North America (NAFTA) Hotels and Motels Market Summary, Competitive Analysis and Forecast, 2017-2026
North America (NAFTA) Hotels and Motels Market Summary, Competitive Analysis and Forecast, 2017-2026Summary
The NAFTA Hotels & Motels industry profile provides top-line qualitative and quantitative summary information including: industry 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 industry.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The hotels & motels industry within the NAFTA countries had a total market value of $198,226.0 million in 2021.The US was the fastest growing country, with a CAGR of -4.4% over the 2017-21 period.
- Within the hotels & motels industry, the US is the leading country among the NAFTA bloc, with market revenues of $172,551.3 million in 2021. This was followed by Mexico and Canada, with a value of $13,148.7 and $12,526.1 million, respectively.
- The US is expected to lead the hotels & motels industry in the NAFTA bloc, with a value of $300,047.8 million in 2026, followed by Canada and Mexico with expected values of $32,433.0 and $28,358.7 million, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA hotels & motels industry
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA hotels & motels industry
- Leading company profiles reveal details of key hotels & motels industry players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA hotels & motels industry with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
- What was the size of the NAFTA hotels & motels industry by value in 2021?
- What will be the size of the NAFTA hotels & motels industry in 2026?
- What factors are affecting the strength of competition in the NAFTA hotels & motels industry?
- How has the industry performed over the last five years?
- What are the main segments that make up the NAFTA hotels & motels industry?
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