{"id":76854,"date":"2020-10-07T10:00:00","date_gmt":"2020-10-07T10:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2739780"},"modified":"2020-10-07T10:00:00","modified_gmt":"2020-10-07T10:00:00","slug":"global-luxury-hotel-market-set-for-rapid-growth-to-reach-approx-us194-63-billion-by-2021","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/10\/07\/global-luxury-hotel-market-set-for-rapid-growth-to-reach-approx-us194-63-billion-by-2021\/","title":{"rendered":"Global Luxury Hotel Market Set For Rapid Growth To Reach Approx US$194.63 Billion By 2021"},"content":{"rendered":"<p>Some of the major companies in the<a href=\"http:\/\/www.zionmarketresearch.com\/report\/luxury-hotels-market\" target=\"_blank\" rel=\"noopener noreferrer\">global luxury hotels market<\/a>are Four Seasons Holdings Inc., InterContinental Hotels Group PLC, ITC Hotels Limited, Shangri-La International Hotel Management Ltd., Starwood Hotels &amp; Resorts, The Indian Hotels Company Limited, Mandarin Oriental International Limited, Kerzner International Resorts, Inc., Marriott International, Inc., and Jumeirah International LLC. These players are set to bolster the luxury hotels market in the years to come.<\/p>\n<p>According to the analysts at Zion Market Research, the global luxury hotels market was capitalized at almost USD 153.82 Billion in 2015 and is likely t<\/p>\n<p><strong>Get Free Sample Of Report &#8211;<\/strong> <a href=\"https:\/\/www.zionmarketresearch.com\/sample\/luxury-hotels-market\">https:\/\/www.zionmarketresearch.com\/sample\/luxury-hotels-market<\/a><\/p>\n<p><strong>Huge Attendance Of Luxury Hotels In Us To Boost The Luxury Hotels Market In North America<\/strong><\/p>\n<p>Area-wise, luxury hotels market is divided into Europe, North America, Latin America, Asia-Pacific, and the Middle East and Africa. These areas further divided into United Kingdom, Unites States, France, Germany, Japan, China, Brazil, and India. North America was the dominating player for luxury hotels market all over the world. North America will stay the dominating player in the luxury hotels market during the forecast period due to the huge attendance of luxury hotels in the U.S.<\/p>\n<p>The global luxury hotels market is divided bases on geography and types. On the basis of type, luxury hotels market is divided into 5 types such as suite hotel, business hotel, resorts, airport hotel, and others. Business hotels grab the biggest share of luxury hotels market. From 2015 to 2021, this division is likely to grow with a CAGR of 3.8%. In the years to come, this division is likely to support the escalating bunch of conference groups and business travelers that are supported by a corporate budget to spend in foreign nations on living. In the meantime, the airport hotels division will grow at a steady pace of 3.7% CAGR in the years to come.<\/p>\n<p><strong>The global luxury hotels market is segmented as follows:<\/strong><\/p>\n<p><strong>By Type<\/strong><\/p>\n<ul>\n<li>Business Hotels<\/li>\n<li>Suite Hotels<\/li>\n<li>Airport Hotels<\/li>\n<li>Resorts<\/li>\n<li>Others<\/li>\n<\/ul>\n<p><strong>By Region<\/strong><\/p>\n<ul>\n<li>North America\n<ul>\n<li>The U.S.<\/li>\n<\/ul>\n<\/li>\n<li>Europe\n<ul>\n<li>UK<\/li>\n<li>France<\/li>\n<li>Germany<\/li>\n<\/ul>\n<\/li>\n<li>Asia Pacific\n<ul>\n<li>China<\/li>\n<li>Japan<\/li>\n<li>India<\/li>\n<\/ul>\n<\/li>\n<li>Latin America\n<ul>\n<li>Brazil<\/li>\n<\/ul>\n<\/li>\n<li>The Middle East and Africa<\/li>\n<\/ul>\n<p><strong>To view TOC of this report &#8211;<\/strong><a href=\"https:\/\/www.zionmarketresearch.com\/toc\/luxury-hotels-market\">https:\/\/www.zionmarketresearch.com\/toc\/luxury-hotels-market<\/a><\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/global-luxury-hotel-market\/\" rel=\"tag\">Global Luxury Hotel Market<\/a><\/p>\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.zionmarketresearch.com\/report\/luxury-hotels-market\" target=\"_blank\">https:\/\/www.zionmarketresearch.com\/report\/luxury-hotels-market<\/a><br \/><b>Contact Information:<\/b><br \/>Zion Market Research<br \/>\n244 Fifth Avenue, Suite N202<br \/>\nNew York, 10001, United States<br \/>\nTel: +49-322 210 92714<br \/>\nUSA\/Canada Toll-Free No.1-855-465-4651<br \/>\nEmail: sales@zionmarketresearch.com<br \/>\nWebsite: https:\/\/www.zionmarketresearch.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/ips\/\" rel=\"category tag\">IPS<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/reportedtimes\/\" rel=\"category tag\">Reportedtimes<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/icn_internal_distribution\/\" rel=\"category tag\">iCN Internal Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/research-newswire\/\" rel=\"category tag\">Research Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Zion Market Research<br \/>\n244 Fifth Avenue, Suite N202<br \/>\nNew York, 10001, United States<br \/>\nTel: +49-322 210 92714<br \/>\nUSA\/Canada Toll-Free No.1-855-465-4651<br \/>\nEmail: sales@zionmarketresearch.com<br \/>\nWebsite: https:\/\/www.zionmarketresearch.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Some of the major companies in the&nbsp;global luxury hotels market&nbsp;are Four Seasons Holdings Inc., InterContinental Hotels Group PLC, ITC Hotels Limited, Shangri-La International Hotel Management Ltd., Starwood Hotels &amp; Resorts, The Indian Hotels Company Limited, Mandarin Oriental International Limited, Kerzner International Resorts, Inc., Marriott International, Inc., and Jumeirah International LLC. These players are set to &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/10\/07\/global-luxury-hotel-market-set-for-rapid-growth-to-reach-approx-us194-63-billion-by-2021\/\">Continue reading <span>Global Luxury Hotel Market Set For Rapid Growth To Reach Approx US$194.63 Billion By 2021<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/10\/07\/global-luxury-hotel-market-set-for-rapid-growth-to-reach-approx-us194-63-billion-by-2021\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":222,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,67,57,64,4],"tags":[],"class_list":["post-76854","post","type-post","status-publish","format-standard","hentry","category-english","category-icn-internal-distribution","category-ips","category-reportedtimes","category-research-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global Luxury Hotel Market Set For Rapid Growth To Reach Approx US$194.63 Billion By 2021 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/10\/07\/global-luxury-hotel-market-set-for-rapid-growth-to-reach-approx-us194-63-billion-by-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Luxury Hotel Market Set For Rapid Growth To Reach Approx US$194.63 Billion By 2021 - Business\" \/>\n<meta property=\"og:description\" content=\"Some of the major companies in the&nbsp;global luxury hotels market&nbsp;are Four Seasons Holdings Inc., InterContinental Hotels Group PLC, ITC Hotels Limited, Shangri-La International Hotel Management Ltd., Starwood Hotels &amp; Resorts, The Indian Hotels Company Limited, Mandarin Oriental International Limited, Kerzner International Resorts, Inc., Marriott International, Inc., and Jumeirah International LLC. 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