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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Rosewood Hotel Group is one of the leading multinational hotel management groups that was founded in 2005 and is headquartered in Hong Kong. The company is dedicated towards ensuring relationship hospitality, by doing so they strive to become the industry leader.
Four Seasons Hotels Limited is dedicated towards enhancing the travel experience of their customers through continual innovation in the hospitality sector. The company was founded in 1961 and is headquartered in Ontario, Canada.
Hyatt Hotels Corporation is one of the leading multinational hospitality companies that franchises and manages business and luxury resorts and hotels and vacation properties. The company was founded in 1957 and is headquartered in Illinois, United States.
Other United States luxury hotel market players include Marriott International, Inc., Accor SA, Intercontinental Hotels Group PLC, Hilton Worldwide Holdings Inc., Rancho Valencia Resort & Spa, Auberge Resorts LLC, and The Ritz-Carlton Hotel Company, L.L.C., among others.
United States Luxury Hotel Market Report Snapshots
United States Luxury Hotel Market Size
United States Luxury Hotel Market Trends
United States Luxury Hotel Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of approximately USD 32.08 billion in 2024.
The market is projected to grow at a CAGR of 5.6% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 52.59 billion by 2034.
The major market drivers include expansion of the travel and tourism sector and rising incorporation of cutting-edge technologies by chain hotels including customised concierge services, mobile check-ins, and smart room control, among others.
The key trends fuelling the growth of the market include increase in business travel activities and rising requirement for personalised experiences.
The major regions in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The significant categories include chain and independent.
The key players in the market are Rosewood Hotel Group, Four Seasons Hotels Limited, Hyatt Hotels Corporation, Marriott International, Inc., Accor SA, Intercontinental Hotels Group PLC, Hilton Worldwide Holdings Inc., Rancho Valencia Resort & Spa, Auberge Resorts LLC, and The Ritz-Carlton Hotel Company, L.L.C., among others.
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Philippines
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