8/13/2025, 8:30:53 AM | www.fortunebusinessinsights.com | news

    Beach Hotels Market Size, Share | Global Industry Report [2032]

    The global beach hotels market was valued at USD 134.68 billion in 2024 and is projected to grow to USD 224.94 billion by 2032, with a compound annual growth rate (CAGR) of 6.75%. The market is driven by rising tourism, especially in coastal destinations like Goa, Thailand, Greece, and Indonesia, and the integration of advanced technologies such as mobile check-in and contactless payments. Key players include Accor S.A., Hilton Worldwide Holdings Inc., Marriott International, Inc., and Radisson Hotel Group. Market challenges include natural calamities, high investment costs, and competition from alternative accommodations. Growth opportunities arise from amenity offerings and the increasing trend of beach destination weddings. Regional demand is strongest in Europe and North America, with Asia Pacific expected to grow at the highest CAGR. Major developments include Hyatt's USD 2.6 billion acquisition of Playa Hotels & Resorts in Mexico and the Caribbean, and the launch of new properties by Fives Hotels & Residences and IHG in Mexico and Kuwait.

    Read more on www.fortunebusinessinsights.com