While luxury hotels continues to see steady growth, overall growth lags behind the recovery in the lodging industry as a whole. Over 2017 and 2018, luxury hotels recorded slower growth in terms of the average daily rate as well as the occupancy rate compared to other lodging options such as mid-market hotels. The ongoing change in spending patterns has been one of the major causes limiting the growth of luxury hotels. Prior to 2014, Hong Kong was a popular destination for many wealthy visitors,...
Euromonitor International's Luxury Hotels in Hong Kong, China report offers a comprehensive guide to the size and shape of the Luxury Hotels market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Hotels retailing along with the development of consumers' shopping patterns. Forecasts to 2023 illustrate how the market is set to change
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Luxury Hotels market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market's major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
Luxury Hotels in Hong Kong, China
Euromonitor International
February 2019
LIST OF CONTENTS AND TABLES
Headlines
Prospects
Strong Recovery But Change in Spending Patterns Undermines Potential Growth
Promising Outlook Despite Challenges
the Importance of Direct Online Sales
Competitive Landscape
Sun Hung Kai Properties Ltd Retains Lead But Loses Share
Local Brands Lag Behind in Digital Upgrades
Number of New Openings
Category Data
Table 1 Sales in Luxury Hotels: Value 2013-2018
Table 2 Sales in Luxury Hotels: % Value Growth 2013-2018
Table 3 Sales in Luxury Hotels by Country of Origin: % Value 2013-2017
Table 4 NBO Company Shares in Luxury Hotels: % Value 2013-2017
Table 5 LBN Brand Shares in Luxury Hotels: % Value 2014-2017
Table 6 Forecast Sales in Luxury Hotels: Value 2018-2023
Table 7 Forecast Sales in Luxury Hotels: % Value Growth 2018-2023
Executive Summary
Luxury Goods Continues Its Recovery
Consumer Confidence Returns
Electric Cars and "the China Dream" Influence Demand
Internet Retailing Gains Interest
Positive Outlook for Luxury Goods Despite Challenges
Market Indicators
Table 8 Number of High Net Worth Individuals (HNWI): 2013-2018
Market Data
Table 9 Sales of Luxury Goods by Category: Value 2013-2018
Table 10 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 12 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 13 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 15 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023
Sources
Summary 1 Research Sources
| Price : US$ 3500 | Date : Nov 2024 |
| Category : Consumer Goods and Retail | Pages : 109 |
| Price : US$ 3500 | Date : Nov 2024 |
| Category : Services | Pages : 160 |
| Price : US$ 3500 | Date : Oct 2024 |
| Category : Consumer Goods and Retail | Pages : 154 |
| Price : US$ 3500 | Date : Oct 2024 |
| Category : Services | Pages : 190 |
| Price : US$ 3500 | Date : Oct 2024 |
| Category : Consumer Goods and Retail | Pages : 124 |
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