Retail sales are forecast to rise at a current value CAGR of 5% (2023 constant value CAGR of 4%) over 2023-2028 to amount to CHF1.2 billion, bypassing sales recorded before the pandemic.
Luxury hotels is expected to see retail sales climb at a CAGR of 5% (4% 2023 constant value CAGR) over 2023-2028, making it the best performing category within experiential luxury. Sales will rise to reach CHF1.
Switzerland has a strong market for experiential luxury, and with the high net worth population in Europe and worldwide increasing rapidly, industry players will continue to expand in Switzerland, resulting in an increasing number of hotels across the country. The offer of outlets in both city and rural locations will allow players to take advantage of whichever segment is thriving at any specific time.
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Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Switzerland 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 Switzerland, 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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