封面
市場調查報告書
商品編碼
1390500

2023-2028 年豪華飯店市場報告(按類型(商務飯店、機場飯店、套房飯店、度假村等)、房型(豪華、超高檔、高檔)、類別(連鎖、獨立)和地區

Luxury Hotel Market Report by Type (Business Hotels, Airport Hotels, Suite Hotels, Resorts, and Others), Room Type (Luxury, Upper-Upscale, Upscale), Category (Chain, Independent), and Region 2023-2028

出版日期: | 出版商: IMARC | 英文 145 Pages | 商品交期: 2-3個工作天內

價格

概要

2022年全球豪華飯店市場規模達到1,047億美元。展望未來, IMARC Group預計到2028年市場規模將達到1,371億美元,2022-2028年複合年成長率(CAGR)為4.60%。大眾健康和永續發展的新興趨勢、豪華酒店廣泛涵蓋健康設施和項目以及酒店產品的不斷創新是推動市場成長的關鍵因素。

豪華酒店是超越提供基本設施的接待機構,專注於為客人提供卓越的體驗。這些飯店的特點是地理位置優越,通常位於高檔社區或標誌性旅遊目的地。建築和室內設計體現出優雅和精緻的感覺。豪華飯店提供寬敞的客房,配備高品質的家具和尖端技術。個人化服務是另一個特點,員工與客人的比例很高,確保及時滿足每個需求。飯店內通常設有精緻的餐飲場所,提供由熟練廚師烹調的美味佳餚。其他設施通常包括最先進的健身中心、世界一流的水療中心,有時甚至包括私人管家。此類場所旨在提供無縫、縱享的體驗,而且通常價格較高。透過注重細節並提供無與倫比的服務,豪華飯店成為舒適和奢華的縮影。

健康和永續發展已成為影響旅館業消費者選擇的關鍵因素。豪華酒店擴大融入超越傳統水療和健身中心的健康設施和項目。這些範圍從正念靜修到營養均衡的美食菜單,所有這些都旨在促進身心健康。隨著消費者意識的增強,有效整合健康和永續發展的飯店可能擁有競爭優勢。隨著國際旅行變得更加便捷,豪華酒店正在擴大其全球影響力,以利用新興市場和具有全球視野的旅客。此外,社群媒體和影響力行銷的廣泛採用也極大地支撐了市場。除此之外,公司和組織經常選擇豪華酒店作為其活動場地,因為它們擁有一流的設施、先進的技術和優質的服務。這些場所提供寬敞的會議室、最先進的視聽設備和專業的活動策劃服務,是舉辦企業活動的理想場所。

豪華飯店市場趨勢/促進因素:

日益富裕和可支配所得的增加

豪華酒店業最重要的市場促進因素之一是全球富裕程度和可支配收入的成長。隨著經濟狀況的改善和中產階級人口的擴大,越來越多的消費者發現自己擁有財務自由來享受奢華體驗。這種支出能力的提高在新興經濟體中尤其明顯,這些經濟體的快速工業化和技術進步正在推動經濟成長。與經濟型或中檔飯店不同,豪華飯店不僅被視為住宿,而且本身就是目的地。他們提供一系列高階設施,如精緻餐飲、水療服務和個人化禮賓服務,吸引了願意支付高價以獲得卓越體驗的個人。可支配收入的增加也與商務旅行的增加有關。由於商務旅行預算的原因,高階主管和高級官員可能對價格不太敏感,但他們往往更喜歡豪華飯店,因為他們擁有一流的設施和高水準的服務。因此,在企業合作夥伴關係和忠誠度計畫的進一步推動下,該細分市場的客戶群不斷成長。

消費者對個人化體驗的偏好不斷變化

另一個市場促進因素是消費者偏好向個人化和獨特體驗的轉變。現代旅行者不再滿足於千篇一律的設施和服務;他們正在尋求滿足其特定需求和品味的客製化體驗。此外,豪華飯店擅長提供此類客製化體驗,從個人化的餐飲菜單到精心策劃的當地旅遊。先進技術在這方面發揮著至關重要的作用,使飯店能夠收集和分析資料以預測客人的需求。無論是提供首選品牌的盥洗用品還是組織獨家活動,這些酒店都在研究和員工培訓方面投入巨資,以便更好地了解客人。此外,千禧世代和 Z 世代旅客對個人化體驗的渴望尤其強烈,他們重視旅行選擇的真實性和獨特性。隨著這些年輕一代的消費能力增強,他們對客製化體驗的偏好可能會進一步推動豪華酒店市場。

