luxury hotels market 2014

luxury hotels market 2014

luxury hotels market 2014 1004 300 digital devotee

Interest in luxury hotels continues to recover but digital presence isn’t keep pace.

Several recent reports demonstrate a continued growth in interest in luxury hospitality, particularly super exclusive properties, however digital is still  struggling with many brands needing to catch up.

[vc_pie value=”7.7″ color=”btn-inverse” units=”%”]

increase in global consumer interest in luxury hospitality

[vc_pie value=”39″ color=”btn-inverse” units=”%”]

growth in interest coming from china

[vc_pie value=”18″ color=”btn-inverse” units=”%”]

top brands with no chinese digital presence

The Digital Luxury Group’s World Luxury Index Hotels 2014 report goes further to say that China is driving that growth as a result of many properties opening in second, third and fourth-tier cities there.  This heightens their international profile for Chinese travelers abroad as well.  The fastest growing group is Shangri-La gaining 20% YOY.

Hilton Worldwide, Starwood Hotels & Resorts and Hyatt received the most interest over the past year

#1

#2

#3

[vc_button title=”GET REPORT >” target=”_blank” color=”btn-danger” icon=”none” size=”wpb_regularsize” href=”http://www.digitalluxurygroup.com/intelligence/research/world-luxury-index-hotels-2014/”]
[vc_pie value=”54″ color=”btn-inverse” units=”%”]

online travelers using metasearch engines in china

[vc_pie value=”1.3″ color=”btn-inverse” units=”%”]

prestige hotels control booking listings

[vc_pie value=”96.4″ color=”btn-inverse” units=”%”]

kayak first page booking listings are OTA

Meanwhile L2 ‘s Digital IQ Index of Prestige Hotels ranks many hotels chains in the average to challenged range with 18% not even having Chinese online presence at all!

One of their key concerns is a lack of attention to metasearch engines such as Kayak, Google and TripAdvisor.

“More than a third of U.S. online travel bookers, and more than half of Chinese online travel bookers, use metasearch engines…Metasearch engines accont for six percent of upstream traffic to OTAs, but just one percent of hotel brand sites…OTAs control 96.4 percent of booking listings; Prestige Hotel brands just 1.3 percent…”

[vc_button title=”GET REPORT >” target=”_blank” color=”btn-danger” icon=”none” size=”wpb_regularsize” href=”http://www.l2inc.com/research/prestige-hotels-2014″]

Taura Edgar

I am a digital marketing professional based in Hong Kong since 1998. I have developed and led digital teams to grow brands and have a wide background in strategy, conception, art direction and production for digital projects.

All articles by: Taura Edgar
    Privacy Preferences

    When you visit our website, it may store information through your browser from specific services, usually in the form of cookies. Here you can change your Privacy preferences. It is worth noting that blocking some types of cookies may impact your experience on our website and the services we are able to offer.

    For performance and security reasons we use Cloudflare
    required
    Google Analytics tracking code disabled/enabled
    Google Fonts disabled/enabled
    Google Maps disabled/enabled
    video embeds (e.g. YouTube) disabled/enabled
     
    View our TERMS OF USE
    Our website uses cookies mainly for analytics and content like YouTube. Define your Privacy Preferences and agree to our use of cookies.
    Skip to content