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Boutique Hotels Market to Reach $18.0 Billion, Globally, by 2033 at 6.4% CAGR: Allied Market Research

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Boutique hotels will see more advancements in technological integration, which will improve visitor experiences while preserving a customized touch. These consist of AI-powered concierge services, smart room controls, mobile check-in and check-out, and immersive digital experiences. 

WILMINGTON, Del., Aug. 9, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Boutique Hotels Market by Type (Business Hotels, Suite Hotels, Airport Hotels, Resorts Hotels, and Others), Booking Channel (Phone Booking, Online Booking, and In Person Booking), Tourist Type (Domestic, and International), Tour Type (Independent Traveler, Package Traveler, and Tour Group), Gender (Men, and Women), and Age Group (15-25 Years, 26-35 Years, 36-45 Years, 46-55 Years, and 66-75 Years) : Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the boutique hotels market was valued at $9.8 Billion in 2023, and is estimated to reach $18.0 Billion by 2033, growing at a CAGR of 6.4% from 2024 to 2033.

 Request The Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/A06593 

Prime determinants of growth 

One of the main factors driving the boutique hotel industry’s expansion is the shift in consumer preferences toward customized and distinctive travel experiences. With their own appeal and personalized services, boutique hotels are well-positioned to meet the demands of guests who are seeking authenticity and local immersion. Technological developments facilitating smooth booking processes and customized amenities also support market expansion. Furthermore, guests who care about the environment are attracted to boutique hotels because of the focus on sustainability and eco-friendly methods. Finally, strategic alliances and partnerships in the tourism sector promote market accessibility and awareness, which creates opportunities for boutique hotel operators to expand.

Report coverage & details:

Report Coverage 

Details

Forecast Period 

2024–2035

Base Year 

2023

Market Size in 2023 

$9.8 billion 

Market Size in 2035 

$20.7 billion 

CAGR 

7.1 %

No. of Pages in Report 

488

Segments Covered 

Type, Booking Channel, Tourist Type, Tour Type, Gender, Age Group, and Region 

Drivers 

 

 Technological Advancements Sustainability and Eco-friendliness Experiential Travel Trend

Opportunities

 

 Digital Marketing and Distribution Adaptation to Changing Consumer Preferences

Restraints 

 

 High Operating Costs Regulatory Challenges

Segment Highlights 

Business visitors looking for individualized experiences are driving an increase in the boutique hotel industry. These hotels serve the demands of discerning professionals and are frequently distinguished by their cozy atmosphere and distinctive design aspects. Boutique hotels are a welcome change from conventional corporate lodging, with elegant facilities, modern technology, and convenient positions in important business areas. They design spaces useful for work and activities, emphasizing great service and meticulous attention to detail. The boutique hotel market is flourishing because it fulfills a unique niche in the larger hospitality sector, catering to business visitors who value distinctiveness and authenticity more than ever.

Online reservations for boutique hotels have increased significantly, driven by customers looking for distinctive and customized experiences. Boutique hotels have benefited from this trend by improving their online presence and expediting booking procedures as more travelers are using digital platforms to explore and make reservations. These boutique hotels provide a wide range of choices catered to specific preferences, from stylish urban hideaways to quiet rural getaways. With just a few clicks, tourists can book their perfect boutique stay with ease due to online booking platforms’ easy access to comprehensive descriptions, photographs, and customer reviews.

The market for boutique hotels is ideal for the discriminating independent traveler looking for one-of-a-kind and customized experiences. These cozy lodgings offer an alternative to chain hotels’ conventional approach by prioritizing individuality, charm, and frequently a sense of place. Boutique hotels, which have fewer rooms, emphasize personalized service and carefully chosen facilities to create an atmosphere of intimacy and exclusivity. Often located in trendy areas or historic districts, they strive to fully immerse guests in the heart of their destination through stylish decor and customized services. Boutique hotels provide travelers who are independent and looking for a little luxury mixed with authenticity with a memorable stay catered to their preferences.

