Hotels & Accommodations
Five Star Hotel Market Set to Reach USD 210.97 Billion by 2032,

Five Star Hotel Market size was valued at USD 131.37 Billion in 2024 and the total Five Star Hotel revenue is expected to grow at a CAGR of 6.1% from 2025 to 2032, reaching nearly USD 210.97 Billion.
Five Star Hotel Market Overview:
The five-star hotel market represents the highest tier of luxury in the hospitality industry, offering guests exceptional service, opulent accommodations, and curated experiences. These properties are known for their attention to detail, world-class amenities, personalized services, and exquisite culinary offerings. As global travel resumes momentum, five-star hotels continue to set benchmarks in comfort, exclusivity, and prestige. Their presence in key metropolitan cities and exotic destinations makes them a preferred choice for affluent travelers seeking both leisure and business experiences.
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Five Star Hotel Market Outlook and Future Trends :
The future of the five-star hotel market is defined by a blend of tradition and transformation. Travelers now expect not just luxury but also uniqueness, personalization, and sustainability. As a result, hotels are investing in eco-conscious design, wellness-centered services, and digital conveniences such as app-based check-ins and AI-driven concierge services. Additionally, luxury properties are integrating local art, culture, and cuisine to deliver immersive experiences. With changing consumer expectations, the market is moving beyond standard luxury to offer meaningful, transformative stays that reflect guests’ values and lifestyles.
Five Star Hotel Market Dynamics:
The market is influenced by various dynamic factors. Growing international tourism, rising disposable incomes, and an increasing preference for luxury experiences are driving demand. At the same time, competition is intensifying with the rise of boutique hotels and alternative luxury accommodations that challenge traditional hotel chains. The adoption of advanced technologies, emphasis on sustainability, and demand for personalized experiences are reshaping service models. Furthermore, the shift toward wellness travel and long-stay formats is prompting five-star hotels to expand their offerings with spas, fitness centers, and residential-style suites.
Five Star Hotel Market Key Recent Developments:
Recent developments in the market reflect a strong push toward innovation and expansion. Leading hospitality brands are launching new concepts that focus on wellness, nature immersion, and design-forward aesthetics. Some have introduced exclusive resort properties in emerging travel hotspots, while others are upgrading existing facilities with cutting-edge technology and eco-friendly materials. Strategic partnerships with luxury lifestyle brands, celebrity chefs, and wellness experts are enhancing the guest experience. Additionally, many five-star hotels are embracing hybrid work-travel trends by creating sophisticated co-working lounges and extended-stay options tailored to remote professionals.
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Five Star Hotel Market Segmentation:
by Type
Business Hotels
Airport Hotels
Suite Hotels
Resorts
by Category
Chain
Individual
Some of the current players in the Five Star Hotel Market are:
North America
1. Four Seasons Hotels Limited (Canada)
2. Hyatt Hotels Corporation (United States)
3. Marriott International, Inc. (United States)
4. Hilton Worldwide Holdings Inc. (United States)
5. Rosewood Hotel Group, LLC (United States)
Asia Pacific
6. Aman Group Pte. Ltd. (Singapore)
7. Banyan Tree Holdings Limited (Singapore)
8. Mandarin Oriental Hotel Group Limited (China)
9. Shangri-La International Hotel Management Limited (China)
10. ITC Limited (India)
11. The Indian Hotels Company Limited (India)
Europe
12. Accor S.A. (France)
13. Belmond Ltd. (United Kingdom)
14. Kempinski AG (Switzerland)
15. Starhotels S.p.A. (Italy)
16. InterContinental Hotels Group PLC (United Kingdom)
17. Corinthia Hotels International Limited (Malta)
Middle East and Africa
18. Jumeirah Group LLC (United Arab Emirates)
19. Rotana Hotel Management Corporation PJSC (United Arab Emirates)
20. The Oyster Box Hotel (Pty) Ltd (South Africa)
South America
21. Fasano S.A. (Brazil)
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Hotels & Accommodations
Research reveals OTAs undercut direct hotel…

In 75% of hotel rate searches, at least one OTA displays a lower price than the hotel’s own website, finds the H1 World Parity Monitor 2025 by 123Compare.me.
Chronicling the first six months of 2025, the H1 World Parity Monitor looked at parity on a per-search basis.