技術創新與數位轉型

技術進步正在對豪華酒店業產生重大影響,成為強大的市場驅動力。高速網路、智慧客房和先進的行動應用程式正在成為客人的基本期望。技術可以實現更無縫的操作,從線上預訂和數位入住到客房自動化系統,讓客人透過智慧型手機控制照明、溫度,甚至客房服務。此外,飯店正在利用資料分析來深入了解消費者行為,從而實現更有效的行銷和服務最佳化。虛擬實境 (VR) 和擴增實境 (AR) 用於虛擬旅遊和增強的賓客體驗,而人工智慧 (AI) 透過聊天機器人和自動化客戶服務系統幫助提供個人化服務。所有這些技術功能吸引了精通技術的客戶,並簡化了營運、降低了成本並提高了服務品質。未能適應這些技術趨勢的酒店可能會被淘汰,這凸顯了技術創新作為市場驅動力的作用。

豪華酒店行業細分:

IMARC Group提供了豪華飯店市場報告各細分市場主要趨勢的分析,以及 2023-2028 年全球、區域和國家層面的預測。我們的報告根據類型、房間類型和類別對市場進行了分類。

按類型分類:

按類型分類:

商務飯店

機場飯店

附設泳池的飯店

度假村

其他

商務飯店佔大部分市場佔有率

該報告根據類型提供了詳細的市場細分和分析。這包括商務酒店、機場酒店、套房酒店、度假村等。報告顯示,商務飯店佔據了最大的市場佔有率。

豪華飯店領域的商務飯店正在經歷由商務旅行的成長所推動的市場成長,而這往往得到不斷擴大的全球商業活動和合作夥伴關係的支持。公司擴大投資為其高階主管提供優質住宿,重視豪華商務飯店提供的優質服務、先進技術和一流設施。這些飯店地理位置優越,靠近商業區或機場,為商務旅客提供便利的交通。他們還提供專業服務,包括靈活的入住和退房時間、供應全球美食的多種餐飲選擇以及最先進的會議設施。另一個市場驅動力是會議、獎勵旅遊、會議、展覽 (MICE) 產業的成長。憑藉一流的設施和無與倫比的服務標準,豪華商務飯店正在成為舉辦高規格企業活動的首選場所。此外,旅遊和酒店業的數位轉型也扮演著重要角色。無縫線上預訂系統、虛擬會議功能以及透過資料分析提供的個人化服務吸引了精通技術的商務旅客。這些因素共同使豪華商務酒店成為越來越受歡迎的選擇,推動了市場擴張。

依房型分類:

奢華

超高級

高級

報告還根據房型對市場進行了詳細的細分和分析。這包括豪華、超高檔和高檔。

豪華飯店業的高檔房型市場受到願意在高檔住宿上花費大量資金的富裕人士和高淨值人士的成長所推動。這些高檔客房通常提供個人化服務,例如私人管家,可提供增強的賓客體驗。除此之外,對私人小型泳池、客房內按摩服務和客房內美食等優質設施的需求也是推動成長的重要因素。此外,「居家度假」趨勢正在興起,人們在不離開城市的情況下尋求奢華的度假。高檔客房提供天堂般的感覺,配有高階家具和最新的技術功能。

相反,在社會、經濟和技術因素的共同推動下,豪華酒店業的高檔房型市場正在經歷顯著成長。關鍵促進因素之一是全球消費者日益富裕,特別是來自新興經濟體的消費者,他們擴大尋求更豪華的住宿。這部分提供更高層次的體驗,擁有獨特的便利設施,例如全景私人陽台、用於房間控制的高科技自動化,甚至還有專門的健康功能,例如鹽療牆或香薰系統。同時,這種體驗通常也輔以優質禮賓服務,包括個人化行程規劃以及內部餐飲和水療設施的優先預訂。另一個市場促進因素是體驗式旅行的成長趨勢,富裕的旅客願意支付高價購買能夠提供獨特時刻或直接進入獨家活動或地點的客房。

