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Country Report

Luxury Hotels (5-star plus) in

Luxury Hotels in Sweden

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

Luxury hotels is severely affected by COVID-19 due to travel restrictions

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.

With local mobility still prevalent, hotels in Sweden have been promoting the idea of a staycation

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.

Luxury hotels are generally independent in Sweden

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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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.

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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 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

KEY DATA FINDINGS

2020 IMPACT

Luxury hotels is severely affected by COVID-19 due to travel restrictions

With local mobility still prevalent, hotels in Sweden have been promoting the idea of a staycation

Luxury hotels are generally independent in Sweden

RECOVERY AND OPPORTUNITIES

As business and leisure travel is resumed, a recovery is anticipated in luxury hotels

New concepts introduced during COVID-19 will continue drawing guests in the forecast period

European and American tourists are the heaviest users of luxury hotels

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 Sweden - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

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 Sweden

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Luxury hotels is severely affected by COVID-19 due to travel restrictions

With local mobility still prevalent, hotels in Sweden have been promoting the idea of a staycation

Luxury hotels are generally independent in Sweden

Overview

Why buy this report?

SAMPLES

Delivery

Overview

Want to find out more about this report?

Table of Contents

Luxury Hotels in Sweden - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Luxury hotels is severely affected by COVID-19 due to travel restrictions

With local mobility still prevalent, hotels in Sweden have been promoting the idea of a staycation

Luxury hotels are generally independent in Sweden

RECOVERY AND OPPORTUNITIES

As business and leisure travel is resumed, a recovery is anticipated in luxury hotels

New concepts introduced during COVID-19 will continue drawing guests in the forecast period

European and American tourists are the heaviest users of luxury hotels

CATEGORY DATA

Luxury Goods in Sweden - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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