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 Poland

Jan 2021

Luxury hotels were hugely affected by COVID-19, with value sales falling by a half. The hotels were forced to close for six weeks during the strict lockdown and when they did open up again, occupancy rates were well below average and a lot of ...

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Luxury Hotels in Spain

Jan 2021

Spain entered a national lockdown in March 2020 which lasted for three months. The strict lockdown measures were eventually lifted after three months, however a large percentage of luxury hotels in the country remained closed as a result of the ...

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Luxury Hotels in Turkey

Jan 2021

As in other countries around the world, the COVID-19 pandemic severely impacted the tourism industry in Turkey in 2020, including luxury hotels. Ongoing uncertainty around changing travel restrictions meant that many consumers were wary of making ...

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Luxury Hotels in the Netherlands

Jan 2021

The environment for luxury hotels in 2020 went in an opposite direction to what was expected at the beginning of the year as a result of the COVID-19 pandemic. Luxury hotels experienced steep decline in demand fuelled by border closures leading to a ...

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Luxury Hotels in Thailand

Jan 2021

Luxury hotels in Thailand recorded a very negative sales performance during 2020 as value sales plummeted over the course of the year. The main reason for this was the impact of the COVID-19 pandemic, which robbed the category of its main consumer ...

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Luxury Hotels in Singapore

Jan 2021

The restrictions placed on international visitors by the Singapore Government in order to contain the outbreak of COVID-19 has severely impacted the hotel and travel industries. This is particularly the case for luxury hotels which rely heavily on ...

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Luxury Hotels in the United Arab Emirates

Jan 2021

The government imposed a number of national lockdown and social distancing measures throughout the United Arab Emirates in 2020 in order to curb the spread of COVID-19 in public places. In response to these restrictions and measures, and in order to ...

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Luxury Hotels in Russia

Jan 2021

Luxury hotels sees steep declines in 2020 due to the impacts from COVID-19. The Russian government imposed a self-isolation regime between 30 March and 1 June 2020 and, during this time, the majority of hotels were closed for two months, namely April...

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Luxury Hotels in Romania

Jan 2021

The restrictions on travel imposed by many source countries severely impacted the number of high-end inbound tourists to the country during the COVID-19 pandemic, even though Mexico did not impose travel restrictions during the crisis and borders ...

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Luxury Hotels in China

Jan 2021

Luxury hotels experienced a significant contraction in 2020 with the industry being particularly badly affected in the first quarter of the year by lockdown and ongoing travel restrictions. The government-enforced lockdowns led to booking ...

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Luxury Hotels in Brazil

Jan 2021

During the period of greatest uncertainty at the beginning of the pandemic, between April and June 2020, travel restrictions were imposed, affecting all types of tourism and negatively impacting the industry’s performance. Given the particularly high...

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Luxury Hotels in Italy

Jan 2021

Luxury hotels will be significantly negatively impacted by the outbreak of COVID-19, with lockdowns and forced closures impacting sales. In addition, travel restrictions into Italy will severely dampen the level of international travellers across ...

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Luxury Hotels in the US

Jan 2021

Luxury hotels recorded a dramatic decline in retail value sales in 2020, as international travel bans and stay-at-home orders meant to curb the spread of COVID-19 led international and domestic consumers alike to cancel vacations and business trips ...

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Luxury Hotels in Ukraine

Jan 2021

With luxury hotels closed for several months in 2020 due to COVID-19 and with only a tiny number of foreign visitors over the whole year, luxury hotels had a disastrous year in 2020, with absolute value sales almost halved. Even when the strict ...

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Luxury Hotels in Mexico

Jan 2021

The restrictions on travel imposed by many source countries severely impacted the number of high-end inbound tourists to the country during the COVID-19 pandemic, even though Mexico did not impose travel restrictions during the crisis and borders ...

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Luxury Hotels in the United Kingdom

Jan 2021

The COVID-19 outbreak led to a severe reduction in growth in luxury hotels in 2020, as the UK government implemented necessary quarantines and social distancing practices to contain the COVID-19 pandemic. The nature of luxury hotels means they are ...

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Luxury Hotels in Germany

Feb 2020

In 2019, luxury hotels in Germany benefited once again from the increasing number of business and leisure tourist arrivals. Being a main destination for leisure travel and business purposes, Germany attracted more tourists in 2019 which contributed ...

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Luxury Hotels in India

Feb 2020

Domestic consumers are making a growing contribution to the development of the luxury hotels category in India. Rising demand amongst local consumers is underpinned by increasing disposable incomes and the growing tendency for consumers to take short...

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Luxury Hotels in Taiwan

Feb 2020

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

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Luxury Hotels in Australia

Feb 2020

With environmental concerns increasingly shaping the choices of luxury goods consumers, particularly millennials, sustainability has become a key trend in luxury hotels in recent years. Several operators have taken steps to reduce energy, water and ...

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