按類別細分:

獨立的

連鎖店佔大部分市場佔有率

該報告根據類別提供了詳細的市場細分和分析。這包括連鎖和獨立。報告稱,連鎖店佔據了最大的市場佔有率。

由於品牌認知度和信任度,連鎖經營的豪華飯店市場正在不斷擴大。豪華連鎖飯店通常提供標準化的高品質服務和設施的保證,這吸引了尋求可靠性和一致性的休閒和商務旅客。此外,這些連鎖店受益於強大的行銷和客戶忠誠度計劃,鼓勵重複入住和推薦。規模經濟提供了另一個優勢。連鎖豪華飯店可以與供應商協商更好的交易,並在飯店之間共享資源,從而在保持品質的同時降低成本,這使它們對消費者和投資者都有吸引力。此外,連鎖飯店還擁有財力投資尖端技術,為客人提供行動辦理入住、智慧客房控制和客製化禮賓服務等功能,進一步增強其市場吸引力。連鎖豪華飯店在多個地點擁有物業,能夠很好地滿足那些喜歡在不同城市或國家獲得熟悉體驗的全球旅客的需求。此外,與航空公司、信用卡公司和公司帳戶的合作進一步擴大了他們的客戶群。

按地區分類:

北美洲

美國

加拿大

亞太地區

中國

日本

印度

韓國

澳洲

印尼

其他

歐洲

德國

法國

英國

義大利

西班牙

俄羅斯

其他

拉丁美洲

巴西

墨西哥

其他

中東和非洲

北美表現出明顯的主導地位,佔據最大的豪華酒店市場佔有率

市場研究報告還對所有主要區域市場進行了全面分析,其中包括北美(美國和加拿大);亞太地區(中國、日本、印度、韓國、澳洲、印尼等);歐洲(德國、法國、英國、義大利、西班牙、俄羅斯等);拉丁美洲(巴西、墨西哥等);以及中東和非洲。根據該報告,北美地區的展出面積最大。

在社會、經濟和技術因素的共同推動下,北美的豪華酒店業正在強勁成長。主要促進因素之一是強勁的經濟和高水準的可支配收入,尤其是千禧世代和 X 世代,他們擴大選擇豪華旅行體驗。同時,體驗式旅行的興起,客人尋求獨特和個性化的住宿體驗,是該地區另一個強大的市場驅動力。此外,北美也是商務和國際會議的中心,吸引了大量喜歡豪華住宿的商務旅客。

此外,技術進步正在推動成長,因為北美消費者開始期望智慧客房、無縫數位預訂和其他技術設施作為標準產品。該市場也受到社群媒體趨勢和影響者行銷的影響,這對消費者的選擇產生重大影響,尤其是年輕旅客的選擇。此外,對永續發展和健康的重視引起了消費者的共鳴,促使他們選擇優先考慮環保做法和健康設施的豪華酒店。

競爭格局:

主要參與者專注於為客人創造獨特和個性化的體驗。這包括客製化服務、特殊設施和個人化禮賓服務。此外,豪華飯店正在採用永續的做法,以盡量減少對環境的影響,包括環保建築設計和節能技術,減少一次性塑膠對市場產生正面影響。此外,豪華飯店正在投資技術來改善賓客體驗,例如非接觸式入住、客房內自動化和高速 Wi-Fi,這是另一個推動成長的因素。除此之外,健康和保健也變得越來越重要。豪華酒店通常擁有世界一流的水療設施,並提供健康計劃,以滿足注重健康的旅客的需求。因此,這極大地支撐了市場。此外,豪華酒店與奢侈品牌、藝術家和設計師合作,為客人提供獨特的產品和體驗。

市場研究報告對市場競爭格局進行了全面分析。也提供了所有主要公司的詳細資料。市場上的一些主要參與者包括:

雅高

貝爾蒙有限公司(LVMH Moet Hennessy Louis Vuitton)

四季酒店有限公司

凱悅酒店集團

洲際酒店集團

國貿有限公司

卓美亞國際有限公司

文華東方酒店Group Limited

萬豪國際集團

瑰麗酒店及度假村有限責任公司(瑰麗酒店集團)

