Hotels & Motels in Taiwan
Summary
Hotels & Motels in Taiwan 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 Taiwan 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 Taiwanese hotels & motels industry's total revenue valued of $1.8bn in 2016, representing a compound annual growth rate (CAGR) of 5.4% between 2012 and 2016.
- Industry consumption volume increased with a CAGR of 2.7% between 2012 and 2016, to reach a total of 120.0 establishments in 2016.
- Strong demand from Chinese tourists supported the growth of the Taiwanese hotels industry; the growth peak in 2014 is associated with the lift of the daily limit of individual Chinese travelers to Taiwan. Accordingly, the recent political tensions between China and Taiwan, which developed in 2015, have reduced demand of Chinese visitors. The number of visitors from South Korea and Hong Kong, among other Southeast Asian countries, will slightly compensate for this loss.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Taiwan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Taiwan
- 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 Taiwan hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Taiwan hotels & motels market by value in 2016?
- What will be the size of the Taiwan hotels & motels market in 2021?
- What factors are affecting the strength of competition in the Taiwan hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Taiwan's hotels & motels market?
