Top Hotels, Resorts and Cruise Line Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Hotels, Resorts and Cruise Line Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Hotels, Resorts and Cruise Line industry players.

Hotels, Resorts and Cruise Line Market Competitive Landscape

Market participants from around the world are using product innovation techniques, which has led to market fragmentation and intense competition. In order to strengthen their position in the market, the major firms are taking a number of actions. These actions involve techniques like joint ventures, mergers and acquisitions, the creation and introduction of new products, international expansion, and others.

Hotels, Resorts & Cruise Line Market Top Player’s Company Profiles

  • Marriott International (US)
  • Hilton Worldwide Holdings Inc. (US)
  • InterContinental Hotels Group (UK)
  • AccorHotels (France)
  • Wyndham Destinations (US)
  • Hyatt Hotels Corporation (US)
  • Royal Caribbean Group (US)
  • Carnival Corporation (US)
  • Norwegian Cruise Line Holdings Ltd. (US)
  • MSC Cruises (Switzerland)
  • Princess Cruises (US)
  • Costa Crociere (Italy)
  • TUI Group (Germany)
  • Meliá Hotels International (Spain)
  • IHG Hotels & Resorts (UK)
  • Choice Hotels International, Inc. (US)
  • Four Seasons Hotels and Resorts (Canada)
  • Mandarin Oriental Hotel Group (Hong Kong)
  • Shangri-La Hotels and Resorts (Hong Kong)
  • The Ritz-Carlton Hotel Company (US)
  • Rosewood Hotels & Resorts (US)
  • Aman Resorts (Singapore)

Hotels, Resorts & Cruise Line Market

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Global Hotels, Resorts and Cruise Line Market size was valued at USD 814.72 Billion in 2024 and is poised to grow from USD 946.7 Billion in 2025 to USD 3146.76 Billion by 2033, growing at a CAGR of 16.2% during the forecast period (2026–2033). 

Market participants from around the world are using product innovation techniques, which has led to market fragmentation and intense competition. In order to strengthen their position in the market, the major firms are taking a number of actions. These actions involve techniques like joint ventures, mergers and acquisitions, the creation and introduction of new products, international expansion, and others. 'Marriott International, Inc. (USA) ', 'Hilton Worldwide Holdings Inc. (USA) ', 'Wyndham Hotels & Resorts (USA) ', 'Accor S.A. (France) ', 'InterContinental Hotels Group (IHG) (UK) ', 'Four Seasons Hotels and Resorts (Canada) ', 'Banyan Tree Holdings Limited (Singapore) ', 'Hyatt Hotels Corporation (USA) ', 'American Cruise Lines (USA) ', 'Carnival Corporation & plc (USA/UK) ', 'Royal Caribbean Group (USA) ', 'Norwegian Cruise Line Holdings Ltd. (USA) ', 'MSC Cruises (Switzerland) ', 'Shangri-La Hotels and Resorts (Hong Kong) ', 'Mandarin Oriental Hotel Group (Hong Kong) ', 'Radisson Hotel Group (USA) ', 'Choice Hotels International, Inc. (USA) ', 'Melia Hotels International (Spain) ', 'Jumeirah Group (UAE) ', 'Raffles Hotels & Resorts (Singapore) '

As consumers place increasing importance on experiences over material possessions, the hospitality industry has responded by offering unique and memorable experiences that go beyond traditional hotel or cruise offerings. Hotels and resorts are investing in experiences such as spa treatments, gourmet dining, adventure activities, and cultural immersion programs, while cruise lines are offering onboard entertainment, shore excursions, and destination-focused itineraries. These experiences are designed to create lasting memories for guests and differentiate brands in an increasingly competitive marketplace.

One of the current market trends is the growing demand for luxury travel. Many cruise lines are investing in high-end amenities and services, such as private balconies, gourmet dining options, and butler service, to attract affluent travellers who are willing to pay a premium for a luxury experience.

With a market share of over 35% in 2022 and projections for a strong CAGR of 17.4% over the next few years, North America is expected to continue to dominate the global hotels, resorts, and cruise lines business. The existence of the most hotels, resorts, and a developed cruise line sector in the area is what is responsible for the region's supremacy and expansion.

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Global Hotels, Resorts and Cruise Line Market
Hotels, Resorts and Cruise Line Market

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