Market Overview:
The global luxury hotel design market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for luxury hotels, especially in developing countries such as China and India. Additionally, the increasing number of tourists is also contributing to the growth of this market. The global luxury hotel design market can be segmented on the basis of type into interior design and building design. Interior design dominates the global luxury hotel design market with a share of more than 60%. This segment is expected to grow at a CAGR of 7% during the forecast period from 2018 to 2030.
Product Definition:
Luxury hotel design is the process of creating a unique and luxurious experience for guests staying in a hotel. This can involve anything from the layout and décor of the guest rooms to the amenities offered on-site. The importance of luxury hotel design lies in its ability to create an atmosphere that is both comfortable and elegant, while also catering to the specific needs of its guests. By providing an exceptional level of service and amenities, luxury hotels set themselves apart from their competition and ensure that guests will have a memorable stay.
Interior Design:
Interior design is the process of planning, designing, and installing all interior features of a building or space. It includes furniture design as well. The factors that propel the growth of this industry are increasing travel and tourism activities across the globe which in turn leads to increased demand for luxury hotel designs.
Building Design:
Building design is the overall appearance of a building including its architecture, interior fittings and landscaping. It can be defined as the art of creating buildings that are in keeping with current trends and at the same time pleasing to the eye. The term ‘building design’ is used for both commercial and residential structures. In this market, there are various service providers who offer different types of services such as graphic designing, 3D visualization designing among others depending upon customer requirements.
Application Insights:
The new hotels segment dominated the global luxury hotel design market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing construction of new hotels, particularly in emerging countries such as China, India and Brazil. In addition,luxury brands are increasingly focusing on developing unique offerings for their brand portfolio by launching luxurious boutique hotels that offer an immersive experience to their guests. For instance,in 2019 Hyatt Hotels Corporation will open Park Hyatt New York which will become the first ever Park Hyatt branded property outside Asia Pacific region. Similarly,in 2020 EDITION Entertainment Properties Inc.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. This growth can be attributed to increasing disposable income, rising middle-class population, and expanding hospitality sector in emerging countries such as China and India. Moreover, rapid urbanization has led to an increase in demand for high-end luxury hotels across these countries which will drive regional market growth over the forecast period.
Europe accounted for a significant share of revenue generation owing to growing tourism industry supported by high consumer spending on luxury accommodation globally as well as locally within Europe itself (i.e., France). In addition, old world charm coupled with modern day comfort is projected to remain key driving factors across this region while designing new luxurious hotels thereby fueling regional product demand over the next eight years or so until 2030 AD (i.e., until completion of White Luxury Branding Study).
Growth Factors:
- Increasing disposable income of the global population, especially in developing countries.
- Rising number of luxury travelers and tourists globally.
- Proliferation of affordable luxury hotel brands and products catering to a wider audience base.
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Hotel Design Market Research Report
By Type
Interior Design, Building Design
By Application
New Hotels, Old Hotels
By Companies
HBA, Rockwell Group, Gensler, Wilson Associates, Leo A Daly, HKS, Pierre-Yves Rochon, ForrestPerkins | Perkins Eastman, Stonehill Taylor Architects, Daroff Design
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Hotel Design Market Report Segments:
The global Luxury Hotel Design market is segmented on the basis of:
Types
Interior Design, Building Design
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
New Hotels, Old Hotels
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HBA
- Rockwell Group
- Gensler
- Wilson Associates
- Leo A Daly
- HKS
- Pierre-Yves Rochon
- ForrestPerkins | Perkins Eastman
- Stonehill Taylor Architects
- Daroff Design
Highlights of The Luxury Hotel Design Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Interior Design
- Building Design
- By Application:
- New Hotels
- Old Hotels
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Luxury Hotel Design Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Luxury hotel design is the creation of a luxurious and comfortable environment for guests. This may include features like high ceilings, marble floors, and plush bedding. Luxury hotels often have unique amenities not found in other types of hotels, such as private dining rooms or spa treatments.
Some of the key players operating in the luxury hotel design market are HBA, Rockwell Group, Gensler, Wilson Associates, Leo A Daly, HKS, Pierre-Yves Rochon, ForrestPerkins | Perkins Eastman, Stonehill Taylor Architects, Daroff Design.
The luxury hotel design market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Luxury Hotel Design Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Luxury Hotel Design Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Luxury Hotel Design Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Luxury Hotel Design Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Luxury Hotel Design Market Size & Forecast, 2018-2028 4.5.1 Luxury Hotel Design Market Size and Y-o-Y Growth 4.5.2 Luxury Hotel Design Market Absolute $ Opportunity
Chapter 5 Global Luxury Hotel Design Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Luxury Hotel Design Market Size Forecast by Type
5.2.1 Interior Design
5.2.2 Building Design
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Luxury Hotel Design Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Luxury Hotel Design Market Size Forecast by Applications
6.2.1 New Hotels
6.2.2 Old Hotels
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Luxury Hotel Design Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Luxury Hotel Design Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Luxury Hotel Design Analysis and Forecast
9.1 Introduction
9.2 North America Luxury Hotel Design Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Luxury Hotel Design Market Size Forecast by Type
9.6.1 Interior Design
9.6.2 Building Design
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Luxury Hotel Design Market Size Forecast by Applications
9.10.1 New Hotels
9.10.2 Old Hotels
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Luxury Hotel Design Analysis and Forecast
10.1 Introduction
10.2 Europe Luxury Hotel Design Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Luxury Hotel Design Market Size Forecast by Type
10.6.1 Interior Design
10.6.2 Building Design
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Luxury Hotel Design Market Size Forecast by Applications
10.10.1 New Hotels
10.10.2 Old Hotels
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Luxury Hotel Design Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Luxury Hotel Design Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Luxury Hotel Design Market Size Forecast by Type
11.6.1 Interior Design
11.6.2 Building Design
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Luxury Hotel Design Market Size Forecast by Applications
11.10.1 New Hotels
11.10.2 Old Hotels
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Luxury Hotel Design Analysis and Forecast
12.1 Introduction
12.2 Latin America Luxury Hotel Design Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Luxury Hotel Design Market Size Forecast by Type
12.6.1 Interior Design
12.6.2 Building Design
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Luxury Hotel Design Market Size Forecast by Applications
12.10.1 New Hotels
12.10.2 Old Hotels
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Luxury Hotel Design Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Luxury Hotel Design Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Luxury Hotel Design Market Size Forecast by Type
13.6.1 Interior Design
13.6.2 Building Design
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Luxury Hotel Design Market Size Forecast by Applications
13.10.1 New Hotels
13.10.2 Old Hotels
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Luxury Hotel Design Market: Competitive Dashboard
14.2 Global Luxury Hotel Design Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HBA
14.3.2 Rockwell Group
14.3.3 Gensler
14.3.4 Wilson Associates
14.3.5 Leo A Daly
14.3.6 HKS
14.3.7 Pierre-Yves Rochon
14.3.8 ForrestPerkins | Perkins Eastman
14.3.9 Stonehill Taylor Architects
14.3.10 Daroff Design