Hotels & Motels in Germany
Summary
Hotels & Motels in Germany 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 Germany 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 German hotels & motels industry's total revenue valued $12.1bn in 2016, representing a compound annual rate of change (CARC) of -1.0% between 2012 and 2016.
- Industry consumption volumes declined with a CARC of -0.9% between 2012 and 2016, to reach a total of 12,877.0 establishments in 2016.
- The German hotel industry's steep decline in 2015, which was the result of a drop in the average price for accommodation in an effort to increase occupancy rates, was reversed in 2016. During that year, revenues increased by 5.0% due to continued growth in demand, which led prices in accommodation to rise by 4.0%. Occupancy rates also increased, albeit only slightly, to 70.6 %.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Germany
- 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 Germany hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Germany hotels & motels market by value in 2016?
- What will be the size of the Germany hotels & motels market in 2021?
- What factors are affecting the strength of competition in the Germany hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Germany's hotels & motels market?