Global Boutique Hotel Market Size & Outlook, 2025-2030
The global boutique hotel market size was estimated at USD 26,683.6 million in 2024 and is projected to reach USD 40,257.6 million by 2030, growing at a CAGR of 7.2% from 2025 to 2030.
Revenue, 2024 (US$M)
$26,683.6
Forecast, 2030 (US$M)
$40,257.6
CAGR, 2025 - 2030
7.2%
Report Coverage
Worldwide
Global boutique hotel market, 2018-2030 (US$M)
Related Markets
Global boutique hotel market highlights
- The global boutique hotel market generated a revenue of USD 26,683.6 million in 2024 and is expected to reach USD 40,257.6 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 7.2% by 2030.
- In terms of segment, luxury accounted for a revenue of USD 14,396.1 million in 2024.
- Luxury is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 26,683.6 million |
| Market revenue in 2030 | USD 40,257.6 million |
| Growth rate | 7.2% (CAGR from 2025 to 2030) |
| Largest segment | Luxury |
| Fastest growing segment | Luxury |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Luxury, Mid-Scale, Budget |
Other key industry trends
- In terms of revenue, the North America accounted for 36.7% of the global boutique hotel market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 1,277.8 million by 2030.
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Boutique Hotel Market Scope
Boutique hotel market segmentation & scope
Boutique Hotel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Soho Boutique Hotels | View profile | 251-500 | Málaga, Andalucia, Spain, Europe | https://www.sohohoteles.com |
| The Hoxton | View profile | 501-1000 | London, England, United Kingdom, Europe | http://thehoxton.com |
| The Standard Hotels | View profile | 5001-10000 | Newyork, Argyll and Bute, United Kingdom, Europe | http://www.standardhotels.com/ |
| Joie de Vivre Hospitality | View profile | 1001-5000 | San Francisco, California, United States, North America | http://www.jdvhotels.com |
| Ace Hotel | View profile | 501-1000 | New York, New York, United States, North America | http://www.acehotel.com/ |
| Hotel Indigo | View profile | 1-10 | Atlanta, Georgia, United States, North America | https://www.ihg.com/hotelindigo/hotels/gb/en/ |
| Kimpton Hotel & Restaurant Group | View profile | 5001-10000 | San Francisco, California, United States, North America | https://www.kimptonhotels.com/ |
| The Standard | View profile | 1001-5000 | Portland, Oregon, United States, North America | https://standard.com/ |
| Accor | View profile | 10001+ | Issy-les-moulineaux, Ile-de-France, France, Europe | http://group.accor.com/en |
| Rosewood Hotel Group | View profile | 10001+ | Central, Hong Kong Island, Hong Kong, Asia | http://www.rosewoodhotelgroup.com/en/ |
| Marriott International Inc Class A | View profile | 411000 | 7750 Wisconsin Avenue, Bethesda, MD, United States, 20814 | https://www.marriott.com |
Global boutique hotel market size, by regions, 2018-2030 (US$M)
Top 10 countries: Boutique hotel market size, 2024 (US$M)
Global boutique hotel market share, by type, 2024 & 2030 (%, US$M)
Boutique hotel market: Opportunity assessment by country
Global boutique hotel market, by region, 2024 (US$M)
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