Global Luxury Hotels Market to 2022: Market data and insights on the global luxury hotels industry
|出版日期||內容資訊||英文 50 Pages
|高級飯店的全球市場:市場資料與考察 Global Luxury Hotels Market to 2022: Market data and insights on the global luxury hotels industry|
|出版日期: 2018年12月19日||內容資訊: 英文 50 Pages||
An increase in the number of business travelers and customers' penchant for luxurious lifestyles fueled the demand for luxury stays in luxury hotels in 2017. Furthermore, the increased demand for luxury services such as spas, wellness centers, and other such services boosted luxury hotels' revenue.
Globally, China is the largest market for luxury hotels in terms of revenue in 2017. It has registered a significant increase in total revenue of luxury hotels, growing by 7.9% in 2017. This growth is mainly due to the growing number of affluent Chinese consumers and their demand for personalized and unique staying experiences. USA is the second-highest revenue generating country after China.
European nations such as Italy, the UK, and Spain are witnessing a slower growth in the overall revenue of luxury hotels than of budget hotels. However, luxury brand hotels continue to develop new concepts and services3 to attract new business and leisure travelers to the region. This creates an opportunity for luxury hotels to curate their packages and better serve their customers.
Increasing numbers of business and MICE (Meeting, Incentives, Conventions, and Events) travelers and the growing impact of the travel and tourism sector on economies across the globe are expected to play a pivotal role in the growth of the luxury hotels market in the coming years.
"Global Luxury Hotels Market to 2022", report provides in-depth analysis of the key market trends that are shaping the future of this segment and analysis of the luxury hotel market globally. Detailed market insight is provided on regions like The Americas, Asia-Pacific, Middle East & Africa, and Europe. Also, company profiles for luxury hotels are provided and how companies can tap into this to better meet their customers' needs.