Singapore Luxury Hotel Market Size & Outlook, 2025-2033
Singapore Luxury Hotel Market Insights
- According to Deep Market Insights analysis, the Singapore Luxury Hotel Market size was USD 0.42 Billion in 2024 and is projected to reach USD 0.77 Billion by 2033.
- The Singapore market is projected to grow at a CAGR of 6.95% between 2025 and 2033.
- By segment, City Luxury Hotels emerged as the largest Hotel Type in terms of market size in 2024.
- Boutique Hotels is anticipated to remain the most attractive Hotel Type segment, recording the fastest growth during the forecast period.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- Singapore contributed 0% to the global Luxury Hotel Market size in 2024.
- By 2033, United States is forecasted to remain the largest global market for Luxury Hotel Market.
- In Asia Pacific, China is projected to capture the leading share of market size by 2033.
- Among Asia Pacific markets, Taiwan is expected to post the fastest growth, reaching USD 1.93 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 0.42 Billion |
| Market Size In 2033 | USD 0.77 Billion |
| Largest segment | City Luxury Hotels |
| Units | Revenue in USD Billion |
| CAGR | 6.95% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmnetation Covered
| Segments | Sub Segments |
|---|---|
| Hotel Type |
|
| Customer Type |
|
Singapore Luxury Hotel Market Hotel Type 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
Singapore Luxury Hotel Market Customer Type 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.