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Dubai Holding LLC
Farmhouse Inn
Four Seasons Hotels Ltd.
Hilton Worldwide Holdings Inc.
Hyatt Hotels Corp.
InterContinental Hotels Group Plc
ITC Ltd.
Kerzner International Ltd.
Mandarin Oriental International Ltd.
Marriott International Inc.
Shangri La Asia Ltd.
The Indian Hotel Co. Ltd.
The Pod Pte Ltd.
The Travel Corp.
Triple Creek Ranch
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The boutique hotels market is forecasted to grow by USD 11358.5 million during 2024-2029, accelerating at a CAGR of 7.1% during the forecast period. The report on the boutique hotels market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expanding tourism industry, rapid adoption of online booking of boutique hotels, and increased social media users.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 6.5%
CAGR 7.1%
Incremental Value $11358.5 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's boutique hotels market is segmented as below:
By Type
Business hotels
Suite hotels
Airport hotels
Resort hotels
By Channel
Online booking
In-person booking
By Service Type
Luxury boutique hotels
Budget boutique hotels
Family-friendly boutique hotels
Adults-only boutique hotels
By Geographical Landscape
North America
Europe
APAC
South America
Middle East and Africa
This study identifies the unique and authentic experience of boutique hotels as one of the prime reasons driving the boutique hotels market growth during the next few years. Also, rising demand for wellness-focused amenities and integration of local culture in boutique hotels will lead to sizable demand in the market.
The report on the boutique hotels market covers the following areas:
Boutique Hotels Market sizing
Boutique Hotels Market forecast
Boutique Hotels Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading boutique hotels market vendors that include Dubai Holding LLC, Farmhouse Inn, Four Seasons Hotels Ltd., Hilton Worldwide Holdings Inc., Hyatt Hotels Corp., InterContinental Hotels Group PLC, ITC Ltd., Kerzner International Ltd., Koyasan guesthouse Kokuu, Mandarin Oriental International Ltd., Marriott International Inc., Shangri La Asia Ltd., The Indian Hotel Co. Ltd., The Pod Pte Ltd., The Travel Corp., Triple Creek Ranch, and Yotel Ltd.. Also, the boutique hotels market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Channel
Executive Summary - Chart on Market Segmentation by Service Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Boutique Hotels Market 2019 - 2023
Historic Market Size - Data Table on Global Boutique Hotels Market 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 Channel segment analysis 2019 - 2023
Historic Market Size - Channel Segment 2019 - 2023 ($ million)
5.4 Service Type segment analysis 2019 - 2023
Historic Market Size - Service Type Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Global Boutique Hotels Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Business hotels - Market size and forecast 2024-2029
Chart on Business hotels - Market size and forecast 2024-2029 ($ million)
Data Table on Business hotels - Market size and forecast 2024-2029 ($ million)
Chart on Business hotels - Year-over-year growth 2024-2029 (%)
Data Table on Business hotels - Year-over-year growth 2024-2029 (%)
8.4 Suite hotels - Market size and forecast 2024-2029
Chart on Suite hotels - Market size and forecast 2024-2029 ($ million)
Data Table on Suite hotels - Market size and forecast 2024-2029 ($ million)
Chart on Suite hotels - Year-over-year growth 2024-2029 (%)
Data Table on Suite hotels - Year-over-year growth 2024-2029 (%)
8.5 Airport hotels - Market size and forecast 2024-2029
Chart on Airport hotels - Market size and forecast 2024-2029 ($ million)
Data Table on Airport hotels - Market size and forecast 2024-2029 ($ million)
Chart on Airport hotels - Year-over-year growth 2024-2029 (%)
Data Table on Airport hotels - Year-over-year growth 2024-2029 (%)
8.6 Resort hotels - Market size and forecast 2024-2029
Chart on Resort hotels - Market size and forecast 2024-2029 ($ million)
Data Table on Resort hotels - Market size and forecast 2024-2029 ($ million)
Chart on Resort hotels - Year-over-year growth 2024-2029 (%)
Data Table on Resort hotels - Year-over-year growth 2024-2029 (%)
8.7 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Channel
9.1 Market segments
Chart on Channel - Market share 2024-2029 (%)
Data Table on Channel - Market share 2024-2029 (%)
9.2 Comparison by Channel
Chart on Comparison by Channel
Data Table on Comparison by Channel
9.3 Online booking - Market size and forecast 2024-2029
Chart on Online booking - Market size and forecast 2024-2029 ($ million)
Data Table on Online booking - Market size and forecast 2024-2029 ($ million)
Chart on Online booking - Year-over-year growth 2024-2029 (%)
Data Table on Online booking - Year-over-year growth 2024-2029 (%)
9.4 In-person booking - Market size and forecast 2024-2029
Chart on In-person booking - Market size and forecast 2024-2029 ($ million)
Data Table on In-person booking - Market size and forecast 2024-2029 ($ million)
Chart on In-person booking - Year-over-year growth 2024-2029 (%)
Data Table on In-person booking - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Channel
Market opportunity by Channel ($ million)
