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 research report studies the Luxury Hotels market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the 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.

Global Luxury Hotels Scope and Segment
The global 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 region (country), by Type, and by Application 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
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE

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