Summary
The NAFTA Hotels & Motels 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.
Key Questions Answered
- What was the size of the NAFTA hotels & motels market by value in 2016?
- What will be the size of the NAFTA hotels & motels market in 2021?
- What factors are affecting the strength of competition in the NAFTA hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up the NAFTA hotels & motels market?
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA hotels & motels market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA hotels & motels market
- Leading company profiles reveal details of key hotels & motels market players' NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA hotels & motels market with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to buy
The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The hotels & motels industry within the NAFTA countries had a total market value of $224.4 billion in 2016.The US was the fastest growing country, with a CAGR of 6.2% over the 2012-16 period.
Within the hotels & motels industry, the US is the leading country among the NAFTA bloc, with market revenues of $189.3 billion in 2016. This was followed by Mexico and Canada, with a value of $19.0 and $16.0 billion, respectively.
The US is expected to lead the hotels & motels industry in the NAFTA bloc, with a value of $253.7 billion in 2021, followed by Mexico and Canada with expected values of $29.4 and $22.6 billion, respectively.
