U.S. dominating in Luxury Hotels Market: Growth Drivers and Opportunities by 2021
Report Description
Increasing consumer awareness and changing lifestyle are the major factors contributing to the growing popularity of luxury hotels globally. With the increasing standard of living, consumers are opting for luxury hotels for better services. Furthermore, the booming travel and tourism industry is one of the key factors fueling the demand for luxury hotels globally. In addition, rise in branding and promotional activities are one of the prime factors responsible for the increasing awareness about luxury hotels. Hoteliers are focusing on branding and promotions for better market penetration. Online booking, advance services, and easy check-in and check-out processes are the major driving factors responsible for the success of the luxury hotel industry. Moreover, in order to meet the consumer demands, hoteliers are focusing on upgrading their services. As service is a crucial part of the hospitality industry, hoteliers are concentrating on providing excellent services to retain customers.
Rise in the number of international events is fueling the market growth of luxury hotels globally. Consumers are opting for luxury hotels to spend their leisure time, with a view to experience the luxurious living offered in such hotels. Furthermore, the services, which include spa treatments, beauty services, and various other amenities offer relaxation and rejuvenate the customers. Moreover, hectic daily lifestyle and demand for luxurious living are some of the key reasons behind the growing popularity of luxury hotels globally.
Complete Report with TOC @ http://www.mrrse.com/luxury-hotels-market .
Scope
The global luxury hotels market by geography has been categorized into North America, Europe, Asia Pacific, and Rest of the World (RoW). The scope of the report offers an insight into luxury hotel preferences in these regions, based on revenue (USD billion). In addition, the current and future trends in the luxury hotels market are also covered in the report.
Currently, the U.S. is dominating the market for luxury hotels in North America. Germany is dominating the market for luxury hotels in Europe, followed by the U.K. The growing tourism industry is stimulating the demand for luxury hotels across the various regions globally. China dominates the luxury hotels market in Asia Pacific currently, followed by India and Singapore. Increasing brand awareness among consumers is driving the demand for luxury hotels in Brazil and Saudi Arabia.
Table of Contents
Chapter 1 Preface
1.1 Report Description
1.2 Market segmentation
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 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.
Request a Sample Copy of the Report @ http://www.mrrse.com/sample/284 .
Read Press Release @ http://www.mrrse.com/luxury-hotels-industry .
Read Blog @ http://www.mrrse.com/global-luxury-hotels-market .
About MRRSE
MRRSE stands for Market Research Reports Search Engine, the largest online catalog of latest market research reports based on industries, companies, and countries. MRRSE sources thousands of industry reports, market statistics, and company profiles from trusted entities and makes them available at a click. Besides well-known private publishers, the reports featured on MRRSE typically come from national statistics agencies, investment agencies, leading media houses, trade unions, governments, and embassies.
Contact
Corporate Office
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@mrrse.com
Increasing consumer awareness and changing lifestyle are the major factors contributing to the growing popularity of luxury hotels globally. With the increasing standard of living, consumers are opting for luxury hotels for better services. Furthermore, the booming travel and tourism industry is one of the key factors fueling the demand for luxury hotels globally. In addition, rise in branding and promotional activities are one of the prime factors responsible for the increasing awareness about luxury hotels. Hoteliers are focusing on branding and promotions for better market penetration. Online booking, advance services, and easy check-in and check-out processes are the major driving factors responsible for the success of the luxury hotel industry. Moreover, in order to meet the consumer demands, hoteliers are focusing on upgrading their services. As service is a crucial part of the hospitality industry, hoteliers are concentrating on providing excellent services to retain customers.
Rise in the number of international events is fueling the market growth of luxury hotels globally. Consumers are opting for luxury hotels to spend their leisure time, with a view to experience the luxurious living offered in such hotels. Furthermore, the services, which include spa treatments, beauty services, and various other amenities offer relaxation and rejuvenate the customers. Moreover, hectic daily lifestyle and demand for luxurious living are some of the key reasons behind the growing popularity of luxury hotels globally.
Complete Report with TOC @ http://www.mrrse.com/luxury-hotels-market .
Scope
The global luxury hotels market by geography has been categorized into North America, Europe, Asia Pacific, and Rest of the World (RoW). The scope of the report offers an insight into luxury hotel preferences in these regions, based on revenue (USD billion). In addition, the current and future trends in the luxury hotels market are also covered in the report.
Currently, the U.S. is dominating the market for luxury hotels in North America. Germany is dominating the market for luxury hotels in Europe, followed by the U.K. The growing tourism industry is stimulating the demand for luxury hotels across the various regions globally. China dominates the luxury hotels market in Asia Pacific currently, followed by India and Singapore. Increasing brand awareness among consumers is driving the demand for luxury hotels in Brazil and Saudi Arabia.
Table of Contents
Chapter 1 Preface
1.1 Report Description
1.2 Market segmentation
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 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.
Request a Sample Copy of the Report @ http://www.mrrse.com/sample/284 .
Read Press Release @ http://www.mrrse.com/luxury-hotels-industry .
Read Blog @ http://www.mrrse.com/global-luxury-hotels-market .
About MRRSE
MRRSE stands for Market Research Reports Search Engine, the largest online catalog of latest market research reports based on industries, companies, and countries. MRRSE sources thousands of industry reports, market statistics, and company profiles from trusted entities and makes them available at a click. Besides well-known private publishers, the reports featured on MRRSE typically come from national statistics agencies, investment agencies, leading media houses, trade unions, governments, and embassies.
Contact
Corporate Office
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@mrrse.com