Hotels & Motels Global Industry Guide 2014-2023


Summary

Global Hotels & Motels industry profile provides top-line qualitative and quantitative summary information including: industry size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.

Essential resource for top-line data and analysis covering the global hotels & motels industry. Includes industry size and segmentation data, textual and graphical analysis of industry growth trends and leading companies.


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.
  • Industry value consists of the total revenue generated by (a) rent that a guest pays for an occupied room and (b) other revenues, including revenue from food and beverages, telecommunications, health and leisure operations, and car rentals.
  • Industry value is segmented by ’business’ and ’leisure’, where each is a measure of the revenues, as defined above, generated from guests staying for business or leisure purposes respectively.
  • Industry volume consists of the number of establishments in a given country that provide paid lodging and full guest services.
  • Industry volumes are segmented by ’budget’, ’midscale’, ’upscale’ and ’luxury’ hotels. ’Budget’ hotels includes hotels that are considered to be budget accommodation, or have a one- or two-star rating, and provide accommodation on a short-term basis at relatively low prices. ’Midscale’ hotels includes hotels with a three-star rating. These hotels provide more facilities and comfort than budget hotels, and their services are charged at higher prices. ’Upscale’ hotels includes hotels with a four-star rating. Upscale hotels include both traditional full-service hotels and smaller select-service hotels with comfortable accommodation at higher prices than midscale hotels. ’Luxury’ hotels includes hotels with a five-star rating or higher. Luxury hotels provide top quality accommodation, with a combination of high-class facilities and style, typically at much higher prices than standard hotels.
  • Any currency conversions included within this report have been calculated using constant 2018 annual average exchange rates.
  • The global hotels & motels industry had total revenues of $848.3bn in 2018, representing a compound annual growth rate (CAGR) of 3.8% between 2014 and 2018.
  • The number of establishments increased with a CAGR of 1.8% between 2014 and 2018, to reach a total of 355,950.5 in 2018.
  • The US is by far the largest individual industry globally, accounting for 25.7% of its total value, while the Asia-Pacific region accounts for the majority of the industry at 28.1%.




Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global hotels & motels industry
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global hotels & motels industry
  • Leading company profiles reveal details of key hotels & motels industry players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the global hotels & motels industry with five year forecasts by both value and volume




Reasons To Buy

  • What was the size of the global hotels & motels industry by value in 2018?
  • What will be the size of the global hotels & motels industry in 2023?
  • What factors are affecting the strength of competition in the global hotels & motels industry?
  • How has the industry performed over the last five years?
  • What are the main segments that make up the global hotels & motels industry?