Webster Pacific

Webster Pacific

← Blog
Maps & DataJun 24, 2020

June 24, 2020: Luxury Retail Markets Predicted to Be Most Negatively Impacted by COVID-19

Download the full report via this link.

Executive Summary

Covid-19 has dramatically impacted tourism and, in particular, international tourism. Certain luxury retail markets are more dependent upon tourism than others. Our analysis predicts that the luxury retail markets most negatively impacted by Covid-19 will be those markets with the greatest presence of luxury retail AND the greatest international tourism per capita. We predict that the luxury retail markets of Miami, Honolulu, and Las Vegas will be the most negatively impacted.

Ready to talk?

Book a call with the Webster Pacific team. We'll walk your systems and show you exactly where an embedded partner, and a Beacon agent, fit.