A recent report published by Infinium Global Research on beach
hotels market provides in-depth analysis of segments and sub-segments in the
global as well as regional beach hotels market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
beach hotels market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global
beach hotels market. According to the report, the global beach hotels market is
projected to grow at a CAGR of 3.4% over the forecast period of 2019-2025.
Major players in the beach hotels market are focusing on mergers
and acquisitions to expand their business. For instance, in 2018, AccorHotels
signed an agreement with Mövenpick Holding and Kingdom Holding to acquire
Mövenpick Hotels and Resorts. Mövenpick Hotels and Resorts is existing in 27
countries with a footprint of 84 hotels. Also, in 2018, Wyndham Hotels &
Resorts acquired La Quinta Holding’s hotel franchising and hotel management
business.
The rising preferences for traveling to peaceful areas drive the
growth of the beach hotels market. The increasing number of destination
weddings near beach areas contribute to the growth of beach hotels. Factors
such as rising disposable income, enhanced standard of living, and availability
of discounts on online bookings stimulate the growth of the beach hotels
market. Nowadays people are often choosing beach destinations for holiday
traveling with family and friends. The rising travel and tourism industry
boosts the growth of the beach hotels market. Often the demand for beach hotels
is high during Christmas and New Year. On the other hand, high costs associated
with the stays at beach hotels restraints the growth of the beach hotels
market. Moreover, rising investment in research and development to innovate new
attractive infrastructure creates new opportunities for the growth of the beach
hotels market.
Geographically, the global beach hotels market is divided into
North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific
region dominates the global beach hotels market. The growing tourism industry
in the Asia-Pacific region promotes the growth of the beach hotels market in
the Asia-Pacific region. North America is anticipated to grow in the global
beach hotels market with a healthy CAGR over the forecast period. The
increasing demand for scuba diving and cruise trips in North America contribute
to the growth of the beach hotels market. Europe is also growing in the global
beach hotels market.
The report on global beach hotels market covers segments such as
hotel type, occupancy, and service type. On the basis of hotel type, the
sub-markets include standard, premium, and budget. On the basis of occupancy,
the sub-markets include group occupancy, and solo occupancy. On the basis of
service type, the sub-markets include food and beverage, SPA, and
accommodation.
The report provides profiles of the companies in the market such
as The Indian Hotels Company Limited, Marriott International, Accor S.A.,
Shangri-La International Hotel Management Limited, Hyatt Hotels Corporation,
ITC Limited, Four Seasons Hotels and Resorts, InterContinental Hotels Group
Plc, Hilton Worldwide Holdings Inc., Wyndham Destinations, and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of beach hotels
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.
Please Choose One of them.