Global Luxury Hotel Market Size & Outlook, 2025-2033
Global Luxury Hotel Market Insights
- As per Deep Market Insights insights, the Global Luxury Hotel Market stood at USD 105.5 Billion in 2024 and is anticipated to grow to USD 192.88 Billion by 2033.
- The Global market is expected to advance at a CAGR of 7% 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
- United States is projected to lead the global Luxury Hotel Market size by 2033.
- Across Global, North America is anticipated to hold the dominant position in market size by 2033.
- Europe is forecasted to expand at the fastest pace in Global, attaining USD 53.57 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 105.5 Billion |
| Market Size In 2033 | USD 192.88 Billion |
| Largest segment | City Luxury Hotels |
| Units | Revenue in USD Billion |
| CAGR | 7% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmnetation Covered
| Segments | Sub Segments |
|---|---|
| Region |
|
| Hotel Type |
|
| Customer Type |
|
Global Luxury Hotel Market Region 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
Global Luxury Hotel Market Hotel Type 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
Global Luxury Hotel Market Customer Type 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.