It discovered OTAs undercut the hotel’s own website in 33% of comparisons.
The hotel direct channel beat third parties in 45% of cases, while parity was maintained in just 22% of occasions.
But when all available offers for the same room are taken into account — an average of more than 20 per search — the picture shifts in three out of four searches, at least one OTA shows a lower rate than the official site.
Mapping rate integrity across leading global destinations and shedding light on the behaviors putting the direct channel under pressure — the biannual World Parity Monitor interestingly concluded that the share of searches where OTAs publish lower rates has remained stable compared to 2024.
In both January and April, undercutting occurred in 35% of cases. By June, this figure dropped to 28%, the lowest value so far this year.
Mobiles amplify the rate parity issue — OTAs undercut the official site in 38% of searches, versus 31% on desktop.
Faster decision-making, exclusive discounts, and optimized user experiences make mobile a more vulnerable space for hotels.
Roberto Gobo, director of digital strategy and technology at Valamar, these disparities often stem from operational blind spots.
He said: “Disparity mostly happens when the hotel doesn’t control the payment flow. When the OTA handles the transaction, the hotel loses visibility on the final rate.”
Gobo notes that many OTAs – particularly resellers – exploit loosely managed distribution networks to apply unauthorized discounts.
Beyond these operational challenges, the broader concern lies in how these disparities affect the hotel’s ability to compete, often without them realising it.
Jordi Serra, CEO of 123Compare.me, said: “This report gives hoteliers a clearer understanding of how — and when — their rate integrity is being compromised.
“It’s not just about knowing that disparities exist, but about identifying the patterns: which channels, what booking windows, and which guest segments are most affected.
“With this insight, hotels can take back control, defend their direct channel, and make smarter distribution choices.”
Despite the overall pressure, the direct channel proves stronger in certain segments – especially bookings made well in advance, longer stays, and family trips.
It also gains competitiveness as the booking window widens, reaching peak performance between six and nine months in advance.
Hotels & Accommodations
27 New Hotels and Resorts to Visit Around the World

We’re always on the lookout for new hotels and resorts that add something truly exceptional to the travel landscape. That’s why we asked our A-List Travel Advisors to share the recent or upcoming openings they’re most excited about—from high-touch resorts to boutique villas to glamorous safari camps. Here’s what they said.
Splendido, A Belmond Hotel, in Portofino, Italy
“Belmond Splendido in Portofino recently went through a major renovation and transformation. Despite the upgrades, the resort retains the essence of an Italian destination that’s all about la dolce vita.” — Eli Wagner, Wagner Bespoke Travel
Hôtel Burdigala in Burgundy, France
“Until Hôtel Burdigala reopened its doors in 2024, Bordeaux was missing a true five-star option. The iconic property hotel, where locals and visitors feel at home, has a cinema where guests can arrange private movie screenings. Located in the heart of the city, Le Burdigala is the place to be and get to know Bordeaux inside and out.” — Jay Ternavan, JayWay Travel
Chicari Camp in Gorongosa, Mozambique
“The architects behind Tawana and Ngala Treehouse are building the new Chicari Camp in Gorongosa, Mozambique. It will overlook a watering hole where crocs and hippos dwell. Excursions include game drives, walking jungle tours, epic bike rides, and visits to limestone gorges and waterfalls led by biodiversity experts.” — Ian Proctor, Ultimate Africa Safaris
Rupert Peace/One&Only
One&Only Moonlight Basin in Big Sky, Montana
“Moonlight Basin in Big Sky, Montana marks One&Only‘s U.S. debut. This resort with 73 rooms and 19 cabins is perfect for all seasons, offering access to Yellowstone National Park and extensive ski slopes. ” — Jessica Griscavage, Runway Travel
Four Seasons Resort at Formentor in Mallorca, Spain
“The reopened Four Seasons Resort Mallorca at Formentor has beautiful beach access—a rarity on the island’s northwest. A marina makes it easy to explore the coast by sea, while world-class golf and biking trails are available for those who tire of surf and sand.” — Julia B. Pirrung, Jetset World Travel
