Hotels & Motels in North America

Hotels & Motels in North America

  • December 2018 •
  • 37 pages •
  • Report ID: 4188348
Hotels & Motels in North America

Summary
Hotels & Motels in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Essential resource for top-line data and analysis covering the North America 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 revenues generated by hotels, motels and other accommodation providers through the provision of accommodation and other services. The total value includes room revenue and non-room revenue, including 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 2017 annual average exchange rates.
The North American hotels and motels industry is expected to generate total revenues of $260.2bn in 2018, representing a compound annual growth rate (CAGR) of 4.9% between 2014 and 2018.
The number of establishments is forecast to increase with a CAGR of 1.3% between 2014 and 2018, to reach a total of 76,777.7 in 2018.
The growth of the industry was facilitated by improvements in efficiency due to consolidation, which was predominantly evident in the US industry. The US is the main driver of the region’s total growth, accounting for the 83.4%, as both occupancy rates and the average price of accommodation increased.

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

Reasons to buy
- What was the size of the North America hotels & motels market by value in 2017?
- What will be the size of the North America hotels & motels market in 2022?
- What factors are affecting the strength of competition in the North America hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up North America’s hotels & motels market?
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