Global Hotels & Motels
SummaryGlobal Hotels & Motels industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services. The industry is detailed in both value and volume terms.
- The global hotels & motels industry had total revenues of $774.3 billion in 2022, representing a negative compound annual growth rate (CAGR) of 2% between 2017 and 2022.
- Industry consumption volume increased with a CAGR of 1% between 2017 and 2022, to reach a total of 398,611 establishments in 2022.
- In the global hotels & motels industry, Europe is the largest region, accounting for 35.5%, followed by North America (32.7%), Asia-Pacific (24.7%), the Middle East (3.7%), and South America (2.7%) in 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global hotels & motels market
- Leading company profiles reveal details of key hotels & motels market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global hotels & motels market with five year forecasts by both value and volume
Reasons To Buy
- What was the size of the Global hotels & motels market by value in 2022?
- What will be the size of the Global hotels & motels market in 2027?
- What factors are affecting the strength of competition in the Global hotels & motels market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's hotels & motels market?
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