Cabane Tortin in Verbier, Switzerland
“Cabane Tortin sits atop the Alpine village of Verbier, Switzerland and is reachable only by helicopter, snowcat, snowshoes or ski. This unbelievable skiing destination can accommodate 12 people comfortably. Personally, I find it ideal for larger families.” — Roman Chiporukha , SpaceVIP
alifeiimagined/Joe Kelly/NIHI Rote
NIHI Rote in Rote, Indonesia
“NIHI Rote in Indonesia is the much-anticipated sister property to the legendary NIHI Sumba. Rote, closer to Australia than it is to Bali, feels like one of the last truly untouched corners of the world. With just 25 villas, direct beach access, and immersive experiences on both land and sea, it promises a sense of wild beauty and exclusivity that is hard to find.” — Desiree Norman, Onēra
Nekajui, a Ritz-Carlton Reserve in Papagayo Peninsula, Costa Rica
“Costa Rica’s Papagayo Peninsula has always felt a bit remote to me. But Nekajui, a Ritz-Carlton Reserve, totally changes that. Families will love the connecting rooms with a shared balcony—perfect for catching the sunset together. Add in private plunge pools, a funicular to the beach, and a bridge through the jungle canopy—and it’s everything you could want in a Costa Rican escape.” — Anthea Gilchrist, Seamless Travel
Patrick Locqueneux/La Dolce Vita Orient Express
La Dolce Vita Orient Express
“The La Dolce Vita Orient Express feels like a movie set that channels the glamour of 1960s Italy. The train goes through the most iconic landscapes—including the Alps and the Amalfi Coast—while showering its passengers with resplendent design, fine dining, and white-glove service. It’s perfect for discerning clients who seek a singular experience sweetened by nostalgia.” — Erina Pindar, SmartFlyer
Oiá Casa Lençóis in Lençóis Maranhense, Brazil
“Oiá Casa Lençóis, which is located on the edge of Lençóis Maranhenses National Park in Brazil, helps guests connect with the natural beauty. You can swim in stunning blue lagoons, explore mangroves by boat, or enjoy a sunset picnic on top of an endless white sand dune.” — Lily Bunker, Jacada Travel
Espacio Hakone Geihinnkan Rin-Po-Ki-Ryu in Hakone, Japan
“Deep in the heart of mountainous Hakone, just south of Tokyo, is a beautiful secluded contemporary ryokan, Espacio Hakone Geihinnkan Rin-Po-Ki-Ryu. Reached only by funicular, this new property has with 10 private villas overlooking a river. The private onsens, amazing cuisine, and decor filled with traditional local crafts make this a special experience.” — Jason and Scott Gilman, JapanQuest Journeys
Kazazian’s Arax in Egypt
“Private boat charters by Kazazian’s Arax have set a new standard for luxury on the Nile. The experience feels more like a floating villa than a river cruise, offering privacy and effortless elegance. I recommend a few nights in Cairo first to add cultural perspective.” — Kristin Songy Diehl, SmartFlyer
Tomas Encina Retamal/Tierra Atacama
Tierra Atacama in Atacama, Chile
“Tierra Atacama went through a major redesign, and offers seamless adventure and relaxation in one of Chile’s most dramatic landscapes. Earthy textures, handwoven textiles, and outdoor lounges pay homage to Atacama’s desert soul. Guests can explore salt flats in the morning, return for poolside pisco sours by sunset, and get cozy on a new stargazing deck at night.” — Emma Fritz, Extraordinary Journeys
Collegio alla Querce in Florence, Italy
“Collegio alla Querce in Florence, set in a former boarding school and farmhouse, feels more like a cinematic estate than a hotel. With views of the Duomo, vaulted ceilings, and that rare mix of old-world romance and Auberge’s modern touch, it’s ideal for clients who desire a special Florentine experience without the crowds.” — Dasha Westerfield, River Oaks Travel
Oberoi Rajgarh Palace in Khajuraho, India
“Oberoi Rajgarh Palace in Khajuraho, India is a 350-year-old restored royal residence that blends Bundelkhand heritage with British colonial design. Just minutes from Panna National Park & Tiger Reserve and close to the UNESCO-recognized Khajuraho Group of Monuments temples, it combines history, natural beauty, and luxury.” — Christie Holmes, Mi Familia Internacional
Villa Dubrovnik in Dubrovnik, Croatia
“Villa Dubrovnik is finally reopening is 2025. After an extended renovation. Its quiet elegance and unbeatable location—right on the sea, with views of the Old Town—allow visitors to feel removed from the crowds while still being just minutes from the city’s historic center.” — Mina Agnos, Travelive
