Beach Hotels Market Growing $201,359 Million in 2023

Portland, OR — 01/12/2018 — The global beach hotels market size was estimated to be $163,296 million in 2016, and is projected to reach $201,359 million in 2023, growing at a CAGR of 3.2%. The substantial boom in the travel and tourism sector fosters the demand for hotel industry and substantially beach hotels market.

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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.

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 segmented on the basis of type, service type, occupants and region. The beach hotels market on the basis of type is categorized into premium, standard, and budget. Based on service type, it is segmented into accommodation, food & beverage, and others. Based on occupants, the market is furthers segmented into solo, and group travels. Geographically, it is categorized across North America, Europe, Asia-Pacific, and LAMEA.

The major players profiled in the report are:

– 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.

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KEY MARKET BENEFITS FOR STAKEHOLDERS

– The study provides an in-depth analysis of the beach hotels market with current and future trends to elucidate the imminent investment pockets in the market.
– The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
– Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers.
– Market player positioning in the report provides a clear understanding of the position of leading companies.

KEY MARKET SEGMENTS

By Material Type

By Type
– Premium
– Standard
– Budget

By Service Type

– Accommodation
– Food & Beverage
– Others

By Occupants

– Solo
– Group

By Geography

– North America
– U.S.
– Canada
– Mexico
– Europe
– France
– Germany
– UK
– Rest of Europe
– Asia-Pacific
– China
– India
– Australia
– Rest of Asia-Pacific
– LAMEA
– Latin America
– Middle East
– Africa

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OTHER KEY PLAYERS*:

– Dubai Holding LLC
– Relais & Châteaux Entreprise
– The Leading Hotels of the World, Ltd.
– Palace Resorts, S.A. de C.V.
– *These players are not profiled in this report.

Table Of Content

– CHAPTER 1 INTRODUCTION
– CHAPTER 2 EXECUTIVE SUMMARY
– CHAPTER 3 MARKET OVERVIEW
– CHAPTER 4 BEACH HOTELS MARKET, BY TYPE
– CHAPTER 5 BEACH HOTELS MARKET, BY SERVICE TYPE
– CHAPTER 6 BEACH HOTELS MARKET, BY OCCUPANTS
– CHAPTER 7 BEACH HOTELS MARKET, BY GEOGRAPHY
– CHAPTER 8 COMPANY PROFILES

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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