Global Luxury Hotels Market Report 2021-2025: Snapshot, Key Trends and Insights, and Future Outlook Featuring Intercontinental, Shangri-La Asia, Marriott, Four Seasons, Banyan Tree, Hyatt – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Luxury Hotels Market to 2025 – Market Snapshot, Key Trends and Insights, Company Profiles and Future Outlook” report has been added to ResearchAndMarkets.com’s offering.
This Luxury Hotels Market report provides in-depth analysis of the key market trends that are shaping the future of this segment and an analysis of the luxury accommodation market globally. It also features profiles of some of the market’s leading players and looks at how companies can better meet their customers’ needs.
Key Highlights
- In 2020, COVID-19 had a huge impact on the luxury hotel market, so much so that the decline in the number of rooms, occupancy, and RevPAR was historic. Luxury hotels, having a major chunk of their revenue from foreign tourists, suffered severe losses during the pandemic. Hotels have had to bear the fixed costs and minimize variable costs to a large extent to navigate through the pandemic.
- With safety and hygiene being the need of the hour, luxury hotel chains are encouraging technology-based services such as contactless technologies and are planning on utilizing augmented and virtual realities. The traditional customer-facing services are now, at least to some extent, giving way to contactless payments, mobile check-in, voice control, biometrics, etc.
Scope
- This report provides in-depth analysis of the key market trends that are shaping the future of this segment and an analysis of the luxury accommodation market globally. Detailed market insight is provided on the Americas, Asia-Pacific, Middle East & Africa, and Europe. It also features profiles of some of the market’s leading players and looks at how companies can better meet their customers’ needs.
Reasons to Buy
- Understand the impact of COVID-19 on this market
- Gauge which are the biggest and most promising regional markets for the luxury accommodation market
- Understand the demand-side dynamics within the industry to identify key trends and growth opportunities
- Gain an understanding of the outlook for regional markets and learn from existing successes and our recommendations.
Key Topics Covered:
Snapshot
- Key Trends
- Deals
- Key Insights
- Outlook
Company Profiles
- Intercontinental Hotels Group
- Shangri-La Asia
- Marriott International
- Four Seasons Hotels and Resorts
- Banyan Tree Holdings Limited
- Hyatt Hotels Corporation
Appendix
For more information about this report visit https://www.researchandmarkets.com/r/cfoglp
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