Mordor Intelligence has published a new report on the North America Luxury Hotels Market, offering a comprehensive analysis of trends, growth drivers, and future projections
-- North America Luxury Hotel Market Overview
According to insights from Mordor Intelligence, North America luxury hotel market size continues to expand steadily, growing from USD 41.23 billion in 2025 to an estimated USD 44.22 billion in 2026, with projections indicating it will reach USD 62.83 billion by 2031. The recovery is driven by renewed demand in major gateway cities and higher spending at wellness-oriented resorts as affluent travelers return to long-haul trips. Operators are actively adding new properties through brand signings and adaptive-reuse projects, which help control capital intensity. Franchising and soft-brand strategies are gaining traction for faster market entry, while increased use of advanced revenue management technology is supporting pricing power amid rising costs and competitive pressure.
North America Luxury Hotel Market Segmentation
By Service Type
- Business Hotels
- Airport Hotels
- Suite Hotels
- Resorts
- Other Service Types
By Ownership / Management Model
- Chain-Managed
- Franchise
- Independent
- Soft-Brand Collections
By Booking Channel
- Direct
- Online Travel Agencies (OTAs)
- Global Distribution Systems / Corporate Travel
- Tour Operators & Wholesale
By Customer Segment
- Leisure
- Business
- Bleisure
- Group / MICE
- Ultra-High-Net-Worth Individuals (UHNWI)
By Geography
- United States
- Canada
- Mexico
North America Luxury Hotel Market Growth Drivers
Premium Travel Momentum Returns
High-end travel across North America has regained strength as affluent guests prioritize experiences over material spending. International and domestic luxury trips are rebounding, supported by a broader base of wealthy travelers and strong cross-border demand, reinforcing the North America Luxury Hotel Market Share in global tourism.
Global Brands Expand Faster
Major hotel groups are accelerating luxury development as confidence returns to the segment. New signings and acquisitions highlight pricing resilience, while infrastructure improvements—especially in resort destinations—are enabling operators to capture renewed demand despite rising competition for skilled labor.
Soft Brands Go Mainstream
Independent luxury properties are increasingly aligning with soft-brand collections to access global distribution while maintaining their unique identity. These partnerships are improving financial performance and signaling a structural shift in how upscale hotels grow and compete.
Experience-Driven Luxury Demand
Blended travel and wellness-focused stays are reshaping guest expectations. Luxury resorts are responding with immersive programs, health-oriented offerings, and locally rooted experiences, reflecting broader North America Luxury Hotel Market Trends toward sustainability, authenticity, and lifestyle integration.
Read the report in the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/north-america-luxury-hotel-market?utm_source=marketersmedia
North America Luxury Hotel Market Major Players
Marriott International – A dominant force in luxury hospitality, leveraging a broad brand portfolio and global scale to drive expansion across key North American destinations.
Hilton Worldwide – Focuses on lifestyle and premium growth through strong brand recognition and strategic acquisitions that enhance its luxury footprint.
Hyatt Hotels Corp. – Known for experience-led luxury offerings, with a strong emphasis on wellness, resorts, and personalized guest experiences.
Four Seasons Hotels & Resorts – A benchmark for ultra-luxury service, emphasizing bespoke experiences and high-touch hospitality in prime locations.
Accor SA – Expands its luxury presence through a diverse mix of heritage brands and soft-brand collections that appeal to design- and experience-focused travelers.
North America Luxury Hotel Market Outlook
North America luxury hotel market remains positive, supported by sustained interest in experiential travel, wellness-focused stays, and blended business–leisure trips. Continued expansion by global brands, wider adoption of soft-brand models, and smarter use of technology are expected to strengthen profitability and brand reach. As affluent and ultra-affluent travelers seek personalized, sustainable, and locally immersive experiences, luxury hotels that balance scale with authenticity are likely to capture long-term growth and maintain strong competitive positioning.
Explore detailed insights on the North America Luxury Hotel Market: https://www.mordorintelligence.com/industry-reports/north-america-luxury-hotel-market?utm_source=marketersmedia
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https://www.mordorintelligence.com/industry-reports/europe-luxury-hotel-market?utm_source=marketersmedia
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