Global Luxury Hotels Market,Growth and Price Analysis and Forecast 2016

Global Luxury Hotels Market Share, Size, Trends, Market
Insights, Analysis, Growth, Outlook and Forecasts to 2019
The global luxury hotels market registered strong growth in 2014, thanks to the expanding travel and
tourism sector, rise in ultra-high-net-worth individuals (grew by more than 5,000 in 2014) and the
growing preference of travelers for luxury. In 2014, the Americas retained the top position as the largest
market for luxury hotels closely trailed by Asia-Pacific. About 5,200 new high-end hotels are expected to
open in 2015.
Key Findings
The US is the leader in the luxury hotels market in terms of both revenues (US$46.6 billion in 2014
equivalent to 27% share) and number of rooms available (303,320). Japan topped the list in terms of
occupancy rate (90.9% in 2014) while Hong Kong recorded the highest average (room) revenue per
available room (RevPAR) with a value of US$354 in 2014. Mexico recorded the highest number of guests
in 2014 (29.2 million) while the UK recorded the fastest growth during the historic period (2010-2014).
France was the fastest growing market in terms of rooms available and revenues. Belgium was the
fastest growing market during the historic period in terms of RevPAR
Luxury hotels in New York are going a step ahead to please guests. Several hotels are partnering with
leading retailers in the city to provide insider shopping experiences for their guests. For instance, The
Mark hotel collaborated with Bergdorf Goodman. Other examples include The Quin in Midtown,
WestHouse in Midtown, and The St. Regis Washington, D.C
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Synopsis
Canadean's report - The Global Luxury Hotels Market To 2019 - provides detailed information on global
luxury hotels industry, analyzing market data and providing insights.
What else does this report offer?
Historic and forecast revenue of global luxury hotels market covering 40 countries
Detailed analysis, region-wise (Americas, Asia-Pacific, Europe, Middle East and Africa),of luxury hotels'
key performance indicators such as the number of hotel establishments, number of rooms, occupancy
rate, room nights available, room nights occupied, average room revenue per available room, average
room revenue per occupied room.
Table Of Content
1 Global Luxury Hotel Market - Key Trends and Issues
2 Global Luxury Hotels – Deals
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3 Global Luxury Hotels KPIs - the Americas
3.1 The Americas - number of luxury hotel establishments (2010-2019)
3.2 The Americas - number of rooms in luxury hotels (2010-2019)
3.3 The Americas - room occupancy rate in luxury hotels (2010-2019)
3.4 The Americas - number of rooms nights available in luxury hotels (2010-2019)
3.5 The Americas - number of rooms nights occupied in luxury hotels (2010-2019)
3.6 The Americas - average room revenue per available room in luxury hotels (2010-2019)
3.7 The Americas - average room revenue per occupied room in luxury hotels (2010-2019)
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The global luxury hotels market registered strong growth in 2014, thanks to the expanding travel and tourism sector, rise in ultra-high-net-worth individuals (grew by more than 5,000 in 2014) and the growing preference of travelers for luxury. In 2014, the Americas retained the top position as the largest market for luxury hotels closely trailed by Asia-Pacific.