The latest report on “Beach Hotels Market (Hotel Type – Standard, Premium, and Budget; Occupancy – Group Occupancy, and Solo Occupancy; Service Type – Food and Beverage, SPA, and Accommodation): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025.” The global beach hotels market is projected to grow at a CAGR of 3.4% over the forecast period of 2019-2025.
Ask for Sample Copy of Research Report with Table of Content @ https://www.infiniumglobalresearch.com/reports/sample-request/12980
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.
Rising Preferences for Traveling to Peaceful Areas Drive the Growth of the Beach Hotels Market
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.
Asia-Pacific Region Dominates the Global 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.
Browse Detailed TOC and Description of this Exclusive Report@ https://www.infiniumglobalresearch.com/consumer-goods-packaging/global-beach-hotels-market
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.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the beach hotels.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.