Luxury Hotels in Russia

December 2021 | 18 pages | ID: L3B1C5CC50BEN
Euromonitor International Ltd

Abstracts

Occupancy rates in luxury hotels plummeted in 2020, with this being reflected in the huge decline in current value terms. As Russia and the rest of the world began to rollout vaccination programmes consumer confidence in travel showed signs of a recovery, with this being supported by an easing of restrictions. Nonetheless, luxury hotels did not see a full recovery in 2021 with the new waves of COVID-19 continuing to place a limit on inbound arrivals, with domestic tourism unable to fully compens...

Euromonitor International's Luxury Hotels in Russia 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 2025 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 RUSSIA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Luxury hotels on a slow path to recovery as COVID-19 remains a threat
Prices rise and new sanitation measures come into play as luxury hotels look to ride the challenges presented by COVID-19
Moscow and St Petersburg see strong recovery, boosted by mandatory vaccination rules and hosting of large events
PROSPECTS AND OPPORTUNITIES
The ongoing recovery of luxury hotels dependent on the epidemiological situation
Heavier reliance on foreign visitors makes luxury hotels more vulnerable to travel restrictions
Challenges remain which may require a new approach, with less reliance on exclusivity
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 RUSSIA
EXECUTIVE SUMMARY
Luxury goods in 2021: The big picture
2021 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
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