Hotels & Motels in Japan
Summary
Hotels & Motels in Japan 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 Japan 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 Japanese hotels & motels industry's total revenue valued $34.7bn in 2016, representing a compound annual rate of change (CARC) of -9.9% between 2012 and 2016.
- Industry consumption volume increased with a CAGR of 0.6% between 2012 and 2016, to reach a total of 10,043.0 establishments in 2016.
- The demand of foreign visitors in the Japanese hotels industry has followed an exponential growth trend, driven by the significant depreciation of the country's local currency, the Yen, and relaxed visa requirements. Simultaneously, the limited growth of supply has led to a hike of occupancy rates and prices, boosting the revenues of hotel operators.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Japan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Japan
- 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 Japan hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Japan hotels & motels market by value in 2016?
- What will be the size of the Japan hotels & motels market in 2021?
- What factors are affecting the strength of competition in the Japan hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Japan's hotels & motels market?