Procure Complete Report (250 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/c39e113e36272830c2ab6dd1df52aa6c 

Regional Outlook

Various regional characteristics are exhibited by the market for boutique hotels. The U.S. leads North America in terms of the flourishing boutique hotel industry, especially in major cities like Los Angeles and New York City. With France, Italy, and the UK portrayed as important marketplaces, Europe has many boutique products. Boutique hospitality is expanding rapidly in Asia-Pacific, attracting affluent tourists looking for one-of-a-kind experiences in places like Thailand, Bali, and Japan. Emerging markets in Africa and Latin America are also growing, as boutique hubs like Cape Town and Buenos Aires establish themselves. The global need for customized, immersive travel experiences is evident from regional outlooks taken as a whole.

Players: –

Nine HoursContainer HotelsTubohotelThe Pod HotelRolling Huts Boutique HotelsKoyasan Guest HouseYotel HotelsOthers

The report provides a detailed analysis of these key players in the global boutique hotels market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Enquire before buying: https://www.alliedmarketresearch.com/purchase-enquiry/A06593 

Recent Developments:

In September 2023, the Postcard Hotel was once again the recipient of many major awards, including the esteemed title of “Asia’s Leading Boutique Hotel” from the 2023 World Travel Awards. The hotel’s position as an unmatched leader was strengthened by the overwhelmingly positive response and acknowledgment.In March 2024, Avari Hotels announced the pre-launch of two remarkable hotels. These are the Avari Express in Skardu and the Avari Boutique in Gujranwala. Both leisure and business travelers will have experiences like no other at these unique hotels.

Similar Reports:

Luxury Hotel Market https://www.alliedmarketresearch.com/luxury-hotel-market 

Ecotourism Market https://www.alliedmarketresearch.com/eco-tourism-market-A06364 

Online Travel Market https://www.alliedmarketresearch.com/online-travel-market 

Business Travel Market https://www.alliedmarketresearch.com/business-travel-market 

Luxury Travel Market https://www.alliedmarketresearch.com/luxury-travel-market 

Travel Accommodation Market https://www.alliedmarketresearch.com/travel-accommodation-market 

Sports Tourism Market https://alliedmarketresearch.com/sports-tourism-market-A13076 

Enotourism Market https://www.alliedmarketresearch.com/enotourism-market-A13687 

Personalized Travel and Experiences Market https://www.alliedmarketresearch.com/personalized-travel-and-experiences-market-A12540

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Linux Foundation Announces the Launch of Supporters of Chromium-Based Browsers

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New initiative to support open development and enhance projects within the Chromium ecosystem

SAN FRANCISCO, Jan. 9, 2025 /PRNewswire/ — The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced the launch of Supporters of Chromium-Based Bowsers. This initiative aims to fund open development and enhance projects within the Chromium ecosystem, ensuring broad support and sustainability for open source contributions that will drive technological advancement.

“With the launch of the Supporters of Chromium-Based Browsers, we are taking another step forward in empowering the open source community,” said Jim Zemlin, executive director of the Linux Foundation. “This project will provide much-needed funding and development support for open development of projects within the Chromium ecosystem.”

The Supporters of Chromium-Based Browsers will provide a neutral space where industry leaders, academia, developers, and the broader open source community can work together to support projects within the Chromium ecosystem. By fostering collaboration, the initiative aims to remove barriers to innovation, expand adoption, and ensure that projects within the Chromium ecosystem receive the resources they need to thrive. The Chromium projects themselves will remain under current, existing governance structures while just the new Supporters of Chromium-Based Browsers will be housed under the Linux Foundation.

Several leading organizations have already pledged their support for the initiative, including Google, Meta, Microsoft, and Opera. These organizations are committed to driving innovation in the Chromium ecosystem through their involvement in this initiative.

“With the incredible support of the Linux Foundation, we believe the Supporters of Chromium-Based Browsers is an important opportunity to create a sustainable platform to support industry leaders, academia, developers, and the broader open source community in the continued development and innovation of the Chromium ecosystem,” said Parisa Tabriz, VP, Chrome.”Microsoft is pleased to join this initiative which will help drive collaboration within the Chromium ecosystem. This initiative aligns with our commitment to the web platform through meaningful and positive contributions, engagement in collaborative engineering, and partnerships with the community to achieve the best outcome for everyone using the web,” said Meghan Perez, VP, Microsoft Edge.”As one of the major browsers contributing to the Chromium project, Opera is pleased to join the Supporters of Chromium-Based Browsers and to lend our efforts towards the development of the open-source ecosystem. We look forward to collaborating with members of the project to foster this growth and to keep building innovative and compelling products for all users,” said Krystian Kolondra, EVP Browsers, Opera.

