Hotels & Motels in Taiwan
Description
Hotels & Motels in Taiwan
Summary
Hotels & Motels in Taiwan industry profile provides top-line qualitative and quantitative summary information including: 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 Taiwan industry profile provides top-line qualitative and quantitative summary information including: 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 Taiwanese hotels & motels industry recorded revenues of $1.7 billion in 2024, representing a compound annual growth rate (CAGR) of 5.0% between 2019 and 2024.
- The number of establishments in the industry increased with a CAGR of 0.2% between 2019 and 2024, reaching a total of 128.0 in 2024.
- The revenue of the Taiwanese hotels & motels industry experienced an annual growth of 22.8% in 2024. The growth is driven by an increase in total consumer spending on travel and tourism. According to the World Travel and Tourism Council, in 2024, the total consumer spending on travel and tourism in Taiwan reached $74,258.7 million, up 29.9% from 2023.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the hotels & motels market in Taiwan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Taiwan
- 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 Taiwan hotels & motels market with five year forecasts by both value and volume
- What was the size of the Taiwan hotels & motels market by value in 2024?
- What will be the size of the Taiwan hotels & motels market in 2029?
- What factors are affecting the strength of competition in the Taiwan hotels & motels market?
- How has the market performed over the last five years?
- How large is Taiwan’s hotels & motels market in relation to its regional counterparts?
Table of Contents
45 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 of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Formosa International Hotels Corporation
- 8.2. Hotel Holiday Garden
- 8.3. Accor SA
- 8.4. Marriott International Inc
- 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: Taiwan hotels & motels industry value: $ million, 2019-24
- Table 2: Taiwan hotels & motels industry volume: number of establishments, 2019-24
- Table 3: Taiwan hotels & motels industry category segmentation: % share, by value, 2019-24
- Table 4: Taiwan hotels & motels industry category segmentation: $ million, 2019-24
- Table 5: Taiwan hotels & motels industry geography segmentation: $ million, 2024
- Table 6: Taiwan hotels & motels industry value forecast: $ million, 2024-29
- Table 7: Taiwan hotels & motels industry volume forecast: number of establishments, 2024-29
- Table 8: Formosa International Hotels Corporation: Key Facts
- Table 9: Formosa International Hotels Corporation: Annual Financial Ratios
- Table 10: Formosa International Hotels Corporation: Key Employees
- Table 11: Hotel Holiday Garden: Key Facts
- Table 12: Hotel Holiday Garden: Annual Financial Ratios
- Table 13: Accor SA: Key Facts
- Table 14: Accor SA: Annual Financial Ratios
- Table 15: Accor SA: Key Employees
- Table 16: Marriott International Inc: Key Facts
- Table 17: Marriott International Inc: Annual Financial Ratios
- Table 18: Marriott International Inc: Key Employees
- Table 19: Marriott International Inc: Key Employees Continued
- Table 20: Marriott International Inc: Key Employees Continued
- Table 21: Taiwan Size of Population (Million), 2020-24
- Table 22: Taiwan Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 23: Taiwan GDP (Current Prices, $ Billion), 2020-24
- Table 24: Taiwan Inflation, 2020-24
- Table 25: Taiwan Consumer Price Index (Absolute), 2020-24
- Table 26: Taiwan Exchange Rate, 2019-24
- List of Figures
- Figure 1: Taiwan hotels & motels industry value: $ million, 2019-24
- Figure 2: Taiwan hotels & motels industry volume: number of establishments, 2019-24
- Figure 3: Taiwan hotels & motels industry category segmentation: $ million, 2019-24
- Figure 4: Taiwan hotels & motels industry geography segmentation: % share, by value, 2024
- Figure 5: Taiwan hotels & motels industry value forecast: $ million, 2024-29
- Figure 6: Taiwan hotels & motels industry volume forecast: number of establishments, 2024-29
- Figure 7: Forces driving competition in the hotels & motels industry in Taiwan, 2024
- Figure 8: Drivers of buyer power in the hotels & motels industry in Taiwan, 2024
- Figure 9: Drivers of supplier power in the hotels & motels industry in Taiwan, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Taiwan, 2024
- Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Taiwan, 2024
- Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Taiwan, 2024
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