According to the study, Increasing demand for cruise tourism is one of the primary growth factors for the market. Increasing Disposable Income across the Globe
is also expected to contribute significantly to the Floating Hotels market. Overall, Business Trip
applications of Floating Hotels, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as The Manta Resort (Tanzania), Dragon inn (Malaysia), River Kwai Jungle Rafts (Thailand), Four Season Bora Bora (French Polynesia), Punta Caracol Acqua Lodge (South America), Floating and Rotating Hotel Tower (UAE), Off Paris Seine (Paris), Conrad Maldives (Maldives), The Arctic Bath (Sweden) and Taj Lake Palace (India) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the global Floating Hotels market identified that the demand is rising in many different parts of the world as "Increasing demand appealing deals and discounts that floating hotels provide.
". Furthermore, some recent industry insights like "In February 2019, Conrad Hotels partnered with London-based luxury resort wear brand Robe de Voyage. With this partnership, the collection called ‘sleeping in the ocean’ designed by Robe de Voyage was given to the customers. This partnership helps Conrad hotels to improve their customer’s experience." is constantly making the industry dynamic. One of the challenges that industry facing is "Unstable weather, air and water condition"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Floating Hotels market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Floating Hotels market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Floating Hotels market tight? Which application/end-user category or Product Type [Single Occupancy, Double Occupancy and Other] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Floating Hotels market and other related sub-markets covered in the study.
o Key & emerging players in the Floating Hotels market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Floating Hotels market size is calculated using market estimation process, the Floating Hotels market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the global Floating Hotels market size has been validated using both top-down and bottom-up approaches.