Hotels & Motels in Canada

Hotels & Motels in Canada

  • September 2017 •
  • 39 pages •
  • Report ID: 177347
Hotels & Motels in Canada

Summary
Hotels & Motels in Canada 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 Canada 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 industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region. Any currency conversions included within this report have been calculated using constant 2016 annual average exchange rates.
- The Canadian hotels & motels industry’s total revenue valued $16.0bn in 2016, representing a compound annual rate of change (CARC) of -1.0% between 2012 and 2016.
- Industry consumption volume increased with a CAGR of 0.8% between 2012 and 2016, to reach a total of 8,821.0 establishments in 2016.
- As occupancy rates improved, Canada’s industry increased its value in 2016, driving total revenues per available room. Revenues per available room increased by 5.0% in 2016, with two of the country’s provinces, British Columbia and Ontario, recording double-digit growth. The contraction of the market in 2014 and 2015 was the result of the growth of supply. This led to the fall of average room prices during that period, despite increased demand from international travelers after 2014 due to the depreciation of the Canadian Dollar. Notably, the growth of supply was spurred by the local currency’s depreciation, as it attracted Chinese capital flows which invested in hospitality assets of the Canadian industry.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Canada
- 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 Canada hotels & motels market with five year forecasts by both value and volume

Reasons to buy
- What was the size of the Canada hotels & motels market by value in 2016?
- What will be the size of the Canada hotels & motels market in 2021?
- What factors are affecting the strength of competition in the Canada hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Canada’s hotels & motels market?
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Country=Canada Industry=Hospitality ParentIndustry=Services Date=201709 Topic=MarketSize Publisher=MarketLine Price=1000