The International Luxury Hotel Association reaches an audience of more than 500,000 hotel professionals in 90+ countries. It also produces LUXURY HOTELIERS Magazine, ILHA SmartBrief and the INSPIRE SUMMITS in Europe and North America

The article cited AMA's "Global Luxury Hotel Market Study" explored substantial growth in North America and CAGR of 4.0%. According to the report, Inclination towards Luxurious Hotels among Consumers in Developing Countries is one of the primary growth factors for the market. Growing Tour & Travel and Corporate Industries across Various Regions is also expected to contribute significantly to the Luxury Hotel market growth. Overall, Room applications of Luxury Hotel, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Luxury Hotel 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 "" is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Luxury Hotel market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

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 Hotel market and other related sub-markets covered in the study.

o Key & emerging players in the 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.

Have a look at complete Table of Content: Global Luxury Hotel Market Study

Data Triangulation
The overall Luxury Hotel market size is calculated using market estimation process, the Luxury Hotel 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 Hotel market size has been validated using both top-down and bottom-up approaches.