香格里拉國際飯店管理有限公司

印度酒店有限公司

最近的發展:

2023 年 5 月,雅高表示將與 Erth 房地產公司合作,在沙烏地阿拉伯王國利雅德推出三家新飯店,作為新總體規劃開發案的一部分。

2023 年 2 月,四季酒店有限公司宣布計劃在台灣首都市中心建造一座全新的高級酒店。台北四季酒店將坐落於信義區,緊鄰台北 101 大樓,這是亞洲和世界上最知名的建築之一,也是最高的建築之一。

2022 年 12 月,凱悅酒店集團宣布未來三年將在歐洲、非洲和中東 (EAME) 開設一系列備受期待的新酒店,作為其高階品牌組合在全球範圍內持續擴張的一部分。這 13 間酒店預計將加入凱悅旗下的知名品牌,包括柏悅酒店、安達仕、君悅酒店、湯普森酒店、Miraval Resorts & Spas 和 The Unbound Collection by Hyatt。這 13 家酒店將在世界上一些最受歡迎的旅遊目的地首次亮相,包括英國、西班牙、南非、奧地利、芬蘭等。

本報告回答的關鍵問題

  • 2022年全球豪華飯店市場規模有多大
  • 2023-2028年全球豪華飯店市場的預期成長率是多少
  • 推動全球豪華酒店市場的關鍵因素是什麼
  • COVID-19 對全球豪華飯店市場有何影響
  • 全球豪華酒店市場按類型分類是怎樣的
  • 全球豪華酒店市場按類別分類是怎樣的
  • 全球豪華飯店市場的重點區域有哪些
  • 誰是全球豪華酒店市場的主要參與者/公司

本報告回答的關鍵問題

  • 2022年全球豪華飯店市場規模有多大?
  • 2023-2028年全球豪華飯店市場的預期成長率是多少?
  • 推動全球豪華酒店市場的關鍵因素是什麼?
  • COVID-19 對全球豪華飯店市場有何影響?
  • 全球豪華酒店市場按類型分類是怎樣的?
  • 全球豪華酒店市場按類別分類是怎樣的?
  • 全球豪華飯店市場的重點區域有哪些?
  • 全球豪華飯店市場的主要參與者/公司有哪些?

目錄

第 1 章:前言

第 2 章:範圍與方法

  • 研究目的
  • 利害關係人
  • 資料來源
    • 主要資源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球豪華飯店市場

  • 市場概況
  • 市場業績
  • COVID-19 的影響
  • 市場預測

第 6 章:按類型分類的市場細分

  • 商務飯店
    • 市場走向
    • 市場預測
  • 機場飯店
    • 市場走向
    • 市場預測
  • 附設泳池的飯店
    • 市場走向
    • 市場預測
  • 度假村
    • 市場走向
    • 市場預測
  • 其他
    • 市場走向
    • 市場預測

第 7 章:按房間類型分類的市場細分

  • 奢華
    • 市場走向
    • 市場預測
  • 超高級
    • 市場走向
    • 市場預測
  • 高級
    • 市場走向
    • 市場預測

第 8 章:按類別分類的市場區隔

    • 市場走向
    • 市場預測
  • 獨立的
    • 市場走向
    • 市場預測

第 9 章:按地區分類的市場區隔

  • 北美洲
    • 美國
      • 市場走向
      • 市場預測
    • 加拿大
      • 市場走向
      • 市場預測
  • 亞太
    • 中國
      • 市場走向
      • 市場預測
    • 日本
      • 市場走向
      • 市場預測
    • 印度
      • 市場走向
      • 市場預測
    • 韓國
      • 市場走向
      • 市場預測
    • 澳洲
      • 市場走向
      • 市場預測
    • 印尼
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 歐洲
    • 德國
      • 市場走向
      • 市場預測
    • 法國
      • 市場走向
      • 市場預測
    • 英國
      • 市場走向
      • 市場預測
    • 義大利
      • 市場走向
      • 市場預測
    • 西班牙
      • 市場走向
      • 市場預測
    • 俄羅斯
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 拉丁美洲
    • 巴西
      • 市場走向
      • 市場預測
    • 墨西哥
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 中東和非洲
    • 市場走向
    • 按國家/地區分類的市場細分
    • 市場預測