The Supporters of Chromium-Based Browsers follow an open governance model, drawing from best practices established by other successful Linux Foundation initiatives. It prioritizes transparency, inclusivity, and community-driven development. A technical advisory committee (TAC) will be formed to guide the initiative’s development, ensuring that it meets the needs of the wider Chromium community.

About The Linux Foundation

The Linux Foundation is the world’s leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects are critical to the world’s infrastructure including Linux, Kubernetes, Node.js, ONAP, PyTorch, RISC-V, SPDX, OpenChain, and more. The Linux Foundation focuses on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.org.

Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page: [linuxfoundation.org/trademark-usage]

Media Contact
Jill Lovato
The Linux Foundation
jlovato@linuxfoundation.org

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Bet Caddy Partners with Profound Sports and Studio Init to Deliver a Game-Changing Personalized Live Sports Viewing Experience

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CHICAGO, Jan. 9, 2025 /PRNewswire/ — Bet Caddy, a next-generation sports entertainment platform, is thrilled to announce strategic partnerships with Profound Sports, an investment advisory firm and tech accelerator, and Studio Init, a full-service software development studio. These partnerships solidify Bet Caddy’s ability to deliver the ultimate personalized live sports viewing experience, starting with March Madness 2025.

With cutting-edge technology and a focus on curating the moments that matter most to fans, Bet Caddy is redefining how users watch and engage with live sports.

Profound Sports: Expanding Bet Caddy’s Industry Footprint

Profound Sports will bring over 20 years of experience in strategic advisory and technology innovation to Bet Caddy, with Luis Davila, Founder and Chairman of Profound Sports, joining the Bet Caddy board. Profound will leverage its extensive network of athletes, professional leagues, and relationships across the sports, media, and entertainment landscape to elevate Bet Caddy’s position as a leader in fan engagement.

“Bet Caddy is one of the few platforms launching in 2025 that fills a real need in the sports fan and betting engagement ecosystem,” said Luis Davila, Founder & Chairman of Profound Sports. “Through our network and expertise, we’ll help Bet Caddy capture the attention of leagues, rights holders, and fans while connecting the platform with the opportunities it needs to thrive. Bet Caddy has the tools to become the go-to platform for live sports engagement, and we’re proud to be a part of their journey.”

Studio Init: Delivering the Moments That Matter

In addition to the partnership with Profound Sports, Bet Caddy has teamed up with Studio Init, a full-service digital partner that empowers early-stage companies to succeed. They provide end-to-end solutions across design, engineering, and marketing services to help startups build, launch, and grow their software products. They will lead the design and development of the Bet Caddy platform, ensuring it delivers a seamless, personalized, and immersive experience for the 85 million sports bettors and fantasy players across the U.S. and Canada.

The Bet Caddy app, set to launch on the Apple App Store in line with the kickoff of March Madness 2025, will revolutionize live sports engagement by personalizing the viewing experience to every user’s unique stakes. Whether it’s tracking bets, fantasy team performance, favorite players, or bracket picks, Bet Caddy ensures fans are connected and watching every “edge-of-your-seat” moment.

“Studio Init is all about delivering results that move startups forward. We believed Bet Caddy was creating something groundbreaking and wanted to bring their vision to life,” said Henry T. Kirk, Partner at Studio Init. “Our goal is to develop a world-class sports technology platform that won’t just keep users informed—but immerse them in the game and show them the moments that matter most to their experience,” said Sven Phan, a Partner at Studio Init.

March Madness and Beyond: Bet Caddy’s Launch and Roadmap

Bet Caddy’s partnerships with Profound Sports and Studio Init ensure the platform delivers an unparalleled sports viewing experience during March Madness, one of the most anticipated sporting events of the year. With its nail-biting upsets, buzzer-beaters, and thrilling storylines, March Madness is the perfect stage for Bet Caddy’s debut.

