Luxury Hotels (5-Star Plus) in Singapore

March 2018 | 15 pages | ID: LD8FC0EF9EBEN
Euromonitor International Ltd

Abstracts

Luxury hotels underperformed in 2017, as demand from business travellers, comprising the bulk of its clientele, weakened as companies tightened their travel budgets amidst global economic fluctuations. In addition, receipts from leisure travellers were unable to offset the drop in business travellers. Despite an increase in tourist arrivals, mainly from China’s second- and third-tier cities, a large proportion of them are budget-conscious travellers. They often come in tour groups and have tight...

Euromonitor International's Luxury Hotels (5-star plus) in Singapore report offers a comprehensive guide to the size and shape of the Luxury Hotels (5-star plus) market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Hotels (5-star plus) retailing along with the development of consumers’ shopping patterns. Forecasts to 2022 illustrate how the market is set to change

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Luxury Hotels (5-star plus) market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Headlines
Prospects
Fall in Tourists Spending on Luxury Hotel Accommodation Dampens Growth
Average Daily Room Rate Drops
Competitive Landscape
Marina Bay Sands Leads Sales in 2016
Competition From Non-luxury Hotels Intensifies
Category Data
  Table 1 Sales in Luxury Hotels (5-star plus): Value 2012-2017
  Table 2 Sales in Luxury Hotels (5-star plus): % Value Growth 2012-2017
  Table 3 Sales in Luxury Hotels (5-star plus) by Country of Origin: % Value 2013-2017
  Table 4 NBO Company Shares of Luxury Hotels (5-star plus): % Value 2012-2016
  Table 5 LBN Brand Shares of Luxury Hotels (5-star plus): % Value 2013-2016
  Table 6 Forecast Sales in Luxury Hotels (5-star plus): Value 2017-2022
  Table 7 Forecast Sales in Luxury Hotels (5-star plus): % Value Growth 2017-2022
Executive Summary
Marginal Growth As Demand Weakens
Personalisation Services To Feed Consumers' Demand
Luxury Players Look To Expand Younger Consumer Base
Opening of New Boutiques in Singapore
Challenges Ahead for Luxury Goods
Market Indicators
  Table 8 Number of High Net Worth Individuals (HNWI): 2012-2017
Market Data
  Table 9 Sales of Luxury Goods by Category: Value 2012-2017
  Table 10 Sales of Luxury Goods by Category: % Value Growth 2012-2017
  Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2017
  Table 12 NBO Company Shares of Luxury Goods: % Value 2012-2016
  Table 13 LBN Brand Shares of Luxury Goods: % Value 2013-2016
  Table 14 Distribution of Luxury Goods by Format and Category: % Value 2017
  Table 15 Forecast Sales of Luxury Goods by Category: Value 2017-2022
  Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2017-2022
Sources
  Summary 1 Research Sources