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Country Report

Luxury Hotels (5-star plus) in

Luxury Hotels in Brazil

Jan 2021

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!

2020 IMPACT

The most impacted sector in the luxury industry due to travel restrictions

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 number of cases of COVID-19 registered in Brazil, most of the main travel destinations banned the arrival of Brazilians as a preventative measure.

Brazilians typically account for only half of the visitors in the main luxury hotels

Brazil is traditionally a major destination for foreign tourists, with foreign visitors being responsible for a substantial proportion of the revenues generated by local operators in luxury tourism. Brazilian high net worth tourists are also commonly among the most important nationalities in rankings by expenditure in major luxury shopping destinations such as New York and Paris.

The impact of foreign travel bans softened by domestic escapist tourism

The shift in the focus of Brazilian tourism to the domestic market offered new opportunities for local luxury destinations, especially those located in natural landscapes on the coast or in the countryside, providing distance from the largest urban centres and the favourable conditions of avoiding large groups of people, benefiting both physical and mental health. Destinations around the cities of São Paulo and Rio de Janeiro had limits imposed on their capacity, reducing this to around half of the usual figure, and many quickly reached this new capacity.

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

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

KEY DATA FINDINGS

2020 IMPACT

The most impacted sector in the luxury industry due to travel restrictions

Brazilians typically account for only half of the visitors in the main luxury hotels

The impact of foreign travel bans softened by domestic escapist tourism

RECOVERY AND OPPORTUNITIES

Isolation and nature appeal to local consumers

Renting luxury houses in the countryside or on the coast may bring opportunities for new models of service

CATEGORY DATA

Table 1 Sales in Luxury Hotels: Value 2015-2020
Table 2 Sales in Luxury Hotels: % Value Growth 2015-2020
Table 3 Sales in Luxury Hotels by Country of Origin: % Value 2015-2020
Table 4 NBO Company Shares in Luxury Hotels: % Value 2015-2019
Table 5 LBN Brand Shares in Luxury Hotels: % Value 2016-2019
Table 6 Forecast Sales in Luxury Hotels: Value 2020-2025
Table 7 Forecast Sales in Luxury Hotels: % Value Growth 2020-2025

Luxury Goods in Brazil - Industry Overview

EXECUTIVE SUMMARY

COVID-19 pandemic prevents a recovery in sales of luxury goods

COVID-19 country impact

Luxury brands seek new ways to engage with consumers

E-commerce sees sales grow

Greater social inequality forces a focus on HNWIs, requiring a more flexible industry in the coming years

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2015-2020
Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025

Megatrends

Country Report

Luxury Hotels in Brazil

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

The most impacted sector in the luxury industry due to travel restrictions

Brazilians typically account for only half of the visitors in the main luxury hotels

The impact of foreign travel bans softened by domestic escapist tourism

Overview

Why buy this report?

SAMPLES

Delivery

Overview

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Table of Contents

Luxury Hotels in Brazil - Category analysis

KEY DATA FINDINGS

2020 IMPACT

The most impacted sector in the luxury industry due to travel restrictions

Brazilians typically account for only half of the visitors in the main luxury hotels

The impact of foreign travel bans softened by domestic escapist tourism

RECOVERY AND OPPORTUNITIES

Isolation and nature appeal to local consumers

Renting luxury houses in the countryside or on the coast may bring opportunities for new models of service

CATEGORY DATA

Luxury Goods in Brazil - Industry Overview

EXECUTIVE SUMMARY

COVID-19 pandemic prevents a recovery in sales of luxury goods

COVID-19 country impact

Luxury brands seek new ways to engage with consumers

E-commerce sees sales grow

Greater social inequality forces a focus on HNWIs, requiring a more flexible industry in the coming years

MARKET INDICATORS

MARKET DATA

DISCLAIMER

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GLOBAL INDUSTRY ENVIRONMENT

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