Global consumer interest for the luxury hospitality industry up 7.7%
Findings of the World Luxury Index™ Hotels 2014 presented at the Luxury Hospitality 2014 Conference in Athens which took place October 14th, 2014, highlight that the global consumer interest for the luxury hospitality industry is up +7.7%. Other highlights of the report include: a major growth rate coming from China (+39%), whie interest from German consumers has dropped by 9.4%.
Chinese interest has increased by 9% over the past twelve months, approaching the same level of interest as that of the United Kingdom (+ 10%), which is the second largest region in terms of luxury hotel searches. Chinese consumer interest still represents less than 10% of global interest.
Regained interest for the luxury hospitality industry is driven by the U.S.market, which represents over half of worldwide consumer interest
(58%)and where interest grew by 7% over the past twelve months.
Luxury Hospitality 2014 Conference is organized by the International New York Times (INYT) and the Ecole hôtelière de Lausanne (EHL), Digital Luxury Group in partnership with the Chair of Luxury Hospitality of EHL.
Four Seasons Pudong, Shanghai