第 10 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 11 章:價值鏈分析

第 12 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 13 章:價格分析

第14章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Accor
    • Belmond Ltd. (LVMH Moet Hennessy Louis Vuitton)
    • Four Seasons Hotels Limited
    • Hyatt Hotels Corporation
    • InterContinental Hotels Group plc
    • ITC Limited
    • Jumeirah International LLC
    • Mandarin Oriental Hotel Group Limited
    • Marriott International Inc
    • Rosewood Hotels and Resorts LLC (Rosewood Hotel Group)
    • Shangri-La International Hotel Management Ltd.
    • The Indian Hotels Company Limited
Product Code: SR112023A4252

Abstract

The global luxury hotel market size reached US$ 104.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 137.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.60% during 2022-2028. The emerging trend of wellness and sustainability among the masses, the widespread incorporation of wellness facilities and programs in luxury hotels, and continuous innovations in hotel offerings are among the key factors driving the market growth.

A luxury hotel is a hospitality establishment that goes beyond providing basic amenities, focusing on delivering an exceptional experience to its guests. These hotels are characterized by their prime locations, often situated in upscale neighborhoods or iconic tourist destinations. The architecture and interior design reflect a sense of elegance and sophistication. Luxury hotels offer spacious rooms equipped with high-quality furnishings and cutting-edge technology. Personalized service is another hallmark, with a high staff-to-guest ratio ensuring that every need is promptly addressed. Fine dining options are typically on-site, featuring gourmet meals prepared by skilled chefs. Additional amenities often include state-of-the-art fitness centers, world-class spas, and sometimes even personal butlers. Such establishments aim to offer a seamless, indulgent experience, often at a premium price point. By focusing on the finer details and delivering unparalleled service, luxury hotels set themselves apart as the epitome of comfort and opulence.

Wellness and sustainability have emerged as crucial factors influencing consumer choice in the hospitality industry. Luxury hotels are increasingly incorporating wellness facilities and programs that go beyond the traditional spa and fitness center. These range from mindfulness retreats to nutritionally balanced gourmet menus, all designed to promote physical and mental well-being. As consumer awareness grows, hotels that effectively integrate wellness and sustainability are likely to have a competitive edge. As international travel becomes more accessible, luxury hotels are expanding their global presence to capitalize on emerging markets and the globally-minded traveler. In addition, the widespread adoption of social media and influencer marketing is significantly supporting the market. Apart from this, companies and organizations often choose luxury hotels as venues for their events due to their top-notch facilities, advanced technology offerings, and high-quality service. These establishments offer spacious conference rooms, state-of-the-art audio-visual equipment, and professional event-planning services, making them ideal for hosting corporate events.

Luxury Hotel Market Trends/Drivers:

Growing Affluence and Increase in Disposable Income

One of the most significant market drivers for the luxury hotel industry is the rise in affluence and disposable income globally. As economic conditions improve and middle-class populations expand, more consumers find themselves with the financial freedom to indulge in luxury experiences. This elevated spending capability is particularly noticeable in emerging economies where rapid industrialization and technological advancements are propelling economic growth. Unlike budget or mid-range hotels, luxury hotels are not seen as mere accommodations but as destinations in themselves. They offer an array of high-end amenities such as fine dining, spa services, and personalized concierge services, which attract individuals willing to pay a premium for an exceptional experience. The rise in disposable income also correlates with increased business travel. Executives and high-ranking officials, who may be less price-sensitive due to corporate travel budgets, often prefer luxury hotels for their top-notch facilities and high levels of service. This segment thereby enjoys a growing customer base, further driven by corporate partnerships and loyalty programs.

Evolving Consumer Preferences for Personalized Experiences

Another market driver is the shift in consumer preferences towards personalized and unique experiences. Modern travelers are no longer content with cookie-cutter amenities and services; they are seeking bespoke experiences that cater to their specific needs and tastes. Additionally, luxury hotels are adept at offering such customized experiences, from personalized dining menus to curated local tours. Advanced technology plays a crucial role in this, enabling hotels to collect and analyze data to anticipate guests' needs. Whether it's the availability of a preferred brand of toiletries or organizing exclusive events, these hotels invest significantly in research and staff training to understand their guests better. Moreover, the desire for personalized experiences is particularly strong among millennials and Generation Z travelers, who value authenticity and uniqueness in their travel choices. As these younger generations come into greater spending power, their predilection for tailored experiences is likely to further drive the luxury hotel market.

