Market Research Reports Luxury Hotels Market 2018 - 2022

Global Luxury Hotels Market Projected to
Surpass US$ 176000 Million by 2022
“Global Luxury Hotels Market Report 2018” report provides the
newest industry data and industry future trends, allowing you to
identify the products and end users driving Revenue growth and
profitability. The industry report lists the leading competitors and
provides the insights strategic industry Analysis of the key factors
influencing the market.
Global Luxury Hotels Market
Overview:
The Global Luxury Hotels
Market is Valued at US$
159000 Million in 2017 and
will reach US$ 176000 Million
globally by the end of 2022.
Increasing
number
of
international events is fueling
the growth of Luxury Hotels
Market globally. Consumers
are opting for luxury hotels to
spend their leisure time, with a view to experience the luxurious living offered in such hotels.
Furthermore, the services, which include spa treatments, beauty services and various other
amenities offer relaxation and rejuvenate the customers.
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According to the report analysis, the Luxury Hotels Market is witnessing lucrative avenues from
recent efforts of hotel chains to improve their services for offering transformative customer
experiences. The incorporation of advanced technologies by luxury hotels has enabled them to
markedly raise the comfort and convenience level of the customers. Technology advances in check-
in and check-out services act as a potential underpinning for the steady expansion of the market.
Luxury Hotels Market is also witnessing substantial lucrative gains from the rising from the focus of
luxury hotels on offering better complimentary hotel services and amenities. Aggressive re-branding
of luxury hotel chains is unlocking exciting prospects for market players.