Hotels & Motels in Norway
Description
Hotels>&>Motels>in>Norway
Summary
>Hotels>&>Motels>in>Norway>industry>profile>provides>top-line>qualitative>and>quantitative>summary>information>including:>market>share,>market>size>(value>and>volume>2019-24,>and>forecast>to>2029).>The>profile>also>contains>descriptions>of>the>leading>players>including>key>financial>metrics>and>analysis>of>competitive>pressures>within>the>market.
Key>Highlights
Summary
>Hotels>&>Motels>in>Norway>industry>profile>provides>top-line>qualitative>and>quantitative>summary>information>including:>market>share,>market>size>(value>and>volume>2019-24,>and>forecast>to>2029).>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>includes>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>Norwegian>hotels>&>motels>industry>recorded>revenues>of>$4.0>billion>in>2024,>representing>a>compound>annual>growth>rate>(CAGR)>of>3.8%>between>2019>and>2024.
- Industry>consumption>volume>increased>with>a>CAGR>of>0.4%>between>2019>and>2024,>reaching>a>total>of>1,125.0>establishments>in>2024.
- The>growing>travel>and>tourism>expenditure>is>a>key>driver>of>revenue>in>the>hotels>&>motels>industry.>According>to>the>World>Travel>&>Tourism>Council>(WTTC),>in>2024,>spending>on>travel>&>tourism>was>$26,563.1>million>as>compared>to>$25,321.6>million>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>Norway
- Use>the>Five>Forces>analysis>to>determine>the>competitive>intensity>and>therefore>attractiveness>of>the>hotels>&>motels>market>in>Norway
- 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>Norway>hotels>&>motels>market>with>five>year>forecasts>by>both>value>and>volume
- What>was>the>size>of>the>Norway>hotels>&>motels>market>by>value>in>2024?
- What>will>be>the>size>of>the>Norway>hotels>&>motels>market>in>2029?
- What>factors>are>affecting>the>strength>of>competition>in>the>Norway>hotels>&>motels>market?
- How>has>the>market>performed>over>the>last>five>years?
- Who>are>the>top>competitors>in>Norway's>hotels>&>motels>market?
Table of Contents
40 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?
- 7.4. What are the challenges faced in the industry?
- 8 Company Profiles
- 8.1. Hilton Worldwide Holdings Inc
- 8.2. Strawberry Equities AS
- 8.3. Thon Hotels
- 8.4. Scandic Hotels Norway
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Norway hotels & motels industry value: $ million, 2019-24
- Table 2: Norway hotels & motels industry volume: number of establishments, 2019-24
- Table 3: Norway hotels & motels industry category segmentation: % share, by value, 2019-24
- Table 4: Norway hotels & motels industry category segmentation: $ million, 2019-24
- Table 5: Norway hotels & motels industry geography segmentation: $ million, 2024
- Table 6: Norway hotels & motels industry value forecast: $ million, 2024-29
- Table 7: Norway hotels & motels industry volume forecast: number of establishments, 2024-29
- Table 8: Hilton Worldwide Holdings Inc: Key Facts
- Table 9: Hilton Worldwide Holdings Inc: Annual Financial Ratios
- Table 10: Hilton Worldwide Holdings Inc: Key Employees
- Table 11: Strawberry Equities AS: Key Facts
- Table 12: Thon Hotels: Key Facts
- Table 13: Thon Hotels: Key Employees
- Table 14: Scandic Hotels Norway: Key Facts
- Table 15: Norway Size of Population (Million), 2020-24
- Table 16: Norway Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 17: Norway GDP (Current Prices, $ Billion), 2020-24
- Table 18: Norway Inflation, 2020-24
- Table 19: Norway Consumer Price Index (Absolute), 2020-24
- Table 20: Norway Exchange Rate, 2019-24
- List of Figures
- Figure 1: Norway hotels & motels industry value: $ million, 2019-24
- Figure 2: Norway hotels & motels industry volume: number of establishments, 2019-24
- Figure 3: Norway hotels & motels industry category segmentation: $ million, 2019-24
- Figure 4: Norway hotels & motels industry geography segmentation: % share, by value, 2024
- Figure 5: Norway hotels & motels industry value forecast: $ million, 2024-29
- Figure 6: Norway hotels & motels industry volume forecast: number of establishments, 2024-29
- Figure 7: Forces driving competition in the hotels & motels industry in Norway, 2024
- Figure 8: Drivers of buyer power in the hotels & motels industry in Norway, 2024
- Figure 9: Drivers of supplier power in the hotels & motels industry in Norway, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Norway, 2024
- Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Norway, 2024
- Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Norway, 2024
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