The report of floating hotels market segmented by room type (single occupancy and double occupancy), price range (premium, mid, and low) and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) is expected to reach US$ XX Bn by 2027, at a CAGR of XX% during a forecast period.
Floating hotel is a unique concept which itself attract travellers to experience it at least once in life, there are many opportunities for instance building innovatively constructed hotels like air floating hotels, & floating hotels in regions such as Dubai, Abu Dhabi, and many another concept hotels across the world.
Mostly, factors such as a shift in vacationer’s holidaying concept from crowded places to more near to natural resources and peaceful riverside surrounding experience is driving the global market of floating hotel in the hotel industry. Other factors that drive the market of floating hotel industry are the increasing per capita income, people becoming more environmentally friendly, rise in trend of vacationing, growth in service class population, lucrative offerings and deals provided by the floating hotels.
Single occupancy segment is dominating the global floating hotels market.
Single occupancy segment is driving the market due the practical for the consumer. Single occupancy is the most cost-effective for the end user. Single occupancy with the facility of a single bed. And also it has an attached bathroom, a small dressing table, a small bedside table, and a small writing table.
North America has the largest market share for global floating hotels market during the forecast period.
North America, especially The US, will still play an important role which cannot be ignored. Any changes from US might affect the development trend of Floating Hotels. North America is expected to retain its position as a key revenue generator by 2026 due to increase in number of rooms.
Key players operating in global floating hotels market, Floating and rotating hotel tower, Conrad Maldives, Dragon Inn, Four Seasons, Punta Caracol Acqua Lodge, River Kwai Jungle Rafts, The Queen Mary.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global floating hotels market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global floating hotels market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global floating hotels market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Floating Hotels Market”
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