Hotels & Motels in Belgium
Summary
Hotels & Motels in Belgium 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 Belgium 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 Belgian hotels & motels industry's total revenue valued $4.1bn in 2016, representing a compound annual rate of change (CARC) of -7.0% between 2012 and 2016.
- Industry consumption volumes declined with a CARC of -2.7% between 2012 and 2016, to reach a total of 1,586.0 establishments in 2016.
- The Austrian industry suffered due to considerable security concerns in the country, which led to a decline in demand. The lockdown imposed in Brussels after the terrorist attacks in late-2015 devastated the revenue of hotel operators that year. Furthermore, similar incidents in 2016 reduced the number of guests in the industry for a second consecutive year.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Belgium
- 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 Belgium hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Belgium hotels & motels market by value in 2016?
- What will be the size of the Belgium hotels & motels market in 2021?
- What factors are affecting the strength of competition in the Belgium hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Belgium's hotels & motels market?
