Global Luxury Hotels Market to 2021: Market data and insights on global luxury hotels industry

Global Luxury Hotels Market to 2021: Market data and insights on global luxury hotels industry

News5050 – Market Report

January 14, 2018

The Report:

GlobalData’s “Global Luxury Hotels Market to 2021”, report provides a thorough insight into global luxury hotels market. The report shades light into the key trends and issues. It offers key insights at regional level and major country level markets analyzing the number of hotel establishments, number of rooms, occupancy rate, room nights available, room nights occupied, average room revenue per available room, average room revenue per occupied room, average total revenue per available room, total room revenues, total non-room revenues, total revenues, and number of guests.

The presence of an affluent corporate culture and the growing impact of the manufacturing and services sector on the economies across the globe are expected to play a pivotal role in the growth of the luxury hotels market. Damages caused by unforeseen circumstances at a country level, such as natural disasters and terrorist threats have crippled several hotels in European and Middle Eastern countries, and continue to be lurking hindrances for market growth.

Scope

– The opening of three five-star eco-luxury resorts in June 2017 – Soneva Jani, Nekupe Sporting Resort & Retreat, and Alila Anji – has fueled a growing trend in sustainable luxury travel. Sustainable luxury was considered an oxymoron until recently when there was a shift in the trends in the luxury hospitality industry towards green and sustainable travel. The concept of sustainable travel has evolved from paperless checkouts and refillable soap dispensers to efforts in regard to sustainable development for all the value-added luxuries offered in the hotel. For instance, Soneva emphasizes luxuries while minimizing the use of junk, inorganic, and unsustainable products and using natural, organic products instead for the preparation of authentic cuisines, which helps to enhance the health of the customers. They also prioritize providing a pristine environment and wide open spaces in the hotels. These initiatives would definitely attract millennials to such hotels, and thereby would encourage the hoteliers to pursue such initiatives.
– Chanel’s Karl Lagerfeld (premium clothing and accessories brand) and watch brand Shinola are two of the latest additions in terms of brands that plan to open boutique hotels by the end of 2018. Karl Lagerfeld plans to launch the hotel in Macau initially, followed by some other destinations including Detroit.In addition, homewares brands have plans to invest in properties for luxury hotels, mostly as an extension of their product and brand portfolios. West Elm, a popular furniture retail store chain, is expected to open hotel chains across the US (including Detroit, Savannah, and Indianapolis) by the end of 2018. These trends will increase and will create more competition in the market; therefore the success of these brands in the industry in the future will be highly dependent on their marketing activities.

About Research and Experts:

Research and Experts brings you to the latest reports in market research on Travel and much more.

Contact:

John Caldwell

Fia Rua, Deerpark

Bunratty, Co. Clare, Ireland

Check out Market Reports at www.researchandexperts.com

News5050 - ResearchandExperts


Report: REP000349298

Carrier Wi-Fi: Monetization Models and the Future of Wi-Fi in the Context of 5G

Carrier Wi-Fi: Monetization Models and the Future of Wi-Fi in the Context of 5G

News5050 – Market Report

January 14, 2018

The Report:

“Carrier Wi-Fi: Monetization Models and the Future of Wi-Fi in the Context of 5G”, a thematic research report by GlobalData, provides an analysis of the business models available to different operators to benefit from and monetize Wi-Fi networks. It includes data and insights on the Wi-Fi technology status and trends with respect to the growth in installed base of Wi-Fi hotspots, homespots and devices and traffic worldwide. The report outlines the future evolution of the technology as mobile networks migrate to 5G. Built on real-world examples, the report examines the five key business models for Wi-Fi, their fit by operator type and the critical considerations and strategic options for operators and vendors.

The installed base of Wi-Fi enabled devices continues to grow, driven in large part by the growth of smartphones. The technology has developed to better support operators and opened the door to multiple business models, enabling lower costs, new revenue streams and improved services.

