Luxury Hotels market is one of the fastest growing sectors in the consumer retail segment. The growth in the travel and tourism industry is majorly fuelling the growth of luxury hotel markets. Increasing number of high net worth individuals (HNWIs) globally, primarily in the BRIC countries, the economic growth, the rising disposable income of upper middle class, the increasing dominance of corporate sector on national and international economies and the emerging corporate culture are some of the factors driving the global luxury travel market, which in turn, is driving the growth in the Luxury Hotels market. Economic slowdown and natural disasters, such as earthquake and floods are some of the factors leading to an overall decline in the performance of Luxury Hotel market.
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The market is expected to be driven by emerging countries such as India, China and Dubai. Some of the major luxury hotel chains are Hilton, Sheraton, Starwoods Hotels & Resorts, Four Seasons and Hyatt Hotels Corporation.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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