How big is the North America Luxury Hotel Market?

The North America Luxury Hotel Market size is expected to reach USD 40.16 billion in 2024 and grow at a CAGR of 8.5% to reach USD 60.38 billion by 2029. Read More

What is the current North America Luxury Hotel Market size?

In 2024, the North America Luxury Hotel Market size is expected to reach USD 40.16 billion. Read More

Who are the key players in North America Luxury Hotel Market?

The St. Regis, JW Marriott, Rose Wood Hotel, Hyatt Corporation and Hilton Worldwide are the major companies operating in the North America Luxury Hotel Market. Read More

What years does this North America Luxury Hotel Market cover, and what was the market size in 2023?

In 2023, the North America Luxury Hotel Market size was estimated at USD 37.01 billion. The report covers the North America Luxury Hotel Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the North America Luxury Hotel Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

North America Luxury Hotel Market - Size, Share, Growth, Report & Trends Analysis

North America Luxury Hotel Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Hotels Market in North America and it is segmented by service type (business hotel, airport hotel, suite hotel, resort, other service hotels), geography (United States of America, Canada, and Mexico). The report offers market size and forecasts for the North American luxury hotel market in volume (number of hotels) and value (USD million) for all the above segments.

North America Luxury Hotel Industry Overview

The report covers major international players operating in the North America Luxury Hotel Market. In terms of market share, few of the major players currently dominate the market. However, with technological advancements and product innovations, mid-size to smaller companies is increasing their market presence by securing new contracts and tapping into new markets. The leading brands are opening exclusive stores for special products. The companies are also promoting, differentiating and selling limited editions to increase their visibility and brand awareness in the market.