PROSPECTS AND OPPORTUNITIES
Positive outlook supported by rise in affluent Filipinos and inbound tourism
Over the forecast period, experiential luxury in the Philippines is projected to experience robust growth, with a current value CAGR of 13% (2025 constant value CAGR of 10%). This growth will primarily be driven by the increasing consumer preference for luxury experiences over ownership of luxury goods, reflecting a broader global movement towards premiumisation.
Luxury hospitality to increasingly shift towards wellness and cultural heritage
The outlook for new luxury hotels in the Philippines over the forecast period indicates a sustained momentum in expanding experiential luxury. Upcoming new entries include Banyan Tree Residences Manila Bay, which will include a luxury hotel.
Luxury travellers to drive demand for eco-friendly hotel practices
Sustainable and responsible travel is poised to become a significant facet of luxury hotels in the Philippines over the forecast period, reflecting growing global awareness and consumer demand for eco-conscious experiences. Luxury hotel operators are expected to intensify investments in sustainable infrastructure, such as energy-efficient systems and waste reduction initiatives, aligning with international environmental frameworks like the United Nations Sustainable Development Goals (SDGs) through the country’s own Development Plan.
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Overview:
Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Philippines 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 Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Experiential Luxury in Philippines report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Experiential Luxury in Philippines?
- Which are the leading brands in Experiential Luxury in Philippines?
- How are products distributed in Experiential Luxury in Philippines?
- How important is tourism in evaluating demand for Experiential Luxury in Philippines?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How has COVID-19 and global recession impacted demand for luxury goods? What are the opportunities amidst the adversity?
- Where is future growth expected to be most dynamic?
Experiential Luxury in the Philippines - Category analysis
KEY DATA FINDINGS
Luxury consumers drive demand for personalised and sustainable experiences
Shangri-La remains leading brand with flagship properties in popular areas
Affluent consumers drive demand for bespoke luxury experiences
Positive outlook supported by rise in affluent Filipinos and inbound tourism
Luxury hospitality to increasingly shift towards wellness and cultural heritage
Luxury travellers to drive demand for eco-friendly hotel practices
Luxury Goods in the Philippines - Industry Overview
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Experiential Luxury
- Luxury Foodservice
- Luxury Hotels
Experiential Luxury
This is an aggregation of Luxury Hotels and Luxury Foodservice.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Experiential Luxury research and analysis database.
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