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Country Report

Luxury Hotels (5-star plus) in

Luxury Hotels in Sweden

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

Luxury hotels expected to record a weaker performance over the forecast period

Luxury hotels is expected to record a weaker performance over the forecast period as competition from other hotels outside the luxury space has increased significantly. In addition, the luxury hotel segment in 2018 remained relatively small, with there being only six outlets classified as 5-star hotels.

Category’s small size means there remains room for new players

The above-mentioned six 5-star hotels in Sweden are all located in urban areas. Three are in Central Stockholm, one in Greater Stockholm and the other two in the next largest city of Gothenburg.

American tourists remain the heaviest users of luxury hotels

The proportion of sales accounted for by tourists is growing. The number of Chinese and American tourists rose rapidly in 2017 to then slow in 2018.

COMPETITIVE LANDSCAPE

AB Nya Grand Hotel remains the clear leader

AB Nya Grand Hotel remained the clear leader in luxury hotels in 2017. Despite intensifying competition, the company’s Grand Hôtel continued to post positive, albeit modest, value growth when compared to previous years.

Hotel Diplomat is the latest addition to luxury hotels

Hotel Diplomat had a longstanding presence as a 4-star hotel but received its fifth star at the beginning of 2017. The hotel sought to secure its ranking in 2018 by acquiring neighbouring property, part of which it then transformed into conference facilities.

Niche positioning and a focus on conferences expected to help support growth

Finding a niche and/or focusing on business guests are expected to be successful strategies for luxury hotels over the forecast period. Like the Hotel Diplomat in 2017, expanding one’s number of conference rooms to cater for the demands of businesses is a strategy likely to be adopted by other hotels.

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Overview

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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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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 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:

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 Sweden?
What are the major brands in Sweden?
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 Sweden - Category analysis

HEADLINES

PROSPECTS

Luxury hotels expected to record a weaker performance over the forecast period

Category’s small size means there remains room for new players

American tourists remain the heaviest users of luxury hotels

COMPETITIVE LANDSCAPE

AB Nya Grand Hotel remains the clear leader

Hotel Diplomat is the latest addition to luxury hotels

Niche positioning and a focus on conferences expected to help support growth

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 Sweden - Industry Overview

EXECUTIVE SUMMARY

Luxury goods impacted by changing consumer preferences

Luxury cars drive value sales in an otherwise modestly growing market

Luxury carmakers dominate sales of luxury goods

Non-grocery specialists remains by far the dominant distribution channel

Modest growth predicted over the forecast period

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2013-2018

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2013-2018
Table 10 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 12 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 13 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 15 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023

Megatrends

Country Report

Luxury Hotels in Sweden

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Luxury hotels expected to record a weaker performance over the forecast period

Category’s small size means there remains room for new players

American tourists remain the heaviest users of luxury hotels

COMPETITIVE LANDSCAPE

AB Nya Grand Hotel remains the clear leader

Hotel Diplomat is the latest addition to luxury hotels

Niche positioning and a focus on conferences expected to help support growth

Overview

Why buy this report?

SAMPLES

Delivery

Overview

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Table of Contents

Luxury Hotels in Sweden - Category analysis

HEADLINES

PROSPECTS

Luxury hotels expected to record a weaker performance over the forecast period

Category’s small size means there remains room for new players

American tourists remain the heaviest users of luxury hotels

COMPETITIVE LANDSCAPE

AB Nya Grand Hotel remains the clear leader

Hotel Diplomat is the latest addition to luxury hotels

Niche positioning and a focus on conferences expected to help support growth

CATEGORY DATA

Luxury Goods in Sweden - Industry Overview

EXECUTIVE SUMMARY

Luxury goods impacted by changing consumer preferences

Luxury cars drive value sales in an otherwise modestly growing market

Luxury carmakers dominate sales of luxury goods

Non-grocery specialists remains by far the dominant distribution channel

Modest growth predicted over the forecast period

MARKET INDICATORS

MARKET DATA

SOURCES

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