Overall, occupancy was down 21% year-over-year, but the World Cup positively impacted the local hotel industry. Average daily rates (ADRs) and revenue per available room (RevPAR) soared by 332% and 243%, respectively.

The next WRC will be held in Barcelona from April 25th to 27th, 2023, with the theme of “Retail Leadership in Extraordinary Times.”

The data unexpectedly marked the largest drop in eight months since March 2022 (-13.8%), mainly due to the pandemic’s impact and the global economy’s slowdown.

In 2022, Luxe.CO’s Personnel Trends column recorded a total of 29 fashion and luxury brands that had announced changes to their creative directors. Among them, 27 companies have newcomers in place, and 2 companies have left the spot vacant. From this, we have observed 5 important trends.

In the last two weeks of 2022 (December 16-29, 2022), Luxury Brands in China Bi-weekly by Luxe.CO has compiled a list of 30 luxury brands that have launched Year of the Rabbit Spring collections.