Market Overview:
The global hospitality architecture design market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for hotels, especially in the Asia Pacific region. The outdoor segment is expected to dominate the market during the forecast period, owing to the growing trend of open-air hotel designs and resorts. The business hotels segment is projected to be the fastest-growing application segment during the forecast period, owing to rising demand for luxury and boutique hotels across regions.
Product Definition:
Hospitality architecture design is the process and art of designing buildings, interiors, and spaces for hospitality purposes. This includes hotels, resorts, spas, restaurants, theme parks and other entertainment venues. The goal of hospitality architecture design is to create an environment that encourages guests to relax and enjoy their experience.
Outdoor:
Outdoor is the new term in hospitality architecture design and it's growth factor is increasing with time. Hospitality industry has been growing rapidly over the world, especially in developing countries like India, China and Brazil. The key drivers of this market are increasing disposable income of people along with rapid urbanization.
Outdoor can be used for various applications such as restaurants, cafes, hotels or even public spaces like plazas and walkways etc.
Indoor:
Indoor is the part of outdoor space in a building or within a facility, which can be used for various activities such as playing, working, studying and socializing. Indoor area is utilized by the hospitality architects to design waiting areas, restaurants and other recreational spaces. The indoor area also includes hotel rooms where the designer uses natural light as an important element to create an attractive atmosphere by using windows with appropriate size & shape along with proper location.
Application Insights:
The business hotels segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the increasing number of corporate travelers and need for lodging during travel events such as exhibitions and conferences. Furthermore, a surge in demand for luxury hotel construction across the globe is expected to drive industry growth over the forecast period.
Casino hotels are projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising gaming population globally coupled with government initiatives promoting tourism at gambling resorts. For instance, Nevada Gaming Control Board promotes tourism by offering tax incentives worth more than USD 10 million on each casino floor it builds which is likely propel industry expansion over next seven years especially in Las Vegas where there are numerous operating casinos offering more than 3,000 slot machines among them Wynn Resorts Ltd., Bellagio MGM Resort Inc., and Mirage Resorts Inc.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being the most developed economy, has more options for travelers when it comes to choosing a place to stay while traveling across different cities. As a result, business hotels are expected to witness significant growth over the forecast period in North America as compared to other regions.
Asia Pacific is projected to be one of the fastest-growing markets during the forecast period owing to increasing number of construction projects and investments by international hotel chains in this region. For instance, InterContinental Hotels Group plc.
Growth Factors:
- Increasing demand for hotel rooms owing to rise in tourism
- Rapid growth of the hospitality sector in developing countries
- Proliferation of budget hotels and resorts across the world
- Emergence of new design trends in hospitality architecture
- Growing focus on energy-efficiency and sustainability in design
Scope Of The Report
Report Attributes
Report Details
Report Title
Hospitality Architecture Design Market Research Report
By Type
Outdoor, Indoor
By Application
Business Hotels, Airport Hotels, Casino Hotels
By Companies
Gensler, Perkins+Will, HKS, Perkins Eastman, IBI Group, NELSON Worldwide, Corgan, ZGF Architects, NBBJ, Kohn Pedersen Fox, Interior Architects, HMC Architects, Elkus Manfredi Architects, KTGY Architecture + Planning, Cooper Carry, Studios Architecture, WATG
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Hospitality Architecture Design Market Report Segments:
The global Hospitality Architecture Design market is segmented on the basis of:
Types
Outdoor, Indoor
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
Business Hotels, Airport Hotels, Casino 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:
- Gensler
- Perkins+Will
- HKS
- Perkins Eastman
- IBI Group
- NELSON Worldwide
- Corgan
- ZGF Architects
- NBBJ
- Kohn Pedersen Fox
- Interior Architects
- HMC Architects
- Elkus Manfredi Architects
- KTGY Architecture + Planning
- Cooper Carry
- Studios Architecture
- WATG
Highlights of The Hospitality Architecture 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:
- Outdoor
- Indoor
- By Application:
- Business Hotels
- Airport Hotels
- Casino 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 Hospitality Architecture 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?
