Canada Luxury Hotel Market Size & Outlook, 2025-2033
Canada Luxury Hotel Market Insights
- As per Deep Market Insights insights, the Canada Luxury Hotel Market stood at USD 10.79 Billion in 2024 and is anticipated to grow to USD 19.36 Billion by 2033.
- The Canada market is expected to advance at a CAGR of 6.72% from 2025 through 2033.
- In 2024, City Luxury Hotels accounted for the highest share of the Hotel Type market size.
- During the forecast period, Resort & Spa Hotels is set to register the highest growth, making it the most lucrative Hotel Type segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Canada accounted for 10.38% of the global Luxury Hotel Market size.
- By 2033, United States is expected to lead the global Luxury Hotel Market in terms of market size.
- Within North America, United States is projected to dominate the regional Luxury Hotel Market size by 2033.
- United States is identified as the fastest-growing market in North America, anticipated to reach USD 53.29 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 10.79 Billion |
| Market Size In 2033 | USD 19.36 Billion |
| Largest segment | City Luxury Hotels |
| Units | Revenue in USD Billion |
| CAGR | 6.72% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmnetation Covered
| Segments | Sub Segments |
|---|---|
| Hotel Type |
|
| Customer Type |
|
Canada Luxury Hotel Market Hotel Type 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
Canada Luxury Hotel Market Customer Type 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.