Luxury hotels saw a
double-digit current value decline in 2020. Interprovincial and international
restrictions due to the COVID-19 lockdown to stop the spread of the virus led
to a reduction in the travel and tourism industry, which was limited to
business travel. As a result, luxury hotels were under pressure, with sales not
reaching the level seen in 2019, impacting the overall incomes and profits of
luxury hotels. This placed hotels such as the Hilton at the point of temporary
closure. With t
Luxury Hotels in South Africa 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.
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