Global Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027
Summary
Global Hotels & Motels industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 global hotels & motels industry had total revenues of $774.3 billion in 2022, representing a negative compound annual growth rate (CAGR) of 2% between 2017 and 2022.
Industry consumption volume increased with a CAGR of 1% between 2017 and 2022, to reach a total of 398,611 establishments in 2022.
In the global hotels & motels industry, Europe is the largest region, accounting for 35.5%, followed by North America (32.7%), Asia-Pacific (24.7%), the Middle East (3.7%), and South America (2.7%) in 2022.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in the global
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global hotels & motels market
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 Global hotels & motels market with five year forecasts by both value and volume
Reasons to Buy
What was the size of the Global hotels & motels market by value in 2022?
What will be the size of the Global hotels & motels market in 2027?
What factors are affecting the strength of competition in the Global hotels & motels market?
How has the market performed over the last five years?
Who are the top competitors in the global'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. Marriott International Inc
8.3. Shanghai Jin Jiang Capital Co Ltd
8.4. Hilton Worldwide Holdings Inc
8.5. Choice Hotels 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: Global hotels & motels industry value: $ million, 2017–22
Table 2: Global hotels & motels industry volume: Number of Establishments, 2017–22
Table 3: Global hotels & motels industry category segmentation: % share, by value, 2017–2022
Table 4: Global hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Global hotels & motels industry geography segmentation: $ million, 2022
Table 6: Global hotels & motels industry value forecast: $ million, 2022–27
Table 7: Global hotels & motels industry volume forecast: Number of Establishments, 2022–27