Hospitality Architecture Design is the design of spaces that are used for hospitality purposes. This can include hotels, restaurants, resorts, and other types of venues. Hospitality Architecture Design can involve a variety of elements, including layout planning and design concepts, furniture selection and placement, lighting fixtures and color schemes, signage and graphics installation, as well as soundproofing measures.
Some of the major companies in the hospitality architecture design market are Gensler, Perkins+Will, HKS, Perkins Eastman, IBI Group, NELSON Worldwide, Corgan, ZGF Architects, NBBJ, Kohn Pedersen Fox, Interior Architects, HMC Architects, Elkus Manfredi Architects, KTGY Architecture + Planning, Cooper Carry, Studios Architecture, WATG.
The hospitality architecture design market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hospitality Architecture 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 Hospitality Architecture Design Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hospitality Architecture 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 Hospitality Architecture 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 Hospitality Architecture Design Market Size & Forecast, 2018-2028
4.5.1 Hospitality Architecture Design Market Size and Y-o-Y Growth
4.5.2 Hospitality Architecture Design Market Absolute $ Opportunity
Chapter 5 Global Hospitality Architecture 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 Hospitality Architecture Design Market Size Forecast by Type
5.2.1 Outdoor
5.2.2 Indoor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hospitality Architecture 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 Hospitality Architecture Design Market Size Forecast by Applications
6.2.1 Business Hotels
6.2.2 Airport Hotels
6.2.3 Casino Hotels
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hospitality Architecture 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 Hospitality Architecture 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 Hospitality Architecture Design Analysis and Forecast
9.1 Introduction
9.2 North America Hospitality Architecture 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 Hospitality Architecture Design Market Size Forecast by Type
9.6.1 Outdoor
9.6.2 Indoor
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 Hospitality Architecture Design Market Size Forecast by Applications
9.10.1 Business Hotels
9.10.2 Airport Hotels
9.10.3 Casino 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 Hospitality Architecture Design Analysis and Forecast
10.1 Introduction
10.2 Europe Hospitality Architecture 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 Hospitality Architecture Design Market Size Forecast by Type
10.6.1 Outdoor
10.6.2 Indoor
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 Hospitality Architecture Design Market Size Forecast by Applications
10.10.1 Business Hotels
10.10.2 Airport Hotels
10.10.3 Casino 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 Hospitality Architecture Design Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hospitality Architecture 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 Hospitality Architecture Design Market Size Forecast by Type
11.6.1 Outdoor
11.6.2 Indoor
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 Hospitality Architecture Design Market Size Forecast by Applications
11.10.1 Business Hotels
11.10.2 Airport Hotels
11.10.3 Casino 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 Hospitality Architecture Design Analysis and Forecast
12.1 Introduction
12.2 Latin America Hospitality Architecture 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 Hospitality Architecture Design Market Size Forecast by Type
12.6.1 Outdoor
12.6.2 Indoor
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 Hospitality Architecture Design Market Size Forecast by Applications
12.10.1 Business Hotels
12.10.2 Airport Hotels
12.10.3 Casino 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) Hospitality Architecture Design Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hospitality Architecture 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) Hospitality Architecture Design Market Size Forecast by Type
13.6.1 Outdoor
13.6.2 Indoor
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) Hospitality Architecture Design Market Size Forecast by Applications
13.10.1 Business Hotels
13.10.2 Airport Hotels
13.10.3 Casino 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 Hospitality Architecture Design Market: Competitive Dashboard
14.2 Global Hospitality Architecture Design Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gensler
14.3.2 Perkins+Will
14.3.3 HKS
14.3.4 Perkins Eastman
14.3.5 IBI Group
14.3.6 NELSON Worldwide
14.3.7 Corgan
14.3.8 ZGF Architects
14.3.9 NBBJ
14.3.10 Kohn Pedersen Fox
14.3.11 Interior Architects
14.3.12 HMC Architects
14.3.13 Elkus Manfredi Architects
14.3.14 KTGY Architecture + Planning
14.3.15 Cooper Carry
14.3.16 Studios Architecture
14.3.17 WATG
