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.
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* Get a detailed picture of the Luxury Hotels market;
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* Use five-year forecasts to assess how the market is predicted to develop.
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