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Country Report

Luxury Hotels (5-star plus) in

Luxury Hotels in Ukraine

Jan 2020

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

Economic and political stability offer growth opportunities for tourism and luxury hotels

The new government, following presidential and parliamentary elections in 2019, plans to accelerate economic growth and attract more foreign investments over the forecast period. If successful, there will be opportunities to develop the infrastructure and quality of the hotel offer, including luxury hotels.

Investment in luxury hotels set to remain concentrated in key tourism areas

While economic and political stability is expected to create developmental opportunities for luxury hotels, a high increase in the number of outlets is unlikely in the short to medium term. The high-income population remains small, with the middle class still strongly affected by the crisis of the early review period.

Luxury hotels seek to tap into potential offered by legalisation of casinos

While casinos are still formally forbidden in Ukraine, hotels are seen as the hubs for this type of tourist attraction. Luxury hotels are pivotal to the development of experiential luxury programmes in Ukraine.

COMPETITIVE LANDSCAPE

Casinos offer InterContinental and Fairmont opportunity to regain shares

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

Leading players leverage international name and standards to lure foreign visitors

All the leading chained players seek to attract visitors by offering exceptional levels of service that meet international standards. As demand from domestic consumers is low, these players leverage their international names to appeal to wealthy foreign visitors.

Investment focuses on marketing and advertising over new hotel openings

Luxury hotels continued to be beset by low investment towards the end of the review period. The most recent significant luxury hotel opening came in 2017 with MGallery in Odessa.

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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.

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 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

HEADLINES

PROSPECTS

Economic and political stability offer growth opportunities for tourism and luxury hotels

Investment in luxury hotels set to remain concentrated in key tourism areas

Luxury hotels seek to tap into potential offered by legalisation of casinos

COMPETITIVE LANDSCAPE

Casinos offer InterContinental and Fairmont opportunity to regain shares

Leading players leverage international name and standards to lure foreign visitors

Investment focuses on marketing and advertising over new hotel openings

CATEGORY DATA

Table 1 Sales in Luxury Hotels: Value 2014-2019
Table 2 Sales in Luxury Hotels: % Value Growth 2014-2019
Table 3 Sales in Luxury Hotels by Country of Origin: % Value 2014-2019
Table 4 NBO Company Shares in Luxury Hotels: % Value 2014-2018
Table 5 LBN Brand Shares in Luxury Hotels: % Value 2015-2018
Table 6 Forecast Sales in Luxury Hotels: Value 2019-2024
Table 7 Forecast Sales in Luxury Hotels: % Value Growth 2019-2024

Luxury Goods in Ukraine - Industry Overview

EXECUTIVE SUMMARY

Demand benefits from more stable political and economic situation

Affordable luxury pushes sales, but fear of fraudulent products remains high

Must-have perception and high unit prices underpin leadership of car companies

Online sales grow but consumers still prefer to see and test out goods in stores

Emerging middle-class consumer base underpins growth potential for luxury goods

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2014-2019

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2014-2019
Table 10 Sales of Luxury Goods by Category: % Value Growth 2014-2019
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
Table 12 NBO Company Shares of Luxury Goods: % Value 2014-2018
Table 13 LBN Brand Shares of Luxury Goods: % Value 2015-2018
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2019
Table 15 Forecast Sales of Luxury Goods by Category: Value 2019-2024
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024

Megatrends

Country Report

Luxury Hotels in Ukraine

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Economic and political stability offer growth opportunities for tourism and luxury hotels

Investment in luxury hotels set to remain concentrated in key tourism areas

Luxury hotels seek to tap into potential offered by legalisation of casinos

COMPETITIVE LANDSCAPE

Casinos offer InterContinental and Fairmont opportunity to regain shares

Leading players leverage international name and standards to lure foreign visitors

Investment focuses on marketing and advertising over new hotel openings

Overview

Why buy this report?

SAMPLES

Delivery

Overview

Want to find out more about this report?

Table of Contents

Luxury Hotels in Ukraine - Category analysis

HEADLINES

PROSPECTS

Economic and political stability offer growth opportunities for tourism and luxury hotels

Investment in luxury hotels set to remain concentrated in key tourism areas

Luxury hotels seek to tap into potential offered by legalisation of casinos

COMPETITIVE LANDSCAPE

Casinos offer InterContinental and Fairmont opportunity to regain shares

Leading players leverage international name and standards to lure foreign visitors

Investment focuses on marketing and advertising over new hotel openings

CATEGORY DATA

Luxury Goods in Ukraine - Industry Overview

EXECUTIVE SUMMARY

Demand benefits from more stable political and economic situation

Affordable luxury pushes sales, but fear of fraudulent products remains high

Must-have perception and high unit prices underpin leadership of car companies

Online sales grow but consumers still prefer to see and test out goods in stores

Emerging middle-class consumer base underpins growth potential for luxury goods

MARKET INDICATORS

MARKET DATA

SOURCES

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