Beach Hotels Market Garner at a CAGR of 3.2% by 2023
Portland, OR -- (SBWire) -- 06/13/2018 --Research beam recently published a report titled, "Global Beach Hotels Market Report". According to the report, the global beach hotels market is expected to reach $201 billion in 2023, registering a CAGR of 3.2 % in the period 2016–2023. The significant surge in travel and tourism has driven the growth of the global beach hotels market.
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The report offers a detailed analysis of the market size, share, opportunities, and forecast by meticulously monitoring the current market trends and future market potential.
The report provides a summary of the global beach hotels market along with the definition and scope of the report, key findings, market player analysis, and research methodology. The report is an essential source of information to the investors, stakeholders, and entry-level organizations to determine the current market trends in the global beach hotels market.
The report highlights several factors that affect the global beach hotels market such as drivers and restraints. Moreover, the report offers an in-depth analysis of active market players along their revenue comparison.
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The global beach hotels market is governed by the recent boost in travel and tourism. Moreover, travelers prefer sea-facing hotels than the crowded places. Several hotels offer private beaches, which attracts travelers, especially honeymoon couples. Moreover, different discounts offered on online booking, rise in disposable income, surge in trend for travel has fostered the growth of the global beach hotels market.
The global beach hotels market report is segmented based on material type, service type, occupants, and geography. On the basis of type, the global beach hotels market report is divided into premium, standard, and budget. The report displays the growth factors, trends, and opportunities in each type with the help of graphical representation. Based on service type, the market report is bifurcated into accommodation, food & beverage, and others. Moreover, the global beach hotels market report is divided based on occupants such as solo and group. The report shows opportunities in both types with the help of tabular representation. An in-depth analysis of the global beach hotels market based on region, including North America, Europe, Asia-Pacific, and LAMEA is provided. The report segmentation based on region is further divided into the prime countries that affect the market.
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The report offers an in-depth study of the active leading market players to understand the competitiveness in the global beach hotels market. The key market players that are profiled in the report are ITC Limited, IHG (Intercontinental Hotels Group PLC), Marriott International, Wyndham Worldwide Corporation, Accor SA, Hilton Worldwide Holdings INC., Four Seasons Holdings INC., Hyatt Hotels Corporation, INC., Shangri-La Asia Limited., The Indian Hotels Company Limited, and The Oberoi Group.
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