Hotels & Motels in United Arab Emirates
SummaryHotels & Motels in United Arab Emirates industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-21, and forecast to 2026). 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 Emirati hotels & motels industry had total revenues of $12 billion in 2021, representing a negative compound annual rate of change (CARC) of 0.6% between 2016 and 2021.
- Industry consumption volume increased with a CAGR of 3.5% between 2016 and 2021, to reach a total of 827 establishments in 2021.
- Dubai continuously renews its value as a key international destination for lifestyle, talent, business and tourism, thereby strengthening its popularity worldwide. Emirates also hosts various events that gathers large number of international arrivals and boosts inbound tourism.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the hotels & motels market in United Arab Emirates
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in United Arab Emirates
- 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 Arab Emirates hotels & motels market with five year forecasts
Reasons To Buy
- What was the size of the United Arab Emirates hotels & motels market by value in 2021?
- What will be the size of the United Arab Emirates hotels & motels market in 2026?
- What factors are affecting the strength of competition in the United Arab Emirates hotels & motels market?
- How has the market performed over the last five years?
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