North America Boutique Hotel Market Size & Outlook
The boutique hotel market in North America is expected to reach a projected revenue of US$ 14,231.1 million by 2030. A compound annual growth rate of 6.5% is expected of North America boutique hotel market from 2025 to 2030.
Revenue, 2024 (US$M)
$9,787.2
Forecast, 2030 (US$M)
$14,231.1
CAGR, 2025 - 2030
6.5%
Report Coverage
North America
Related Markets
North America boutique hotel market highlights
- The North America boutique hotel market generated a revenue of USD 9,787.2 million in 2024.
- The market is expected to grow at a CAGR of 6.5% from 2025 to 2030.
- In terms of segment, luxury was the largest revenue generating type in 2024.
- Luxury is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 9,787.2 million |
| Market revenue in 2030 | USD 14,231.1 million |
| Growth rate | 6.5% (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, North America region accounted for 36.7% of the global boutique hotel market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,462.2 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 |
North America boutique hotel market size, by country, 2018-2030 (US$M)
North America Boutique Hotel Market Outlook Share, 2024 & 2030 (US$M)
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