Hotels & Motels in Ireland
Summary
Hotels & Motels in Ireland 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 Ireland 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 Irish hotels & motels industry's total revenue valued $4.0bn in 2016, representing a compound annual growth rate (CAGR) of 4.6% between 2012 and 2016.
- Industry consumption volumes declined with a CARC of -1.5% between 2012 and 2016, to reach a total of 807.0 establishments in 2016.
- Though demand in the Irish industry has grown in recent years, a significant price drop in 2015 reduced revenues of that year. The 2015 decline served to stimulate demand however, as occupancy rates significantly increased in that year. Further, in 2016, a marginal increase in the price of accommodation did not impact demand which happened to peak, increasing the revenues of operators. The average rate of occupancy stood at 72.0% in 2016.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Ireland
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Ireland
- 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 Ireland hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Ireland hotels & motels market by value in 2016?
- What will be the size of the Ireland hotels & motels market in 2021?
- What factors are affecting the strength of competition in the Ireland hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Ireland's hotels & motels market?
