Hotels & Motels in Vietnam 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 Vietnam 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 Vietnamese hotels & motels industry’s total revenue valued of $16.1bn in 2016, representing a compound annual rate of change (CAGR) of 11.9% between 2012 and 2016
Industry consumption volume increased with a CAGR of 6.6% between 2012 and 2016, to reach a total of 6,804.0 establishments in 2016.
The Vietnamese hotels industry recorded considerable growth rates in terms of the number of foreign visitors; in 2016, foreign tourists increased by 25.0% compared to 2015. However, due to the strong growth of supply during earlier years, the average price of accommodation declined in that year, as hotel operators attempted to increase occupancy rates, leading revenues to be minimized.
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Leading company profiles reveal details of key hotels & motels market players’ global operations and financial performance
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What was the size of the Vietnam hotels & motels market by value in 2016?
What will be the size of the Vietnam hotels & motels market in 2021?
What factors are affecting the strength of competition in the Vietnam hotels & motels market?
How has the market performed over the last five years?
What are the main segments that make up Vietnam's hotels & motels market?