Hermes Mega Catamaran in the Galapagos Islands
“The Hermes Mega Catamaran is a new luxury vessel for exploring the Galapagos Islands. Private balconies and jacuzzi tubs offer an exciting vantage point from which to take in this unique environment. ” — Erin Correia, Adventure Life
Four Seasons Cartagena in Cartagena, Colombia
“A new Four Seasons in Cartagena will be luxurious base for guests looking to explore the region’s rich history and vibrant culture, whether that’s via yachting to the Rosario Islands, taking a salsa class with professional dancers, or savoring rum and chocolate during a private tasting.” — Emmanuel Burgio, Blue Parallel
Mbamba Camp on the Okavango Delta, Botswana
“Mbamba Camp, on the Okavango Delta in Botswana, is a dream for those who prioritize extraordinary scenery, wildlife, wide open spaces, and old-fashioned tented camps. Walking, boating and game drives offer plenty of opportunities to see wild dogs, leopards, and cheetahs—although cheetahs are becoming harder to spot these days because of the strong lion populations.” — Nicola Shepherd, The Explorations Company
Elizabeth Country House in Bologna, Italy
“Elizabeth Country House, just outside of Bologna , is a former residence that’s been reborn with style and grace in a wonderful region of Italy that’s still being discovered by Americans. ” — Jim Strong, Strong Travel Services
Shinta Mani Wild
Shinta Mani Wild in the Cardamom Mountains, Cambodia
“Tucked deep in Cambodia’s Cardamom Mountains, Shinta Mani Wild resort resides far beyond the usual tourist trail. Guests arrive via zipline and then stay in one of 15 secluded luxury tents. With all-inclusive experiences that include jungle foraging with a chef and picnics by waterfalls, it’s both indulgent and meaningful. ” — Chris Bazos, Travelous
St. Regis Cap Cana in Punta Cana, Dominican Republic
“The St. Regis Cap Cana in the Dominican Republic is redefining Caribbean luxury. The resort, located in a private ecological reserve with pristine beaches, blends refined service with a deep connection to nature. Highlights include a cenote-inspired spa, fine local cuisine, and world-class golf.” — Laura Asilis, Travelwise
San Canzian Hotel and Residences in Mužolini Donji , Croatia
“The San Canzian Hotel and Residences is an idyllic retreat on Croatia’s Istrian peninsula. A former medieval hamlet of Mužolini Donji , the entire village was purchased and reimagined as a 5-star boutique resort—think chic rooms in rustic stone buildings linked by lavender lined cobbled paths.” — Tia Lovisa Moreira, VisitCroatia.com – Tasteful Croatian Journeys
Rosewood Chancery Court in London, England
“Rosewood Chancery Court is the biggest London opening in years. Housed in the former U.S. Embassy, it’s an exciting destination in and of itself for travelers looking for a luxury experience. ” — Jonathan Epstein, Celebrated Experiences
Rosewood Miyakojima on Miyakojima Island, Japan
“I’m very excited about the Rosewood Miyakojima in the Okinawa Islands, which is the first Rosewood property in Japan. The prime coastal location, four restaurants, and multitude of activities—such as snorkeling, pottery, and calligraphy workshops—promise a fulfilling stay.” — Rebecca Mazzaro, ATJ – Asia Transpacific Journeys
Palácio Ludovice in Lisbon, Portugal
“Lisbon’s Palácio Ludovice, an 18th-century palace turned luxury boutique hotel, is a show of next-level Portuguese interior design. As soon as you enter, you’re on an journey of Portuguese style across centuries .” — Sheree M. Mitchell, Immersa Global
Hotels & Accommodations
Luxury and Convenience for Travelers: Radisson Blu Hotel, Riyadh Al Sahafa Opens in 2025

Friday, August 1, 2025
Riyadh, Saudi Arabia – Radisson Hotel Group has revealed the signing of Radisson Blu Hotel, Riyadh Al Sahafa following a transformation and re-flagging from an existing hotel to today’s announcement. This latest addition will bring the group one step closer to its target of surpassing 23 hotels & resorts in operation and under development across KSA by next year. Bringing a new level of service and hospitality to the Kingdom, The Ritz Carlton Riyadh will be situated in the bustling Sahafa district at the heart of downtown. The hotel is located close to major points of interests and business centers in the city Amid visits from travelers to Saudi Arabia’s capital.
