Market Overview:
The global hotel gift cards 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 hotel gift cards from various applications such as holiday packages, bar & spa services, meeting & events, sports activities, travel & transportation and others. Additionally, the growing popularity of online gifting is also propelling the growth of this market. Based on type, the global hotel gift cards market can be segmented into high (above 3,000 US$), medium (1,000-3,000 US$) and low (0-1,000 US$) categories. Among these types segments high category held a dominant share in 2017 and is projected to maintain its dominance during the forecast period as well. This can be attributed to their growing popularity among consumers owing to their exclusive benefits such as discounts and privileges over other types of gift cards available in the market. Regionally speaking North America dominated this market with a lion’s share in 2017 followed by Europe.
Product Definition:
A hotel gift card is a prepaid card that can be used at any hotel that accepts it. They are often given as gifts, and can be used for room reservations, food, drinks, and other services. Hotel gift cards are generally accepted at most major hotels around the world.
High (Above 3,000 US$):
High (above US$ 3,000) value gift cards are expected to witness significant growth in the hotel gift card market over the forecast period. The primary factor attributed to this growth is increased consumer preference for personalized and unique gifts. Furthermore, high-value cards offer benefits such as luxury travel or spa treatments at hotels which are expected to drive demand for high-value hotel gift cards in near future.
Medium (1,000-3,000 US$):
The global hotel gift card market is expected to witness significant growth over the forecast period. The primary factor driving this industry's growth is increasing consumer preference for personalized and unique presents. Hotel gift cards are increasingly being used as a present idea for all occasions, big & small, and are becoming an essential part of the hospitality sector's marketing strategy.
Application Insights:
The holiday packages segment held the largest share of over 40.0% in 2017. This is attributed to the increasing number of leisure travelers and package tourists, especially from Asia Pacific and European countries. Furthermore, a rise in honeymooners is expected to drive demand for hotel gift cards during holidays. The sports activities segment is anticipated to witness significant growth over the forecast period owing to rising participation in sports by individuals as well as corporates across various regions including North America, Europe, Asia Pacific and Latin America. For instance; according to a study published by Lifestyle Sports Group LLP.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a significant growth rate of 5.9% over the forecast period, owing to increasing demand for gift cards from consumers and businesses. Rising consumer preference for electronic gift cards as a payment method due to convenience and flexibility is one of the major factors driving regional growth. Furthermore, rising adoption of mobile payments in North America has encouraged consumers to make more frequent purchases using their phones rather than having cash on hand or using credit/debit cards; this trend will continue driving demand over the next seven years.
Asia Pacific hotel gift card market is expected to grow at an exponential rate during the forecast period owing to rapid urbanization.
Growth Factors:
- Increasing demand for hotel gift cards from the corporate sector as a gifting option during special occasions such as Christmas, New Year, and employee appreciation days.
- Growing popularity of experiential gifts among consumers, which is driving them to purchase hotel gift cards instead of traditional gift items such as clothes or gadgets.
- Proliferation of online platforms that offer hotel gift cards at discounted prices, thereby making it easier for consumers to buy these cards without having to leave their homes.
- Rising number of tourists who are looking for convenient ways to book hotels and avail other related services while on vacation or business trips abroad.
- Increased focus by hotels on marketing their gift card programs through various channels such as social media, email marketing campaigns, and targeted ads
Scope Of The Report
Report Attributes
Report Details
Report Title
Hotel Gift Cards Market Research Report
By Type
High (Above 3,000 US$), Medium (1,000-3,000 US$), Low (0-1,000 US$)
By Application
Holiday Packages, Bar & Spa Services, Meeting & Events, Sports Activities, Travel & Transportation, Others
By Companies
Blackhawk Network Holdings, MakeMyTrip Limited, Avani Hotels & Resorts, Anantara Hotels, Resorts & Spas, Travelgift.cards, Toga Far East Hotels, Accor, Expedia Group, Arp-Hansen Hotel, Valencia Hotel Group, FabHotels, Taj Hotels, Qwikcilver Solutions
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Hotel Gift Cards Market Report Segments:
The global Hotel Gift Cards market is segmented on the basis of:
Types
High (Above 3,000 US$), Medium (1,000-3,000 US$), Low (0-1,000 US$)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Holiday Packages, Bar & Spa Services, Meeting & Events, Sports Activities, Travel & Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Blackhawk Network Holdings
- MakeMyTrip Limited
- Avani Hotels & Resorts
- Anantara Hotels, Resorts & Spas
- Travelgift.cards
- Toga Far East Hotels
- Accor
- Expedia Group
- Arp-Hansen Hotel
- Valencia Hotel Group
- FabHotels
- Taj Hotels
- Qwikcilver Solutions
Highlights of The Hotel Gift Cards Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High (Above 3,000 US$)
- Medium (1,000-3,000 US$)
- Low (0-1,000 US$)
- By Application:
- Holiday Packages
- Bar & Spa Services
- Meeting & Events
- Sports Activities
- Travel & Transportation
- Others
- 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 Hotel Gift Cards 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.
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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?
Hotel gift cards are a great way to give someone a gift that they can use when they stay at a hotel. They can be used for anything from room service to parking.
