Global Beach Hotels Market Introduction and Overview
According to SPER Market Research, the Global Beach Hotels Market is estimated to reach USD 213.59 billion by 2033 with a CAGR of 4.21%.
The report includes an in-depth analysis of the Global Beach Hotels Market, including market size and trends, product mix, applications, and supplier analysis. Beach hotels provide visitors with the opportunity to relax in breathtaking coastal locations, making them an indispensable component of the hospitality industry. These lodgings offer a variety of features, such as spa services, swimming pools, water sports, and direct beach access, which makes them perfect for leisure and entertainment. Beach hotels, which cater to a variety of guests, including children, couples, and adventure seekers, frequently highlight distinctive experiences that heighten the pleasure of beachside getaways. Furthermore, a lot of establishments are emphasizing sustainability and eco-friendly operations more and more in an effort to draw in eco-aware visitors. Beach hotels continue to be well-liked travel locations due to its ability to provide guests with unforgettable stays in the sun, sand, and surf.
- September 2022; By the end of 2023, Marriott International plans to add 20 more properties around the Gulf region as part of its expansion into the Middle East.
- March 2022; By 2023, Hyatt Hotels plans to open 48 new locations around the Americas.
Market Opportunities and Challenges
Opportunities- Around the world, governments provide funding to the tourist sector so that it can build new infrastructure and encourage travel. In the past several years, the Indian government has initiated a program to encourage cleanliness, enhanced digital connectivity in and around tourist attractions, enhanced air connectivity to multiple areas, constructed infrastructure, and improved the hospitality sector overall. The continuous funding will be utilized by Brand USA and its partners to accelerate the return of foreign travel and expenditure, build demand, and restore traveller trust as limitations on international travel start to ease.
Challenges- There is a higher prevalence of ailments caused by mosquito bites in several coastal hotels. Given the current climate, where diseases like dengue and malaria are killing people, tourists steer clear of coastal hotels. In a similar vein, travellers are avoiding coastal hotels as vacation spots because of the possibility of typhoons and tsunamis. These elements are preventing the beach hotel business from growing globally. However, the high expense of beach hotel stays will prevent the market for beach hotels from expanding. In order to lessen negative consequences and ramifications related to the services provided by the mobile beach hotel sector, the government is stepping in and enforcing limitations. Governments from different major players in the world are developing strict restrictions that would hurt the market for beach hotels.
Market Competitive Landscape
The Global Beach Hotels Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Accor Hotels, Hilton Worldwide, Hyatt Hotels Corporation, InterContinental Hotels Group (IHG), Marriott International, Radisson Hotel Group, Ritz-Carlton, Others.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Occupants
|
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Accor Hotels, Hilton Worldwide, Hyatt Hotels Corporation, InterContinental Hotels Group (IHG), Marriott International, Radisson Hotel Group, Ritz-Carlton.
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COVID-19 Impact on Global Beach Hotels Market
The pandemic caused the countries to temporarily go into lockdown, which severely hampered the industry's and enterprises' operations. The vehicle business, which mostly involves outdoor jobs, has been poorly exposed to the issues that have resulted to a sharp fall in car sales. Additionally, the market's growth was hindered by the supply chain market's instability, which was primarily caused by the closing of international and national borders and the adherence to the choice to avoid using items made in China. Nonetheless, the notable increase in automobile sales to restrict the use of public and congested areas could have a favorable impact on the market's expansion in the years to come.
Key Target Audience:
- Leisure Travelers
- Couples
- Adventure Tourists
- Business Travelers
- Eco-Tourists
- Wellness Seekers
- Destination Wedding Parties
- Group Travelers
- Traveling Millennials
- Gen Z Travelers
Our in-depth analysis of the Global Beach Hotels Market includes the following segments:
| By Type: | StandardPremiumBudgetOthers |
| By Occupants: | Solo GroupOthers |
Key Topics Covered in the Report:
- Global Beach Hotels Market Size (FY’2024-FY’2033)
- Overview of Global Beach Hotels Market
- Segmentation of Global Beach Hotels Market By Type (Standard, Premium, Budget, Others)
- Segmentation of Global Beach Hotels Market By Occupants (Solo, Group, Others)
- Statistical Snap of Global Beach Hotels Market
- Expansion Analysis of Global Beach Hotels Market
- Problems and Obstacles in Global Beach Hotels Market
- Competitive Landscape in the Global Beach Hotels Market
- Impact of COVID-19 and Demonetization on Global Beach Hotels Market
- Details on Current Investment in Global Beach Hotels Market
- Competitive Analysis of Global Beach Hotels Market
- Prominent Players in the Global Beach Hotels Market
- SWOT Analysis of Global Beach Hotels Market
- Global Beach Hotels Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Beach Hotels Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Beach Hotels Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Beach Hotels Market
7. Global Beach Hotels Market, By Type (USD Million) 2020-2033
7.1. Global Beach Hotels Market Size, Share and Forecast, By Type, 2020-2026
7.2. Global Beach Hotels Market Size, Share and Forecast, By Type, 2027-2033
7.3. Standard
7.4. Premium
7.5. Budget
7.6. Others
8. Global Beach Hotels Market, By Occupants (USD Million) 2020-2033
8.1. Global Beach Hotels Market Size, Share and Forecast, By Occupants, 2020-2026
8.2. Global Beach Hotels Market Size, Share and Forecast, By Occupants, 2027-2033
8.3. Solo
8.4. Group
8.5. Others
9. Global Beach Hotels Market Forecast, 2020-2033 (USD Million)
9.1. Global Beach Hotels Market Size and Market Share
10. Global Beach Hotels Market, By Region, 2020-2033 (USD Million)
10.1. Global Beach Hotels Market Size and Market Share By Region (2020-2026)
10.2. Global Beach Hotels Market Size and Market Share By Region (2027-2033)
10.3. Asia-Pacific
10.3.1. Australia
10.3.2. China
10.3.3. India
10.3.4. Japan
10.3.5. South Korea
10.3.6. Rest of Asia-Pacific
10.4. Europe
10.4.1. France
10.4.2. Germany
10.4.3. Italy
10.4.4. Spain
10.4.5. United Kingdom
10.4.6. Rest of Europe
10.5. Middle East and Africa
10.5.1. Kingdom of Saudi Arabia
10.5.2. United Arab Emirates
10.5.3. Qatar
10.5.4. South Africa
10.5.5. Egypt
10.5.6. Morocco
10.5.7. Nigeria
10.5.8. Rest of Middle-East and Africa
10.6. North America
10.6.1. Canada
10.6.2. Mexico
10.6.3. United States
10.7. Latin America
10.7.1. Argentina
10.7.2. Brazil
10.7.3. Rest of Latin America
11. Company Profile
11.1. Accor Hotels
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Hilton Worldwide
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Hyatt Hotels Corporation
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. InterContinental Hotels Group (IHG)
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Marriott International
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Radisson Hotel Group
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Ritz-Carlton (Marriott International)
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Shangri-La Hotels and Resorts
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Starwood Hotels & Resorts (Marriott International)
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links