What is Luxury Pet Friendly Hotel?
Luxury Pet Friendly Hotels are hotels that provide a variety of amenities to pet owners. Pet owners can order gourmet room service menus for their pets at these hotels. Pet-friendly hotels provide specialized bedding, leashes, collars, and litter boxes, as well as special treats such as rawhide bones, catnip, and scratch poles, as well as useful amenities such as dog-walking route maps, water bowls, doggie pick-up bags, and pet-walking and pet-sitting services. There are also map services available, such as Google Maps and Dogalize Maps that can assist in locating pet-friendly hotels, restaurants, camping, shopping, parks, and beaches.
|Unit||Value (USD Million)|
|Key Companies Profiled||IHG (United Kingdom), Hilton (United States), Marriott International (United States), Loews Hotels (United States), Rosewood (United States), Hyatt (United States), Mandarin Oriental (United States), Dusit International (Thailand), La Quinta (United States) and Montage Hotel (United States)|
The study covers a detailed analysis segmented by key business segments i.e. by type (3 Star Hotel, 5 Star Hotel and Others) , by application (Pet Cat, Pet Dog and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Luxury Pet Friendly Hotel market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Luxury Pet Friendly Hotel market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are IHG (United Kingdom), Hilton (United States), Marriott International (United States), Loews Hotels (United States), Rosewood (United States), Hyatt (United States), Mandarin Oriental (United States), Dusit International (Thailand), La Quinta (United States) and Montage Hotel (United States).
On 2nd August 2021, Hilton Grand Vacations Inc. announced the completion of the previously announced acquisition of Diamond Resorts International, Inc. by funds managed by affiliates of Apollo Global Management, Inc. (along with its consolidated subsidiaries, Apollo), funds managed by Reverence Capital Partners (Reverence), and other Diamond stockholders. The acquisition creates the largest upper upscale and luxury timeshare operator in a stock-based transaction, with an equity value of approximately USD 1.4 billion.
The global Luxury Pet Friendly Hotel market has a moderate level of consolidation. The main players had the majority of the market share. Existing firmís adoption of new strategies has resulted in the market being dominated by a few players. The report titled, Pet Friendly Luxury Hotel Market boons an in-depth synopsis of the competitive landscape of the market globally, thus helping establishments understand the primary threats and prospects that vendors in the market are dealt with. It also incorporates thorough business profiles of some of the prime vendors in the market.
Pet Humanization Trend has led to increased Health Consciousness
- High Cost Associated with Luxury Pet Friendly Hotel
- High Level of Formality Associated With Commercialization Could Be a Key Stumbling Block to the Market's Expansion
Growing Availability of Luxury Pet Friendly Hotel on e-commerce Platforms
Key highlights of the Global Luxury Pet Friendly Hotel market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Luxury Pet Friendly Hotel market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Luxury Pet Friendly Hotel market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Luxury Pet Friendly Hotel Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Luxury Pet Friendly Hotel market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Luxury Pet Friendly Hotel market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Luxury Pet Friendly Hotel Distributors & Supplier, Venture Capitalists, Government Bodies, Corporate Entities, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.