Product Code: PMRREP31497
Persistence Market Research has recently released a comprehensive report on the Hotel Gift Card Market. The report provides a detailed assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, offering exclusive insights into the market structure.
Key Insights: Hotel Gift Card Market
- Market Size (2024E): USD 69102.2 million
- Projected Market Value (2033F): USD 228120.5 million
- Global Market Growth Rate (CAGR 2024 to 2033): 14.2%
Hotel Gift Card Market - Report Scope:
Hotel gift cards play a pivotal role in the hospitality industry, facilitating prepaid accommodations and services across various hotel chains globally. These cards cater to individual consumers, corporate clients, and travel agencies, offering flexibility in booking accommodations, dining options, and other hospitality services.
Market Growth Drivers:
The global hotel gift card market is driven by several factors, including the increasing trend of experiential gifting, where consumers prefer gifts that offer memorable experiences such as travel and leisure. The convenience and flexibility of hotel gift cards in planning and managing travel arrangements further fuel market growth. Moreover, corporate incentive programs and the rising popularity of gift cards as rewards for employees and clients contribute significantly to market expansion.
Market Restraints:
Despite promising growth prospects, the hotel gift card market faces challenges related to consumer perception and redemption issues, where unused or expired gift card balances can impact market dynamics. Additionally, competitive pressures and varying regulatory frameworks across regions pose operational challenges for market players.
Market Opportunities:
The hotel gift card market presents significant growth opportunities driven by technological innovations in digital gift card platforms, enhancing user convenience and accessibility. Integration with mobile apps and online booking platforms expands market reach and enhances customer engagement. Furthermore, strategic partnerships with travel agencies and hospitality providers to bundle services and create attractive travel packages boost market potential.
Strategic Insights and Business Strategy:
Leading players in the global hotel gift card market, including major hotel chains and third-party gift card providers, focus on enhancing digital capabilities, personalizing customer experiences, and expanding distribution channels to maintain competitive advantage. Investment in marketing campaigns, loyalty programs, and customer retention strategies are key to sustaining market leadership and driving consumer adoption.
Key Companies Profiled:
- Amazon.com Inc.
- Blackhawk Network Holdings, Inc.
- MakeMyTrip Limited
- Avani Hotels & Resorts Limited
- Anantara Hotels, Resorts & Spas
- Travelgift.cards
- Toga Far East Hotels
- Accor
- Expedia Group
- Arp-Hansen Hotel Group
- Valencia Hotel Group
- Taj Hotels
- Qwikcilver Solutions Pvt. Ltd.
Segmentation of Hotel Gift Card Market Industry Research
Product Type:
- Universal Accepted Open Loop
- Hotel Closed Loop
- Miscellaneous Closed Loop
- E-Gifting
Application:
- Stays
- Holiday Packages
- Bar & Spa Services
- Meeting & Events
- Sports Activities
- Travel & Transportation
Price Range:
- High (Above 3,000 US$)
- Medium (1,000-3,000 US$)
- Low (0-1,000 US$)
End User:
Sales Channel:
Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa (MEA)
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Summary of Key Statistics
- 1.3. Summary of Key Findings
- 1.4. Product Evolution Analysis
- 1.5. PMR Analysis and Recommendations
2. Market Overview
- 2.1. Market Taxonomy
- 2.2. Market Definition
3. Key Market Trends
- 3.1. Key Trends Impacting the Market
- 3.2. Key Product Development Trends
- 3.3. Key Market Claims - 2019 Trending
4. Global Hotel Gift Card Market Demand Analysis 2019-2023 and Forecast, 2024-2033
- 4.1. Historical Market Volume (Units) Analysis, 2019-2023
- 4.2. Current and Future Market Volume (Units) Projections, 2024-2033
- 4.3. Y-o-Y Growth Trend Analysis
5. Global Hotel Gift Card Market - Pricing Analysis
- 5.1. Regional Pricing Analysis By Product Type
- 5.2. Pricing Break-up
- 5.2.1. Manufacturer Level Pricing
- 5.2.2. Distributor Level Pricing
- 5.3. Global Average Pricing Analysis Benchmark
6. Global Hotel Gift Card Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033
- 6.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
- 6.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 6.2.1. Y-o-Y Growth Trend Analysis
