Spain Luxury Hotel Market Size & Outlook, 2025-2033


Spain Luxury Hotel Market Insights

  • Based on Deep Market Insights findings, the Spain Luxury Hotel Market reached USD 2.45 Billion in 2024 and is estimated to attain USD 4.58 Billion by 2033.
  • From 2025 to 2033, the Spain market is expected to grow at a steady CAGR of 7.16%.
  • Within the Hotel Type category, City Luxury Hotels dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Resort & Spa Hotels is forecasted to deliver the fastest growth, positioning it as the most lucrative Hotel Type segment.

Other Key Findings


  • Spain accounted for 1.89% of the global Luxury Hotel Market size in 2024.
  • By 2033, United States is expected to remain the top global market in terms of size.
  • Within Europe, Germany is forecasted to dominate the regional Luxury Hotel Market size by 2033.
  • France will be the fastest-growing market in Europe, projected to achieve USD 8.32 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 2.45 Billion
Market Size In 2033 USD 4.58 Billion
Largest segment City Luxury Hotels
Units Revenue in USD Billion
CAGR 7.16% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
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