Hotels & Motels in Europe
Summary
Hotels & Motels in Europe 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 Europe 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 European hotels & motels industry's total revenue valued $254.7bn in 2016, representing a compound annual growth rate (CAGR) of 1.4% between 2012 and 2016
- Industry consumption volume increased with a CAGR of 0.9% between 2012 and 2016, to reach a total of 231,162.0 establishments in 2016
- The European industry has been affected by security concerns over the last two years that have strongly impacted certain industries, including France and Belgium. Though demand has remained strong for most domestic industries within Europe, growth was undermined by drops in prices induced by hotel operators as a means to further stimulate demand. Large and popular tourism industries such as Italy and the Greece recoded strictly moderate growth in 2016, with Spain being the only one that outperformed, showcasing double-git rates. Notably, the strong performance of the UK has deteriorated recently, registering contraction in 2016, while the German and Scandinavian industries demonstrated increasing demand dynamic.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Europe
- 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 Europe hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Europe hotels & motels market by value in 2016?
- What will be the size of the Europe hotels & motels market in 2021?
- What factors are affecting the strength of competition in the Europe hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe's hotels & motels market?
