Title: The Global Luxury Hotels Market - Key Trends and Opportunities to 2017
1The Global Luxury Hotels Market - Key Trends and
Opportunities to 2017
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2 Summary
The global luxury travel market recorded strong
growth in 20112012, after a significant decline
in 2009 and modest recovery in 2010. One of the
key drivers of this growth was the increasing
number of high net worth individuals (HNWIs)
globally, primarily in the BRIC countries. This
growth in global luxury travel is expected to
continue over the forecast period to
2017. Scope This report provides an extensive
analysis related to the global luxury hotels
market Market size for the 40 major countries
comprising the global luxury hotel market for
20082012, along with forecast figures for
20132017. Luxury hotel key performance
indicators in these countries with values for
both the 20082012 review period and the
20132017 forecast period
3Synopsis
The report provides detailed market analysis,
information and insights, including Historic
and forecast revenue for the global luxury hotels
market covering 40 countries Detailed region
wise (Americas, Asia-Pacific, Europe, Middle East
Africa) analysis of luxury hotel key
performance indicators such as the number of
luxury hotel establishments, number of available
luxury rooms, luxury room occupancy rate, average
revenue per available luxury room and average
total revenue per available luxury room for the
review (2008-2012) and forecast (2013-17)
periods Analysis of the global luxury travel
market and the present scenario in the luxury
hotel construction industry Detailed analysis
of the market trends in emerging luxury hotel
markets such as in the BRIC countries (Brazil,
Russia, India and China)
4Reasons To Buy Take strategic business
decisions using historic and forecast market data
related to the global luxury hotel market
Understand the key market trends and growth
opportunities in the global luxury hotel market
Gain strategic insights on the leading global
luxury hotel companiesKey Highlights The
global luxury travel market recorded strong
growth in 20112012, after a significant decline
in 2009 and modest recovery in 2010. One of the
key drivers of this growth was the increasing
number of high net worth individuals (HNWIs)
globally, primarily in the BRIC countries
(Brazil, Russia India and China). This growth in
global luxury travel is expected to continue over
the forecast period to 2017.
5 Luxury hotel companies around the world are
expected to focus on achieving operational
efficiency, reducing spending on customer
services that offer little value, developing the
use of mobile technology, and targeting
high-value customers. Luxury hotel companies are
increasingly using mobile technology to enhance
value and transforming how they interact with
customers. In 2012, leading luxury hotel brands
had mobile websites and offered mobile
applications. Most leading global luxury hotel
chains are based in the US, and the country is
also the largest source market in the global
luxury hospitality sector. Cities in the US are
among the leading, and fastest-growing tourism
destinations. For instance, Washington DC is one
of the fastest-growing global tourism
destinations, while New York is among the largest
in terms of inbound tourist volumes. Other cities
that continue to report good growth in the travel
and accommodation industries include Chicago, San
Francisco and Los Angeles.
6 Table of Contents
- Executive Summary
- Global Luxury Travel Market Key Trends and
Issues - Global Luxury Hotel Profiles
- Global Luxury Hotel Markets BRIC Countries
- Appendix
- List of Tables
- List of Figures
7Related Reports
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Databook - Hotels in Austria to 2017 Market Databook
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- The Future of Hotels in Philippines to 2017
Market Profile
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