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Mexico Travel Accommodation Market By Type, By Application, By Price Point, By Mode of Booking: Opportunity Analysis and Industry Forecast, 2022-2031

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    Report

  • 72 Pages
  • July 2023
  • Region: Mexico
  • Allied Market Research
  • ID: 5916421
Description Jump to:
The Mexico Travel Accommodation Market is witnessing substantial expansion and offers various avenues for business growth, despite encountering certain obstacles. The industry's progress is fueled by a multitude of factors and trends, and effectively addressing the challenges is key to maximizing the available opportunities. Mexico's travel accommodation market is experiencing a strong surge primarily due to factors such as a rising influx of tourists, enhanced infrastructure, and government initiatives to boost tourism. The country's diverse landscapes, cultural richness, and affordable pricing act as magnets, attracting a significant number of both international and domestic travelers, thereby increasing the demand for accommodation options. A noteworthy trend within the industry is proliferation of online booking platforms and mobile applications, which provide travelers with convenient and easily accessible means to discover and secure accommodations. Technology's growing influence and the digital transformation of the travel sector have significantly influenced how individuals search for and reserve accommodations in Mexico. A significant obstacle is competition from unregistered or informal accommodation providers, leading to potential issues with quality control and safety. Despite these challenges, the Mexico Travel Accommodation Market presents substantial business prospects. There is a growing demand for luxury and boutique accommodations, particularly in popular tourist destinations.

The Mexico Travel Accommodation market is segmented into type, application, price point, mode of booking and region. The type segment comprises hotel, hostel, resort, vacation rental, and others. The applications covered in the study include leisure, professional, and others. On the basis of price point, the market is categorized into economy, mid-range, and luxury. Depending on mode of booking, it is segregated into online travel agency, hotel website, and others.

The major players in the travel accommodation industry that have been analyzed in this report include Airbnb, Expedia, Barcelo Hotel Group, La Quinta Mexico, City Express Hotels, hotelesTIPS, Grupo Posadas, Homeaway, Best Western Hotels, Motel 6 Mexico

Key Benefits For Stakeholders

  • Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
  • Analyze the key strategies adopted by major market players in Mexico travel accommodation market.
  • Assess and rank the top factors that are expected to affect the growth of Mexico travel accommodation market.
  • Top Player positioning provides a clear understanding of the present position of market players.
  • Detailed analysis of the Mexico travel accommodation market segmentation assists to determine the prevailing market opportunities.
  • Identify key investment pockets for various offerings in the market.

Additional benefits you will get with this purchase are:

  • Quarterly Update and* (only available with a corporate license, on listed price)
  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Five and Enterprise User License.
  • 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
  • 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
  • Free data Pack on the Five and Enterprise User License. (Excel version of the report)
  • Free Updated report if the report is 6-12 months old or older.
  • 24-hour priority response*
  • Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

  • Brands Share Analysis
  • Market share analysis of players at global/region/country level

Key Market Segments

By Type

  • Hotels
  • Hostels
  • Resorts
  • Vacation Rentals
  • Others

By Application

  • Leisure
  • Professional
  • Others

By Price Point

  • Economy
  • Mid-Range
  • Luxury

By Mode of Booking

  • Online Travel Agency
  • Direct Booking
  • Others
  • Key Market Players
  • Airbnb
  • Expedia
  • Barcelo Hotel Group
  • La Quinta Mexico
  • City Express Hotels
  • hotelesTIPS
  • Grupo Posadas
  • Homeaway
  • Best Western Hotels
  • Motel 6 Mexico

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits to the Stakeholders
1.4. Research Methodology
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.3. Porter’s Five Forces Analysis
3.4. Market Dynamics
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: MEXICO TRAVEL ACCOMMODATION MARKET, BY TYPE
4.1. Overview
4.2. Hotels
4.3. Hostels
4.4. Resorts
4.5. Vacation Rentals
4.6. Others
CHAPTER 5: MEXICO TRAVEL ACCOMMODATION MARKET, BY APPLICATION
5.1. Overview
5.2. Leisure
5.3. Professional
5.4. Others
CHAPTER 6: MEXICO TRAVEL ACCOMMODATION MARKET, BY PRICE POINT
6.1. Overview
6.2. Economy
6.3. Mid-Range
6.4. Luxury
CHAPTER 7: MEXICO TRAVEL ACCOMMODATION MARKET, BY MODE OF BOOKING
7.1. Overview
7.2. Online Travel Agency
7.3. Direct Booking
7.4. Others
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1. Airbnb
9.2. Expedia
9.3. Barcelo Hotel Group
9.4. La Quinta Mexico
9.5. City Express Hotels
9.6. hotelesTIPS
9.7. Grupo Posadas
9.8. Homeaway
9.9. Best Western Hotels
9.10. Motel 6 Mexico
List of Tables
Table 01. Mexico Travel Accommodation Market, by Type, 2021-2031 ($Billion)
Table 02. Mexico Travel Accommodation Market, by Application, 2021-2031 ($Billion)
Table 03. Mexico Travel Accommodation Market, by Price Point, 2021-2031 ($Billion)
Table 04. Mexico Travel Accommodation Market, by Mode of Booking, 2021-2031 ($Billion)
Table 05. Airbnb: Key Executives
Table 06. Airbnb: Company Snapshot
Table 07. Airbnb: Operating Segments
Table 08. Airbnb: Product Portfolio
Table 09. Airbnb: Key Stratergies
Table 10. Expedia: Key Executives
Table 11. Expedia: Company Snapshot
Table 12. Expedia: Operating Segments
Table 13. Expedia: Product Portfolio
Table 14. Expedia: Key Stratergies
Table 15. Barcelo Hotel Group: Key Executives
Table 16. Barcelo Hotel Group: Company Snapshot
Table 17. Barcelo Hotel Group: Operating Segments
Table 18. Barcelo Hotel Group: Product Portfolio
Table 19. Barcelo Hotel Group: Key Stratergies
Table 20. La Quinta Mexico: Key Executives
Table 21. La Quinta Mexico: Company Snapshot
Table 22. La Quinta Mexico: Operating Segments
Table 23. La Quinta Mexico: Product Portfolio
Table 24. La Quinta Mexico: Key Stratergies
Table 25. City Express Hotels: Key Executives
Table 26. City Express Hotels: Company Snapshot
Table 27. City Express Hotels: Operating Segments
Table 28. City Express Hotels: Product Portfolio
Table 29. City Express Hotels: Key Stratergies
Table 30. Hotelestips: Key Executives
Table 31. Hotelestips: Company Snapshot
Table 32. Hotelestips: Operating Segments
Table 33. Hotelestips: Product Portfolio
Table 34. Hotelestips: Key Stratergies
Table 35. Grupo Posadas: Key Executives
Table 36. Grupo Posadas: Company Snapshot
Table 37. