LATAM Luxury Hotel Market Size & Outlook, 2025-2033
LATAM Luxury Hotel Market Insights
- According to Deep Market Insights analysis, the LATAM Luxury Hotel Market size stood at USD 5.28 Billion in 2024 and is forecasted to reach USD 9.65 Billion by 2033.
- The market is projected to grow at a CAGR of 6.98% between 2025 and 2033.
- By segment, City Luxury Hotels was the leading Hotel Type in terms of market size in 2024.
- Eco-Luxury Lodges is expected to be the most lucrative Hotel Type segment, exhibiting the fastest growth throughout the forecast period.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- The global Luxury Hotel Market size saw LATAM holding a share of 4.72% in 2024.
- United States is forecasted to account for the leading share of the global market by 2033.
- In LATAM, Brazil is forecasted to be the fastest-expanding market, projected to reach USD 4.21 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 5.28 Billion |
| Market Size In 2033 | USD 9.65 Billion |
| Largest segment | City Luxury Hotels |
| Units | Revenue in USD Billion |
| CAGR | 6.98% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmnetation Covered
| Segments | Sub Segments |
|---|---|
| LATAM |
|
| Hotel Type |
|
| Customer Type |
|
LATAM Luxury Hotel Market Country 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
LATAM Luxury Hotel Market Hotel Type 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
LATAM Luxury Hotel Market Customer Type 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.