North America (NAFTA) Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027


Summary

The NAFTA Hotels & Motels industry profile provides top-line qualitative and quantitative summary information including: industry size (value and volume 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the 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 $253,029.0 million in 2022.The US was the fastest growing country, with a CAGR of -0.5% over the 2018-22 period.
  • Within the hotels & motels industry, the US is the leading country among the NAFTA bloc, with market revenues of $211,638.0 million in 2022. This was followed by Canada and Mexico, with a value of $21,432.0 and $19,959.0 million, respectively.
  • The US is expected to lead the hotels & motels industry in the NAFTA bloc, with a value of $285,165.0 million in 2027, followed by Canada and Mexico with expected values of $34,638.0 and $28,872.0 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 2022?
  • What will be the size of the NAFTA hotels & motels industry in 2027?
  • 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?