Market Research Consumer Goods Market Research Travel & Leisure Market Research Travel Services Market Research Hotels & Lodging Market Research

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

Best Price Guarantee Length Publisher Published Date SKU
from $350 44 Pages MarketLine September, 2023 MTLN18309305
Best Price Guarantee
Price from $350
Length 44 Pages
Publisher MarketLine
Published Date September, 2023
SKU MTLN18309305

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


Summary

Hotels & Motels in Colombia industry profile provides top-line qualitative and quantitative summary information including: 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 Colombian hotels & motels industry had total revenues of $4.1 billion in 2022, representing a compound annual growth rate (CAGR) of 3.6% between 2017 and 2022.
  • Industry consumption volume increased with a CAGR of 4.7% between 2017 and 2022, to reach a total of 11,193.0 establishments in 2022.
  • According to in-house research, in 2022, the Colombian hotels and motels industry witnessed an annual growth of 63.1% due to the increase in the number of tourists which boosted the room occupancy rate. According to in-house research, in 2022, the room occupancy rate in Colombia reached 64.1%, up from 56.3% in 2019.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Colombia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Colombia
  • 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 Colombia hotels & motels market with five year forecasts
Reasons to Buy
  • What was the size of the Colombia hotels & motels market by value in 2022?
  • What will be the size of the Colombia hotels & motels market in 2027?
  • What factors are affecting the strength of competition in the Colombia hotels & motels market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Colombia'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?
7.5. Are there any threats to the leading players?
8 Company Profiles
8.1. GHL Hoteles
8.2. Hoteles Estelar S.A.
8.3. Decameron All Inclusive Hotels & Resorts
8.4. 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: Colombia hotels & motels industry value: $ million, 2017–22
Table 2: Colombia hotels & motels industry volume: Number of Establishments, 2017–22
Table 3: Colombia hotels & motels industry category segmentation: % share, by value, 2017–2022
Table 4: Colombia hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Colombia hotels & motels industry geography segmentation: $ million, 2022
Table 6: Colombia hotels & motels industry value forecast: $ million, 2022–27
Table 7: Colombia hotels & motels industry volume forecast: Number of Establishments, 2022–27
Table 8: GHL Hoteles: key facts
Table 9: GHL Hoteles: Key Employees
Table 10: Hoteles Estelar S.A.: key facts
Table 11: Hoteles Estelar S.A.: Key Employees
Table 12: Decameron All Inclusive Hotels & Resorts: key facts
Table 13: Decameron All Inclusive Hotels & Resorts: Key Employees
Table 14: Marriott International Inc: key facts
Table 15: Marriott International Inc: Annual Financial Ratios
Table 16: Marriott International Inc: Key Employees
Table 17: Marriott International Inc: Key Employees Continued
Table 18: Marriott International Inc: Key Employees Continued
Table 19: Colombia size of population (million), 2018–22
Table 20: Colombia gdp (constant 2005 prices, $ billion), 2018–22
Table 21: Colombia gdp (current prices, $ billion), 2018–22
Table 22: Colombia inflation, 2018–22
Table 23: Colombia consumer price index (absolute), 2018–22
Table 24: Colombia exchange rate, 2018–22
List of Figures
Figure 1: Colombia hotels & motels industry value: $ million, 2017–22
Figure 2: Colombia hotels & motels industry volume: Number of Establishments, 2017–22
Figure 3: Colombia hotels & motels industry category segmentation: $ million, 2017-2022
Figure 4: Colombia hotels & motels industry geography segmentation: % share, by value, 2022
Figure 5: Colombia hotels & motels industry value forecast: $ million, 2022–27
Figure 6: Colombia hotels & motels industry volume forecast: Number of Establishments, 2022–27
Figure 7: Forces driving competition in the hotels & motels industry in Colombia, 2022
Figure 8: Drivers of buyer power in the hotels & motels industry in Colombia, 2022
Figure 9: Drivers of supplier power in the hotels & motels industry in Colombia, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Colombia, 2022
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Colombia, 2022
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Colombia, 2022

$350
$525
$700

Research Assistance

US: 800.298.5699
Int'l: +1.240.747.3093
Live help
Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Other tasks

Cookie Settings