+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Luxury Hotels in Thailand

  • PDF Icon

    Report

  • 17 Pages
  • December 2021
  • Region: Thailand
  • Euromonitor International
  • ID: 5004109
Luxury hotels in Thailand recorded a contraction in value sales in 2020 with sales plummeting due to the onset of the COVID-19 pandemic, which robbed the category of its main consumer base: foreign tourists. The closure of Thailand’s borders to all foreign visitors formed a key plank of the official response to the COVID-19 pandemic and was seen as crucial to curbing the spread of the COVID-19 virus in the country.

The publisher's Luxury Hotels in Thailand 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
  • The absence of foreign tourists hits luxury hotels hard in 2020 with only a small rebound in 2021 as visitor numbers remain low
  • Faced with falling demand, luxury hotels increasingly focus on digital platforms
  • Luxury hotels unable to attract domestic tourists accommodate those having to quarantine while others are turned into hospitals or have to close temporarily

PROSPECTS AND OPPORTUNITIES
  • Luxury hotels widen the diversification of their services
  • Industry dependent on the reopening of the country’s borders and the arrival of wealthy international tourists once more
  • Redirection towards medical tourism in Phuket helps rebuild the province’s economy

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 THAILAND
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