Canada Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027

Canada Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027


Summary

Hotels & Motels in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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.
  • The Canadian hotels and motels industry had total revenues of $21.4 billion in 2022, representing a negative compound annual growth rate (CAGR) of 3.4% between 2017 and 2022.
  • Industry consumption volume increased with a CAGR of 0.2% between 2017 and 2022, to reach a total of 8,955.0 number of establishments in 2022.
  • According to Statistics Canada, in May 2023, the tourist arrivals in Canada reached 2.4 million, up 41.2% over April 2023. Such an increase in international arrivals is supporting the country’s hotels and motels industry.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Canada
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Canada
  • Leading company profiles reveal details of key hotels & motels market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Canada hotels & motels market with five year forecasts
Reasons to Buy
  • What was the size of the Canada hotels & motels market by value in 2022?
  • What will be the size of the Canada hotels & motels market in 2027?
  • What factors are affecting the strength of competition in the Canada hotels & motels market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Canada's hotels & motels market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What were the most recent market developments?
8 Company Profiles
8.1. Wyndham Hotels & Resorts Inc
8.2. Choice Hotels International Inc
8.3. Marriott International Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Canada hotels & motels industry value: $ million, 2017–22
Table 2: Canada hotels & motels industry volume: Number of Establishments, 2017–22
Table 3: Canada hotels & motels industry category segmentation: % share, by value, 2017–2022
Table 4: Canada hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Canada hotels & motels industry geography segmentation: $ million, 2022
Table 6: Canada hotels & motels industry value forecast: $ million, 2022–27
Table 7: Canada hotels & motels industry volume forecast: Number of Establishments, 2022–27
Table 8: Wyndham Hotels & Resorts Inc: key facts
Table 9: Wyndham Hotels & Resorts Inc: Annual Financial Ratios
Table 10: Wyndham Hotels & Resorts Inc: Key Employees
Table 11: Choice Hotels International Inc: key facts
Table 12: Choice Hotels International Inc: Annual Financial Ratios
Table 13: Choice Hotels International Inc: Key Employees
Table 14: Choice Hotels International Inc: Key Employees Continued
Table 15: Marriott International Inc: key facts
Table 16: Marriott International Inc: Annual Financial Ratios
Table 17: Marriott International Inc: Key Employees
Table 18: Marriott International Inc: Key Employees Continued
Table 19: Marriott International Inc: Key Employees Continued
Table 20: Canada size of population (million), 2018–22
Table 21: Canada gdp (constant 2005 prices, $ billion), 2018–22
Table 22: Canada gdp (current prices, $ billion), 2018–22
Table 23: Canada inflation, 2018–22
Table 24: Canada consumer price index (absolute), 2018–22
Table 25: Canada exchange rate, 2018–22
List of Figures
Figure 1: Canada hotels & motels industry value: $ million, 2017–22
Figure 2: Canada hotels & motels industry volume: Number of Establishments, 2017–22
Figure 3: Canada hotels & motels industry category segmentation: $ million, 2017-2022
Figure 4: Canada hotels & motels industry geography segmentation: % share, by value, 2022
Figure 5: Canada hotels & motels industry value forecast: $ million, 2022–27
Figure 6: Canada hotels & motels industry volume forecast: Number of Establishments, 2022–27
Figure 7: Forces driving competition in the hotels & motels industry in Canada, 2022
Figure 8: Drivers of buyer power in the hotels & motels industry in Canada, 2022
Figure 9: Drivers of supplier power in the hotels & motels industry in Canada, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Canada, 2022
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Canada, 2022
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Canada, 2022

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