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Luxury Hotels in South Korea

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    Report

  • 19 Pages
  • January 2021
  • Region: South Korea
  • Euromonitor International
  • ID: 4461147
There were no hotel closures during the COVID-19 outbreak. From late August, which saw a surge in cases following the 3-day holiday over 15-17 of that month, hotel buffets were included as one of the places where people were considered particularly at risk of contracting COVID-19.

The Luxury Hotels in South Korea 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.

Table of Contents

KEY DATA FINDINGS
2020 IMPACT
  • Luxury hotels reach new consumers
  • Hotels benefit from cancellation of events
  • Players use TV homeshopping to promote their offer

RECOVERY AND OPPORTUNITIES
  • Local consumers likely to remain important target group
  • Alternative accommodation types represent a threat to luxury hotels
  • Advertising and promotion likely to evolve

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

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

DISCLAIMERGLOBAL MACROECONOMIC ENVIRONMENTGLOBAL INDUSTRY ENVIRONMENT
SOURCES
  • Summary 1 Research Sources