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The Resilience of the Luxury Retail Industry in Macau Amidst the Pandemic: Insights into Consumer Behavior
Xin-Ye (Grace), Wang; Siu Ian So; Yu-Chin (Jerrie) Hsieh
2024-05
PublisherAPacCHRIE
Conference NameAPacCHRIE Conference
Conference PlaceSeoul, South Korea
Conference DateMay 2024
CountrySeoul, South Korea
AbstractThe COVID-19 pandemic has had a profound impact on the tourism industry, leading to significant shifts in consumer behavior. However, the luxury retail sector in Macau has demonstrated remarkable resilience and has experienced positive performance in the post-pandemic period. This study employs an in-depth interview methodology with luxury brand managers and consumers to examine the changes in consumer purchasing behavior within this context. The findings reveal that the shopping experience has gained even greater importance, with consumers emphasizing value preservation and considering factors such as necessities, practicality, and brand marketing. Additionally, mall promotional programs have emerged as significant motivators for luxury retail purchases. This research provides valuable practical insights for the luxury retail industry, highlighting the key factors driving consumer behavior in the post-pandemic era.
KeywordLuxury Retail, Tourist, Shopping Behavior, Pandemic
Language英語English
Document TypeConference proceedings
CollectionDEPARTMENT OF INTEGRATED RESORT AND TOURISM MANAGEMENT
Affiliation1.University of Macau
2.University of Macau
3.Saunders College of Business, Rochester Institute of Technology
Recommended Citation
GB/T 7714
Xin-Ye ,Siu Ian So,Yu-Chin . The Resilience of the Luxury Retail Industry in Macau Amidst the Pandemic: Insights into Consumer Behavior[C]:APacCHRIE, 2024.
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