Global Boutique Hotels Market Size study, By Type (Business Hotel, Suite Hotels, Airport Hotels, Resorts Hotels) By Application (Travelers, Educational Trips, Friends & Family Trip), and Regional Forecasts 2022-2028, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Boutique Hotels market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Boutique Hotels market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation
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Global Boutique Hotels Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Boutique Hotels can be defined as a smaller, upscale, luxury hotel. In comparison with traditional hotels boutique hotels offer a distinct personality, intimate experience, and highly personalized service. Boutique hotels are located posh & upscale neighborhoods of cities and generally do not offer more than 100 rooms. The growing Hotel industry in Post covid era and increasing occupancy rate in luxury hotels as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – as of 2022, revenue in worldwide hotel segment is estimated at USD 300 billion, and the revenue is projected to grow to USD 485 billion by end of 2026. Furthermore, leading market players in hospitality sector are working towards expansion in boutique hotel sector to leverage the increasing demand for Boutique Hotels Market. For instance, in October 2021, ITC Hotel launched its new destination-led luxury brand called Mementos. Under this new brand Mementos, the hospitality group would open boutique luxury hotels across various destinations. Moreover, in April 2022, Espire hospitality Group launched a new luxury boutique resort brand named ZANA in India. Under ZANA brand the first property would be a 30 rooms lakeside resort in Udaipur. Also, growing emergence of leased franchised hotel chains as well as rapid urbanization in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a lack of penetration in developing regions impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Boutique Hotels Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing trend of low budget luxury hotels and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the rapid urbanization and increasing penetration franchised hotel chains, would create lucrative growth prospects for the global Boutique Hotels Market across the Asia Pacific region.
Major market players included in this report are:
- ITC Hotels Limited
- The Indian Hotels Company Limited
- Jumeirah International LLC
- Mandarin Oriental International Limited
- Four Seasons Holdings Inc.
- Shangri-La International Hotel Management Ltd.
- Triple Creek Inn
- Starwood Hotels & Resorts
- Hilton
- Marriott International
- InterContinental Hotels Group PLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
- Business Hotel
- Suite Hotels
- Airport Hotels
- Resorts Hotels
By Application
- Travelers
- Educational Trips
- Friends & Family Trip
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key Points Covered in Boutique Hotels Market Report:
The major point covered in the Table of Contents:
Executive Summary: Provides a concise overview of the report, highlighting the key findings and recommendations.
Introduction: Sets the context for the report, including the scope, objectives, and methodology.
Market Overview: Offers a comprehensive overview of the market, including definitions, market segmentation, and key market trends.
Market Dynamics: Explores the factors driving the market growth, such as market drivers, restraints, opportunities, and challenges.
Market Analysis: Provides a detailed analysis of the market, including market size, market share, and growth projections.
Market Segmentation: Breaks down the market into various segments based on factors such as product type, application, and geography.
Competitive Landscape: Analyzes the competitive scenario in the market, including the profiles of key players, their market strategies, and recent developments.
Market Research Findings: Presents the findings of the research study, including insights and data analysis.
Market Outlook and Forecast: Provides a forecast of the market’s future trends and growth prospects.
Conclusion: Summarizes the key points discussed in the report and offers concluding remarks.
Appendices: Includes additional information such as research methodology, data sources, and glossary of terms.
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