Peru Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027
Summary
Hotels & Motels in Peru 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 Peruvian hotels & motels industry had total revenues of $1.4 billion in 2022, representing a compound annual growth rate (CAGR) of 0.5% between 2017 and 2022.
Industry consumption volume increased with a CAGR of 3.4% between 2017 and 2022, to reach a total of 1,745.0 establishments in 2022.
According to in-house research, in 2022, the Peruvian hotels and motels industry witnessed an annual growth of 54.6% 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 Peru reached 33%, up from 28.5% in 2021.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Peru
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Peru
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 Peru hotels & motels market with five year forecasts
Reasons to Buy
What was the size of the Peru hotels & motels market by value in 2022?
What will be the size of the Peru hotels & motels market in 2027?
What factors are affecting the strength of competition in the Peru hotels & motels market?
How has the market performed over the last five years?
What are the main segments that make up Peru'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. Nessus Hoteles Peru SA
8.2. Wyndham Hotels & Resorts Inc
8.3. Marriott International Inc
8.4. Tierra Viva Hotels
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: Peru hotels & motels industry value: $ million, 2017–22
Table 2: Peru hotels & motels industry volume: Number of Establishments, 2017–22
Table 3: Peru hotels & motels industry category segmentation: % share, by value, 2017–2022
Table 4: Peru hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Peru hotels & motels industry geography segmentation: $ million, 2022
Table 6: Peru hotels & motels industry value forecast: $ million, 2022–27
Table 7: Peru hotels & motels industry volume forecast: Number of Establishments, 2022–27