Hotels and Motels Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Global Hotels & Motels industry profile provides top-line qualitative and quantitative summary information including: industry size (value and volume 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
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.
Industry value consists of the total revenue generated by (a) rent that a guest pays for an occupied room and (b) other revenues, including revenue from food and beverages, telecommunications, health and leisure operations, and car rentals.
Industry volume consists of the number of establishments in a given country that provide paid lodging and full guest services.
All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
Forecast figures presented in this report are calculated using crisis scenarios for the market. The length of the pandemic and restrictions introduced by various countries are still difficult to predict. Many governments had introduced the national lockdowns and temporarily banned sales of products that are deemed non-essential. As the length of the pandemic and its impact on this market is not certain, the data used in this report has been modeled taking forecast impacts on national economics into consideration.
The global hotels & motels industry had total revenues of $534 billion in 2021, representing a negative compound annual rate of change (CARC) of 7.6% between 2016 and 2021.
Industry consumption volume increased with a compound annual growth rate (CAGR) of 1.3% between 2016 and 2021, to reach a total of 391,396 establishments in 2021.
Global hotels & motels industry is growing significantly in recent years owing to the increasing disposable income, rising leisure and business tourism, growth in sports tourism, increasing number of global events attracting large visitors, boosting infrastructure development easing mobility, and emerging adventure tourists.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global hotels & motels industry
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global hotels & motels industry
Leading company profiles reveal details of key hotels & motels industry players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the global hotels & motels industry with five year forecasts by both value and volume
Reasons to Buy
What was the size of the global hotels & motels industry by value in 2022?
What will be the size of the global hotels & motels industry in 2027?
What factors are affecting the strength of competition in the global hotels & motels industry?
How has the industry performed over the last five years?
What are the main segments that make up the global hotels & motels industry?
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. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Hotels & Motels
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Hotels & Motels in Asia-Pacific
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Hotels & Motels in Europe
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 Macroeconomic Indicators
7.1. Country data
8 Hotels & Motels in France
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 Macroeconomic Indicators
9.1. Country data
10 Hotels & Motels in Germany
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 Macroeconomic Indicators
11.1. Country data
12 Hotels & Motels in Italy
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 Macroeconomic Indicators
13.1. Country data
14 Hotels & Motels in Japan
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 Macroeconomic Indicators
15.1. Country data
16 Hotels & Motels in Australia
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 Macroeconomic Indicators
17.1. Country data
18 Hotels & Motels in Canada
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis
19 Macroeconomic Indicators
19.1. Country data
20 Hotels & Motels in China
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis
21 Macroeconomic Indicators
21.1. Country data
22 Hotels & Motels in The Netherlands
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
23 Macroeconomic Indicators
23.1. Country data
24 Hotels & Motels in Spain
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
25 Macroeconomic Indicators
25.1. Country data
26 Hotels & Motels in The United Kingdom
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
27 Macroeconomic Indicators
27.1. Country data
28 Hotels & Motels in The United States
28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market outlook
28.5. Five forces analysis
29 Macroeconomic Indicators
29.1. Country data
30 Company Profiles
30.1. The Originals, Human Hotels & Resorts
30.2. Contact-Hotel Association
30.3. Steigenberger Hotels AG
30.4. Route Inn Japan Co Ltd
30.5. Toyoko Inn Co Ltd
30.6. APA Hotel Ltd
30.7. Super Hotel Co., Ltd.
30.8. Accor SA
30.9. Australian Leisure and Hospitality Group
30.10. TFE Hotels
30.11. Best Western International Inc
30.12. Shanghai Jin Jiang Capital Co Ltd
30.13. H World Group Ltd
30.14. BTG Hotels Group Co Ltd
30.15. GreenTree Hospitality Group Ltd
30.16. Fletcher Hotel Group
30.17. Van der Valk Hotels & Restaurants
30.18. Melia Hotels International SA
30.19. NH Hotel Group SA
30.20. Marriott International Inc
30.21. Barcelo Hotels and Resorts
30.22. Whitbread PLC
30.23. Travelodge Hotels Ltd.
30.24. InterContinental Hotels Group Plc
30.25. Wyndham Hotels & Resorts Inc
30.26. Choice Hotels International Inc
30.27. Hilton Worldwide Holdings Inc
31 Appendix
31.1. Methodology
31.2. About MarketLine
List of Tables
Table 1: Global hotels & motels industry value: $ million, 2017–21
Table 2: Global hotels & motels industry volume: Number of Establishments, 2017–21
Table 3: Global hotels & motels industry category segmentation: % share, by value, 2017–2021
Table 4: Global hotels & motels industry category segmentation: $ million, 2017-2021
Table 5: Global hotels & motels industry value forecast: $ million, 2021–26
Table 6: Global hotels & motels industry volume forecast: Number of Establishments, 2021–26
Table 7: Global size of population (million), 2017–21
Table 8: Global gdp (constant 2005 prices, $ billion), 2017–21
Table 9: Global gdp (current prices, $ billion), 2017–21
Table 10: Global inflation, 2017–21
Table 11: Global consumer price index (absolute), 2017–21