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Country Report

Luxury Hotels (5-star plus) in

Luxury Hotels (5-Star Plus) in Romania

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

Luxury hotels remains underdeveloped

According to the latest data published by the National Institute of Statistics, there were 6,946 tourist structures in Romania in 2016. This included hotels, motels, villas and chalets, agrotourism, bungalows and other types of accommodation.

Increased interest in three-star superior hotels

The category registered positive current retail value growth in 2016 and 2017 after a significant decline in 2009 and modest recovery in 2010. One of the key drivers of this growth was growing tourism and the increasing number of high-net-worth individuals as well as a rise in the number of affluent leisure and business travellers.

COMPETITIVE LANDSCAPE

Marriott International Inc leads luxury hotels

Marriott became one of the leading hospitality service providers in Romania thanks to its world-class facilities and innovation. Its Grand Hotel in Bucharest is strategically located for easy accessibility, which gives it a competitive edge.

Expectations for the forecast period

Rising disposable incomes, the presence of rich corporate culture, and a growth in the number of international events are expected to drive growth over the forecast period. The positive trend recorded in the last two years of the review period is set to continue, but growth will be based more on increases in the average price rather than volume growth.

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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 Romania 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 Romania, our research will save you time and money while empowering you to make informed, profitable decisions.

The Luxury Hotels (5-star plus) in Romania 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 Romania?
What are the major brands in Romania?
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

Megatrends

Country Report

Luxury Hotels (5-Star Plus) in Romania

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Luxury hotels remains underdeveloped

Increased interest in three-star superior hotels

COMPETITIVE LANDSCAPE

Marriott International Inc leads luxury hotels

Expectations for the forecast period

Overview

Why buy this report?

SAMPLES

Delivery

Overview

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Megatrends

Country Report

Luxury Hotels (5-Star Plus) in Romania

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Luxury hotels remains underdeveloped

Increased interest in three-star superior hotels

COMPETITIVE LANDSCAPE

Marriott International Inc leads luxury hotels

Expectations for the forecast period

Overview

Why buy this report?

SAMPLES

Delivery

Overview

Want to find out more about this report?

Why buy this report?

Want to find out more about this report?

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