Category: Hotels & Lodging
Hotels & Lodging market research reports by Euromonitor International
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Travel in Egypt
Travel in Egypt The travel and tourism industry in Egypt has been experiencing a remarkable revival, marked by increased occupancy rates, sustainable tourism initiatives, and the expansion of source markets. Collaborative efforts between the Ministry of Tourism and the UNDP have resulted in the Main ... Read More
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Travel in Saudi Arabia
Travel in Saudi Arabia Travel in Saudi Arabia is performing exceptionally well in 2023, having ranked first among all of the other Arab nations in terms of highest inbound visitors in 2022. Saudi Arabia has also experienced an incredible recovery in the number of airlines passengers, which are even ... Read More
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Lodging (Destination) in Saudi Arabia
Lodging (Destination) in Saudi Arabia Hotels in Saudi Arabia is registering strong year-on-year growth in 2023 with operators benefiting from meeting all of the pent-up demand as international and domestic pilgrims have been allowed to return without any cap. Saudi Arabia was in a better position co ... Read More
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Lodging (Destination) in Egypt
Lodging (Destination) in Egypt Egypt's hotel industry has been experiencing dynamic growth, with numerous hotels opening and many more expected to launch in the near future. From IHG Hotels and Resorts' Crown Plaza Hotel in West Cairo's Arkan Sheikh Zayed in February 2022 to Radisson's Marina Resort ... Read More
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Lodging (Destination) in South Korea
Lodging (Destination) in South Korea As in previous years, an increasing number of hotels new to South Korea are emerging. Among them, some are international brands, some are the expansion of established brands, while others are domestic names. Euromonitor International's Lodging (Destination) in So ... Read More
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Travel in Portugal
Travel in Portugal The tourism industry was one of the most affected industries by the COVID-19 pandemic in Portugal. The successive confinements, prohibitions and global restrictions led to the closure of hotels, the suspension of flights and cruise lines. While the industry come to a standstill an ... Read More
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Travel in Peru
Travel in Peru The travel market of Peru has continued to grow in 2023, but to a lesser extent than in 2022. However, it is still a long way from reaching pre-pandemic levels, especially with regard to the arrival of foreign tourists. The main factors that have contributed to the market’s growth hav ... Read More
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Travel in Mexico
Travel in Mexico In 2023, the global travel industry has been experiencing a resurgence as countries have adapted to the post-pandemic landscape. Despite the challenges faced in previous years, Mexico emerged as one of the few countries that remained open to tourists throughout the pandemic, and it ... Read More
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Lodging (Destination) in Taiwan
Lodging (Destination) in Taiwan Hotels in Taiwan continued to bounce back in 2023, although the number of room nights remained below pre-pandemic levels. The sector suffered during the pandemic, due to mobility restrictions, with resulted in some hotels closing, or becoming quarantine hotels, for an ... Read More
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Lodging (Destination) in the Netherlands
Lodging (Destination) in the Netherlands The rebound in the number of outlets alongside improving inbound tourism flows are expected to boost lodging’s performance over 2023. There is set to be a further increase in the number of outlets across lodging over 2023, supported by newly-built hotels, esp ... Read More
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Lodging (Destination) in Peru
Lodging (Destination) in Peru The lodging sector saw significant growth in 2022 and continued to grow in 2023, but to a lesser degree. However, its sales remained well below the levels registered prior to the pandemic, with growth rates being lower than the increase in flow of tourists. This is beca ... Read More
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Lodging (Destination) in the United Arab Emirates
Lodging (Destination) in the United Arab Emirates Dubai has shone as a regional leader in hotels in 2023, captivating travellers with its luxurious offerings, exceptional services, and diverse experiences. Boasting world-class amenities and catering to various preferences, from luxury seekers to cul ... Read More
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Lodging (Destination) in Portugal
