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Country Report

Luxury Hotels (5-star plus) in

Luxury Hotels in Australia

16 pages, Feb 2019

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

The demand for experiential luxury

The move from traditional luxury goods to more experiential and intangible luxuries is creating opportunities for luxury hotels. With the general population being able to afford and own luxury goods, consumers are moving from products to services.

Personalisation

Customers paying a premium price for a luxury hotel expect more than just exquisite products, intricate designs and extraordinary service. Hotels can successfully differentiate by offering personalised services coupled with an authentic luxury experience to leave customers with a story to tell.

New disruptors

Chinese tourists are a major force driving the growth of luxury hotels. Therefore, customising offerings to cater to this demographic, which strongly contributes to sales, whilst maintaining an outlet’s heritage, will prove to be key for luxury hotels.

COMPETITIVE LANDSCAPE

Upcoming hotels

A trend of expansion into more remote areas of Australia has been observed in luxury hotels, where the competition is minimal. For example, Longitude 131 is a luxury resort which was opened at Uluru, in the Northern Territory, where no other luxury hotels operate.

Collaborations

Numerous luxury brands are now trying to enter or sustain their positions in the market by enhancing the experiences they provide through strategic collaborations. Examples include Armani, Bvlgari and Versace, which recently entered luxury hotels through collaborations.

The desire to connect and interact

Consumers are seeking experiences that will aid them in their personal growth. Luxury travel is no longer just about pampering or enjoying the 5-star experience alone, but also about forming connections and interacting with communities.

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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.

SAMPLES

FAQS ABOUT SAMPLES

Delivery

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

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

HEADLINES

PROSPECTS

The demand for experiential luxury

Personalisation

New disruptors

COMPETITIVE LANDSCAPE

Upcoming hotels

Collaborations

The desire to connect and interact

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

Luxury Goods in Australia - Industry Overview

EXECUTIVE SUMMARY

Attractive macroeconomic factors lead to growth

Sustainability is more important than ever

International brands win with major mergers and acquisitions

The growing importance of an omnichannel approach

The incorporation of technology

MARKET DATA

Table 8 Sales of Luxury Goods by Category: Value 2013-2018
Table 9 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 11 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 12 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 14 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023

Megatrends

Country Report

Luxury Hotels in Australia

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

The demand for experiential luxury

Personalisation

New disruptors

COMPETITIVE LANDSCAPE

Upcoming hotels

Collaborations

The desire to connect and interact

Overview

Why buy this report?

SAMPLES

Delivery

Overview

Want to find out more about this report?

Table of Contents

Luxury Hotels in Australia - Category analysis

HEADLINES

PROSPECTS

The demand for experiential luxury

Personalisation

New disruptors

COMPETITIVE LANDSCAPE

Upcoming hotels

Collaborations

The desire to connect and interact

CATEGORY DATA

Luxury Goods in Australia - Industry Overview

EXECUTIVE SUMMARY

Attractive macroeconomic factors lead to growth

Sustainability is more important than ever

International brands win with major mergers and acquisitions

The growing importance of an omnichannel approach

The incorporation of technology

MARKET DATA

SOURCES

Why buy this report?

Want to find out more about this report?

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