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Five Star Hotel Market Is Booming Worldwide : Hyatt Hotels, Jumeirah International, Hilton

By: SBWire

NJ New Jersey, USA -- (SBWIRE) -- 02/02/2023 -- The latest study released on the Global Five Star Hotel Market by AMA Research evaluates market size, trend, and forecast to 2027. The Five Star Hotel market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include:
Marriott International (United States), Hilton (United States), Hyatt Hotels (United States), Four Seasons Holdings Inc. (United States), Shangri-La International Hotel Management Ltd. (Hong Kong), InterContinental Hotels Group PLC (United Kingdom), Mandarin Oriental International Limited (Hong Kong), Tata Group (India), Jumeirah International LLC (United Arab Emirates), Kerzner International Limited (The Bahamas)

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As India is contributing high in the tourism industry. According to IBEF, the tourism & hospitality industry in India is directly contributing to India's GDP flowed by 23.6% was in 2017, and also tourism in India covered for 9.4% of the GDP. It includes revenues from restaurants and banquets. Usually, the revenues from F&B division are about 35-40% of the total hotel revenues. It depends on various factors such as occupancy rates of the property, size of banquets and conferences, connectivity and technology in the banquet area, hotel location, etc.

Market Trend:
- Technology advancement in distribution models, such as the advent of digital technologies in booking and marketing activities. High adoption of social media helps hotel providers in advertising and other services

Market Drivers:
- High Growth in Tours and Tourism Industry
- Growing Demand for The Leisure Travel
- The emergence of Luxury Hotels

Market Opportunities:
- Advancement in the hospitality industry is one of the key industries behind the high growth of the services sector. This shows strong growth potential across the globe, majorly in the South Arabia region. With the increased funding of government in hospitality and facility management is generating huge opportunity for luxury hotel companies.

The Global Five Star Hotel Market segments and Market Data Break Down are illuminated below:
by Application (Business Traveller, Leisure Travellers, Airline Cabin Crew, Others), Distribution Channels (Travel Agents, Online Travel Portals, Marketing Alliances, Booker, CRS, GDS), Themes (Ecotel, Boutique Hotels, Heritage Hotels, Spa Hotels), Hotel (Business Hotel, Suite Hotel, Airport Hotel, Resorts Hotel)

Global Five Star Hotel market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
- -To carefully analyze and forecast the size of the Five Star Hotel market by value and volume.
- -To estimate the market shares of major segments of the Five Star Hotel
- -To showcase the development of the Five Star Hotel market in different parts of the world.
- -To analyze and study micro-markets in terms of their contributions to the Five Star Hotel market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Five Star Hotel
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Five Star Hotel market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:
Five Star Hotel Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Five Star Hotel market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Five Star Hotel Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Five Star Hotel Market Production by Region Five Star Hotel Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
- Key Points Covered in Five Star Hotel Market Report:
- Five Star Hotel Overview, Definition and Classification Market drivers and barriers
- Five Star Hotel Market Competition by Manufacturers
- Impact Analysis of COVID-19 on Five Star Hotel Market
- Five Star Hotel Capacity, Production, Revenue (Value) by Region (2021-2027)
- Five Star Hotel Supply (Production), Consumption, Export, Import by Region (2021-2027)
- Five Star Hotel Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}
- Five Star Hotel Manufacturers Profiles/Analysis Five Star Hotel Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
- How feasible is Five Star Hotel market for long-term investment?
- What are influencing factors driving the demand for Five Star Hotel near future?
- What is the impact analysis of various factors in the Global Five Star Hotel market growth?
- What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

For more information on this press release visit:

Media Relations Contact

Praveen Kumar
PR & Marketing Manager
AMA Research & Media LLP
Telephone: (201) 7937323, +1(201) 7937193
Email: Click to Email Praveen Kumar

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