Lodging (Destination) in Portugal Boosted by inflation, inbound tourism recovery, a strong domestic market and the rise of average daily rates, lodging saw value sales surpass pre-pandemic levels in 2022, with the positive trend maintained in 2023 with both value sales and bed nights reaching peaks ... Read More
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Travel in the Netherlands
Travel in the Netherlands In 2023, the number of leisure outbound trips is projected to exceed the 2019 pre-Coronavirus (COVID-19) level. Fuelled by still high pent-up demand, there have been high numbers of bookings for May and summer holidays, with land, rail and air travel prominent. Travel and t ... Read More
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Lodging (Destination) in Mexico
Lodging (Destination) in Mexico Lodging surpassed the 2019 level of current value sales in 2022. Nevertheless, in 2023 double-digit growth is still expected, with luxury and upscale hotels, and short-term rentals being the categories leading its expansion. To mitigate the impact of inflation, many b ... Read More
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Travel in South Korea
Travel in South Korea In 2022, the gradual removal of pandemic-related restrictions in South Korea led to a significant surge in outbound travel demand. This trend continues in 2023. Outbound travellers in both 2022 and 2023 have also been spending considerable sums of money, evidence of pent-up dem ... Read More
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Travel in Taiwan
Travel in Taiwan The travel industry in Taiwan continued on its road to recovery in 2023, with the volume of inbound arrivals having recorded high triple-digit growth over the previous year. Following the lifting of all COVID-19-related entry restrictions in October 2022, the number of international ... Read More
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Travel in Italy
Travel in Italy Travel in Italy is performing very well in 2023, with increasing travel flows both inbound and domestic. Domestic trips are seeing a particularly fast recovery with consumers looking to take holidays in closer proximity to their home with the possibility of travel by car. Italians ar ... Read More
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Lodging (Destination) in Vietnam
Lodging (Destination) in Vietnam Following the event of the COVID-19 pandemic, there has been a noticeable increase in the number of Vietnamese people who are prioritising their health, actively seeking ways to reduce stress, and taking care of their mental wellbeing. Recognising this emerging trend ... Read More
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Lodging (Destination) in Spain
Lodging (Destination) in Spain 2023 marks the return of inbound travellers to Spain, thus boosting hotel occupancy rates. Indeed, Spain is seeing a return to pre-pandemic levels of tourism, with good weather over the Easter and May bank holidays also benefitting domestic tourism. Summer is also prov ... Read More
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Lodging (Destination) in Belgium
Lodging (Destination) in Belgium Lodging (destination) continues to recover well from the COVID-19 slump in Belgium. By the end of 2023, all types of lodging are expected to exceed their 2019 pre-pandemic retail current value sales. In addition, the number of room nights in hotels is set to exceed t ... Read More
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Travel in Denmark
Travel in Denmark COVID-19 led to weaker results in 2020-2021 while lifting restrictions in 2022 led to a boom in travel results. With pent-up demand continuing to result in consumers booking trips, 2023 is expected to set records. Following two years of travel restrictions, Denmark is becoming an i ... Read More
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Travel in Israel
Travel in Israel With the World Health Organisation declaring the pandemic to be over in early 2023 and with COVID-19 restrictions no longer in place the outlook for travel in Israel is much brighter. This has led to a surge in inbound arrivals and outbound departures, although figures are not expec ... Read More
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Lodging (Destination) in New Zealand
Lodging (Destination) in New Zealand The upward trajectory of inbound arrivals, buoyed by China's borders reopening and the resurgence of Chinese tourists to New Zealand, played a pivotal role in sustaining the growth of value sales in the lodging sector throughout 2023. This momentum follows an ini ... Read More
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Travel in Vietnam
Travel in Vietnam Travel in Vietnam is being supported by the revival of tourism following the era of the pandemic when such activities and industries were curtailed. In 2023, Deputy Minister Hoang Dao Cuong signed Decision No. 405/QD-BVHTTDL, which issued the Ministry of Culture, Sports, and Touris ... Read More
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