Global Beach Hotels Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Beach Hotels Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global beach hotels market report has been segmented as per hotel type, service type, occupants, and region.
Global Beach Hotels Market: Overview
Beach hotels are seaside or sea-facing hotels or hotels on the beaches. Beach hotels are well-known for very comfortable and satisfied services. These hotels are luxurious and popular for holiday destination. In addition, beach hotels offer various activities such as cruise trips, surfing and hiking, sunbathing, scuba diving, windsurfing etc. Also, beach hotels offer various facilities such as, spa and gym, rooftop bar, swimming pool, and some others that provides exotic experience to the tourist.
Global Beach Hotels Market: Dynamics
Growing travel and tourism sector, rising per capita income, and changing lifestyle of individuals across the globe are key factors expected to boost growth of the global beach hotels market. In addition, increasing preference for peaceful places during travel and growing trend for travel in vacation among individuals are major factors expected to support growth of the target market over the forecast period.
Increasing internet penetration and rising preference for online bookings across the globe are other major factors driving growth of the target market during the forecast period. In addition, increasing preference for long weekend with family or family holiday among individuals across the globe is another key factor expected to fuel growth of the global market in the next 10 years.
Furthermore, increasing number of destination weddings and increasing discount offers from beach hotels for holiday packages are other factors expected to proliferate growth of the global market over the forecast period.
However, high cost associated with beach hotels stays and packages and increasing stringent regulations related with water and soil pollution related associated with beach and beach hotels are key factors expected to hamper growth of the global beach hotels market.
Global Beach Hotels Market: Segment Analysis
Among type segment, the premium segment is expected to account for significant revenue share in the global market, owing to increasing demand for luxury services and various advanced facilities among tourists across the globe.
Growing consumer preference towards the beach side accommodation along with other facilities is a primary factor driving revenue growth of the accommodation segment among service type segment.
Global Beach Hotels Market: Region Analysis
The market in Asia Pacific is expected to dominate in terms of revenue in the global market followed by market in the Europe and are anticipated to continue their dominance over the forecast period. Increasing spending capacity of individuals, increasing travel destinations, and increasing government initiatives for expansion of travel and tourism sector in various countries such as India, Thailand, New Zealand, France, and Australia are factors supporting growth of the target market in these region. Market in North America is expected to register a highest growth in the global market, owing to rising demand for various beach activities such as sunbathing, cruise trips, windsurfing, and scuba diving among tourist those visit countries such as US and Canada. Markets in Latin America, and Middle East & Africa are expected to witness average growth in terms of revenue, owing to rising travel and tourism sector in countries such as Saudi Arabia and Brazil in these regions.
Global Beach Hotels Market Segmentation:
Segmentation by Hotel Type:
Segmentation by Service Type:
- Food and Beverage
Segmentation by Occupants:
- Group Occupancy
- Solo Occupancy
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Accor SA
- The Indian Hotels Company Limited
- Hyatt Hotels Corporation
- Shangri-La International Hotel Management Ltd.
- Marriott International, Inc.
- Four Seasons Holdings Inc.
- ITC Limited
- Hilton Worldwide Holdings Inc.
- InterContinental Hotels Group PLC
- Wyndham Destinations, Inc.
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