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Luxury Hotels in Mexico

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    Report

  • 19 Pages
  • December 2021
  • Region: Mexico
  • Euromonitor International
  • ID: 4461151
2021 has seen a return to growth in luxury hotels sales in the Mexican market. However, sales have not yet returned to the levels seen before the outbreak of COVID-19. The health crisis hit luxury hotels hard in 2020 as it resulted in a dramatic fall in inbound tourism in Mexico. Although the country did not close its borders to essential traffic, beaches and tourist destinations were closed and hotels stopped receiving bookings once the “health emergency” was declared on 30 March 2020.

The publisher's Luxury Hotels in Mexico 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.

Table of Contents

KEY DATA FINDINGS
2021 DEVELOPMENTS
  • Return to growth but not full recovery
  • Domestic consumers drive growth
  • Lack of inbound tourism and business travel keep sales down

PROSPECTS AND OPPORTUNITIES
  • Drawn out revival of inbound tourism
  • Need to convince consumers of effectiveness of hygiene procedures and protocols
  • Shift in business practices to limit potential recovery

CATEGORY DATA
  • Table 1 Sales in Luxury Hotels: Value 2016-2021
  • Table 2 Sales in Luxury Hotels: % Value Growth 2016-2021
  • Table 3 NBO Company Shares in Luxury Hotels: % Value 2016-2020
  • Table 4 LBN Brand Shares in Luxury Hotels: % Value 2017-2020
  • Table 5 Forecast Sales in Luxury Hotels: Value 2021-2026
  • Table 6 Forecast Sales in Luxury Hotels: % Value Growth 2021-2026

LUXURY GOODS IN MEXICO
EXECUTIVE SUMMARY
  • Luxury goods in 2021: The big picture
  • 2021 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?

MARKET DATA
  • Table 7 Sales of Luxury Goods by Category: Value 2016-2021
  • Table 8 Sales of Luxury Goods by Category: % Value Growth 2016-2021
  • Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
  • Table 10 NBO Company Shares of Luxury Goods: % Value 2016-2020
  • Table 11 LBN Brand Shares of Luxury Goods: % Value 2017-2020
  • Table 12 Distribution of Luxury Goods by Format and Category: % Value 2021
  • Table 13 Forecast Sales of Luxury Goods by Category: Value 2021-2026
  • Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026

DISCLAIMER
SOURCES
  • Summary 1 Research Sources