Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Country Report

Luxury Hotels (5-star plus) in

Luxury Hotels in the Philippines

13 pages, Feb 2019

US$990

Add to cart Pay by invoice

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!

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

Tourism boosts luxury hotels as prices remain competitive and amenities expand

Many tourists staying in luxury hotels in the Philippines are attracted by prices that are competitive with those on offer in neighbouring countries. With consumers’ huge dependence on mobile applications and the internet, guests can quickly and easily compare between hotel prices within and without the country.

Middle-income families prefer luxury hotels for celebrations and stays

As more and more consumers prefer buffets to house parties for celebrations, the use of luxury hotels is growing fast among middle-income families. Popular social celebrations and events held in luxury hotels include birthdays, anniversaries, school graduations and Christmas Eve and New Year’s Eve parties, among many others.

New luxury hotels set to open in the Philippines as demand soars

Some of the luxury hotels scheduled to open in the Philippines during the forecast period include Hotel Okura, Ritz-Carlton Manila, Sheraton in Manila and Cebu and Dusit Thani in Cebu. The trend for opening new luxury hotels is informed by the boom in tourism and the burgeoning use of facilities by middle-income families.

COMPETITIVE LANDSCAPE

Shang Properties enjoys wide coverage and prestige in the country

Shang Properties’ clear leadership of luxury hotels is enhanced by the attractiveness of its outlets, which are perceived to offer beauty and elegance. Moreover, the top chained luxury hotelier in the Philippines benefits from strategic locations in the most visited areas of the country.

Strategic locations remain a key success factor

The location of a luxury hotel remains highly important for players aiming to succeed in the Philippines. Well-appointed hotels entice visitors and extra spend; especially as the country’s transportation system is underdeveloped.

Quality foodservice offers players a competitive advantage

Players are expected to take advantage of the burgeoning use of luxury hotels by middle-income families. High-quality foodservice is usually a big hit with Filipino families, as they utilise luxury hotels for a whole host of social events and celebrations.

Files are delivered directly into your account within a few minutes of purchase.

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.

SAMPLES

FAQS ABOUT SAMPLES

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

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

Want to find out more about this report?

Request more information

Luxury Hotels in the Philippines - Category analysis

HEADLINES

PROSPECTS

Tourism boosts luxury hotels as prices remain competitive and amenities expand

Middle-income families prefer luxury hotels for celebrations and stays

New luxury hotels set to open in the Philippines as demand soars

COMPETITIVE LANDSCAPE

Shang Properties enjoys wide coverage and prestige in the country

Strategic locations remain a key success factor

Quality foodservice offers players a competitive advantage

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 the Philippines - Industry Overview

EXECUTIVE SUMMARY

Luxury goods remains resilient in the face of unfriendly economic conditions

Positive 2018 growth for luxury goods

Highly fragmented, fast-developing industry

Internet retailing shoots for fastest growth

Positive, if slower growth forecast due to economic fears

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 the Philippines

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Tourism boosts luxury hotels as prices remain competitive and amenities expand

Middle-income families prefer luxury hotels for celebrations and stays

New luxury hotels set to open in the Philippines as demand soars

COMPETITIVE LANDSCAPE

Shang Properties enjoys wide coverage and prestige in the country

Strategic locations remain a key success factor

Quality foodservice offers players a competitive advantage

Overview

Why buy this report?

SAMPLES

Delivery

Overview

Want to find out more about this report?

Table of Contents

Luxury Hotels in the Philippines - Category analysis

HEADLINES

PROSPECTS

Tourism boosts luxury hotels as prices remain competitive and amenities expand

Middle-income families prefer luxury hotels for celebrations and stays

New luxury hotels set to open in the Philippines as demand soars

COMPETITIVE LANDSCAPE

Shang Properties enjoys wide coverage and prestige in the country

Strategic locations remain a key success factor

Quality foodservice offers players a competitive advantage

CATEGORY DATA

Luxury Goods in the Philippines - Industry Overview

EXECUTIVE SUMMARY

Luxury goods remains resilient in the face of unfriendly economic conditions

Positive 2018 growth for luxury goods

Highly fragmented, fast-developing industry

Internet retailing shoots for fastest growth

Positive, if slower growth forecast due to economic fears

MARKET INDICATORS

MARKET DATA

SOURCES

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Country Reports

Recently Viewed

Complete Catalogue

Country Reports