Data Table on Market opportunity by Channel ($ million)
10 Market Segmentation by Service Type
10.1 Market segments
Chart on Service Type - Market share 2024-2029 (%)
Data Table on Service Type - Market share 2024-2029 (%)
10.2 Comparison by Service Type
Chart on Comparison by Service Type
Data Table on Comparison by Service Type
10.3 Luxury boutique hotels - Market size and forecast 2024-2029
Chart on Luxury boutique hotels - Market size and forecast 2024-2029 ($ million)
Data Table on Luxury boutique hotels - Market size and forecast 2024-2029 ($ million)
Chart on Luxury boutique hotels - Year-over-year growth 2024-2029 (%)
Data Table on Luxury boutique hotels - Year-over-year growth 2024-2029 (%)
10.4 Budget boutique hotels - Market size and forecast 2024-2029
Chart on Budget boutique hotels - Market size and forecast 2024-2029 ($ million)
Data Table on Budget boutique hotels - Market size and forecast 2024-2029 ($ million)
Chart on Budget boutique hotels - Year-over-year growth 2024-2029 (%)
Data Table on Budget boutique hotels - Year-over-year growth 2024-2029 (%)
10.5 Family-friendly boutique hotels - Market size and forecast 2024-2029
Chart on Family-friendly boutique hotels - Market size and forecast 2024-2029 ($ million)
Data Table on Family-friendly boutique hotels - Market size and forecast 2024-2029 ($ million)
Chart on Family-friendly boutique hotels - Year-over-year growth 2024-2029 (%)
Data Table on Family-friendly boutique hotels - Year-over-year growth 2024-2029 (%)
10.6 Adults-only boutique hotels - Market size and forecast 2024-2029
Chart on Adults-only boutique hotels - Market size and forecast 2024-2029 ($ million)
Data Table on Adults-only boutique hotels - Market size and forecast 2024-2029 ($ million)
Chart on Adults-only boutique hotels - Year-over-year growth 2024-2029 (%)
Data Table on Adults-only boutique hotels - Year-over-year growth 2024-2029 (%)
10.7 Market opportunity by Service Type
Market opportunity by Service Type ($ million)
Data Table on Market opportunity by Service Type ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.10 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.11 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.12 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.13 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.14 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.15 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
12.16 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.17 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ million)
Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
15.2 Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 Dubai Holding LLC
Dubai Holding LLC - Overview
Dubai Holding LLC - Product / Service
Dubai Holding LLC - Key offerings
SWOT
15.5 Farmhouse Inn
Farmhouse Inn - Overview
Farmhouse Inn - Product / Service
Farmhouse Inn - Key offerings
SWOT
15.6 Four Seasons Hotels Ltd.
Four Seasons Hotels Ltd. - Overview
Four Seasons Hotels Ltd. - Product / Service
Four Seasons Hotels Ltd. - Key offerings
SWOT
15.7 Hilton Worldwide Holdings Inc.
Hilton Worldwide Holdings Inc. - Overview
Hilton Worldwide Holdings Inc. - Business segments
Hilton Worldwide Holdings Inc. - Key offerings
Hilton Worldwide Holdings Inc. - Segment focus
SWOT
15.8 Hyatt Hotels Corp.
Hyatt Hotels Corp. - Overview
Hyatt Hotels Corp. - Business segments
Hyatt Hotels Corp. - Key offerings
Hyatt Hotels Corp. - Segment focus
SWOT
15.9 InterContinental Hotels Group Plc
InterContinental Hotels Group Plc - Overview
InterContinental Hotels Group Plc - Product / Service
InterContinental Hotels Group Plc - Key offerings
SWOT
15.10 ITC Ltd.
ITC Ltd. - Overview
ITC Ltd. - Business segments
ITC Ltd. - Key news
ITC Ltd. - Key offerings
ITC Ltd. - Segment focus
SWOT
15.11 Kerzner International Ltd.
Kerzner International Ltd. - Overview
Kerzner International Ltd. - Product / Service
Kerzner International Ltd. - Key offerings
SWOT
15.12 Mandarin Oriental International Ltd.
Mandarin Oriental International Ltd. - Overview
Mandarin Oriental International Ltd. - Business segments
Mandarin Oriental International Ltd. - Key offerings
Mandarin Oriental International Ltd. - Segment focus
SWOT
15.13 Marriott International Inc.
Marriott International Inc. - Overview
Marriott International Inc. - Business segments
Marriott International Inc. - Key news
Marriott International Inc. - Key offerings
Marriott International Inc. - Segment focus
SWOT
15.14 Shangri La Asia Ltd.
Shangri La Asia Ltd. - Overview
Shangri La Asia Ltd. - Product / Service
Shangri La Asia Ltd. - Key offerings
SWOT
15.15 The Indian Hotel Co. Ltd.
The Indian Hotel Co. Ltd. - Overview
The Indian Hotel Co. Ltd. - Product / Service
The Indian Hotel Co. Ltd. - Key offerings
SWOT
15.16 The Pod Pte Ltd.
The Pod Pte Ltd. - Overview
The Pod Pte Ltd. - Product / Service
The Pod Pte Ltd. - Key offerings
SWOT
15.17 The Travel Corp.
The Travel Corp. - Overview
The Travel Corp. - Product / Service
The Travel Corp. - Key offerings
SWOT
15.18 Triple Creek Ranch
Triple Creek Ranch - Overview
Triple Creek Ranch - Product / Service
Triple Creek Ranch - Key offerings
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
16.5 Data procurement
16.6 Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations