Edison, NJ -- (SBWire) -- 12/08/2021 --Latest released the research study on Five Star Hotel Market, offers a detailed overview of the factors influencing the global business scope. Five Star Hotel Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Five Star Hotel. The study covers emerging player's data, including: competitive landscape, sales, revenue and global market share.
The current market players are adopting various strategies, such as strategic alliances, to expand their regional footprint in growing economies. Major 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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Five Star Hotel Market Overview
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.
Five Star Hotel Market segments and sub-section 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)
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
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Challenges:
- High Initial Investment Required for The Five-Star Hotel
- Difficulty in Government Approvals and Licenses
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As the Political, Economic, Social, Technological, Environmental, and Legal factors continue to change, business leaders across industries have shifted focus to strategic objectives to achieve market excellence. Five Star Hotel Market report comes with comprehensive business strategies and plans have proven to propel business growth in such a scenario. For that purpose, companies require relevant information and market intelligence based insights to measure changing market trends, best practices, competitor's market position, customers' needs, and demand-supply changes.
Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Global Five Star Hotel Market along with tables and graphs related to various country and segments showcasing impact on growth trends.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Strategic Points Covered in Table of Content of Global Five Star Hotel Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Five Star Hotel market
Chapter 2: Exclusive Summary – the basic information of the Five Star Hotel Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Five Star Hotel
Chapter 4: Presenting the Five Star Hotel Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Five Star Hotel market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Five Star Hotel Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology:
The primary sources involves the industry experts from the Global Five Star Hotel Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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What benefits does AMA research study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
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Five Star Hotel Market to See Huge Growth by 2025 : Marriott International, Hilton, Hyatt Hotels
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