The Global Luxury Hotels Market to 2018

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The Global Luxury Hotels Market to 2018
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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-lu
xury-hotels-to-2018-market
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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 US43.9 billion in 2013,
  which is more than double its closest competitor,
  China, which recorded US20.6 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.

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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 _at_ http//www.bigmarket
  research.com/report-enquiry/178060

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Synopsis

The report provides detailed market analysis,
information, and insights, includingHistoric
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.
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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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