Brooklyn, NY , May 03, 2016 (GLOBE NEWSWIRE) — The report, titled “Global Luxury Hotels Market 2016 Industry Research Report,” studies the global luxury hotels market across some of the key regions to present details such as revenue and gross margin. It provides an overview of the industry including the classifications of luxury hotels, recent developments, and entry barriers in the industry. The report traces the development history of the global luxury hotels market and analyzes factors such as international economy, regional economy, policies, market trends, and industry news.
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Usually, there are no set standards for defining luxury hotels. The hospitality industry accepts the hotel star ratings implemented by critics to define luxury hotels. In general, four-star and five-star hotels are termed as luxury hotels. Luxury hotels are rated in terms of various features such as ease in booking, availability of rooms, amenities in rooms, food, guest activities, and complimentary touches. The objective of rating luxury hotels is to inform travellers about basic facilities that can be expected from the hotels.
The report studies the global luxury hotel industry across some of the major regions such as Latin America, North America, Europe, and Asia Pacific. The growth of the industry in countries such as the U.S., Canada, China, India, Brazil, Japan, Germany, and France has been particularly analyzed in the report. The report analyzes the status of marketing channels of luxury hotels across these countries and assesses the sales and revenue generated by the overall industry during the period between 2011 and 2016.
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Describing the competitive landscape, the report profiles some of the key players in the global luxury hotels market such as Four Seasons, Star woods Hotels & Resorts, Hyatt Hotels, and Hilton. Insightful details about the key players including their sales, revenue, and gross margin have been included in the report. Describing the industry chain, the report takes into account the key suppliers in the industry chain such as equipment suppliers and consumers. Development trends in the global luxury hotels industry during the period between 2016 and 2021 have been projected in the report. The report further analyzes various growth opportunities for the players with the help of SWOT analysis. For the benefit of new as well as existing players in the market, the report analyzes the feasibility of new project investments in the market.
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