Beach hotels are the hotels that are positioned on or nearby the seashore or are of sea-facing. Several beach resorts offer private beaches to their tourists with luxurious stay options. These are exceptionally popular among honeymoon couples and offer different activities, which include hiking and surfing, water sports, and biking with facilities, such as physical fitness spa services. Mental rejuvenation is one of the crucial benefits of beach resorts.
Scope of the Report:This report studies the Beach Hotels market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Beach Hotels market by product type and applications/end industries.
Inclination of travelers toward peaceful areas than the crowded places has increased the demand for beach hotels. Factors that are expected to drive the market growth during the forecast period include increase in per capita income in the developing countries, rise in purchasing power of people, surge in trend to travel in vacation, and different discounts offered on online booking.
The global Beach Hotels market is valued at 168300 million USD in 2020 and is expected to reach 204300 million USD by the end of 2026, growing at a CAGR of 3.3% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Beach Hotels.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers ITC Limited
Four Seasons Holdings Inc.
IHG (InterContinental Hotels Group PLC)
Hyatt Hotels Corporation
Marriott International, Inc.
Shangri-La Asia Limited.
Wyndham Worldwide Corporation
Accor SA
The Indian Hotels Company Limited
Hilton Worldwide Holdings Inc.
The Oberoi Group
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Premium
Standard
Budget
Market Segment by Applications, can be divided into Solo
Group
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.