Category: Hotels & Lodging
Hotels & Lodging market research reports by Euromonitor International
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Indonesia Lodging (Destination)
Lodging (Destination) in Indonesia Lodging (destination) maintains a positive performance in Indonesia in 2024, with healthy hotel occupancy rates. That said, the sector continues its ongoing recovery in line with travel and tourism stabilisation in general, following the disruptors of the pandemic ... Read More
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The US Travel
Travel in the US Continued strong consumer demand for travel in the US in 2024 is allowing the industry to fight back against difficult economic conditions, but travel companies have had to adjust to shifting consumer expectations. The experience of US consumers in relation to their travel desires h ... Read More
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Mexico Travel
Travel in Mexico By the end of 2023, Mexico led Latin America in tourism's contribution to national GDP, accounting for 28.5% of the total, according to the World Travel and Tourism Council. This positioned Mexico as a leading tourist power and highlighted its significant potential. In 2024, tourism ... Read More
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Italy Travel
Travel in Italy Travel is set to perform very well in Italy in 2024, with increasing trends for inbound and domestic tourism, and also a positive performance for outbound travel. Italians, as well as people abroad, are willing to travel, and indeed consider it a priority; consequently, most destinat ... Read More
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France Travel
Travel in France 2024 has been an excellent year for travel in France with strong growth in inbound arrivals, and domestic and outbound flows. This has been supported by major events such as the 80th Anniversary of the Normandy landings in June and the Paris Olympics in July. Physical spectators in ... Read More
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Australia Travel
Travel in Australia In 2024, travel in Australia continues to experience a strong recovery in inbound arrival numbers, particularly for leisure purposes. The growth in domestic trips slowed in 2023, with this trend continuing in 2024, as travel restrictions lifted and Australians showed a strong int ... Read More
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Austria Travel
Travel in Austria Travel in Austria continues to recover strongly in the post-Coronavirus (COVID-19) pandemic period. In 2024, inbound and outbound tourism flows are projected to exceed the 2019 pre-pandemic levels, while the number of domestic trips is close to returning to the 2019 level. In addit ... Read More
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Chile Travel
Travel in Chile Travel and tourism in Chile is experiencing a remarkable resurgence post-pandemic. This revitalisation is attributed to a resurgence in leisure and business travel, fuelled by strategic initiatives such as the ""Meet in Chile"" programme, which has positioned the country as a premier ... Read More
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Malaysia Travel
Travel in Malaysia Tourism in Malaysia is on a strong upswing in 2024. Malaysia's travel industry is enjoying a positive recovery, with several factors influencing its ongoing development. The full return of travellers from China would be a game changer, but current restrictions continue to impede r ... Read More
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Austria Lodging (Destination)
Lodging (Destination) in Austria Lodging in Austria remains on the up at the end of the review period. In 2024, the total number of room nights in hotels in Austria is finally expected to exceed the 2019 pre-Coronavirus (COVID-19) pandemic level. Business trips and long-distance travel are still sli ... Read More
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Argentina Lodging (Destination)
Lodging (Destination) in Argentina While there are significant opportunities for luxury hotels across Argentina, given their relative scarcity, the number of these lodgings has not increased significantly due to ongoing economic instability, which deters companies from making the substantial investm ... Read More
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South Korea Lodging (Destination)
Lodging (Destination) in South Korea The changing landscape of inbound tourism is set to impact hotels in South Korea. Traditionally focused on group tourists in Seoul and Jeju, hotels are now shifting towards individual travel, driven by the lifting of travel bans and pandemic restrictions. This mo ... Read More
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Hong Kong, China Lodging (Destination)
Lodging (Destination) in Hong Kong, China The slow recovery of long-haul visitors to Hong Kong has been a significant hurdle for upscale and luxury hotels that traditionally cater for this segment. These visitors, known for longer stays and higher spending, have been notably absent, impacting the re ... Read More
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Singapore Lodging (Destination)
Lodging (Destination) in Singapore Singapore’s travel industry is currently experiencing notable recovery from the pandemic-induced decline, with inbound arrivals set to recover to nearly the pre-pandemic level in 2024. This recovery is also leading to significant progress in value sales across vari ... Read More
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Mexico Lodging (Destination)
Lodging (Destination) in Mexico An increase in energy and labour costs, in addition to fluctuations in the exchange rate with respect to the US dollar, has challenged lodging operators in Mexico to maintain profitability, while also facing a greater room offer and thus competition. Large hotel chain ... Read More
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The US Lodging (Destination)
Lodging (Destination) in the US While the cost of living remains high for US consumers, as do ADRs across hotels, luxury and upscale hotel brands have been performing well. In fact, they are far outperforming the budget segment, even though it would be expected that many consumers would be looking f ... Read More
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The United Arab Emirates Lodging (Destination)
Lodging (Destination) in the United Arab Emirates The luxury hotel segment in the United Arab Emirates is recording significant growth, with an increasing number of new high-end properties being developed. This trend aligns with the position of the United Arab Emirates as a global luxury destination ... Read More
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Hong Kong, China Travel
Travel in Hong Kong, China 2024 is a year of repositioning for Hong Kong as a destination. The Hong Kong travel industry is experiencing a nuanced recovery post-pandemic, with inbound tourism gradually returning to pre-pandemic levels. Notably, China, a key source market that is expected to contribu ... Read More
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Singapore Travel
Travel in Singapore In 2024, Singapore is gradually approaching the pre-COVID-19 number of inbound arrivals, expecting to see full recovery in 2025. Meanwhile, outbound travel surged in 2023, with strong interest continuing into 2024 despite higher costs, focusing on destinations such as Japan, Thai ... Read More
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China Lodging (Destination)
Lodging (Destination) in China Hotels is set to see another strong year in China in 2024, continuing its rebound in retail current value terms, although will be unable to return to the pre-pandemic (2019) level of sales. Nevertheless, the category continues to benefit from the release of pent-up dem ... Read More
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Colombia Lodging (Destination)
Lodging (Destination) in Colombia The hotel landscape in Colombia is experiencing notable growth, reflecting the country's strengthening as an expanding destination. Following the outbreak of COVID-19, there has been an increase in licenses granted for hotel projects, with 349,000 square meters regi ... Read More
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France Lodging (Destination)
Lodging (Destination) in France Lodging went through a period of normalisation in France in 2022 and 2023 as guest numbers gradually recovered from the impact of the COVID-19 health crisis. The pandemic had a hugely damaging impact on travel and tourism during 2020 and 2021 with people unwilling or ... Read More
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Vietnam Lodging (Destination)
Lodging (Destination) in Vietnam Lodging in Vietnam is set to witness dynamic current value growth in 2024. In 2024, resorts located near the beach, or with a road leading to the beach, continue to be highly favoured by tourists, with families and Gen Z primarily driving the boom in beach tourism. P ... Read More
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Japan Lodging (Destination)
Lodging (Destination) in Japan The increase in inbound tourism at the end of the review period has led to a surge in lodging facilities, especially those managed by foreign hotel chains. In 2023, several new hotels were inaugurated in different cities, including the Bvlgari Hotel in Tokyo, Dusitani ... Read More
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China Travel
Travel in China 2024 is expected to be a year of continued strong recovery in the number of domestic as well as cross-border trips in China. Although domestic long-haul travel remains relatively down, this is expected to be more than offset by the strong recovery of mid-haul travel. Travellers are n ... Read More
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