Hotels & Motels in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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Leading company profiles reveal details of key hotels & motels market players’ global operations and financial performance
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Essential resource for top-line data and analysis covering the Asia-Pacific hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
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What was the size of the Asia-Pacific hotels & motels market by value in 2015?
What will be the size of the Asia-Pacific hotels & motels market in 2020?
What factors are affecting the strength of competition in the Asia-Pacific hotels & motels market?
How has the market performed over the last five years?
What are the main segments that make up Asia-Pacific's hotels & motels market?
The hotels & motels industry value consists of all room revenues generated by hotels, motels and other accommodation providers through the provision of accommodation. The value does not include non-room revenues, such as casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region. Any currency conversions included within this report have been calculated using constant 2015 annual average exchange rates.
The Asia-Pacific hotels & motels industry had total revenues of $189.4bn in 2015, representing a compound annual growth rate (CAGR) of 5.5% between 2011 and 2015.
Industry consumption volume increased with a CAGR of 3.2% between 2011-2015, to reach a total of 55,757 establishments in 2015.
China has been the key driver of growth in the Asia-Pacific hotels and motels industry due to the growth of the middle class in China. China continues to be the engine of growth in the Asia-Pacific region.