Turkey Luxury Hotel Market Size & Outlook, 2025-2033


Turkey Luxury Hotel Market Insights

  • As highlighted in Deep Market Insights analysis, the Turkey Luxury Hotel Market, worth USD 0.6 Billion in 2024, is forecasted to achieve USD 1.13 Billion by 2033.
  • The Turkey market is anticipated to grow at a CAGR of 7.03% during the period 2025–2033.
  • By 2024, City Luxury Hotels represented the largest share of the Hotel Type market size.
  • City Luxury Hotels is expected to remain the key growth driver within Hotel Type, registering the fastest CAGR during the forecast period.

Other Key Findings


  • Turkey contributed 0.94% 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 Middle East and Africa, United Arab Emirates is projected to capture the leading share of market size by 2033.
  • Among Middle East and Africa markets, Turkey is expected to post the fastest growth, reaching USD 1.11 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 0.6 Billion
Market Size In 2033 USD 1.13 Billion
Largest segment City Luxury Hotels
Units Revenue in USD Billion
CAGR 7.03% (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