- 6.2.2. Absolute $ Opportunity Analysis
7. Market Background
- 7.1. Macro-Economic Factors
- 7.1.1. Global GDP Growth Outlook
- 7.1.2. Global Industry Value Added
- 7.1.3. Global Consumer Spending Outlook
- 7.1.4. Middle Class Population Outlook
- 7.1.5. Literacy Rate Outlook
- 7.1.6. Working Population Outlook
- 7.1.7. Population Demographics
- 7.2. Industry Value and Supply Chain Analysis
- 7.2.1. Profit Margin Analysis at each sales point
- 7.2.2. List & role of key participants
- 7.2.2.1. Manufacturers
- 7.2.2.2. Distributors/Retailers
- 7.2.2.3. List of Private Label Brands
- 7.3. Forecast Factors - Relevance & Impact
- 7.3.1. Top Companies Historical Growth
- 7.3.2. Global Population Growth Outlook
- 7.3.3. GDP Growth Rate Analysis
- 7.3.4. Contribution to GDP & Employment
- 7.3.5. Urbanization Growth Outlook
- 7.3.6. Manufacturing Sector GVA
- 7.3.7. Per Capita Disposable Income
- 7.4. Market Dynamics
- 7.4.1. Drivers
- 7.4.2. Restraints
- 7.4.3. Opportunity Analysis
8. Global Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033, by Product Type
- 8.1. Introduction / Key Findings
- 8.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
- 8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2024-2033
- 8.3.1. Universal Accepted Open Loop
- 8.3.2. Hotel Closed Loop
- 8.3.3. Miscellaneous Closed Loop
- 8.3.4. E-Gifting
- 8.4. Market Attractiveness Analysis By Product Type
9. Global Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033, by Application
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2019-2023
- 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2024-2033
- 9.3.1. Stays
- 9.3.2. Holiday Packages
- 9.3.3. Bar & Spa Services
- 9.3.4. Meeting & Events
- 9.3.5. Sports Activities
- 9.3.6. Travel & Transportation
- 9.3.7. Others
- 9.4. Market Attractiveness Analysis By Application
10. Global Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033, by Price Range
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Price Range, 2019-2023
- 10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Price Range, 2024-2033
- 10.3.1. High (Above 3,000 US$)
- 10.3.2. Medium (1,000-3,000 US$)
- 10.3.3. Low (0-1,000 US$)
- 10.4. Market Attractiveness Analysis By Price Range
11. Global Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033, by End User
- 11.1. Introduction / Key Findings
- 11.2. Historical Market Size (US$ Mn) and Volume Analysis By End User, 2019-2023
- 11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast End User, 2024-2033
- 11.3.1. Business
- 11.3.1.1. Small and Medium Enterprises
- 11.3.1.2. Large Enterprises
- 11.3.2. Individuals
- 11.4. Market Attractiveness Analysis By End User
12. Global Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033, by Sales Channel
- 12.1. Introduction / Key Findings
- 12.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel, 2019-2023
- 12.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Sales Channel, 2024-2033
- 12.3.1. Online
- 12.3.2. Offline
- 12.4. Market Attractiveness Analysis By Sales Channel
13. Global Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033, by Region
- 13.1. Introduction
- 13.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
- 13.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2033
- 13.3.1. North America
- 13.3.2. Latin America
- 13.3.3. Europe
- 13.3.4. East Asia
- 13.3.5. South Asia
- 13.3.6. Oceania
- 13.3.7. MEA
- 13.4. Market Attractiveness Analysis By Region
14. North America Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033
- 14.1. Introduction
- 14.2. Pricing Analysis
- 14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 14.4.1. By Country
- 14.4.1.1. US
- 14.4.1.2. Canada
- 14.4.2. By Product Type
- 14.4.3. By Application
- 14.4.4. By Price Range
- 14.4.5. By End User
- 14.4.6. By Sales Channel
- 14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. By Product Type
- 14.5.3. By Application
- 14.5.4. By Price Range
- 14.5.5. By End User
- 14.5.6. By Sales Channel
- 14.6. Market Trends
- 14.7. Key Market Participants - Intensity Mapping
- 14.8. Drivers and Restraints - Impact Analysis
15. Latin America Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033
- 15.1. Introduction
- 15.2. Pricing Analysis
- 15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 15.4.1. By Country
- 15.4.1.1. Brazil
- 15.4.1.2. Mexico
- 15.4.1.3. Argentina
- 15.4.1.4. Rest of Latin America
- 15.4.2. By Product Type
- 15.4.3. By Application
- 15.4.4. By Price Range
