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Hotels & Motels in Massachusetts - Industry Market Research Report

Hotels & Motels in Massachusetts

Over the past five years, the Hotels and Motels industry in Massachusetts has experienced strong growth, as overall tourism has continued to rise throughout the state, alongside growth in overall business visitation. Furthermore, steady growth in international and domestic travel, corporate profit and consumer spending have enabled industry revenue to grow every year over the period. As a result, the industry has outperformed both the broader state economy and the overall sector over the five-year period. Over the next five years, revenue growth is expected to slow amid rising competition. The continued rise of Airbnb and the role of the internet in traveler accommodation is expected to pressure industry revenue downward.

Operators in this industry provide short-term lodging in hotels, motor hotels (motels) and resort hotels. Establishments may also offer food and beverage services, recreational services, conference room and convention services, laundry services, parking and other services. This industry excludes hotels that have casino facilities attached.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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