Asia Pacific Luxury Hotel Market Size & Outlook, 2025-2033


Asia Pacific Luxury Hotel Market Insights

  • As highlighted in Deep Market Insights analysis, the Asia Pacific Luxury Hotel Market, valued at USD 20.63 Billion in 2024, is estimated to achieve USD 37.95 Billion by 2033.
  • The market is estimated to grow at a CAGR of 6.99% spanning 2025 to 2033.
  • By market size, City Luxury Hotels led the Hotel Type category in 2024.
  • The Hotel Type segment led by City Luxury Hotels is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.

Other Key Findings


  • The global Luxury Hotel Market size saw Asia Pacific holding a share of 19.81% in 2024.
  • United States is forecasted to account for the leading share of the global market by 2033.
  • In Asia Pacific, Taiwan is forecasted to be the fastest-expanding market, projected to reach USD 1.93 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 20.63 Billion
Market Size In 2033 USD 37.95 Billion
Largest segment City Luxury Hotels
Units Revenue in USD Billion
CAGR 6.99% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Asia Pacific
  1. China
  2. India
  3. Japan
  4. Korea
  5. Taiwan
  6. Australia
  7. Singapore
  8. South East Asia
Hotel Type
  1. City Luxury Hotels
  2. Resort & Spa Hotels
  3. Boutique Hotels
  4. Eco-Luxury Lodges
Customer Type
  1. Leisure Travelers
  2. Corporate Guests
  3. Meetings & Events (MICE)
  4. High-net-worth Individuals