- 15.4.5. By End User
- 15.4.6. By Sales Channel
- 15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By Product Type
- 15.5.3. By Application
- 15.5.4. By Price Range
- 15.5.5. By End User
- 15.5.6. By Sales Channel
- 15.6. Market Trends
- 15.7. Key Market Participants - Intensity Mapping
- 15.8. Drivers and Restraints - Impact Analysis
16. Europe Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033
- 16.1. Introduction
- 16.2. Pricing Analysis
- 16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.4.1. By Country
- 16.4.1.1. UK
- 16.4.1.2. Germany
- 16.4.1.3. Italy
- 16.4.1.4. Spain
- 16.4.1.5. France
- 16.4.1.6. Benelux
- 16.4.1.7. Nordics
- 16.4.1.8. Russia
- 16.4.1.9. Rest of Europe
- 16.4.2. By Product Type
- 16.4.3. By Application
- 16.4.4. By Price Range
- 16.4.5. By End User
- 16.4.6. By Sales Channel
- 16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Product Type
- 16.5.3. By Application
- 16.5.4. By Price Range
- 16.5.5. By End User
- 16.5.6. By Sales Channel
- 16.6. Market Trends
- 16.7. Key Market Participants - Intensity Mapping
- 16.8. Drivers and Restraints - Impact Analysis
17. East Asia Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033
- 17.1. Introduction
- 17.2. Pricing Analysis
- 17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 17.4.1. By Country
- 17.4.1.1. China
- 17.4.1.2. Japan
- 17.4.1.3. South Korea
- 17.4.2. By Product Type
- 17.4.3. By Application
- 17.4.4. By Price Range
- 17.4.5. By End User
- 17.4.6. By Sales Channel
- 17.5. Market Attractiveness Analysis
- 17.5.1. By Country
- 17.5.2. By Product Type
- 17.5.3. By Application
- 17.5.4. By Price Range
- 17.5.5. By End User
- 17.5.6. By Sales Channel
- 17.6. Market Trends
- 17.7. Key Market Participants - Intensity Mapping
- 17.8. Drivers and Restraints - Impact Analysis
18. South Asia Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033
- 18.1. Introduction
- 18.2. Pricing Analysis
- 18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 18.4.1. By Country
- 18.4.1.1. India
- 18.4.1.2. Thailand
- 18.4.1.3. Malaysia
- 18.4.1.4. Indonesia
- 18.4.1.5. 'Rest of South Asia
- 18.4.2. By Product Type
- 18.4.3. By Application
- 18.4.4. By Price Range
- 18.4.5. By End User
- 18.4.6. By Sales Channel
- 18.5. Market Attractiveness Analysis
- 18.5.1. By Country
- 18.5.2. By Product Type
- 18.5.3. By Application
- 18.5.4. By Price Range
- 18.5.5. By End User
- 18.5.6. By Sales Channel
- 18.6. Market Trends
- 18.7. Key Market Participants - Intensity Mapping
- 18.8. Drivers and Restraints - Impact Analysis
19. Oceania Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033
- 19.1. Introduction
- 19.2. Pricing Analysis
- 19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 19.4.1. By Country
- 19.4.1.1. Australia
- 19.4.1.2. New Zealand
- 19.4.2. By Product Type
- 19.4.3. By Application
- 19.4.4. By Price Range
- 19.4.5. By End User
- 19.4.6. By Sales Channel
- 19.5. Market Attractiveness Analysis
- 19.5.1. By Country
- 19.5.2. By Product Type
- 19.5.3. By Application
- 19.5.4. By Price Range
- 19.5.5. By End User
- 19.5.6. By Sales Channel
- 19.6. Market Trends
- 19.7. Key Market Participants - Intensity Mapping
- 19.8. Drivers and Restraints - Impact Analysis
20. MEA Hotel Gift Card Market Analysis 2019-2023 and Forecast 2024-2033
- 20.1. Introduction
- 20.2. Pricing Analysis
- 20.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 20.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 20.4.1. By Country
- 20.4.1.1. GCC Countries
- 20.4.1.2. Turkey
- 20.4.1.3. South Africa
- 20.4.1.4. Israel
- 20.4.1.5. Rest of MEA
- 20.4.2. By Product Type
- 20.4.3. By Application
- 20.4.4. By Price Range
- 20.4.5. By End User
- 20.4.6. By Sales Channel
- 20.5. Market Attractiveness Analysis
- 20.5.1. By Country
- 20.5.2. By Product Type
- 20.5.3. By Application
- 20.5.4. By Price Range
- 20.5.5. By End User
- 20.5.6. By Sales Channel
- 20.6. Market Trends
- 20.7. Key Market Participants - Intensity Mapping
- 20.8. Drivers and Restraints - Impact Analysis
21. Market Structure Analysis
- 21.1. Market Analysis by Tier of Companies (Hotel Gift Card)
- 21.2. Market Concentration
- 21.3. Market Share Analysis of Top Players
- 21.4. Market Presence Analysis
- 21.4.1. By Regional Footprint of Players
- 21.4.2. Product Footprint by Players
- 21.4.3. Channel Footprint by Players
22. Competition Analysis
- 22.1. Competition Dashboard
- 22.2. Pricing Analysis by Competition
- 22.3. Competition Benchmarking
- 22.4. Competition Deep Dive
- 22.4.1. Amazon.com Inc.
