Luxury Hotel Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$bn)

$ 71

overview_2
2024 Year-over-Year Growth

5.08%

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CAGR (2024-2028)

5.48%

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Report Coverage

Global

Luxury Hotel Market Segmentation

Market Segmentation & Scope
Type
Upscale Upper-upscale Luxury
Ownership
Chain Independent

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

32%

of the growth will originate

from North America

Global Market Size 2018 - 2028 (US$ Bn)

Market is segmented by Type into Upscale, Upper-upscale, Luxury

The Upscale is expected to be largest growing segment during 2024-2028

Largest Segment - Upscale

US$ 629.80 Bn

Luxury Hotel Market by Type into Upscale; 2018-2028 (US$ Bn)

Upscale Market Revenue and Forecast 2018-2028 (US$ Bn)

Upscale

  • Upscale Market Size and Forecast 2018 to 2028 (US$ Bn)

Luxury Hotel Market by Type into Upper-upscale; 2018-2028 (US$ Bn)

Upper-upscale Market Revenue and Forecast 2018-2028 (US$ Bn)

Upper-upscale

  • Upper-upscale Market Size and Forecast 2018 to 2028 (US$ Bn)

Luxury Hotel Market by Type into Luxury; 2018-2028 (US$ Bn)

Luxury Market Revenue and Forecast 2018-2028 (US$ Bn)

Luxury

  • Luxury Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Ownership into Chain, Independent

The Chain is expected to be largest growing segment during 2024-2028

Largest Segment - Chain

US$ 700.90 Bn

Luxury Hotel Market Size by Segmentation, by Ownership (US$ Bn)

Ownership 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Chain 179.70 XX XX XX XX XX XX XX XX XX XX XX
Independent XX 165.40 XX XX XX XX XX XX XX XX XX XX

Luxury Hotel Market by Ownership into Chain; 2018-2028 (US$ Bn)

Chain Market Revenue and Forecast 2018-2028 (US$ Bn)

Chain

  • Chain Market Size and Forecast 2018 to 2028 (US$ Bn)

Luxury Hotel Market by Ownership into Independent; 2018-2028 (US$ Bn)

Independent Market Revenue and Forecast 2018-2028 (US$ Bn)

Independent

  • Independent Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Geography into North America, Europe, APAC, Middle East and Africa, South America

The North America is estimated to contribute 32% to the growth of global market during the forecast period 2024-2028.

Largest Segment - North America

32%

Regional share of different regions, including North America, Europe, APAC, Middle East and Africa

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
North America 120.60 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 97.20 XX XX XX XX XX XX XX XX XX XX
APAC XX XX 51.70 XX XX XX XX XX XX XX XX XX
Middle East and Africa XX XX XX 11.50 13.10 XX XX XX XX XX XX XX
South America XX XX XX XX XX XX XX XX XX XX XX XX

Luxury Hotel Market Size by Geography into North America; 2018-2028 (US$ Bn)

North America Market Revenue and Forecast 2018-2028 (US$ Bn)

Luxury Hotel Market Size by Country into US; 2018-2028 (US$ Bn)

US Market Revenue and Forecast 2018-2028 (US$ Bn)

Luxury Hotel Market Size by Geography into Europe; 2018-2028 (US$ Bn)

Europe Market Revenue and Forecast 2018-2028 (US$ Bn)

Luxury Hotel Market Size by Country into Germany; 2018-2028 (US$ Bn)

Germany Market Revenue and Forecast 2018-2028 (US$ Bn)

Luxury Hotel Market Size by Country into UK; 2018-2028 (US$ Bn)

UK Market Revenue and Forecast 2018-2028 (US$ Bn)

Luxury Hotel Market Size by Geography into APAC; 2018-2028 (US$ Bn)

APAC Market Revenue and Forecast 2018-2028 (US$ Bn)

Luxury Hotel Market Size by Country into China; 2018-2028 (US$ Bn)

China Market Revenue and Forecast 2018-2028 (US$ Bn)

Luxury Hotel Market Size by Country into India; 2018-2028 (US$ Bn)

India Market Revenue and Forecast 2018-2028 (US$ Bn)

Luxury Hotel Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Bn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Bn)

Luxury Hotel Market Size by Geography into South America; 2018-2028 (US$ Bn)

South America Market Revenue and Forecast 2018-2028 (US$ Bn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
Accor S.A.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Aman Group S.a.r.l.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Best Western International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Choice Hotels International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Four Seasons Hotels Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hyatt Hotels Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
InterContinental Hotels Group PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ITC Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Jumeirah International LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kempinski Hotels SAView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kerzner International Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
LVMH Group.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Marriott International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Rosewood Hotel GroupView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Shangri La Asia Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Soneva Mauritius Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
The Indian Hotel Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Wyndham Destinations Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Luxury Hotel Market Scope

  1. By Type
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Type, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Type, 2024 to 2028
      1. Upscale
      2. Upper-upscale
      3. Luxury
    4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Type, 2024 to 2028
  2. By Ownership
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Ownership, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Ownership, 2024 to 2028
      1. Chain
      2. Independent
    4. Y-o-Y Growth Trend Analysis By Ownership, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Ownership, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Region, 2024 to 2028
      1. North America
      2. Europe
      3. APAC
      4. Middle East and Africa
      5. South America
  4. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By Type
    5. By Ownership
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
      2. UK
    4. By Type
    5. By Ownership
  6. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
      2. India
    4. By Type
    5. By Ownership
  7. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Ownership
  8. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Ownership

Major Companies

Market companies

Name Profile Employees Headquarters Website
Accor S.A.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Aman Group S.a.r.l.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Best Western International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Choice Hotels International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Four Seasons Hotels Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hyatt Hotels Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
InterContinental Hotels Group PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ITC Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Jumeirah International LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kempinski Hotels SAView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kerzner International Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
LVMH Group.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Marriott International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Rosewood Hotel GroupView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Shangri La Asia Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Soneva Mauritius Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
The Indian Hotel Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Wyndham Destinations Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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