"The focus on major domestic markets will be the key trend shaping physical luxury retailing in 2022. However, there are several other trends shaping the wider luxury space that will also have a bearing on physical retailing"
"Building on its spectacular growth over the past decade, the global market for branded residences continues to grow"
"Luxury spending globally increased 6% in 2018 according to Bain & Company, with Europe accounting for a third of sales, with forecasts pointing to further growth of between 3–5% per annum to 2025"
"Much of the growth in luxury spend in 2018 was driven by millennials and their younger counterparts Gen Z"
"The retrenchment to core destination cities seen last year will continue in 2019"
"As the sector matures, a brand alone can no longer be counted upon to generate a premium and new non-hotel brands will give hoteliers a run for their money"