Mexico Travel Accommodation Market By Type (Hotels, Hostels, Resorts, Vacation Rentals, Others), By Application (Leisure, Professional, Others), By Price Point (Economy, Mid-Range, Luxury), By Mode of Booking (Online Travel Agency, Direct Booking, Others): Opportunity Analysis and Industry Forecast, 2022-2031
The Mexico Travel Accommodation Market is witnessing substantial expansion and offers various avenues for business growth, despite encountering certain obstacles. The industry's progress is fueled by a multitude of factors and trends, and effectively addressing the challenges is key to maximizing the available opportunities. Mexico's travel accommodation market is experiencing a strong surge primarily due to factors such as a rising influx of tourists, enhanced infrastructure, and government initiatives to boost tourism. The country's diverse landscapes, cultural richness, and affordable pricing act as magnets, attracting a significant number of both international and domestic travelers, thereby increasing the demand for accommodation options. A noteworthy trend within the industry is proliferation of online booking platforms and mobile applications, which provide travelers with convenient and easily accessible means to discover and secure accommodations. Technology's growing influence and the digital transformation of the travel sector have significantly influenced how individuals search for and reserve accommodations in Mexico. A significant obstacle is competition from unregistered or informal accommodation providers, leading to potential issues with quality control and safety. Despite these challenges, the Mexico Travel Accommodation Market presents substantial business prospects. There is a growing demand for luxury and boutique accommodations, particularly in popular tourist destinations.
The Mexico Travel Accommodation market is segmented into type, application, price point, mode of booking and region. The type segment comprises hotel, hostel, resort, vacation rental, and others. The applications covered in the study include leisure, professional, and others. On the basis of price point, the market is categorized into economy, mid-range, and luxury. Depending on mode of booking, it is segregated into online travel agency, hotel website, and others.
The major players in the travel accommodation industry that have been analyzed in this report include Airbnb, Expedia, Barcelo Hotel Group, La Quinta Mexico, City Express Hotels, hotelesTIPS, Grupo Posadas, Homeaway, Best Western Hotels, Motel 6 Mexico
Key Benefits For Stakeholders
Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
Analyze the key strategies adopted by major market players in Mexico travel accommodation market.
Assess and rank the top factors that are expected to affect the growth of Mexico travel accommodation market.
Top Player positioning provides a clear understanding of the present position of market players.
Detailed analysis of the Mexico travel accommodation market segmentation assists to determine the prevailing market opportunities.
Identify key investment pockets for various offerings in the market.
Brands Share Analysis
Key Market Segments
By Type
Hotels
Hostels
Resorts
Vacation Rentals
Others
By Application
Leisure
Professional
Others
By Price Point
Economy
Mid-Range
Luxury
By Mode of Booking
Online Travel Agency
Direct Booking
Others
Key Market Players
Airbnb
Expedia
Barcelo Hotel Group
La Quinta Mexico
City Express Hotels
hotelesTIPS
Grupo Posadas
Homeaway
Best Western Hotels
Motel 6 Mexico
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- CHAPTER 1: INTRODUCTION
- 1.1. Report Description
- 1.2. Key Market Segments
- 1.3. Key Benefits to the Stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models
- CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. CXO Perspective
