Europe Luxury Hotel Market Size & Outlook, 2025-2033


Europe Luxury Hotel Market Insights

  • As per Deep Market Insights insights, Europe’s Luxury Hotel Market was valued at USD 28.01 Billion in 2024 and is anticipated to expand to USD 53.42 Billion by 2033.
  • From 2025 to 2033, the market is anticipated to expand at a CAGR of 7.47%.
  • Within Hotel Type, City Luxury Hotels accounted for the largest market size in 2024.
  • During the forecast period, Boutique Hotels is anticipated to remain the highest-growth segment within the Hotel Type category.

Other Key Findings


  • In 2024, Europe contributed 26.42% to the overall global Luxury Hotel Market size.
  • By 2033, United States is anticipated to dominate the global market based on market size.
  • France is expected to witness the fastest growth within Europe, attaining USD 8.32 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 28.01 Billion
Market Size In 2033 USD 53.42 Billion
Largest segment City Luxury Hotels
Units Revenue in USD Billion
CAGR 7.47% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Europe
  1. Germany
  2. United Kingdom
  3. France
  4. Italy
  5. Spain
  6. Russia
  7. Nordic
  8. Benelux
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