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Learn moreJan 2021
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Unlike most other countries, Sweden did not implement a strict lockdown, except for a ban on gatherings of more than 50 people that was introduced on 29 March (except for schools and workplaces). The Swedish government relied instead on the good judgement of its citizens while recommending social distancing, avoiding public events and self-isolation.
Luxury hotels in Sweden reported a steep decline in sales in the second quarter of 2020, as a result of which overall value sales in 2020 are significantly lower than in the previous year. To compensate for the significant loss in business activity, hotels in Sweden have been promoting the idea of a staycation, ie a package for guests to feel pampered, for those who desire a change from the home environment.
Independent luxury hotels, which are not tracked in the Euromonitor International data, are the norm in Sweden. Grand Hotel in Stockholm is the best-known one.
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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 Sweden 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 Sweden, our research will save you time and money while empowering you to make informed, profitable decisions.
The Luxury Hotels (5-star plus) in Sweden market research report includes:
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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.