- CHAPTER 3: MARKET OVERVIEW
- 3.1. Market Definition and Scope
- 3.2. Key Findings
- 3.2.1. Top Impacting Factors
- 3.2.2. Top Investment Pockets
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
- 3.5. COVID-19 Impact Analysis on the market
- CHAPTER 4: MEXICO TRAVEL ACCOMMODATION MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market Size and Forecast, By Type
- 4.2. Hotels
- 4.3. Hostels
- 4.4. Resorts
- 4.5. Vacation Rentals
- 4.6. Others
- CHAPTER 5: MEXICO TRAVEL ACCOMMODATION MARKET, BY APPLICATION
- 5.1. Overview
- 5.1.1. Market Size and Forecast, By Application
- 5.2. Leisure
- 5.3. Professional
- 5.4. Others
- CHAPTER 6: MEXICO TRAVEL ACCOMMODATION MARKET, BY PRICE POINT
- 6.1. Overview
- 6.1.1. Market Size and Forecast, By Price Point
- 6.2. Economy
- 6.3. Mid-Range
- 6.4. Luxury
- CHAPTER 7: MEXICO TRAVEL ACCOMMODATION MARKET, BY MODE OF BOOKING
- 7.1. Overview
- 7.1.1. Market Size and Forecast, By Mode of Booking
- 7.2. Online Travel Agency
- 7.3. Direct Booking
- 7.4. Others
- CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2021
- CHAPTER 9: COMPANY PROFILES
- 9.1. Airbnb
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
- 9.2. Expedia
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
- 9.3. Barcelo Hotel Group
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. La Quinta Mexico
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
- 9.5. City Express Hotels
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. hotelesTIPS
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
- 9.7. Grupo Posadas
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
- 9.8. Homeaway
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. Best Western Hotels
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
- 9.10. Motel 6 Mexico
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments
- LIST OF TABLES
- TABLE 01. MEXICO TRAVEL ACCOMMODATION MARKET, BY TYPE, 2021-2031 ($BILLION)
- TABLE 02. MEXICO TRAVEL ACCOMMODATION MARKET, BY APPLICATION, 2021-2031 ($BILLION)
- TABLE 03. MEXICO TRAVEL ACCOMMODATION MARKET, BY PRICE POINT, 2021-2031 ($BILLION)
- TABLE 04. MEXICO TRAVEL ACCOMMODATION MARKET, BY MODE OF BOOKING, 2021-2031 ($BILLION)
- TABLE 05. AIRBNB: KEY EXECUTIVES
- TABLE 06. AIRBNB: COMPANY SNAPSHOT
- TABLE 07. AIRBNB: OPERATING SEGMENTS
- TABLE 08. AIRBNB: PRODUCT PORTFOLIO
- TABLE 09. AIRBNB: KEY STRATERGIES
- TABLE 10. EXPEDIA: KEY EXECUTIVES
- TABLE 11. EXPEDIA: COMPANY SNAPSHOT
- TABLE 12. EXPEDIA: OPERATING SEGMENTS
- TABLE 13. EXPEDIA: PRODUCT PORTFOLIO
- TABLE 14. EXPEDIA: KEY STRATERGIES
- TABLE 15. BARCELO HOTEL GROUP: KEY EXECUTIVES
- TABLE 16. BARCELO HOTEL GROUP: COMPANY SNAPSHOT
- TABLE 17. BARCELO HOTEL GROUP: OPERATING SEGMENTS
- TABLE 18. BARCELO HOTEL GROUP: PRODUCT PORTFOLIO
- TABLE 19. BARCELO HOTEL GROUP: KEY STRATERGIES
- TABLE 20. LA QUINTA MEXICO: KEY EXECUTIVES
- TABLE 21. LA QUINTA MEXICO: COMPANY SNAPSHOT
- TABLE 22. LA QUINTA MEXICO: OPERATING SEGMENTS
- TABLE 23. LA QUINTA MEXICO: PRODUCT PORTFOLIO
- TABLE 24. LA QUINTA MEXICO: KEY STRATERGIES
- TABLE 25. CITY EXPRESS HOTELS: KEY EXECUTIVES
- TABLE 26. CITY EXPRESS HOTELS: COMPANY SNAPSHOT
- TABLE 27. CITY EXPRESS HOTELS: OPERATING SEGMENTS
- TABLE 28. CITY EXPRESS HOTELS: PRODUCT PORTFOLIO
- TABLE 29. CITY EXPRESS HOTELS: KEY STRATERGIES
- TABLE 30. HOTELESTIPS: KEY EXECUTIVES
- TABLE 31. HOTELESTIPS: COMPANY SNAPSHOT
- TABLE 32. HOTELESTIPS: OPERATING SEGMENTS
- TABLE 33. HOTELESTIPS: PRODUCT PORTFOLIO
- TABLE 34. HOTELESTIPS: KEY STRATERGIES
- TABLE 35. GRUPO POSADAS: KEY EXECUTIVES
- TABLE 36. GRUPO POSADAS: COMPANY SNAPSHOT
- TABLE 37. GRUPO POSADAS: OPERATING SEGMENTS
- TABLE 38. GRUPO POSADAS: PRODUCT PORTFOLIO
- TABLE 39. GRUPO POSADAS: KEY STRATERGIES
- TABLE 40. HOMEAWAY: KEY EXECUTIVES
- TABLE 41. HOMEAWAY: COMPANY SNAPSHOT
