Luxury Hotels (5-star plus)

Euromonitor International publishes the world's most comprehensive market research on the luxury hotels industry.  Our reports feature a wealth of standardised and cross-comparable statistics including total market sizes, market share and brand share data, distribution and industry trends.

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Luxury Hotels in Turkey

Jan 2020

The opening of Istanbul's new airport in April 2019, contributed to an increased performance for luxury hotels during the year, bringing new customers to the location. Due to the significant increase of visitors to Turkey, hotel occupancy rates ...

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Luxury Hotels in Poland

Jan 2020

Poland continued to experience a boom in the number of hotels being opened towards the end of the review period, although most of the newly-opened facilities concerned 3- to 4-star hotels. With the exception of the re-opening of the Raffles ...

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Luxury Hotels in Hong Kong, China

Jan 2020

Conditions of economic slowdown in China due to the trade war with the US, and the extended period of social unrest in Hong Kong, had a negative impact on the luxury hotel industry. This industry is highly dependent on the mainland market, with ...

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Luxury Hotels in Italy

Jan 2020

Luxury hotels maintained a stable current value growth rate in 2019. International tourism flows increased in recent years in Italy, as travellers played it safe and avoided terror-hit destinations such as France. However, beyond this temporary ...

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Luxury Hotels in the United Arab Emirates

Feb 2019

While the local economy remains sluggish, luxury hotel sales continue to be boosted by rising tourism numbers, as well as government efforts to promote the area, with demand continuing to increase among both local residents and foreigners. Residents ...

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Luxury Hotels in Taiwan

Feb 2019

Taiwan's tourism industry has been sluggish in recent years, hampering the development of the hotel industry. However, while the overall hotels category is suffering from over-supply, the niche segment of luxury hotels continues to grow. Hyatt ...

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Luxury Hotels in Romania

Feb 2019

Luxury hotels in Romania is on the rise, but still needs further development to reach an optimal structure. Globally, luxury hotels is changing on a number of levels. Due to a new generation of passionate travellers, people are seeking unique and ...

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Luxury Hotels in Thailand

Feb 2019

Tourism is expected to remain an important economy contributor in Thailand. The government plans to launch programmes and policies to support the industry. This should provide a boost to hotels, airlines, travel agencies, restaurants, domestic ...

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Luxury Hotels in Spain

Feb 2019

Luxury hotels are increasingly playing the “togetherness” card to compete against home sharing platforms such as Airbnb. Customers of luxury hotels usually travel with family and friends, and protecting these groups and creating bonding and ...

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Luxury Hotels in South Africa

Feb 2019

Both domestic and international travellers frequent South African hotels. However, the high price of luxury hotels frequently makes them accessible only to a niche group of local travellers, ie high income earners and the wealthy. The weaker rand, on...

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Luxury Hotels in Indonesia

Feb 2019

Indonesia, as one of the biggest tourist destinations in Southeast Asia, has become one of the major targets for luxury hotels. In 2016, there were 10 luxury hotels being developed by international hotel chains, such as the international brand The ...

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Luxury Hotels in the US

Feb 2019

Luxury hotels maintained steady current value growth in 2018; a trend which is expected to continue into the forecast period. Consumer demand in the US remained strong, fuelled by the positive economic outlook for the country. Consumer confidence, ...

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Luxury Hotels in Brazil

Feb 2019

The worsening economy has resulted in a decline in occupancy rates in recent years in Brazil. On the one hand, consumers reduced expenditure on travel, thus negatively affecting the lodging segment. On the other hand, business travel also decreased ...

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Luxury Hotels in Argentina

Feb 2019

The occupancy rate at luxury hotels in Argentina registered a strong increase in 2017, which continued into 2018. The recovery of corporate travel and the larger number of events such as the G-20, an international forum composed of the EU and 19 ...

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Luxury Hotels in China

Feb 2019

In today’s China, luxury travellers and consumers are getting younger. Meanwhile, there is also a changing attitude towards the concept of luxury. It has become more about the unique experience instead of hotel loyalty. For many consumers, it is not ...

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Luxury Hotels in the United Kingdom

Feb 2019

With the Brexit vote weakening the pound and increasing the number of tourists, revenue growth in luxury hotels was substantial in 2018. Local consumers, however, are the key driver of growth, as there is a strong desire amongst UK consumers, ...

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Luxury Hotels in India

Feb 2019

As the Indian economy continues to grow, there is a substantial rise in the number of international travellers visiting the country for business, many of whom prefer to stay in luxury hotels. Also, there are international travellers who continue to ...

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Luxury Hotels in Hong Kong, China

Feb 2019

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 ...

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Luxury Hotels in France

Feb 2019

Terrorist attacks in Paris and Nice have led to a climate of insecurity for tourism in France. Since then, the return of international customers has been slow, whilst domestic hotel arrivals, which account for more than 70% of hotel arrivals in ...

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Luxury Hotels in Canada

Feb 2019

The strong growth seen in luxury hotels in 2017 continued into 2018, with an increasing number of upscale travellers visiting Canada. In 2017, Canada experienced a record-breaking 21 million tourists, according to Destinations Canada. Tourism was ...

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