Hotels & Motels in Japan

Hotels & Motels in Japan

  • February 2020 •
  • 43 pages •
  • Report ID: 184616 •
  • Format: PDF
Hotels & Motels in Japan

Summary
Hotels & Motels in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). 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 consists of 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 Japanese hotels & motels industry had total revenues of $43.5bn in 2018, representing a compound annual growth rate (CAGR) of 5.3% between 2014 and 2018.
- The number of establishments increased with a CAGR of 1.7% between 2014 and 2018, to reach a total of 10,583.0 in 2018.
- Demand driven by foreign visitors has followed an exponential growth trend in the Japanese industry, driven by the significant depreciation of the country’s local currency, the Yen, and relaxed visa requirements.

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

Reasons to Buy

- What was the size of the Japan hotels & motels market by value in 2018?
- What will be the size of the Japan hotels & motels market in 2023?
- What factors are affecting the strength of competition in the Japan hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Japan’s hotels & motels market?
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