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Learn moreJan 2021
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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 cancellations forcing many hotels across the country to close.
Prior to the pandemic, category growth was being supported by an increase in demand for wellness retreats, red tourism and glamping. Moreover, there had been a rise in luxury hotel usage due to the growing number of affluent Chinese consumers seeking more personalised and unique accommodation experiences.
Marriott international Inc retained the lead in luxury hotels in 2019. Marriott International operates a number of luxury hotel brands in China, including Renaissance, JW Marriott, Bulgari, Edition and Autograph.
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Discover the latest market trends and uncover sources of future market growth for the Luxury Hotels (5-star plus) industry in China 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 China, our research will save you time and money while empowering you to make informed, profitable decisions.
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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.