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Market Report on Global Luxury Hotels - 2019

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For more information kindly visit : Bharat Book Bureau provides the report, on “ Market Report on Global Luxury Hotels – 2019 ”. 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. – PowerPoint PPT presentation

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Title: Market Report on Global Luxury Hotels - 2019


1
Market Report on Global Luxury Hotels 2019
2
Summary
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.
3
Key Findings The US is the leader in the
luxury hotels market in terms of both revenues
(US46.6 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 US354 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 (20102014).
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.
4
Shanghai is a leading MICE destination in
China, backed by infrastructure and the presence
of historical and cultural attractions. At
present, luxury hotels in the city generate 13
of their revenues from MICE events. With Chinese
economic growth slowing, there has been a
decrease in demand from financial institutions.
However, this negative impact is leveled by the
rise in demand from automotive, pharma, and
luxury retail brands. Key international markets
for MICE include the USA, South Korea, Japan,
Germany, France, and the UK 2015 was a bad
year for Paris, one of the key markets for luxury
hotels globally. The terrorist attacks in January
and November scared foreign tourists. The latest
attack in particular is expected to show
substantial negative impact as December is a
prime season for holiday for many people globally
5
Synopsis 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 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, average total revenue per available room
6
Reasons To Buy Make strategic business
decisions using historic and forecast market data
related to global luxury hotels industry
Understand the demand-side dynamics within the
industry to identify key market trends and growth
opportunities
7
Table of Contents
1 Global Luxury Hotel Market - Key Trends and
Issues 2 Global Luxury Hotels - Deals 3 Global
Luxury Hotels KPIs - the Americas 4 Global Luxury
Hotels KPIs Asia-Pacific 5 Global Luxury Hotels
KPIs Europe 6 Global Luxury Hotels KPIs - the
Middle East and Africa 7 Global LuxuryHotels
Profiles 8 Appendix
8
To view the full Executive Summary and Table
of Contents, please visit Market Report on
Global Luxury Hotels 2019 Contact Us- Phone
91-22-27810772/73 Email id
info_at_bharatbook.com Website www.bharatbook.com O
ur Blog https//www.bharatbook.com/blog/
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