Hotels & Motels in Thailand 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 Thailand 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 Thai hotels & motels industry’s total revenue valued of $19.2bn in 2016, representing a compound annual growth rate (CAGR) of 2.6% between 2012 and 2016.
Industry consumption volume increased with a CAGR of 3.3% between 2012 and 2016, to reach a total of 9,831.0 establishments in 2016.
Despite a decline in 2014 due to political instability, demand in the Thai hotels industry has been strong in recent years, increasing the revenues of hotel operators. However, a downward price trend observed since 2015 undermined the rise in revenues of hotel operators during the last two years in favor of keeping occupancy rates high. In 2016, the number of international visitors increased by 8.9%, though a slight decline in the average price of accommodation in that year led to the growth of revenues to be only 6.0%.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Thailand
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Thailand
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 Thailand hotels & motels market with five year forecasts by both value and volume
Reasons to buy
What was the size of the Thailand hotels & motels market by value in 2016?
What will be the size of the Thailand hotels & motels market in 2021?
What factors are affecting the strength of competition in the Thailand hotels & motels market?
How has the market performed over the last five years?
What are the main segments that make up Thailand's hotels & motels market?