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The Global Luxury Hotels Market to 2018

The global luxury hotels market's performance has recovered from the slowdown recorded at the beginning of the historic period (2009-2013) due to the financial crisis and recession. Overall, growth was recorded in the four markets - Americas, Asia-Pacific, Europe, Middle East and Africa - across all key performance indicators (KPIs) during the historic period. Growth is expected to continue over the forecast period (2014-2018) supported by the rise in tourism flows and expenditure. Read more details at: http://www.bigmarketresearch.com/the-global-luxury-hotels-to-2018-market

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The Global Luxury Hotels Market to 2018

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  1. The Global Luxury Hotels Market to 2018

  2. Summary The global luxury hotels market's performance has recovered from the slowdown recorded at the beginning of the historic period (2009-2013) due to the financial crisis and recession. Overall, growth was recorded in the four markets - Americas, Asia-Pacific, Europe, Middle East and Africa - across all key performance indicators (KPIs) during the historic period. Growth is expected to continue over the forecast period (2014-2018) supported by the rise in tourism flows and expenditure.  Access The Full Report On: http://www.bigmarketresearch.com/the-global-luxury-hotels-to-2018-market

  3. Key Findings • According to the Travel and Tourism Intelligence Center's (Travel and Tourism IC) analysis based on 40 countries around the world, the US was the leader in the luxury hotel market in terms of both revenue and number of establishments. The US recorded revenue of US$43.9 billion in 2013, which is more than double its closest competitor, China, which recorded US$20.6 billion in revenue in 2013. • Growth in the Travel and Tourism sector in Asia-Pacific has proved beneficial for the luxury hotel market. Rising middle class population and economic growth have supported the increase in tourist volume and expenditure, consequently leading to rising demand for accommodation. International hoteliers such as InterContinental Hotels, Starwood, Hilton, Marriott, and Accor cater to the luxury segment in the region. Domestic hotel operators mostly focus on the budget and mid-scale segment. • A total of 13 luxury hotel deals we completed in the UAE during the period between 2010 and 2014 (September) while five were recorded in South Africa during the same period.

  4. Key Findings • Russia and Turkey were the two largest luxury hotel markets in Europe in terms of total revenue in 2013. The UK, Italy, and France are also among the leading destinations. During the historic period, the French luxury hotel market was the fastest-growing in terms of revenue while Turkey recorded the fastest growth in terms of number of guests. France also recorded the highest growth in number of luxury hotels during the historic period. The UK led in terms of occupancy rate. • Variations in performance were recorded in the luxury hotel market in countries in the Middle East and Africa. The Arab Spring revolution led to political instability, unrest, and violence in many countries, particularly Egypt. The Travel and Tourism sector in these countries suffered with significant decline recorded in international arrivals, consequently having a negative impact on demand for accommodation. On the other hand, the popularity of countries such as the UAE as leading tourist destinations in the Middle East increased. • To Get More Details Enquire @ http://www.bigmarketresearch.com/report-enquiry/178060

  5. Synopsis The report provides detailed market analysis, information, and insights, including:Historic and forecast revenue of global luxury hotels market covering 40 countriesDetailed 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, average total revenue per available room, total room revenues, total non-room revenues, total revenues, and number of guests for the historic and forecast periodsBrief analysis of global luxury hotels market and the present scenarioDetailed analysis of the market trends in key luxury hotels' markets.

  6. Table Of Content 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 Luxury Hotels Profiles 8 Appendix

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