About Underwater Hotels
Water tourism development around the world is focusing on underwater hotels. The hotel's main construction is a plexiglass dome reinforced with concrete and steel to withstand the underwater pressures. Companies that own underwater hotels are embarking on ambitious projects. For hotels all throughout the world, they're becoming a new passion. Underwater hotels are becoming increasingly popular in Dubai and Sweden. The cost of staying in an underwater hotel is high, but it is well worth it. Underwater hotels offer tourists a variety of intense water sports activities, both motorized and non-motorized, in addition to the captivating ambiance. Tourists can drive a submarine through the lagoons themselves. Underwater hotels offer water tourism activities such as canoeing, diving, fishing, and snorkelling.
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The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United Arab Emirates Vendors will contribute the maximum growth to Global Underwater Hotels market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The Apeiron Island Hotel (United Arab Emirates), Water Discus Hotel (United Arab Emirates), The Lifeboat Hotel (United Kingdom), The Shimao Wonderland (China), Jules’Undersea Lodge (United States), Huvafen Fushi Maldives (South Asia), Utter Inn (Sweden), The Manta Resort (East Africa), Hydropolis (Poland), Hilton (United States) and The Poseidon Underwater Resort (Oceania) are some of the key players that are part of study coverage.
AMA Research has segmented the market of Global Underwater Hotels market by Type (General and Luxury), Application (Travelers, Business Customers, Government and Others) and Region.
On the basis of geography, the market of Underwater Hotels has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Accommodation types, the sub-segment i.e. Floating will boost the Underwater Hotels market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In March 2022 - AD Ports Group continues its diversification with the acquisition of Divetech Marine Engineering Services, a UAE-based topside-subsea solutions provider that offers a range of services including installation, inspection, repair, and maintenance for ports and other underwater organizations.
In December 2021 - InterContinental Shanghai Wonderland started the five-star hotel built in an abandoned quarry about 30 kilometers from Shanghai. Designed by Atkins, the same firm that gave us the Burj Al Arab Hotel in Dubai, InterContinental Shanghai Wonderland took ten years to build because of the engineering challenges of the project.
- Increasing the tourism and travel industry
- Increasing the consumer events spending on underwater hotel events
- Increasing the spending on the tourism and travel industry
- Moveable underwater hotel in the submarines is the bigger opportunity for the underwater hotel industry
- Underwater hotels can only be developed with the help of government support in the respective region
- The initial cost of development of an underwater hotel is high
Key Target AudienceUnderwater HotelManufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as The Apeiron Island Hotel (United Arab Emirates), Water Discus Hotel (United Arab Emirates), The Lifeboat Hotel (United Kingdom), The Shimao Wonderland (China), Jules’Undersea Lodge (United States), Huvafen Fushi Maldives (South Asia), Utter Inn (Sweden), The Manta Resort (East Africa), Hydropolis (Poland), Hilton (United States) and The Poseidon Underwater Resort (Oceania) etc.
2. Can we have customized study for Underwater Hotels Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What trending factors would impact Underwater Hotels Market growth most?
"Increasing the providing facilities in underwater for Entertainment and adventure" is seen as one of major influencing trends for Underwater Hotels Market during projected period 2021-2027.