Hotel Gift Card Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

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:

Business
Individuals

Sales Channel:

Online
Offline

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa (MEA)

Product Code: PMRREP31497

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