The report is structured as follows –
– Section 1: Market Context. This section provides data and insights on the Wi-Fi technology and outlines the future of the technology.
– Section 2: Business models. This section provides an assessment of business models built around Wi-Fi worldwide, and examines these business models from the perspective of their fit for different operator types taking into account operator portfolio breadth.
– Section 3: Key findings and recommendations. We conclude the report with a set of key findings and critical considerations and recommendations on Wi-Fi network evolution and business models.

Scope

Key findings of the report include –
– Standardization, performance improvements and operator support continue to drive Wi-Fi adoption. Homespots and low cost hotspot deployment have increased the total number Wi-Fi areas (hotspots + homespots) from less than 30 million in 2013 to 85 million in 2016, with expectations of 113 million for 2018.
– Wi-Fi supports multiple business models for operators. There are five broad Wi-Fi business models available to network operators which can and should be used in combination (they are not mutually exclusive), though not all are relevant to all operator types. Integrated (fixed-mobile) and fixed-MVNO operators can benefit from all the different business models available while mobile first operators are more limited.
– The investment and operational costs of Wi-Fi must be kept low because the revenue upside is limited. There are multiple partnership opportunities which can help to keep costs down including joint ventures, roaming, wholesale, OTT providers, Wi-Fi specialists, venue owners, advertisers, payment providers etc.
– Wi-Fi network revenue upside must be maximized and thus sold across the organization from the consumer and business facing departments to advertising/media and wholesale divisions.
– Wi-Fi helps networks evolve by accelerating migration to 4G, freeing up spectrum for refarming and can form part of future heterogeneous networks and 5G. Wi-Fi or not, unlicensed spectrum will form part of future LTE and 5G networks.

About Research and Experts:

Research and Experts brings you to the latest reports in market research on Telecommunications and much more.

Contact:

John Caldwell

Fia Rua, Deerpark

Bunratty, Co. Clare, Ireland

Check out Market Reports at www.researchandexperts.com

News5050 - ResearchandExperts


Report: REP000349287

Netherlands: Country Intelligence Report

Netherlands: Country Intelligence Report

News5050 – Market Report

January 14, 2018

The Report:

“Netherlands: Country Intelligence Report”, a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in the Netherlands today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV segments, as well as a review of key regulatory trends.

The telecom and pay-TV services market in the Netherlands will see lethargic growth from EUR10.2bn in 2017 to EUR10.6bn by 2022 at a CAGR of 0.6% over 2017-2022 as fixed broadband, mobile data and pay-TV services will sustain total market growth over the forecast period. Mobile voice revenue will decline over the forecast period due to falling voice ARPS. Mobile data revenue will expand at the fastest CAGR of 4.9% in EUR driven by continued rise in smartphone penetration and consumption of higher-value data-centric plans. The pay-TV market will grow from EUR1.4bn ($1.6bn) in 2017 to EUR1.7bn ($2.1bn) by 2022 at a CAGR of 3.3% in EUR (5.1% in $) driven by an increase in IPTV subscriptions.

The Country Intelligence Report provides in-depth analysis of the following –
– Demographic and macroeconomic context in the Netherlands.
– The regulatory environment and trends: a review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, tariff regulation and more.
– Telecom and pay-TV services market outlook: analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, mobile data and pay-TV markets.
– The competitive landscape: an examination of the positioning of leading players in the telecom and pay-TV services market as well as subscription market shares across segments.
– Company snapshots: analysis of the financial position of leading service providers in the telecommunications and pay-TV markets.
– Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Scope

– The overall telecom and pay-TV services revenue in the Netherlands will grow at a CAGR of 0.6% in EUR (2.4% in US$) during 2017-2022.
– Mobile revenue will account for 46.5% of total telecom and pay-TV services revenue in 2022, driven by increasing adoption of 4G/5G services.
– KPN leads the Netherland’s mobile market in terms of mobile subscriptions for 2017, followed by VodafoneZiggo and T-Mobile Netherlands. Major operators focus on LTE network advacements to remain competitive in the market.

About Research and Experts:

Research and Experts brings you to the latest reports in market research on Telecommunications and much more.