Technological Innovations and Digital Transformation

Technological advances are significantly impacting the luxury hotel industry, acting as a potent market driver. High-speed internet, smart rooms, and sophisticated mobile apps are becoming basic expectations for guests. Technology allows for more seamless operations, from online bookings and digital check-ins to room automation systems that let guests control the lighting, temperature, and even room service through their smartphones. Furthermore, hotels are employing data analytics to gain insights into consumer behavior, thereby enabling more effective marketing and service optimization. Virtual Reality (VR) and Augmented Reality (AR) are being used for virtual tours and enhanced guest experiences, while Artificial Intelligence (AI) helps in personalized service delivery through chatbots and automated customer service systems. All these technological features attract a tech-savvy clientele and streamline operations, reduce costs, and improve service quality. Hotels that fail to adapt to these technological trends risk becoming obsolete, underlining the role of technological innovation as a market driver.

Luxury Hotel Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the luxury hotel market report, along with forecasts at the global, regional, and country levels for 2023-2028. Our report has categorized the market based on type, room type, and category.

Breakup by Type:

Breakup by Type:

Business Hotels

Airport Hotels

Suite Hotels

Resorts

Others

Business Hotels represent the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the type. This includes business hotels, airport hotels, suite hotels, resorts, and others. According to the report, business hotels accounted for the largest market share.

Business hotels within the luxury segment are experiencing market growth fueled by the rise in corporate travel, often supported by expanding global business activities and partnerships. Companies are increasingly investing in premium accommodations for their executives, valuing the high-quality service, advanced technology, and superior amenities that luxury business hotels offer. These establishments are strategically located near business districts or airports, providing easy accessibility for business travelers. They also offer specialized services, including flexible check-in and check-out timings, multiple dining options catering to global cuisines, and state-of-the-art meeting and conference facilities. Another market driver is the growth of the Meetings, Incentives, Conferencing, Exhibitions (MICE) sector. Luxury business hotels are becoming the preferred venues for high-profile corporate events, thanks to their top-notch facilities and unparalleled service standards. Furthermore, the digital transformation of the travel and hospitality industry plays a significant role. Seamless online booking systems, virtual conferencing capabilities, and personalized services through data analytics attract tech-savvy business travelers. These factors collectively make luxury business hotels an increasingly popular choice, driving market expansion.

Breakup by Room Type:

Luxury

Upper-Upscale

Upscale

A detailed breakup and analysis of the market based on the room type has also been provided in the report. This includes luxury, upper-upscale, and upscale.

The market for upscale room types in the luxury hotel industry is being propelled by the rise in affluence and high net worth individuals who are willing to spend significantly on premium accommodations. These upscale rooms often come with personalized services, such as private butlers, that provide an enhanced guest experience. Along with this, the demand for exceptional amenities, such as private plunge pools, in-room massage services, and gourmet in-room dining options is also a significant factor driving growth. In addition, there's a burgeoning trend of "staycations," where people seek a luxurious getaway without leaving their city. Upscale rooms provide that slice of paradise, complete with high-end furnishings and the latest technological features.

On the contrary, the market for upper-upscale room types in the luxury hotel industry is experiencing significant growth, propelled by a blend of social, economic, and technological factors. One of the key drivers is the increasing affluence among global consumers, particularly from emerging economies, who are increasingly seeking more luxurious accommodations. This segment offers an elevated experience, featuring exclusive amenities such as private balconies with panoramic views, high-tech automation for room controls, and even specialized wellness features, such as salt therapy walls or aromatherapy systems. In confluence with this, the experience is often complemented by premium concierge services, including personalized itinerary planning and priority reservations for in-house dining and spa facilities. Another market driver is the growing trend in experiential travel, where affluent travelers are willing to pay a premium for rooms that offer unique moments or direct access to exclusive events or locations.

