Emerging economies care more about luxe hotel brands, even if the U.S. leads
Skift Take
America is the home of the luxury hotel.
Seventy-five percent of luxury hotel chains and brands are based in the United States and U.S. consumers report the highest interest (66.3 percent) in the sector, according to the World Luxury Index.
This is the first report from Digital Luxury Group and Ecole hôtelière de Lausanne to look at the ranking and analysis of highly searched-for luxury hotel brands.
U.S. interest in luxury hotels grew slower than the global average of 1.5 percent; however interest grew at much higher rates in the established and emerging economies of UK, France, Russia, India, and China.
It's not surprising that interest dropped in recession-hit countries of Germany and Italy, but it also dropped in the growing economies of Brazil and Japan. Brazil's "extremely fragmented hotel market" could be one cause of the drop in interest.
| Country | Deman growth for luxury hotels (%) |
|---|---|
| Russia | + 12.8 |
| Britain | + 8.5 |
| China | + 3.3 |
| Global | + 1.5 |
| United States | + 0.5 |
| Japan | - 11.1 |
| Brazil | - 12.1 |
| Italy | - 14.3 |
The most searched-for hotels in the world are Hilton, Ritz-Carlton, and Four Season.
Up Next
How Airlines are Redefining Premium Travel with Customizable and Personalized Experiences
Trump on Day 1: A Round-Up of What the Executive Orders Mean for the Travel Industry
Are Hopper's IPO Plans Imminent?
Trump Bans the 'X' Marker on Passports: 'Two Genders Only'
