24 Best All-Inclusive Resorts in the World

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In this article, we will be looking into the 24 best all-inclusive resorts in the world. If you want to skip our detailed analysis of the hospitality industry, you can go directly to the 10 Best All-Inclusive Resorts in the World.

Hotels and Resorts Industry: A Market Analysis

According to a report by Grand View Research, the global hotel, resorts, and cruise industry was valued at $524.1 billion in 2021. The market is expected to grow at a compound annual growth rate of 17.4% over the forecast period of 2022 to 2030, and reach a valuation of $2.2 trillion by the end of the forecasted period. The incited growth can be attributed to the increased inclination toward traveling, which is driving the hotel and resort industry.

Now that the market has gained its thriving pace back after the toll COVID-19 took on global tourism and the hotel and resort market, the resort segment of the industry is expected to grow at a compound annual growth rate of 17.1% over the forecasted period. 

The global market is dominated by North America, with a total share of 35% as of 2021, and the region is expected to grow significantly at a CAGR of 17.4%. Asia Pacific is expected to experience the fastest growth with a CAGR Of 18%, which can be attributed to increasing regional investment in the tourism market and rising disposable income in the region.

Major Players in the Industry

Some of the notable companies that are leading the market include Marriott International, Inc. (NASDAQ:MAR), Hyatt Hotels Corporation (NYSE:H), and Hilton Worldwide Holdings Inc. (NYSE:HLT).

Marriott International, Inc. (NASDAQ:MAR) is among the leading companies in the hospitality industry. On September 25, Marriott International, Inc. (NASDAQ:MAR) announced that the company is all set to expand its luxury hotel business in Trojena, Saudia Arabia in partnership with NEOM. The two hotels include Saudia’s first-ever W hotel and JW Marriott property. 

While talking about the partnership and Marriott International, Inc. (NASDAQ:MAR) business expansion, Chadi Hauch, Regional Vice President, Lodging Development, Middle East, Marriott International, said:

“We are excited to work with NEOM to develop these two exciting properties in one of the most highly anticipated developments in the world. Hotels continue to redefine the luxury hospitality sector, and NEOM is an ideal fit with its vision centered around innovation, creativity, design, and exploration, while JW Marriott, one of our flagship brands, will bring its legacy of extraordinary hospitality, thoughtful design, and enriching experiences.”