The article cited AMA's Global Luxury Hotels Market Study explored substantial growth with CAGR of 4.5%. According the report, Inclination towards Luxurious Hotels among Consumers in Developing Countries is one of the primary growth factors for the market. Growing Tourism and Corporate Industries across Various Regions is also expected to contribute significantly to the Luxury Hotels market. Overall, Room applications of Luxury 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 Marriott International Inc. (United States), Wyndham Destinations (United States), Hilton Hotels & Resorts (United States), Hyatt Corporation (United States), Kerzner International Resort Inc. (United States), Radisson Hotel Group (United States), Accor Hotel (France), Four Seasons Holdings Inc. (Canada), Intercontinental Hotels Group (U.K.), Taj Hotels (India), ITC Hotels Limited (India) and The Indian Hotel Companies Limited (India) may see astonishing sales in this Market and certainly improve revenue growth.

AMA’s Analyst on the Global Luxury Hotels market identified that the demand is rising in many different parts of the world as "New Innovations and Technology Advancement in Infrastructure and Facilities Provided ". Furthermore, some recent industry insights like "In January 2024, ITC’s Hotel Group, one of India’s leading luxury hotel chains, is gearing up to launch its first international luxury hotel, which is coming up in Sri Lanka, within the next two months." is constantly making the industry dynamic. One of the challenges that industry facing is "Political Unrest in Various Countries Reducing the Tourist Traffics and Low Rate of Occupancy"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Luxury 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 Luxury 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 Luxury Hotels market tight?
• Which application/end-user category or Product Type [Business Hotels, Airport Hotels, Holiday Hotels, Resort & Spas and Other (Suite Hotel, Service apartments, Casino hotels, conference and convention centers)] 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 Luxury Hotels market and other related sub-markets covered in the study.

o Key & emerging players in the Luxury Hotels market have been observed through secondary research.
o The industry’s 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 Luxury Hotels market size is calculated using market estimation process, the Luxury 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 Luxury Hotels market size has been validated using both top-down and bottom-up approaches.