Boutique hotel refers to the small hotel having around 25 to 100 rooms and located in fashionable urban places. Of late, it has been witnessed that people prefer staying at naturally appealing destinations which provide a sense of calmness rather than crowded areas. Lack of corporate structure allows these hotels to provide more personalized services to customers. Further, these hotels also provide local food from native residents providing a realistic experience of living to customers.
This growth is primarily driven by Rapid Growth in Tourism Industry and Low Operational Costs.
Globally, a noticeable market trend is evident Rise in Number of Leisure Tourist. Major Vendors, such as Four Seasons Holdings Inc. (Canada), Kerzner International Resorts, Inc. (United States), ITC Hotels Limited (India), Mandarin Oriental International Limited (Hong Kong), InterContinental Hotels Group PLC (United Kingdom), Jumeirah International LLC (United Arab Emirates), Marriott International, Inc. (United States), Hilton Inc. (United States), Shangri-La International Hotel Management Ltd. (Hong Kong), Starwood Hotels & Resorts (United States), Hyatt Hotels (United States) and Wyndham Hotel Group, LLC (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Rapid Growth in Tourism Industry
- Low Operational Costs
- Rise in Number of Leisure Tourist
- Increasing Competitions from Chain Hotels
Growth in the Hospitality Industry and Increasing Inclination of Independent Property Owners
Selecting Location and Themes for Hotels
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Boutique Hotel Study Sheds Light on
The Boutique Hotel Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Boutique Hotel industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Boutique Hotel industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.