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Country Report

Luxury Hotels (5-star plus) in

Luxury Hotels (5-Star Plus) in Canada

15 pages, Feb 2018

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Upscale travellers drive growth of luxury hotels

Luxury hotels (5-star plus) in Canada saw a good start in 2017 with an increasing number of upscale travellers. Canada became one of the top tourist destinations in the world, attracting more tourists from overseas, in addition to those from the US, with the number of international visitors growing fast on a year-on-year basis.

There is significant investment in luxury hotels and resorts

Major Canadian cities moved up the ladder of world destinations. The New York Times named Canada as the top travel destination for 2017.

Luxury hotels highlight a unique local experience

More and more luxury hotels and resorts in Canada reposition themselves as full-service providers offering a local luxurious experience to clients. Upscale leisure travellers increasingly look for a unique and authentic experience during their travels, with a gradual shifting away from traditional standardised hotel service.

COMPETITIVE LANDSCAPE

Marriott International leads luxury hotels in GBO terms in Canada

Marriott International expanded its portfolio and strengthened its market position through acquisitions. After acquiring Delta Hotels and Resorts in 2015, Marriott International became the largest hotel chain in Canada.

Boutique hotels and historic hotels gain popularity in the luxury band

Despite the fact that large hotel chains still dominate luxury hotels in Canada, both boutique hotels and historic hotels show strong potential of attracting upscale tourists due to their unique characters. While large luxury hotels succeed due to their consistently high-standard service, boutique luxury hotels appeal to sophisticated travellers by creating an authentic and unique hotel stay experience.

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Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Luxury Hotels (5-star plus) industry in Canada with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Luxury Hotels (5-star plus) industry in Canada, our research will save you time and money while empowering you to make informed, profitable decisions.

The Luxury Hotels (5-star plus) in Canada market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Luxury Hotels (5-star plus) in Canada?
What are the major brands in Canada?
What is the rate of development for chained hotels vs independent hotels?
How are luxury hotels performing compared to mid-priced and budget hotels?
Is there an increase in hostels and campsites?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our

Travel and Tourism market research database

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Luxury Hotels (5-Star Plus) in Canada - Category analysis

HEADLINES

PROSPECTS

Upscale travellers drive growth of luxury hotels

There is significant investment in luxury hotels and resorts

Luxury hotels highlight a unique local experience

COMPETITIVE LANDSCAPE

Marriott International leads luxury hotels in GBO terms in Canada

Boutique hotels and historic hotels gain popularity in the luxury band

CATEGORY DATA

Table 1 Sales in Luxury Hotels (5-star plus): Value 2012-2017
Table 2 Sales in Luxury Hotels (5-star plus): % Value Growth 2012-2017
Table 3 Sales in Luxury Hotels (5-star plus) by Country of Origin: % Value 2013-2017
Table 4 NBO Company Shares of Luxury Hotels (5-star plus): % Value 2012-2016
Table 5 LBN Brand Shares of Luxury Hotels (5-star plus): % Value 2013-2016
Table 6 Forecast Sales in Luxury Hotels (5-star plus): Value 2017-2022
Table 7 Forecast Sales in Luxury Hotels (5-star plus): % Value Growth 2017-2022

Luxury Goods in Canada - Industry Overview

EXECUTIVE SUMMARY

Luxury goods in Canada maintains healthy growth in 2017

Producers of luxury brands see growth potential of millennial consumers

Retail landscape of luxury goods remains fragmented and highly competitive

Store-based retailing continues to dominate retail sales

More competition is expected in luxury goods

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2012-2017

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2012-2017
Table 10 Sales of Luxury Goods by Category: % Value Growth 2012-2017
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2017
Table 12 NBO Company Shares of Luxury Goods: % Value 2012-2016
Table 13 LBN Brand Shares of Luxury Goods: % Value 2013-2016
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2017
Table 15 Forecast Sales of Luxury Goods by Category: Value 2017-2022
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2017-2022

Megatrends

Country Report

Luxury Hotels (5-Star Plus) in Canada

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Upscale travellers drive growth of luxury hotels

There is significant investment in luxury hotels and resorts

Luxury hotels highlight a unique local experience

COMPETITIVE LANDSCAPE

Marriott International leads luxury hotels in GBO terms in Canada

Boutique hotels and historic hotels gain popularity in the luxury band

Overview

Why buy this report?

SAMPLES

Delivery

Overview

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Table of Contents

Luxury Hotels (5-Star Plus) in Canada - Category analysis

HEADLINES

PROSPECTS

Upscale travellers drive growth of luxury hotels

There is significant investment in luxury hotels and resorts

Luxury hotels highlight a unique local experience

COMPETITIVE LANDSCAPE

Marriott International leads luxury hotels in GBO terms in Canada

Boutique hotels and historic hotels gain popularity in the luxury band

CATEGORY DATA

Luxury Goods in Canada - Industry Overview

EXECUTIVE SUMMARY

Luxury goods in Canada maintains healthy growth in 2017

Producers of luxury brands see growth potential of millennial consumers

Retail landscape of luxury goods remains fragmented and highly competitive

Store-based retailing continues to dominate retail sales

More competition is expected in luxury goods

MARKET INDICATORS

MARKET DATA

SOURCES

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