
Hotels & Motels in Middle East
Description
Hotels & Motels in Middle East
Summary
Hotels & Motels in Middle East industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). 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 Middle Eastern hotels & motels industry recorded revenues of $90.0 billion in 2023, representing a compound annual growth rate (CAGR) of 8.2% between 2018 and 2023.
- The number of establishments in the industry grew at a CAGR of 4.0% between 2018 and 2023, reaching a total of 5,849 in 2023.
- The Middle Eastern hotels & motels industry recorded revenues of $90.0 billion in 2023, representing a compound annual growth rate (CAGR) of 8.2% between 2018 and 2023. In comparison, the European and North American industries grew with CAGRs of 3.2% and 5.8%, respectively, to reach $391.7 billion and $329.6 billion in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Middle East
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Middle East
- 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 Middle East hotels & motels market with five year forecasts by both value and volume
- What was the size of the Middle East hotels & motels market by value in 2023?
- What will be the size of the Middle East hotels & motels market in 2028?
- What factors are affecting the strength of competition in the Middle East hotels & motels market?
- How has the market performed over the last five years?
- Who are the top competitors in Middle East's hotels & motels market?
Table of Contents
35 Pages
- 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 are the strengths and strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Macroeconomic Indicators
- 8.1. Country data
- 9 Appendix
- 9.1. Methodology
- 9.2. Industry associations
- 9.3. Related MarketLine research
- 9.4. About MarketLine
- List of Tables
- Table 1: Middle East hotels & motels industry value: $ million, 2018-23
- Table 2: Middle East hotels & motels industry volume: number of establishments, 2018-23
- Table 3: Middle East hotels & motels industry category segmentation: % share, by value, 2018-23
- Table 4: Middle East hotels & motels industry category segmentation: $ million, 2018-23
- Table 5: Middle East hotels & motels industry geography segmentation: $ million, 2023
- Table 6: Middle East hotels & motels industry value forecast: $ million, 2023-28
- Table 7: Middle East hotels & motels industry volume forecast: number of establishments, 2023-28
- Table 8: Middle East Size of Population (million), 2019-23
- Table 9: Middle East Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 10: Middle East GDP (current prices, $ billion), 2019-23
- Table 11: Middle East Inflation, 2019-23
- Table 12: Middle East Consumer Price Index (absolute), 2019-23
- Table 13: Middle East Exchange Rate, 2018-23
- List of Figures
- Figure 1: Middle East hotels & motels industry value: $ million, 2018-23
- Figure 2: Middle East hotels & motels industry volume: number of establishments, 2018-23
- Figure 3: Middle East hotels & motels industry category segmentation: $ million, 2018-23
- Figure 4: Middle East hotels & motels industry geography segmentation: % share, by value, 2023
- Figure 5: Middle East hotels & motels industry value forecast: $ million, 2023-28
- Figure 6: Middle East hotels & motels industry volume forecast: number of establishments, 2023-28
- Figure 7: Forces driving competition in the hotels & motels industry in the Middle East, 2023
- Figure 8: Drivers of buyer power in the hotels & motels industry in the Middle East, 2023
- Figure 9: Drivers of supplier power in the hotels & motels industry in the Middle East, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in the Middle East, 2023
- Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in the Middle East, 2023
- Figure 12: Drivers of degree of rivalry in the hotels & motels industry in the Middle East, 2023
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