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.

In 2024, Europe contributed 26.55% 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 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)
Segmnetation Covered
Europe	Germany United Kingdom France Italy Spain Russia Nordic Benelux
Hotel Type	City Luxury Hotels Resort & Spa Hotels Boutique Hotels Eco-Luxury Lodges
Customer Type	Leisure Travelers Corporate Guests Meetings & Events (MICE) High-net-worth Individuals
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Europe	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Germany	XX.x	XX.x	XX.x	7.01	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
United Kingdom	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
France	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Italy	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Spain	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Russia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Nordic	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Benelux	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Hotel Type	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
City Luxury Hotels	XX.x	XX.x	XX.x	13.47	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Resort & Spa Hotels	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Boutique Hotels	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Eco-Luxury Lodges	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Customer Type	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Leisure Travelers	XX.x	XX.x	XX.x	11.26	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Corporate Guests	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Meetings & Events (MICE)	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
High-net-worth Individuals	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x