- TABLE 42. HOMEAWAY: OPERATING SEGMENTS
- TABLE 43. HOMEAWAY: PRODUCT PORTFOLIO
- TABLE 44. HOMEAWAY: KEY STRATERGIES
- TABLE 45. BEST WESTERN HOTELS: KEY EXECUTIVES
- TABLE 46. BEST WESTERN HOTELS: COMPANY SNAPSHOT
- TABLE 47. BEST WESTERN HOTELS: OPERATING SEGMENTS
- TABLE 48. BEST WESTERN HOTELS: PRODUCT PORTFOLIO
- TABLE 49. BEST WESTERN HOTELS: KEY STRATERGIES
- TABLE 50. MOTEL 6 MEXICO: KEY EXECUTIVES
- TABLE 51. MOTEL 6 MEXICO: COMPANY SNAPSHOT
- TABLE 52. MOTEL 6 MEXICO: OPERATING SEGMENTS
- TABLE 53. MOTEL 6 MEXICO: PRODUCT PORTFOLIO
- TABLE 54. MOTEL 6 MEXICO: KEY STRATERGIES
- LIST OF FIGURES
- FIGURE 01. MEXICO TRAVEL ACCOMMODATION MARKET, 2021-2031
- FIGURE 02. SEGMENTATION OF MEXICO TRAVEL ACCOMMODATION MARKET, 2021-2031
- FIGURE 03. TOP INVESTMENT POCKETS IN MEXICO TRAVEL ACCOMMODATION MARKET (2022-2031)
- FIGURE 04. PORTER FIVE-1
- FIGURE 05. PORTER FIVE-2
- FIGURE 06. PORTER FIVE-3
- FIGURE 07. PORTER FIVE-4
- FIGURE 08. PORTER FIVE-5
- FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: MEXICO TRAVEL ACCOMMODATION MARKET
- FIGURE 10. MEXICO TRAVEL ACCOMMODATION MARKET,BY TYPE, 2021 ($BILLION)
- FIGURE 11. MEXICO TRAVEL ACCOMMODATION MARKET,BY APPLICATION, 2021 ($BILLION)
- FIGURE 12. MEXICO TRAVEL ACCOMMODATION MARKET,BY PRICE POINT, 2021 ($BILLION)
- FIGURE 13. MEXICO TRAVEL ACCOMMODATION MARKET,BY MODE OF BOOKING, 2021 ($BILLION)
- FIGURE 14. TOP WINNING STRATEGIES, BY YEAR
- FIGURE 15. TOP WINNING STRATEGIES, BY DEVELOPMENT
- FIGURE 16. TOP WINNING STRATEGIES, BY COMPANY
- FIGURE 17. PRODUCT MAPPING OF TOP 10 PLAYERS
- FIGURE 18. COMPETITIVE DASHBOARD
- FIGURE 19. COMPETITIVE HEATMAP: MEXICO TRAVEL ACCOMMODATION MARKET
- FIGURE 20. TOP PLAYER POSITIONING, 2021
- FIGURE 21. AIRBNB: NET SALES, 2020-2022* ($BILLION)
- FIGURE 22. AIRBNB: REVENUE SHARE, BY SEGMENT, 2021 (%)
- FIGURE 23. AIRBNB: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
- FIGURE 24. EXPEDIA: NET SALES, 2020-2022* ($BILLION)
- FIGURE 25. EXPEDIA: REVENUE SHARE, BY SEGMENT, 2021 (%)
- FIGURE 26. EXPEDIA: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
- FIGURE 27. BARCELO HOTEL GROUP: NET SALES, 2020-2022* ($BILLION)
- FIGURE 28. BARCELO HOTEL GROUP: REVENUE SHARE, BY SEGMENT, 2021 (%)
- FIGURE 29. BARCELO HOTEL GROUP: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
- FIGURE 30. LA QUINTA MEXICO: NET SALES, 2020-2022* ($BILLION)
- FIGURE 31. LA QUINTA MEXICO: REVENUE SHARE, BY SEGMENT, 2021 (%)
- FIGURE 32. LA QUINTA MEXICO: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
- FIGURE 33. CITY EXPRESS HOTELS: NET SALES, 2020-2022* ($BILLION)
- FIGURE 34. CITY EXPRESS HOTELS: REVENUE SHARE, BY SEGMENT, 2021 (%)
- FIGURE 35. CITY EXPRESS HOTELS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
- FIGURE 36. HOTELESTIPS: NET SALES, 2020-2022* ($BILLION)
- FIGURE 37. HOTELESTIPS: REVENUE SHARE, BY SEGMENT, 2021 (%)
- FIGURE 38. HOTELESTIPS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
- FIGURE 39. GRUPO POSADAS: NET SALES, 2020-2022* ($BILLION)
- FIGURE 40. GRUPO POSADAS: REVENUE SHARE, BY SEGMENT, 2021 (%)
- FIGURE 41. GRUPO POSADAS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
- FIGURE 42. HOMEAWAY: NET SALES, 2020-2022* ($BILLION)
- FIGURE 43. HOMEAWAY: REVENUE SHARE, BY SEGMENT, 2021 (%)
- FIGURE 44. HOMEAWAY: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
- FIGURE 45. BEST WESTERN HOTELS: NET SALES, 2020-2022* ($BILLION)
- FIGURE 46. BEST WESTERN HOTELS: REVENUE SHARE, BY SEGMENT, 2021 (%)
- FIGURE 47. BEST WESTERN HOTELS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
- FIGURE 48. MOTEL 6 MEXICO: NET SALES, 2020-2022* ($BILLION)
- FIGURE 49. MOTEL 6 MEXICO: REVENUE SHARE, BY SEGMENT, 2021 (%)
- FIGURE 50. MOTEL 6 MEXICO: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
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