Contact:

John Caldwell

Fia Rua, Deerpark

Bunratty, Co. Clare, Ireland

Check out Market Reports at www.researchandexperts.com

News5050 - ResearchandExperts


Report: REP000349297

Payments Landscape in South Africa: Opportunities and Risks to 2021

Payments Landscape in South Africa: Opportunities and Risks to 2021

News5050 – Market Report

January 14, 2018

The Report:

GlobalData’s “Payments Landscape in South Africa: Opportunities and Risks to 2021”, report provides detailed analysis of market trends in the South African cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debit, cash, payment cards, and cheques during the review-period (2013-17e).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f). It also offers information on the country’s competitive landscape, including the market shares of issuers and schemes.

The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.

The report provides top-level market analysis, information and insights into the South African cards and payments industry, including –
– Current and forecast values for each market in the South African cards and payments industry, including debit, credit, and charge cards.
– Detailed insights into payment instruments including credit transfers, cheques, direct debit, cash, and payment cards. It also, includes an overview of the country’s key alternative payment instruments.
– E-commerce market analysis and payment methods.
– Analysis of various market drivers and regulations governing the South African cards and payments industry.
– Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.

Scope

– The uptake of alternative payments is gradually increasing in South Africa. In June 2017, Alipay was launched in South Africa in partnership with payment service provider Peach Payments. The partnership allows Chinese tourists to South Africa to pay with the Alipay app at authorized retailers. City Sightseeing – a tour bus operator – is the first merchant to offer the Alipay service in South Africa. Samsung is also in discussions with South African banks and regulators to launch Samsung Pay in South Africa. Visa and Mastercard have already introduced their respective Visa Checkout and Masterpass payment solutions to push electronic payments in the country.
– To combat the increased processing of unauthorized debit orders in the country, in June 2017 the Payments Association of South Africa (PASA) introduced a new type of debit order (direct debit) called DebiCheck. The new DebiCheck debit order can only be processed if it is electronically confirmed by the customer. Under the new system, consumers can authenticate DebiCheck debit orders in multiple ways including USSD messaging through mobile phones, banking applications, online banking, ATMs, or at bank branches. It will be implemented in a phased manner over the course of the next two years.
– To offer convenient payments, Mastercard has introduced several innovative solutions. It introduced a biometric payment card with fingerprint authentication in April 2017, following several trials in partnership with retailer Pick n Pay and Absa Bank. The solution allows card holders to verify in-store payment by scanning their fingerprints. The cards at available from any financial institution, with the consumer’s fingerprint being digitally encrypted and stored on the card. Earlier in July 2016, Mastercard in collaboration with Virtual Card Services introduced a virtual POS enabling businesses to accept digital card payments in-store, remotely, or on-the-go through mobile devices. Consumers need to download the Masterpass app, register, and load their debit or credit cards into the wallet to make payments.

About Research and Experts:

Research and Experts brings you to the latest reports in market research on Cards and Payments and much more.

Contact:

John Caldwell

Fia Rua, Deerpark

Bunratty, Co. Clare, Ireland

Check out Market Reports at www.researchandexperts.com

News5050 - ResearchandExperts


Report: REP000349286

Guatemala: Country Intelligence Report

Guatemala: Country Intelligence Report

News5050 – Market Report

January 14, 2018

The Report:

“Guatemala: Country Intelligence Report”, a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Guatemala today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV segments, as well as a review of key regulatory trends.

Total telecommunications and pay-TV services revenue in Guatemala will reach $2.8bn in 2017 to account for 3.7% of Guatemala’s GDP and grow to $3.2bn by 2022 at a CAGR of 2.6%.

