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Country Report

Luxury Hotels (5-star plus) in

Luxury Hotels in Ukraine

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

Value sales hugely impacted by lack of foreign visitors due to COVID-19

With luxury hotels closed for several months in 2020 due to COVID-19 and with only a tiny number of foreign visitors over the whole year, luxury hotels had a disastrous year in 2020, with absolute value sales almost halved. Even when the strict lockdown ended, there was no significant increase in value sales, as the majority of luxury hotel guests in Ukraine are foreign visitors and foreign visitor numbers did not pick up at all in 2020.

International hotels chains dominate and value sales remain relatively low

Luxury hotels in Ukraine is comprised of international chains. The capital city Kiev has the highest concentration of luxury hotels.

Potential for growth is thwarted by small number of high-income consumers in Ukraine

A significant increase in the number of luxury hotel rooms is unlikely in the short to medium term. The high-income population remains small, with the middle class still strongly affected by the Russia/Ukraine conflict earlier in the review period and now having to contend with the economic fallout from COVID-19.

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

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

KEY DATA FINDINGS

2020 IMPACT

Value sales hugely impacted by lack of foreign visitors due to COVID-19

International hotels chains dominate and value sales remain relatively low

Potential for growth is thwarted by small number of high-income consumers in Ukraine

RECOVERY AND OPPORTUNITIES

Once international travel resumes, value growth will return

No significant increase in luxury hotel rooms over the forecast period

Potential legalisation of casinos could create opportunity for luxury hotels over the forecast period

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 Ukraine - 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 Ukraine

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Value sales hugely impacted by lack of foreign visitors due to COVID-19

International hotels chains dominate and value sales remain relatively low

Potential for growth is thwarted by small number of high-income consumers in Ukraine

Overview

Why buy this report?

SAMPLES

Delivery

Overview

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Table of Contents

Luxury Hotels in Ukraine - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Value sales hugely impacted by lack of foreign visitors due to COVID-19

International hotels chains dominate and value sales remain relatively low

Potential for growth is thwarted by small number of high-income consumers in Ukraine

RECOVERY AND OPPORTUNITIES

Once international travel resumes, value growth will return

No significant increase in luxury hotel rooms over the forecast period

Potential legalisation of casinos could create opportunity for luxury hotels over the forecast period

CATEGORY DATA

Luxury Goods in Ukraine - 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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