Luxury Concierge Service Market

The Concierge will assist guests, patrons, tenants, or employees with personal services such as making dinner and tour reservations, offering suggestions for events, and arranging transportation. In hotels or resorts, a concierge assists guests by performing various tasks such as making restaurant reservations, booking hotels, arranging for spa services, recommending night life hot spots, booking transportation (like taxi, limousines, airplanes, boats, etc.), and coordinating porter service (luggage assistance, front lobby support, restroom restocks, and etc.)

Market Dynamics:

An increase in the spending of population on luxury travel and tourism across the globe is expected to drive the market growth. According to the World Travel and Tourism organization report in October 2021, domestic spending could increase by 49.4% in 2021, followed by a further 23% year-on-year growth in 2022. Domestic spending on luxury travel and tourism in the U.S. and Canada increased by 49.4% which was US$ 2.3 trillion in 2019 and will increase to US$ 3.43 trillion in 2022.

Additionally, the growing network and partnership of concierge service providers with hotels, restaurants, and travel service providers is ensuring smooth operation and execution of the specific tasks such as travel booking and hotel bookings by clients. For instance, in December 2018, Shangri-La, a multinational hospitality company, announced that it had entered into a partnership with Klook, an online concierge provider. Klook offers services to quickly book around 60,000 activities such as travel booking, hotel, restaurant bookings, and instant payments.

Key features of the study:

• This report provides an in-depth analysis of the global luxury concierge service market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global luxury concierge service market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
• Key companies covered as a part of this study are 48 London, Alpine Escape, Arburton Ltd, Aspen Luxury Concierge Service LLC, AZ Luxe, Bon Vivant, Globe Infinite, Ibiza Luxury Concierge Service, Innerplace Co. and John Paul.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics.
• The global luxury concierge service market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global luxury concierge service market

Detailed Segmentation:

• Global Luxury Concierge Service Market, By Service Type:
  • Travel, Tourism, & Transportation
  • HoReCa
  • Entertainment & Recreation
• Global Luxury Concierge Service Market, By End-User:
  • Individual
  • Corporate
• Global Luxury Concierge Service Market, By Region:
  • North America
    • By Country:
      • U.S.
      • Canada
  • Europe
    • By Country:
      • U.K.
      • Italy
      • France
      • Germany
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country:
      • China
      • India
      • Japan
      • ASEAN
      • Australia
      • Rest of Asia Pacific
  • Latin America
    • By Country:
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • By Sub-region:
      • Middle East
      • Africa
• Company Profiles
  • 48 London*
    • Company Overview
    • Product Portfolio
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Alpine Escape
  • Arburton Ltd
  • Aspen Luxury Concierge Service LLC
  • AZ Luxe
  • Bon Vivant
  • Globe Infinite
  • Ibiza Luxury Concierge Service
  • Innerplace Co.
  • John Paul

“*” marked represents similar segmentation in other categories in the respective section.