- 22.4.1.1. Overview
- 22.4.1.2. Product Portfolio
- 22.4.1.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.1.4. Sales Footprint
- 22.4.1.5. Strategy Overview
- 22.4.2. Blackhawk Network Holdings, Inc.
- 22.4.2.1. Overview
- 22.4.2.2. Product Portfolio
- 22.4.2.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.2.4. Sales Footprint
- 22.4.2.5. Strategy Overview
- 22.4.3. MakeMyTrip Limited
- 22.4.3.1. Overview
- 22.4.3.2. Product Portfolio
- 22.4.3.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.3.4. Sales Footprint
- 22.4.3.5. Strategy Overview
- 22.4.4. Avani Hotels & Resorts Limited
- 22.4.4.1. Overview
- 22.4.4.2. Product Portfolio
- 22.4.4.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.4.4. Sales Footprint
- 22.4.4.5. Strategy Overview
- 22.4.5. Anantara Hotels, Resorts & Spas
- 22.4.5.1. Overview
- 22.4.5.2. Product Portfolio
- 22.4.5.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.5.4. Sales Footprint
- 22.4.5.5. Strategy Overview
- 22.4.6. Travelgift.cards
- 22.4.6.1. Overview
- 22.4.6.2. Product Portfolio
- 22.4.6.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.6.4. Sales Footprint
- 22.4.6.5. Strategy Overview
- 22.4.7. Toga Far East Hotels
- 22.4.7.1. Overview
- 22.4.7.2. Product Portfolio
- 22.4.7.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.7.4. Sales Footprint
- 22.4.7.5. Strategy Overview
- 22.4.8. Accor
- 22.4.8.1. Overview
- 22.4.8.2. Product Portfolio
- 22.4.8.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.8.4. Sales Footprint
- 22.4.8.5. Strategy Overview
- 22.4.9. Expedia Group
- 22.4.9.1. Overview
- 22.4.9.2. Product Portfolio
- 22.4.9.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.9.4. Sales Footprint
- 22.4.9.5. Strategy Overview
- 22.4.10. Arp-Hansen Hotel Group
- 22.4.10.1. Overview
- 22.4.10.2. Product Portfolio
- 22.4.10.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.10.4. Sales Footprint
- 22.4.10.5. Strategy Overview
- 22.4.11. Valencia Hotel Group
- 22.4.11.1. Overview
- 22.4.11.2. Product Portfolio
- 22.4.11.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.11.4. Sales Footprint
- 22.4.11.5. Strategy Overview
- 22.4.12. Taj Hotels
- 22.4.12.1. Overview
- 22.4.12.2. Product Portfolio
- 22.4.12.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.12.4. Sales Footprint
- 22.4.12.5. Strategy Overview
- 22.4.13. Qwikcilver Solutions Pvt. Ltd.
- 22.4.13.1. Overview
- 22.4.13.2. Product Portfolio
- 22.4.13.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.13.4. Sales Footprint
- 22.4.13.5. Strategy Overview
- 22.4.14. Other Players
- 22.4.14.1. Overview
- 22.4.14.2. Product Portfolio
- 22.4.14.3. Profitability by Market Segments (Product/Channel/Region)
- 22.4.14.4. Sales Footprint
- 22.4.14.5. Strategy Overview
23. Assumptions and Acronyms Used
24. Research Methodology