The Country Intelligence Report provides in-depth analysis of the following –
– Demographic and macroeconomic context in Guatemala.
– The regulatory environment and trends: a review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, tariff regulation and more.
– Telecom and pay-TV services market outlook: analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, mobile data and pay-TV markets.
– The competitive landscape: an examination of the positioning of leading players in the telecom and pay-TV services market as well as subscription market shares across segments.
– Company snapshots: analysis of the financial position of leading service providers in the telecommunications and pay-TV markets.
– Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Scope

– Total telecommunications and pay-TV services revenue in Guatemala will reach $2.8bn in 2017 to account for 3.7% of Guatemala’s GDP and grow to $3.2bn by 2022 at a CAGR of 2.6%.
– GlobalData expects growth in service revenue from fixed broadband, pay-TV and most importantly mobile data as a result of increase usage of OTT and video applications, offsetting revenue losses in mobile messaging and fixed voice services areas. Incorporation of OTT services into traditional telecom and media plans will lead to a substantial increase in fixed and mobile data consumption.
– The three pan-regional operators (Claro, Tigo and Movistar) have a combined subscription share of more than 90% of the total telecommunications and pay-TV services markets in Guatemala.

About Research and Experts:

Research and Experts brings you to the latest reports in market research on Telecommunications and much more.

Contact:

John Caldwell

Fia Rua, Deerpark

Bunratty, Co. Clare, Ireland

Check out Market Reports at www.researchandexperts.com

News5050 - ResearchandExperts


Report: REP000349296

Payments in South Africa 2017: What Consumers Want

Payments in South Africa 2017: What Consumers Want

News5050 – Market Report

January 14, 2018

The Report:

“Payments in South Africa 2017: What Consumers Want”, report examines the consumer payments market in South Africa, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. The report also examines the main regulatory players overseeing the market.

South Africa is a cash-based society particularly when it comes to small-value retail transactions, with cash accounting for 64.5% of the total payment volume in 2017. However, use of payment cards in South Africa is growing at a healthy pace, with a review-period compound annual growth rate (CAGR) of 10.4% in terms of transaction value. Uptake is primarily being driven by the government’s financial inclusion plans, the introduction of basic bank accounts, improved banking infrastructure, and reduced interchange fees. As a result of these efforts consumers are using payment cards more at point-of-sale (POS) terminals than at ATMs. Rising investment in POS infrastructure, the introduction of mobile-only banks, and the proliferation of new payment solutions will further drive electronic payments in the country.

South Africa has a high mobile phone penetration rate, and e-commerce will grow further as consumers become more comfortable shopping on their devices. Contactless payments are, however, still in their infancy in South Africa, and although awareness and ownership are on the rise, usage remains low. Merchants and banks are pushing the technology, with a recent partnership between Shell and Visa allowing contactless payments to be made on the petrol supplier’s forecourts. Major banks such as FNB, Absa Bank, and Standard Bank are also playing their part by offering cards with contactless features.

It provides in-depth analysis of the following –
– Analyzes consumer attitudes to financial services by lifestage.
– Analyzes the major payment card types in terms of both card holding and usage.
– Identifies the major competitors in card issuing and how their position in the market has changed over the last five years.
– Considers consumer attitudes towards P2P tools, mobile payment tools, and contactless cards, and how companies in South Africa are deploying these tools to meet customer needs.
– Explores the online payment market in South Africa by merchant type and payment tool, as well as providing a five-year forecast for the development of the market.

Scope

– To improve consumer confidence in electronic payments, in July 2016 PASA launched a standardized specification in association with Visa and Mastercard, in order to facilitate biometric authentication on payment cards.
– To promote the use of contactless payments in the country, in September 2016 FNB announced that all its credit and debit cards will support contactless functionality to allow customers to conduct payments up ZAR200 without PIN verification.
– To complement traditional banking, new banking models are being adopted to increase the banked population and debit card penetration. Commonwealth Bank Australia has introduced its mobile-only bank TymeDigital, the license for which was received from the SARB in September 2017.

About Research and Experts:

Research and Experts brings you to the latest reports in market research on Consumer Goods and much more.

Contact:

John Caldwell

Fia Rua, Deerpark

Bunratty, Co. Clare, Ireland

Check out Market Reports at www.researchandexperts.com

News5050 - ResearchandExperts


Report: REP000349285