But this is just the beginning. The platform’s innovations will continue to roll out during other major sporting events, including the NBA Playoffs, MLB Opening Day, and the kickoff of football season in Fall 2025, creating a year-round destination for fans to immerse themselves in live sports like never before.

“March Madness is only the starting line,” said Tony Ryan, CEO of Bet Caddy. “This platform is built for the fans who live for those critical moments in sports—the last-second shot, the underdog upset, the game-winning play. But it’s also built for the fan who’s watching a player grab two more rebounds to cash their parlay or rooting for extra innings to hit their over.”

“We’ve experienced the frustration of juggling sports betting apps, fantasy platforms and streaming services—it’s like being handcuffed to a phone in one hand and a remote in the other,” said Braden Gebavi, Chief Product Officer of Bet Caddy. “As passionate sports fans ourselves, we’re building this platform for the community we’re part of. Whether you’re in your living room or sitting at a sports bar in Las Vegas, Bet Caddy is designed to deliver fans the ultimate viewing experience.”

The Bet Caddy Advantage: Watch the Moments That Matter Most

Bet Caddy’s technology will transform how fans experience live games by solving one of the biggest challenges today: knowing what to watch, where to watch, and when to watch it. Trained to ingest live play-by-play and boxscore data, the interface notifies users the instant a pivotal moment occurs, providing a direct link to the action. Much like a “caddy” on the golf course always knows the right club to use, this product always knows the right game for fans to be viewing.

Each game has a limited number of truly “pivotal moments” that determine its outcome. For a traditional sports fan with no direct affiliation to either team, these moments are what make a game worth watching. However, when betting and fantasy sports come into play, every single snap, pitch, shot, throw, or assist becomes pivotal for someone. What was once a handful of key moments now expands to the total number of plays in a game.

By curating a personalized sports-watching experience, this platform ensures fans maximize the number of pivotal moments they see—whether it’s the critical shot in overtime or the next big play that decides a bet—keeping users engaged and on the edge of their seats.

What, Where, and When to Watch: The growing number of betting platforms, fantasy contests, and streaming services makes it increasingly challenging for fans to stay organized and updated during games. The technology simplifies the experience with a personalized scoreboard that displays relevant stats at a glance and provides one-click access to live game streams. All of the usual scoreboard scrolling and mental calculations typically done by fans are now automated, allowing users to focus entirely on the action that matters most.

Turning the Phone into the Ultimate Sports Remote: The product addresses the growing fragmentation in live sports content by creating a seamless way for modern fans to access games. It transforms the phone into a command center for live sports, enabling users to Airplay games to their TV and effortlessly switch between streams with just a tap. At launch, the app will provide streaming links for NBA and NCAA Men’s Basketball, with plans to expand to all major U.S. leagues in 2025.

A Personalized Sports Hub: The platform gives sports bettors, fantasy players, and traditional fans complete control of their sports-watching experience. Users can upload their bets from any sportsbook, create custom scoreboards, and sync their streaming services for a tailored setup. Fantasy and DFS lineup integration will debut during the 2025 MLB season, offering even more ways to make the app the ultimate solution for live sports.

By combining cutting-edge technology with a fan-first approach, the platform takes care of the what, where, and when so modern fans can focus on the thrill of the game. The app will be available for download in the Apple App Store in March 2025.

About Bet Caddy

Bet Caddy is a next-generation sports entertainment and technology company created to transform how fans connect with live sports. Headquartered in Chicago and founded by Tony Ryan and Braden Gebavi, Bet Caddy combines personalized technology, real-time data, and streaming access to deliver a seamless sports-watching experience. Designed for fans, sports bettors, and fantasy players, Bet Caddy’s platform ensures users never miss the action that matters most by analyzing preferences, stakes, and subscriptions to connect them directly to the key moments in every game.

About Profound Sports

Profound Sports is an investment advisory firm and accelerator specializing in sports, media, and entertainment. With over 20 years of experience and a vast network of athletes, leagues, and rights holders, Profound Sports empowers ventures to scale and thrive across the sports landscape.