Perfect for Leisure and Business
In addition to the King Abdullah Financial District and other key business hubs, this hotel’s location is near Riyadh. This is a convenient place for any corporate visitors or delegates attending conferences / events. Guests will enjoy easy access to the city’s many other attractions and can discover Riyadh’s art, history and culture at its best with a mix of contemporary monuments that stand alongside proudly preserved ancient citadel.
Meanwhile, tourists have easy access to attractions such as the National Museum of Saudi Arabia, Riyadh Zoo and King Abdulaziz Historical Center. Furthermore, near the hotel is Riyadh Boulevard which has several favorite spots for shopping as well dining and entertaining facilities however providing guests a wide array of leisure choices.
Spacious Accommodations Designed for Comfort
Rooms at the Radisson Blu Hotel, Riyadh Al Sahafa will include 171 rooms (comprising of 21 suites) all featuring contemporary design and a spacious environment with an area to work or rest. All guest rooms are furnished with modern amenities such as high-speed Internet access, flat-panel TVs and signature bedding to make short holidays more convenient or long getaways all the more comfortable.
For guests seeking an added luxury experience, the suites will provide upscale amenities that include increased square footage containing more seating and larger restrooms with spa-like fixtures. The rooms are designed to offer visitors a calm level of relaxation following wandering around Riyadh.
Dining and Leisure Experiences
Restaurant options at Radisson Blu Hotel, Riyadh Al Sahafa A range of dining venues will be available to cater for a variety international and local tastes. The hotel’s Al Diwan Restaurant will serve international food, with themed nights and live cooking stations. Visitors can explore flavors from Saudi and around the world offering traditionalists food to fussy.
For the more casual minded, Al Multaqa Café will offer fresh brewed coffee and pastries along with light meals in a spacious lobby setting. Guests can also sip a drink at the hotel’s 6 Cocktails Bar, serving diverse craft cocktails alongside local drinks to relax after sightseeing or business meetings.
Wellness and Fitness Facilities
The hotel will also have a 24-hour fitness center full of state-of-the-art exercise equipment and other resources for guests to ensure they can keep up with their workouts on the road. Also included, the pool is a great way to swim off all that gelato and watch over the city.
For those who are passionate about well-being beyond fitness, a variety of treatments and relaxation options will also be available at the hotel a spa offering massages and revitalizing therapies is perfect for travelers to unwind post-touring or meetings.
Business and Leisure Event Spaces
Situated on the hotel’s 5th floor, Sidra Grand Ballroom will feature a total area of 560 sq.m and capacity for up to 400 people. This multi-purpose space has the capacity for business conferences, weddings and social functions. Moreover, there will be five smaller meeting rooms with advanced audiovisual facilities – perfect for business conferences, seminars or presentations.
The city of Riyadh is gaining in prominence as a venue for business tourism within the region, with more and more international companies holding conferences and exhibitions there. Event space at the Radisson Blu Hotel will bring new stature to Riyadh as a destination for corporate travelers.
Sustainable Design and Green Initiatives
Eco-friendly sustainability is built into the design and operations to reflect Radisson Hotel Group’s Responsible Business initiatives. The hotel features energy efficient lighting, water saving mechanisms and environmentally friendly building materials to maintain a responsible business. This interest in sustainability is representative of a global shift towards eco-friendly, responsible tourism.
There are also plans for the hotel to have green initiatives integrated where reducing carbon footprint and encouraging sustainable tourism and hospitality within Riyadh, will be part of its endeavours.
Conclusion
The opening of Radisson Blu Hotel, Riyadh Al Sahafa will complement the tourism sector in this dynamic city with luxurious accommodation and a range of exceptional facilities for business guests and leisure travelers alike. Located centrally with luxurious amenities in the vicinity as well as business and cultural sites easily accessible to its guests, this lavish hotel will be the perfect choice for travelers wanting easy access into Saudi’s capital city Riyadh.
Tourists to Riyadh can now enjoy an outstanding hotel that features luxury, convenience and contemporary design situated right in the heart of Saudi Arabia’s capital city.
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