Global Motels (Motor Hotel) Market Growth (Status and Outlook) 2024-2030

Global Motels (Motor Hotel) Market Growth (Status and Outlook) 2024-2030

A motel, short for "motor hotel," is a type of accommodation facility designed primarily for motorists, providing convenient overnight lodging and parking facilities, usually with direct access to individual rooms from an outdoor parking area. Motels are commonly found along highways, major roads, and tourist routes, catering to travelers looking for a convenient and affordable place to stay for short-term stays.

The global Motels (Motor Hotel) market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LPI (LP Information)' newest research report, the “Motels (Motor Hotel) Industry Forecast” looks at past sales and reviews total world Motels (Motor Hotel) sales in 2023, providing a comprehensive analysis by region and market sector of projected Motels (Motor Hotel) sales for 2024 through 2030. With Motels (Motor Hotel) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Motels (Motor Hotel) industry.

This Insight Report provides a comprehensive analysis of the global Motels (Motor Hotel) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Motels (Motor Hotel) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Motels (Motor Hotel) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Motels (Motor Hotel) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Motels (Motor Hotel).

United States market for Motels (Motor Hotel) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Motels (Motor Hotel) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Motels (Motor Hotel) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Motels (Motor Hotel) players cover Motel 6, Best Western, Comfort Inn, La Quinta Inn & Suites and Super 8, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Motels (Motor Hotel) market by product type, application, key players and key regions and countries.

Segmentation by type
Independent Motels
Chain Motels

Segmentation by application
Personal & Family
Groups

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Motel 6
Best Western
Comfort Inn
La Quinta Inn & Suites
Super 8
Microtel Inn & Suites
Travelodge
America’s Best Value Inn
Candlewood Suites
Holiday Inn Express
Red Roof Inn
Budget Motels
Golden Chain

Please note: The report will take approximately 2 business days to prepare and deliver.