Category: Hotels & Lodging
Hotels & Lodging market research reports by Euromonitor International
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Travel in Argentina
Travel in Argentina Argentina is going through a situation that it has experienced on other occasions, with a shortage of dollars linked to the government controls as it seeks to avoid devaluing the local currency. Because people cannot buy US dollars at an official price, there is a range of differ ... Read More
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Travel in the US
Travel in the US In 2021 and 2022, pandemic-related travel restrictions controlled the travel industry’s performance, and the removal of these restrictions led to robust sales growth. China’s decision in January 2023 to remove all remaining restrictions on international travel was a watershed moment ... Read More
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Lodging (Destination) in the US
Lodging (Destination) in the US Although occupancy generally remained below 2019 levels, hotels grew at an unprecedented rate in value terms in 2022. As travel restrictions loosened, unforeseen high demand in the latter half of the year met slowed investment in supply levels, resulting in exceptiona ... Read More
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Lodging (Destination) in Hong Kong, China
Lodging (Destination) in Hong Kong, China Hotels is set to see full recovery to the 2019 level of retail value sales in 2023. The return of mainland China tourists after the border reopening has greatly contributed to the recovery of hotels, and thus lodging. However, there has been uneven recovery ... Read More
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Lodging (Destination) in Chile
Lodging (Destination) in Chile The hotel sector has undergone a significant transformation in response to the evolving needs of guests. With the rise of remote work, travellers now seek hotels that offer high-speed internet bandwidth, open spaces for comfortable work environments, and even rooms cap ... Read More
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Lodging (Destination) in Canada
Lodging (Destination) in Canada Benefiting most from lifted COVID-19 restrictions in 2023 are hotels based in leisure-focused destinations and resort areas. Pent-up demand for leisure travel is driving recovery in lodging, with hotels in resorts providing outdoor activities doing particularly well. ... Read More
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Travel in Hong Kong, China
Travel in Hong Kong, China 2023 is the year that travel in Hong Kong is set to start to see significant recovery from the pandemic. The Hong Kong government gradually released COVID-19-related restrictions from the last quarter of 2022, and started to welcome visitors from around the world. As of Fe ... Read More
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Travel in Kenya
Travel in Kenya In 2023, Kenya's travel landscape is undergoing transformative trends that hold significant promise for its tourism industry. The relaxation of China's travel ban marks a crucial turning point, instilling renewed optimism in Kenya's tourism sector. China's decision to ease COVID-19 r ... Read More
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Lodging (Destination) in Finland
Lodging (Destination) in Finland Finland was one of the countries that imposed few restrictions on lodging during the COVID-19 pandemic. For example, outlets were not forced to close nor were they restricted to only hosting certain types of guests. However, there were COVID-19-related restrictions o ... Read More
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Lodging (Destination) in Italy
Lodging (Destination) in Italy Hotels have seen a strong recovery in 2023 although the recovery has been at different speeds between the different categories, with the recovery certainly being driven by an increase in average daily rates (ADR). The exception to this is hotel resorts which have prove ... Read More
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Lodging (Destination) in Malaysia
Lodging (Destination) in Malaysia As with the other travel categories, lodging’s recovery has also been boosted by the re-opening of international borders and a significant increase in tourism flows in 2023. Before this, lodging was mainly relying on domestic travellers which led to a slower rebound ... Read More
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Lodging (Destination) in Argentina
Lodging (Destination) in Argentina The Mercure hotel brand, part of the Accor chain, opened a new four-star establishment in Rosario in March 2023. This new luxury option in the city offers guests 137 rooms with numerous spaces and rooms for common use. The new hotel also offers a premium gastronomi ... Read More
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Lodging (Destination) in Greece
Lodging (Destination) in Greece Retail value sales of lodging (destination) continued to post strong retail value growth in Greece, driven by luxury and upscale hotels, which have already recovered to pre-pandemic levels. Alongside the growth of luxury and upscale hotels, there has been an increase ... Read More
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Lodging (Destination) in China
Lodging (Destination) in China Mid-market hotels continue to gain share as consumers trade up in terms of spending on accommodation, such as moving away from unrated or budget to mid-market options. This is being driven by increasing awareness of health and safety accelerated by the pandemic. In con ... Read More
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Travel in Greece
Travel in Greece Tourism flows are showing a strong increase in 2023 on both a domestic and international level. Despite the impact of inflation on disposable incomes and travel prices increases, consumers are not willing to cut down on their spending as they seek to make up for the lost travel expe ... Read More
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Travel in Canada
Travel in Canada Canadians continue to have a good appetite for travel with many determined to resume their travel activities after the government removed all COVID-19 restrictions in the second half of 2022. As a result, the travel industry is expected to continue growing at a rapid pace in 2023. D ... Read More
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Lodging (Destination) in Denmark
Lodging (Destination) in Denmark As domestic travel continued to perform strongly in Denmark and inbound travel boomed after lifting COVID-19 restrictions, 2022 saw a rise in lodging in Denmark. This led to records in overnight stays and value spent on lodging, with the latter being due to higher pr ... Read More
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Lodging (Destination) in Thailand
Lodging (Destination) in Thailand Lodging in Thailand continued to bounce back in 2023, with the number of room nights in hotels exceeding pre-pandemic levels. This buoyancy of demand allowed certain hotels to raise their room prices, as they were confident about attracting more international travel ... Read More
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Lodging (Destination) in Japan
Lodging (Destination) in Japan During COVID-19, lodging in Japan suffered greatly due to various travel restrictions, leading many outlets to close temporarily, or even some to close altogether. However, in 2023, when travel restrictions were lifted completely early in the year, lodging in Japan has ... Read More
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Lodging (Destination) in Ecuador
Lodging (Destination) in Ecuador During the pandemic, international tourism faced significant limitations, prompting lodging establishments to recalibrate their approaches to attract domestic tourists by substantially lowering average rates. However, as the review period unfolded, international tour ... Read More
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Travel in Thailand
Travel in Thailand As of 1 October 2022, Thailand fully lifted all pandemic-related border requirements. To enter the country, international travellers no longer needed to show proof of vaccination, or a negative COVID-19 test. This resulted in a strong recovery for the travel industry, with the num ... Read More
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Travel in Ecuador
Travel in Ecuador Travel in Ecuador is experiencing a remarkable resurgence, marked by a surge in domestic tourism. Several factors have fuelled this growth, including the desire for stress relief after extended periods of confinement during the pandemic. The affordability of domestic travel, charac ... Read More
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Travel in Finland
Travel in Finland After the exceptionally weak performances of 2020-2021, excluding certain categories connected with domestic tourism, travel has been recovering and moving towards 2019 pre-Coronavirus (COVID-19) pandemic levels. Faster inbound and outbound tourism flows have led to improved key pe ... Read More
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Travel in Belgium
Travel in Belgium It is estimated that travel in 2023 will not reach the volume and value levels it would have without the COVID-19 disruption. Moreover, the inbound tourism flow is expected to remain lower in 2023, compared with the 2019 pre-Coronavirus (COVID-19) level. This performance is mainly ... Read More
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Travel in Japan
Travel in Japan Japan finally eased its various regulations around COVID-19 in 2023. This has had a significant impact on the travel industry in 2023, not only in terms of deregulation, but also in terms of changes in consumers’ perception of and behaviour towards travel, which has been a major driv ... Read More
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