Hotels & Motels in South America
Summary
Hotels & Motels in South America 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 South America 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 South American hotels & motels industry's total revenue valued of $20.2bn in 2016, representing a compound annual rate of change (CARC) of -8.4% between 2012 and 2016.
- Industry consumption volume increased with a compound annual growth rate (CAGR) of 2% between 2012 and 2016, to reach a total of 23,949.0 establishments in 2016.
- The declining occupancy rates in the Brazilian and Chilean industries, which led to price cuts in recent years, were the main force behind the shrinkage of the South American industry. These two industries have been challenged by the negative impact of excessive supply, induced by weak demand. Similarly, weak demand in the Argentinian industry in the last two years has forced price cuts as a stimulating measure. Weak demand was also evident in smaller industries of this region - although at a smaller extent. Such was the case in Peru over 2015 and 2016, which further drove down the value of the industry.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in South America
- 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 South America hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the South America hotels & motels market by value in 2016?
- What will be the size of the South America hotels & motels market in 2021?
- What factors are affecting the strength of competition in the South America hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up South America's hotels & motels market?