North America Luxury Hotel Market Size & Outlook, 2025-2033


North America Luxury Hotel Market Insights

  • As highlighted in Deep Market Insights analysis, the North America Luxury Hotel Market, valued at USD 40.13 Billion in 2024, is estimated to achieve USD 72.74 Billion by 2033.
  • The market is estimated to grow at a CAGR of 6.79% spanning 2025 to 2033.
  • By market size, City Luxury Hotels led the Hotel Type category in 2024.
  • The Hotel Type segment led by City Luxury Hotels is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.

Other Key Findings


  • In 2024, North America accounted for 37.74% of the global Luxury Hotel Market size.
  • By 2033, United States is projected to lead the global market in terms of market size.
  • United States is projected to emerge as the fastest-growing market in North America, reaching 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 40.13 Billion
Market Size In 2033 USD 72.74 Billion
Largest segment City Luxury Hotels
Units Revenue in USD Billion
CAGR 6.79% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
North America
  1. United States
  2. Canada
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