About Studio Init

Studio Init is a zero-to-one software studio founded by former leaders from Google, Coinbase, and Amazon. Studio Init partners with early-stage startups transforming ideas into market-ready products using their decades of product development, design, engineering, and marketing expertise.

To learn more about Bet Caddy’s partnerships and vision, please visit the Bet Caddy website.

Media Contact
info@betcaddy.tv

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UnisLink Appoints Julie Klapstein and Christine Schuster to Board of Directors

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New board members provide depth in technology-enabled healthcare services, revenue cycle management, and clinical practice

PHOENIX, Jan. 9, 2025 /PRNewswire/ — UnisLink, a leading provider of full service revenue cycle management services, including value-based care software and services such as population health analytics, quality reporting, and risk analytics for physician practices, is proud to announce the addition of two healthcare industry veterans, Julie Klapstein and Christine Schuster, to UnisLink’s Board of Directors. They will join the existing board which also includes independent board member Mark Talley, a revenue cycle management industry veteran.

Julie Klapstein is an experienced operational executive in revenue cycle management and e-health solutions, while Christine Schuster brings decades of relevant healthcare experience and a deep understanding of our client base in clinical practice,” said David Strand, CEO of UnisLink. “They bring highly complementary experiences which will be an invaluable resource to the executive leadership team at UnisLink as we continue to scale the business.”

Julie Klapstein is a seasoned board member, advisor, and entrepreneur who has over 30 years of private and public company experience in the healthcare information technology and revenue cycle management sectors. She is the founding CEO of Availity, a healthcare IT company that optimizes the automated delivery of critical business and clinical information among healthcare stakeholders. Previously, Ms. Klapstein held executive roles at Phycom, Sunquest Information Systems, SMS, GTE Health Systems, and AT&T Information Systems. She has served or is currently serving on the boards of Amedisys, Aptarro, MultiPlan, NextGen, Oak Street Health, Omada, Revecore, and HCIM. Ms. Klapstein earned her bachelor’s degree from Portland State University in Portland, Oregon.

Christine C. Schuster, a Registered Nurse, has served as Chief Executive Officer and President of Emerson Hospital, Inc. since 2005. Prior to Emerson, she was the CEO of Quincy Medical Center and Athol Memorial Hospital, and held executive leadership roles at Tenet Saint Vincent Healthcare System and New England Deaconess Hospital. She previously served as a healthcare management consultant with Coopers and Lybrand. Ms. Schuster is the past Chair of the Massachusetts Health and Hospital Association Board of Directors and co-founder and Chair of the Massachusetts Value Alliance, a purchasing collaborative comprised of nine healthcare systems in MA and CT. She was named to Boston Magazine’s list of The Most Influential Bostonians for 2023 and 2024. For the past seven years, Emerson Health has been named to the Boston Globe/Women’s Edge Top 100 Women-led Businesses. Becker’s Hospital Review named her one of the Top 130 Hospital and System CEOs to Know. She is a frequent speaker at industry events on a wide variety of healthcare topics. Ms. Schuster received an MBA with honors from the University of Chicago Graduate School of Business and a BS in nursing from Boston University.

“UnisLink offers differentiated technology coupled with unparalleled customer service that positions the company extremely well to continue its aggressive growth trajectory,” said Ms. Klapstein. “I am eager to leverage my experience to support UnisLink’s operational strategy and commercial growth.”

“Physician practices in every specialty are under immense financial and operational pressures,” said Ms. Schuster. “UnisLink provides much-needed services in revenue cycle management with deep expertise to complement the clinical practice, ensuring that customers are compensated fairly and fully based on the patient services they provide. I am eager to join the Board, help support UnisLink’s continued commercial success and endorse the value they add.”

About UnisLink

UnisLink is a leading provider of end-to-end revenue cycle management (RCM) solutions, dedicated to helping physician practices thrive by improving their financial health. Headquartered in Phoenix, AZ, the company deploys unique technology, analytics, and skilled teams to enhance clinical outcomes while improving the financial performance of its customers. For more information, please visit www.unislink.com.

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