Hotels & Motels in Philippines

Hotels & Motels in Philippines

  • February 2020 •
  • 50 pages •
  • Report ID: 4188260 •
  • Format: PDF
Hotels & Motels in Philippines

Hotels & Motels in Philippines 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 Filipino hotels & motels industry had total revenues of $1.3bn in 2018, representing a compound annual growth rate (CAGR) of 6.5% between 2014 and 2018.
- The number of establishments increased with a CAGR of 5.1% between 2014 and 2018, to reach a total of 402.0 in 2018
- The industry experienced strong growth in terms of foreign demand, with the number of foreign visitors peaking in 2015, which led to higher occupancy rates and prices.

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

Reasons to Buy

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

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