Luxury Hotels in Germany

April 2022 | 18 pages | ID: L16FF563272EN
Euromonitor International Ltd

Abstracts

Luxury hotels saw a considerably different performance in 2021 when compared with 2020. While in 2020, as the pandemic spread rapidly through the country, there were hard lockdowns and overall restrictions during most of the year, in 2021 there was a softening of these restrictions. Naturally, consumers with strong purchasing power were eager to spend part of their savings, accumulated throughout the pandemic, on experiential activities, leading demand to grow rapidly, generating even higher rev...

Euromonitor International's Luxury Hotels in Germany report offers a comprehensive guide to the size and shape of the Luxury Hotels 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 retailing along with the development of consumers’ shopping patterns. Forecasts to 2026 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 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

LUXURY HOTELS IN GERMANY
KEY DATA FINDINGS
2021 DEVELOPMENTS
Vaccination programme increases perceived safety amongst consumers
Tourists slowly return as travel restrictions ease
Luxury hotels update their approach to the new reality
PROSPECTS AND OPPORTUNITIES
Category set to recover and grow strongly in the forecast period
Digitalisation and post-pandemic rethinking to change business travel dynamics
Competition expected to increase as the category expands
CATEGORY DATA
Table 1 Sales in Luxury Hotels: Value 2016-2021
Table 2 Sales in Luxury Hotels: % Value Growth 2016-2021
Table 3 NBO Company Shares in Luxury Hotels: % Value 2016-2020
Table 4 LBN Brand Shares in Luxury Hotels: % Value 2017-2020
Table 5 Forecast Sales in Luxury Hotels: Value 2021-2026
Table 6 Forecast Sales in Luxury Hotels: % Value Growth 2021-2026
LUXURY GOODS IN GERMANY
EXECUTIVE SUMMARY
Strong recovery despite prolonged disruption caused by the pandemic
The pandemic necessitates the e-commerce route
Personal luxury brands keep losing ground to premium and luxury cars
Lockdowns in 2021 further improve the performance of e-commerce
Luxury goods expected to grow solidly across categories
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2016-2021
Table 8 Sales of Luxury Goods by Category: % Value Growth 2016-2021
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
Table 10 NBO Company Shares of Luxury Goods: % Value 2016-2020
Table 11 LBN Brand Shares of Luxury Goods: % Value 2017-2020
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2021
Table 13 Forecast Sales of Luxury Goods by Category: Value 2021-2026
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources