Global and China Luxury Hotels Market Size, Status and Forecast 2021-2027

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.
Global Luxury Hotels key players include Marriott International, Inc, Hilton, Hyatt Hotels, Four Seasons Holdings Inc., etc. Global top four manufacturers hold a share about 25%.
United States is the largest market, with a share about 30%, followed by China, and Europe, both have a share over 35 percent.
In terms of product, Suite Hotels is the largest segment, with a share nearly 40%. And in terms of application, the largest application is F&B, followed by Room, SPA, etc.

Market Analysis and Insights: Global Luxury Hotels Market
The global Luxury Hotels market size is projected to reach US$ 259510 million by 2027, from US$ 197680 million in 2020, at a CAGR of 4.0% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Luxury Hotels market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Luxury Hotels market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Luxury Hotels market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Luxury Hotels market.

Global Luxury Hotels Scope and Market Size
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 Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Business Hotel
Suite Hotel
Airport Hotel
Resorts Hotel

Segment by Application
Room
F&B
SPA
Other

By Region
North America
U.S.
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
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
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
ITC Hotels Limited