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Hotels & Motels in the United States

Hotels & Motels in the United States

Summary

Hotels & Motels in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the United States hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The hotels & motels industry value consists of all room revenues generated by hotels, motels and other accommodation providers through the provision of accommodation. The value does not include non-room revenues, such as casinos, shops and telecommunication services.
- The US hotels & motels industry’s total revenue valued of $189.3bn in 2016, representing a compound annual growth rate (CAGR) of 6.2% between 2012 and 2016.
- Industry consumption volume increased with a CAGR of 1% between 2012 and 2016, to reach a total of 56,840.0 establishments in 2016.
- The growth of the industry has primarily been based on increasing demand which outpaced supply, as prices inflated and efficiency was improved. The occupancy rate in the US reached a record level of 65.4% in 2016. Furthermore, the rise in non-room revenues also contributed to the growth of the market value over that period.

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 United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in the United States
- 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 United States hotels & motels market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the United States hotels & motels market by value in 2016?
- What will be the size of the United States hotels & motels market in 2021?
- What factors are affecting the strength of competition in the United States hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's hotels & motels market?