Breakup by Category:

Chain

Independent

Chain represents the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the category. This includes chain and independent. According to the report, chain accounted for the largest market share.

The market for chain operated luxury hotels is expanding due to brand recognition and trust. Luxury hotel chains often come with a guarantee of standardized high-quality service and amenities, which appeals to both leisure and business travelers who seek reliability and consistency. Additionally, these chains benefit from strong marketing and customer loyalty programs, encouraging repeat stays and referrals. Economies of scale offer another advantage. Chain luxury hotels can negotiate better deals with suppliers and share resources across properties, thereby lowering costs while maintaining quality, which makes them attractive to both consumers and investors. In addition, the chains also have the financial muscle to invest in cutting-edge technology, providing guests with features, such as mobile check-in, smart room controls, and customized concierge services, further enhancing their market appeal. With properties in multiple locations, chain luxury hotels are well-positioned to cater to global travelers who prefer familiar experiences across different cities or countries. Moreover, partnerships with airlines, credit card companies, and corporate accounts further broaden their customer base.

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance, accounting for the largest luxury hotel market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America exhibited the largest segment.

The luxury hotel industry in North America is seeing robust growth, driven by a confluence of social, economic, and technological factors. One of the major drivers is the strong economy and high levels of disposable income, particularly among millennials and Generation X, who are increasingly opting for luxury travel experiences. Along with this, the rise of experiential travel, where guests seek unique and personalized stays, is another strong market driver in the region. In addition, North America is a hub for business and international conferences, drawing a large number of corporate travelers who prefer luxury accommodations.

Additionally, technological advancements are prompting growth, as North American consumers have come to expect smart rooms, seamless digital booking, and other tech amenities as standard offerings. The market is also influenced by social media trends and influencer marketing, which have a significant impact on consumer choice, particularly among younger travelers. Moreover, the emphasis on sustainability and wellness is resonating with consumers, driving them toward luxury hotels that prioritize eco-friendly practices and wellness amenities.

Competitive Landscape:

The key players are focusing on creating unique and personalized experiences for their guests. This includes tailored services, special amenities, and personalized concierge services. Additionally, luxury hotels are adopting sustainable practices to minimize their environmental impact, including eco-friendly building designs, and energy-saving technologies, and reducing single-use plastics is positively influencing the market. In addition, luxury hotels are investing in technology to improve guest experiences, such as contactless check-ins, in-room automation, and high-speed Wi-Fi, which is acting as another growth-inducing factor. Apart from this, health and wellness have gained importance. Luxury hotels often have world-class spa facilities and offer wellness programs to cater to health-conscious travelers. Thus, this is significantly supporting the market. Moreover, luxury hotels collaborate with luxury brands, artists, and designers to offer unique products and experiences to their guests.

The market research report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Accor

Belmond Ltd. (LVMH Moet Hennessy Louis Vuitton)

Four Seasons Hotels Limited

Hyatt Hotels Corporation

InterContinental Hotels Group plc

ITC Limited

Jumeirah International LLC

Mandarin Oriental Hotel Group Limited

Marriott International Inc

Rosewood Hotels and Resorts L.L.C. (Rosewood Hotel Group)

Shangri-La International Hotel Management Ltd.

The Indian Hotels Company Limited

Recent Developments:

In May 2023, Accor stated that it would launch three new hotels as part of a fresh master planned development project in Riyadh, Kingdom of Saudi Arabia, in collaboration with Erth Real Estate Company.

In February 2023, Four Seasons Hotels Limited announced plans for a brand-new, upscale hotel in the centre of Taiwan's capital. The Four Seasons Hotel Taipei will be situated in the Xinyi District, immediately across from Taipei 101, one of Asia's and the world's most recognizable buildings and one of the highest structures.

In December 2022, Hyatt Hotels Corporation announced a significant pipeline of eagerly awaited openings over the next three years across Europe, Africa, and the Middle East (EAME), as part of its continuous worldwide expansion of its premium brand portfolio. The 13 hotels are expected to join Hyatt's prestigious brands, which include Park Hyatt, Andaz, Grand Hyatt, Thompson Hotels, Miraval Resorts & Spas, and The Unbound Collection by Hyatt. The 13 hotels will make their debuts in some of the most popular travel locales in the world, including the United Kingdom, Spain, South Africa, Austria, Finland, and more.

