Following impressive double-digit current value growth recorded by luxury hotels in 2018, boosted by the FIFA World Cup and the high number of football fans that visited the country, the category experienced decline in 2019. Although incoming tourist numbers were healthy for the year, subdued GDP growth, leading to a slowing economy and weaker consumer confidence, resulted in lower demand from domestic tourism. Nevertheless, the number of high net worth individuals continued to rise in Russia, w...
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 2024 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.
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