Beach Hotels Market by Type, Service Type, and Occupants : Global Opportunity Analysis and Industry Forecast, 2022–2031

Beach Hotels Market by Type, Service Type, and Occupants : Global Opportunity Analysis and Industry Forecast, 2022–2031

  • February 2022 •
  • 290 pages •
  • Report ID: 6269705 •
  • Format: PDF
Beach Hotels Market by Type (Budget, Standard, and Premium), Service Type (Accommodation, Food & Beverage, and Others), and Occupants (Solo and Group): Global Opportunity Analysis and Industry Forecast, 2022–2031

Beach hotels are hotels that are positioned on or nearby the seashore or are sea-facing. Several beach resorts offer private beaches to their tourists with luxurious stay options. These are exceptionally popular among honeymoon couples and offer different activities, which include hiking and surfing, water sports, and biking with facilities, such as physical fitness spa services. Mental rejuvenation is one of the crucial benefits of beach resorts.
The inclination of travelers to choose peaceful areas rather than crowded places for vacations has increased the demand for beach hotels, which is expected to drive the market growth during the forecast period. On the other hand, increase in per capita income in developing countries, rise in purchasing power of people, surge in trend to travel in vacation, and discount options offered on online booking also drives the growth of beach hotels market. Investment in travel and tourism, both public and private, are required to maintain the sector’s continuous expansion. Building structures and facilities to expand capacity, maintain, and upgrade present infrastructure requires significant investment. However, places, such as India, China, Saudi Arabia, the United Arab Emirates, and others, have had great economic growth and a high rate of international tourist visitation in the recent years. As a result, these nations are focused on the construction of infrastructures such as highways, airports, and better hotels to meet the need of rising tourists in diverse segments.
The beach hotels market is driven by the growth of the travel & tourism industry. Increase in travel and tourism and rise in government initiatives to increase national & international tourism aid the growth of the travel & tourism industry and its supplementary industries, including the beach hotel market. The other factors that promote the growth of the beach hotels market include, rise in disposable income, change in lifestyle, and high penetration and acceptance rate of online reservation portals. Consumers in developing nations are more interested to stay at by the beach and other exotic hotels and resorts, which helps beach hotels gain appeal. On the other hand, beach hotels are working hard on their marketing activities, which is reflecting a good response from consumers. Hotels are providing attractive discounts, additional services, and complimentary stays, which are helpful to hotels and consumers, and also increase the number of bookings.
The beach hotels market is segmented on the basis of type, service type, occupants, and region. On the basis of type, the market is segmented into budget, standard, and premium. By service type, the market is segmented into accommodation, food & beverage, and others. On the basis of occupants, the market is segmented into solo and group. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, Sweden, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Indonesia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
According to the global beach hotels market analysis, market players have adopted various developmental strategies to expand their beach hotels market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Accor S.A, Four Seasons Hotels Ltd., Hilton Worldwide Holdings Inc., Hyatt Hotels Corporation, ITC Ltd., Marriott International, Inc., Omni Hotels & Resorts, Radisson Hospitality, Inc., Rancho La Puerta Inc., and The Indian Hotels Company Limited.

KEY MARKET SEGMENTS
• By Type
o Budget
o Standard
o Premium
• By Service Type
o Accommodation
o Food & Beverage
o Others
• By Occupants
o Solo
o Group
• By Region
o North America
U.S.
Canada
Mexico
o Europe
Germany
UK
France
Italy
Spain
Sweden
Rest of Europe
o Asia-Pacific
China
Japan
India
Australia
South Korea
Indonesia
Rest of Asia-Pacific
o LAMEA
Latin America
Middle East
Africa

The prominent players operating in this market are:
• Accor S.A
• Four Seasons Hotels Ltd.
• Hilton Worldwide Holdings Inc.
• Hyatt Hotels Corporation
• ITC Ltd.
• Marriott International, Inc.
• Omni Hotels & Resorts
• Radisson Hospitality, Inc.
• Rancho La Puerta Inc.
• The Indian Hotels Company Limited.