Hotels & Motels in Israel industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.Synopsis
Essential resource for top-line data and analysis covering the Israel hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.Key Highlights
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 Israeli hotels & motels industry’s total revenue valued $3.9bn in 2016, representing a compound annual growth rate (CAGR) of 2.4% between 2012 and 2016.
Industry consumption volume increased with a CAGR of 3.6% between 2012 and 2016, to reach a total of 405.0 establishments in 2016.
Demand of international visitors in the Israeli industry has grown sluggishly overall. However, an increase in the average price of accommodation boosted revenues of hotel operators, whilst the growth of international visitors peaked in 2016 - increasing by 4.5% over 2015 - which fueled the growth acceleration of the industry in that year.
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What was the size of the Israel hotels & motels market by value in 2016?
What will be the size of the Israel hotels & motels market in 2021?
What factors are affecting the strength of competition in the Israel hotels & motels market?
How has the market performed over the last five years?
What are the main segments that make up Israel's hotels & motels market?