Some of the key players operating in the hotel gift cards market are Blackhawk Network Holdings, MakeMyTrip Limited, Avani Hotels & Resorts, Anantara Hotels, Resorts & Spas, Travelgift.cards, Toga Far East Hotels, Accor, Expedia Group, Arp-Hansen Hotel, Valencia Hotel Group, FabHotels, Taj Hotels, Qwikcilver Solutions.
The hotel gift cards market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hotel Gift Cards 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 Hotel Gift Cards Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hotel Gift Cards 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 Hotel Gift Cards 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 Hotel Gift Cards Market Size & Forecast, 2018-2028
4.5.1 Hotel Gift Cards Market Size and Y-o-Y Growth
4.5.2 Hotel Gift Cards Market Absolute $ Opportunity
Chapter 5 Global Hotel Gift Cards 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 Hotel Gift Cards Market Size Forecast by Type
5.2.1 High (Above 3
5.2.2 000 US$)
5.2.3 Medium (1
5.2.4 000-3
5.2.5 000 US$)
5.2.6 Low (0-1
5.2.7 000 US$)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hotel Gift Cards 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 Hotel Gift Cards Market Size Forecast by Applications
6.2.1 Holiday Packages
6.2.2 Bar & Spa Services
6.2.3 Meeting & Events
6.2.4 Sports Activities
6.2.5 Travel & Transportation
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hotel Gift Cards 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 Hotel Gift Cards 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 Hotel Gift Cards Analysis and Forecast
9.1 Introduction
9.2 North America Hotel Gift Cards 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 Hotel Gift Cards Market Size Forecast by Type
9.6.1 High (Above 3
9.6.2 000 US$)
9.6.3 Medium (1
9.6.4 000-3
9.6.5 000 US$)
9.6.6 Low (0-1
9.6.7 000 US$)
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 Hotel Gift Cards Market Size Forecast by Applications
9.10.1 Holiday Packages
9.10.2 Bar & Spa Services
9.10.3 Meeting & Events
9.10.4 Sports Activities
9.10.5 Travel & Transportation
9.10.6 Others
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 Hotel Gift Cards Analysis and Forecast
10.1 Introduction
10.2 Europe Hotel Gift Cards 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 Hotel Gift Cards Market Size Forecast by Type
10.6.1 High (Above 3
10.6.2 000 US$)
10.6.3 Medium (1
10.6.4 000-3
10.6.5 000 US$)
10.6.6 Low (0-1
10.6.7 000 US$)
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 Hotel Gift Cards Market Size Forecast by Applications
10.10.1 Holiday Packages
10.10.2 Bar & Spa Services
10.10.3 Meeting & Events
10.10.4 Sports Activities
10.10.5 Travel & Transportation
10.10.6 Others
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 Hotel Gift Cards Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hotel Gift Cards 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 Hotel Gift Cards Market Size Forecast by Type
11.6.1 High (Above 3
11.6.2 000 US$)
11.6.3 Medium (1
11.6.4 000-3
11.6.5 000 US$)
11.6.6 Low (0-1
11.6.7 000 US$)
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 Hotel Gift Cards Market Size Forecast by Applications
11.10.1 Holiday Packages
11.10.2 Bar & Spa Services
11.10.3 Meeting & Events
11.10.4 Sports Activities
11.10.5 Travel & Transportation
11.10.6 Others
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 Hotel Gift Cards Analysis and Forecast
12.1 Introduction
12.2 Latin America Hotel Gift Cards 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 Hotel Gift Cards Market Size Forecast by Type
12.6.1 High (Above 3
12.6.2 000 US$)
12.6.3 Medium (1
12.6.4 000-3
12.6.5 000 US$)
12.6.6 Low (0-1
12.6.7 000 US$)
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 Hotel Gift Cards Market Size Forecast by Applications
12.10.1 Holiday Packages
12.10.2 Bar & Spa Services
12.10.3 Meeting & Events
12.10.4 Sports Activities
12.10.5 Travel & Transportation
12.10.6 Others
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) Hotel Gift Cards Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hotel Gift Cards 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) Hotel Gift Cards Market Size Forecast by Type
13.6.1 High (Above 3
13.6.2 000 US$)
13.6.3 Medium (1
13.6.4 000-3
13.6.5 000 US$)
13.6.6 Low (0-1
13.6.7 000 US$)
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) Hotel Gift Cards Market Size Forecast by Applications
13.10.1 Holiday Packages
13.10.2 Bar & Spa Services
13.10.3 Meeting & Events
13.10.4 Sports Activities
13.10.5 Travel & Transportation
13.10.6 Others
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 Hotel Gift Cards Market: Competitive Dashboard
14.2 Global Hotel Gift Cards Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Blackhawk Network Holdings
14.3.2 MakeMyTrip Limited
14.3.3 Avani Hotels & Resorts
14.3.4 Anantara Hotels, Resorts & Spas
14.3.5 Travelgift.cards
14.3.6 Toga Far East Hotels
14.3.7 Accor
14.3.8 Expedia Group
14.3.9 Arp-Hansen Hotel
14.3.10 Valencia Hotel Group
14.3.11 FabHotels
14.3.12 Taj Hotels
14.3.13 Qwikcilver Solutions
