Global Luxury Hotels Market Growth (Status and Outlook) 2025-2031

Global Luxury Hotels Market Growth (Status and Outlook) 2025-2031

The global Luxury Hotels market size is predicted to grow from US$ 217380 million in 2025 to US$ 277440 million in 2031; it is expected to grow at a CAGR of 4.1% from 2025 to 2031.

The luxury hotel industry is one of the major customer service industries globally. Growing travel and tourism industry is one of the key reasons behind the growth of luxury hotels industry. In order to meet the increasing demand for unique customer services, luxury hotels are constantly striving to improve their services by focusing on changing consumer preferences.

Global Luxury Hotels key players include Marriott International, Inc, Hilton, Hyatt Hotels, Four Seasons Holdings Inc., etc. Global top four manufacturers hold a share about 25%.

United States is the largest market, with a share about 30%, followed by China, and Europe, both have a share over 35 percent.

In terms of product, Suite Hotels is the largest segment, with a share nearly 40%. And in terms of application, the largest application is F&B, followed by Room, SPA, etc.

LPI (LP Information)' newest research report, the “Luxury Hotels Industry Forecast” looks at past sales and reviews total world Luxury Hotels sales in 2024, providing a comprehensive analysis by region and market sector of projected Luxury Hotels sales for 2025 through 2031. With Luxury Hotels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Luxury Hotels industry.

This Insight Report provides a comprehensive analysis of the global Luxury Hotels landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Luxury Hotels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Luxury Hotels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Luxury Hotels and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Luxury Hotels.

This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Hotels market by product type, application, key players and key regions and countries.

Segmentation by Type:
Business Hotel
Suite Hotel
Airport Hotel
Resorts Hotel

Segmentation by Application:
Room
F&B
SPA
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Marriott International, Inc
Hilton
Starwood Hotels & Resorts
Hyatt Hotels
Four Seasons Holdings Inc.
Shangri-La International
InterContinental Hotels Group
Mandarin Oriental International
The Indian Hotels Company
Jumeirah International LLC
Kerzner International Resorts
ITC Hotels Limited

Please note: The report will take approximately 2 business days to prepare and deliver.