Luxury hotel retail sales are expected to rise at a current value CAGR of 8% (2024 constant value CAGR of 7%) over the forecast period, remaining the only category with notable sales. Sales will increase to reach TWD16.
Experiential luxury will grow positively over the forecast period, supported by an increase in the number of international arrivals. Major luxury hotel players, including Marriott, Four Seasons Hotels and Resorts, and InterContinental, are preparing for an expected rise in demand.
Across the forecast period, concerns surrounding climate change and eco-friendly practices will continue to rise in Taiwan, and many luxury consumers will be willing to spend more for sustainable goods and experiences.
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Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Taiwan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Experiential Luxury industry in Taiwan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Experiential Luxury
This is an aggregation of Luxury Hotels and Luxury Foodservice.
See all of our definitionsThis report originates from Passport, our Experiential Luxury research and analysis database.
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