Hotels & Motels in North America 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 North America 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 North American hotels & motels industry’s total revenue valued of $224.4bn in 2016, representing a compound annual growth rate (CAGR) of 5.5% between 2012 and 2016.
Industry consumption volume increased with a CAGR of 1.1% between 2012 and 2016, to reach a total of 76,855.0 establishments in 2016.
The growth of the industry was facilitated by improvements in efficiency due to consolidation, which was predominantly evident in the US industry. The US is the main driver of the region’s total growth, accounting for the 84.4%, as both occupancy rates and the average prices of accommodation increased. In contrast, the Canadian and Mexican industries were challenged with declining revenues, provoked by excess capacity.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in North America
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in North America
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 North America hotels & motels market with five year forecasts by both value and volume
Reasons to buy
What was the size of the North America hotels & motels market by value in 2016?
What will be the size of the North America hotels & motels market in 2021?
What factors are affecting the strength of competition in the North America hotels & motels market?
How has the market performed over the last five years?
What are the main segments that make up North America's hotels & motels market?