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The Global Luxury Hotels Market – Key Trends and Opportunities to 2017

Synopsis

The report provides detailed market analysis, information and insights, including:

The Global Luxury Hotels Market – Key Trends and Opportunities to 2017

Synopsis

The report provides detailed market analysis, information and insights, including:

Category: Worldwide - Industry economy - Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2013-09-27


- Historic and forecast revenue for the global luxury hotels market covering 40 countries
- Detailed region wise (Americas, Asia-Pacific, Europe, Middle East & Africa) analysis of luxury hotel key performance indicators such as the number of luxury hotel establishments, number of available luxury rooms, luxury room occupancy rate, average revenue per available luxury room and average total revenue per available luxury room for the review (2008-2012) and forecast (2013-17) periods
- Analysis of the global luxury travel market and the present scenario in the luxury hotel construction industry
- Detailed analysis of the market trends in emerging luxury hotel markets such as in the BRIC countries (Brazil, Russia, India and China)

Summary

The global luxury travel market recorded strong growth in 2011–2012, after a significant decline in 2009 and modest recovery in 2010. One of the key drivers of this growth was the increasing number of high net worth individuals (HNWIs) globally, primarily in the BRIC countries. This growth in global luxury travel is expected to continue over the forecast period to 2017.


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