Global Beach Hotels Market Report and Forecast 2024-2032

Global Beach Hotels Market Outlook

The global beach hotels market size reached approximately USD 211.22 billion in 2023. The market is further projected to grow at a CAGR of 4.1% between 2024 and 2032, reaching a value of USD 305.29 billion by 2032.

Key Trends in the Market

Beach hotels refer to holiday lodging facilities that provide full services and have access to private beaches. They provide a wide range of amenities and services including recreational and entertainment activities, shopping facilities, and food and beverages, among others to cater to the diverse requirements of tourists.

• The expansion of the tourism sector due to rising disposable incomes is aiding the beach hotels market growth. Travellers and tourists seek beach hotels for relaxation and leisure as they allow them to experience nature and water activities and sports while ensuring their comfort. The availability of activities for all age groups is further increasing the popularity of beach hotels among families.

• The increasing popularity of destination weddings is providing lucrative growth opportunities to the market. Couples prefer having the wedding ceremony on the beach as it allows them to save money on elaborate decorations. The sand and water provide a warm and simple look while elevating the aesthetic appeal of the setup.

• The growing influence of social media and increased collaborations between hotels and travel influencers is supporting the market expansion. Socia media platforms allow brands to reach their target audience and boost awareness about the various amenities and services offered.

Global Beach Hotels Market Analysis

On the basis of hotel type, the market is divided into budget, standard, and premium. Based on service type, the market is segregated into accommodation and food and beverage, among others. On the basis of occupants, the market is bifurcated into solo and group.

Based on booking channel, the market is classified into phone booking, online booking, and in-person booking. On the basis of region, the beach hotels market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Four Seasons Hotels Limited 

• Radisson Hotel Group 

• Omni Hotels & Resorts 

• Hilton Worldwide Holdings Inc. 

• Hyatt Corporation 

• ACCOR SA 

• ITC Ltd. 

• Marriott International, Inc. 

• InterContinental Hotels Group 

• Montage International 

• Others

Market Share by Hotel Type

Premium hotels are expected to account for a significant beach hotels market share. This growth can be associated with the rising disposable incomes and availability of luxury services and facilities including gourmet restaurants, spas, high-quality beddings and linens, and fitness centres, among others. The presence of relaxed, friendly, and calm atmosphere along with water sports and activities are further supporting the segment growth.

Market Share by Region

North America is anticipated to account for a significant share of the market over the forecast period. This growth can be attributed to the increasing popularity of destination weddings, growing preference for beachside resorts and hotels for vacations, and rising per capita incomes. Increased preference for scuba diving, sunbathing, wind surfing, and cruises is bolstering the beach hotels market demand in the region. Rising investments by the government in the region to renourish beaches by reducing infrastructural and environmental damage and boost sand quantity is further expected to support the market expansion in North America.

Competitive Landscape

Four Seasons Hotels Limited, headquartered in Ontario, Canada, is one of the leading providers of hospitality services. The company operates and owns resorts and hotels and offers meeting facilities, wedding and dinning areas, and living accommodations, among others.

Radisson Hotel Group, headquartered in Brussels, Belgium, is dedicated towards providing tailored solutions for meetings and events. The brand portfolio of the company includes Radisson, Radisson Blu, Park Plaza, and Radisson Collection, among others.

Omni Hotels & Resorts, headquartered in Texas, United States, is dedicated towards creating authentic and genuine guest experiences at their distinct luxury resorts and hotels. Omni Hotels & Resorts are known for their personalised services that create lasting impressions with all customer interactions.

Other beach hotels market key players include Hilton Worldwide Holdings Inc., Hyatt Corporation, ACCOR SA, ITC Ltd., Marriott International, Inc., InterContinental Hotels Group, and Montage International, among others.

Key Highlights of the Report