Key Questions Answered in This Report

  • 1. What was the size of the global luxury hotel market in 2022?
  • 2. What is the expected growth rate of the global luxury hotel market during 2023-2028?
  • 3. What are the key factors driving the global luxury hotel market?
  • 4. What has been the impact of COVID-19 on the global luxury hotel market?
  • 5. What is the breakup of the global luxury hotel market based on the type?
  • 6. What is the breakup of the global luxury hotel market based on the category?
  • 7. What are the key regions in the global luxury hotel market?
  • 8. Who are the key players/companies in the global luxury hotel market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Luxury Hotel Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Business Hotels
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Airport Hotels
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Suite Hotels
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Resorts
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Others
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Breakup by Room Type

  • 7.1 Luxury
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Upper-Upscale
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Upscale
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Category

  • 8.1 Chain
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Independent
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Accor
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Belmond Ltd. (LVMH Moet Hennessy Louis Vuitton)
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Four Seasons Hotels Limited
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Hyatt Hotels Corporation
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 InterContinental Hotels Group plc
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 ITC Limited
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Jumeirah International LLC
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Mandarin Oriental Hotel Group Limited
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Marriott International Inc
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 Rosewood Hotels and Resorts L.L.C. (Rosewood Hotel Group)
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 Shangri-La International Hotel Management Ltd.
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 The Indian Hotels Company Limited
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Luxury Hotel Market: Major Drivers and Challenges
  • Figure 2: Global: Luxury Hotel Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Luxury Hotel Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Luxury Hotel Market: Breakup by Type (in %), 2022
  • Figure 5: Global: Luxury Hotel Market: Breakup by Room Type (in %), 2022
  • Figure 6: Global: Luxury Hotel Market: Breakup by Category (in %), 2022
  • Figure 7: Global: Luxury Hotel Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Luxury Hotel (Business Hotels) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 9: Global: Luxury Hotel (Business Hotels) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 10: Global: Luxury Hotel (Airport Hotels) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Luxury Hotel (Airport Hotels) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Luxury Hotel (Suite Hotels) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Luxury Hotel (Suite Hotels) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Luxury Hotel (Resorts) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Luxury Hotel (Resorts) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Luxury Hotel (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Luxury Hotel (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Luxury Hotel (Luxury) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Luxury Hotel (Luxury) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Luxury Hotel (Upper-Upscale) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Luxury Hotel (Upper-Upscale) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Luxury Hotel (Upscale) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Luxury Hotel (Upscale) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Luxury Hotel (Chain) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Luxury Hotel (Chain) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Luxury Hotel (Independent) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Luxury Hotel (Independent) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: North America: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: North America: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: United States: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: United States: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Canada: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Canada: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: Asia-Pacific: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: Asia-Pacific: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: China: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: China: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: Japan: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: Japan: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: India: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: India: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: South Korea: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: South Korea: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: Australia: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: Australia: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: Indonesia: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: Indonesia: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: Others: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: Others: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Europe: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Europe: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: Germany: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: Germany: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: France: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: France: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: United Kingdom: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: United Kingdom: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: Italy: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: Italy: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: Spain: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: Spain: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Russia: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Russia: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Others: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Others: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: Latin America: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: Latin America: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: Brazil: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: Brazil: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Mexico: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Mexico: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Others: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Others: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 74: Middle East and Africa: Luxury Hotel Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 75: Middle East and Africa: Luxury Hotel Market: Breakup by Country (in %), 2022
  • Figure 76: Middle East and Africa: Luxury Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Global: Luxury Hotel Industry: SWOT Analysis
  • Figure 78: Global: Luxury Hotel Industry: Value Chain Analysis
  • Figure 79: Global: Luxury Hotel Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Luxury Hotel Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Luxury Hotel Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 3: Global: Luxury Hotel Market Forecast: Breakup by Room Type (in Million US$), 2023-2028
  • Table 4: Global: Luxury Hotel Market Forecast: Breakup by Category (in Million US$), 2023-2028
  • Table 5: Global: Luxury Hotel Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: Global: Luxury Hotel Market: Competitive Structure
  • Table 7: Global: Luxury Hotel Market: Key Players