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Luxury Hotels in Taiwan

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    Report

  • 15 Pages
  • December 2021
  • Region: Taiwan
  • Euromonitor International
  • ID: 4519286
As a result of the COVID-19 pandemic, many luxury hotels have been forced to close as they have been unable to survive the drastic decline in inbound tourism. However, the closure of some hotels is not wholly down to the pandemic. The Tourism Bureau, part of the Ministry of Transportation and Communications, is looking to attract inbound tourists from countries in regions like the EU or the Americas in 2021 as part of its new southbound tourists policy.

The publisher's Luxury Hotels in Taiwan 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
2021 DEVELOPMENTS
  • Luxury hotels focusing on new southbound policy countries in the EU and Americas prior to the pandemic
  • While some hotels close indefinitely, others do so only temporarily
  • 5-star hotels offer cruise-style accommodation packages to encourage local customers to stay with them

PROSPECTS AND OPPORTUNITIES
  • Luxury hotel players focus on domestic visitors as international travel expected to take some time to recover
  • Luxury hotels expected to rebound quicker than budget hotels
  • Luxury hotels take advantage of the COVID-19 cash bailout offered by the government

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 TAIWAN
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