Figure 4: Global Luxury Hotel Market Incremental Opportunity, by Room Capacity, 2021-2031

    Figure 5: Global Luxury Hotel Market Value, by Business Model, US$ Mn, 2017-2031

    Figure 6: Global Luxury Hotel Market Incremental Opportunity, by Business Model, 2021-2031

    Figure 7: Global Luxury Hotel Market Value, by Region, US$ Mn, 2017-2031

    Figure 8: North America Luxury Hotel Market Incremental Opportunity, by Region,2017-2031

    Figure 9: North America Luxury Hotel Market Value, by Type, US$ Mn, 2021-2031

    Figure 10: North America Luxury Hotel Market Incremental Opportunity, by Type, 2017-2031

    Figure 11: North America Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2021-2031

    Figure 12: North America Luxury Hotel Market Incremental Opportunity, by Room Capacity, 2017-2031

    Figure 13: North America Luxury Hotel Market Value, by Business Model, US$ Mn, 2021-2031

    Figure 14: North America Luxury Hotel Market Incremental Opportunity, by Business Model, 2017-2031

    Figure 15: North America Luxury Hotel Market Value, by Country/Sub-Region, US$ Mn, 2021-2031

    Figure 16: North America Luxury Hotel Market Incremental Opportunity, by Country/Sub-Region, 2021-2031

    Figure 17: Europe Luxury Hotel Market Value, by Type, US$ Mn, 2017-2031

    Figure 18: Europe Luxury Hotel Market Incremental Opportunity, by Type, 2021-2031

    Figure 19: Europe Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2017-2031

    Figure 20: Europe Luxury Hotel Market Incremental Opportunity, by Room Capacity, 2021-2031

    Figure 21: Europe Luxury Hotel Market Value, by Business Model, US$ Mn, 2017-2031

    Figure 22: Europe Luxury Hotel Market Incremental Opportunity, by Business Model, 2021-2031

    Figure 23: Europe Luxury Hotel Market Value, by Country/Sub-Region, US$ Mn, 2017-2031

    Figure 24: Europe Luxury Hotel Market Incremental Opportunity, by Country/Sub-Region, 2017-2031

    Figure 25: Asia Pacific Luxury Hotel Market Value, by Type, US$ Mn, 2021-2031

    Figure 26: Asia Pacific Luxury Hotel Market Incremental Opportunity, by Type, 2017-2031

    Figure 27: Asia Pacific Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2021-2031

    Figure 28: Asia Pacific Luxury Hotel Market Incremental Opportunity, by Room Capacity, 2017-2031

    Figure 29: Asia Pacific Luxury Hotel Market Value, by Business Model, US$ Mn, 2021-2031

    Figure 30: Asia Pacific Luxury Hotel Market Incremental Opportunity, by Business Model, 2017-2031

    Figure 31: Asia Pacific Luxury Hotel Market Value, by Country/Sub-Region, US$ Mn, 2021-2031

    Figure 32: Asia Pacific Luxury Hotel Market Incremental Opportunity, by Country/Sub-Region, 2021-2031

    Figure 33: MEA Luxury Hotel Market Value, by Type, US$ Mn, 2017-2031

    Figure 34: MEA Luxury Hotel Market Incremental Opportunity, by Type, 2021-2031

    Figure 35: MEA Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2017-2031

    Figure 36: MEA Luxury Hotel Market Incremental Opportunity, by Room Capacity, 2021-2031

    Figure 37: MEA Luxury Hotel Market Value, by Business Model, US$ Mn, 2017-2031

    Figure 38: MEA Luxury Hotel Market Incremental Opportunity, by Business Model, 2021-2031

    Figure 39: MEA Luxury Hotel Market Value, by Country/Sub-Region, US$ Mn, 2017-2031

    Figure 40: MEA Luxury Hotel Market Incremental Opportunity, by Country/Sub-Region, 2021-2031

    Figure 41: South America Luxury Hotel Market Value, by Type, US$ Mn, 2017-2031

    Figure 42: South America Luxury Hotel Market Incremental Opportunity, by Type, 2021-2031

    Figure 43: South America Luxury Hotel Market Value, by Room Capacity, US$ Mn, 2017-2031

    Figure 44: South America Luxury Hotel Market Incremental Opportunity, by Room Capacity, 2021-2031

    Figure 45: South America Luxury Hotel Market Value, by Business Model, US$ Mn, 2017-2031

    Figure 46: South America Luxury Hotel Market Incremental Opportunity, by Business Model, 2021-2031

    Figure 47: South America Luxury Hotel Market Value, by Country/Sub-Region, US$ Mn, 2017-2031

    Figure 48: South America Luxury Hotel Market Incremental Opportunity, by Country/Sub-Region, 2021-2031

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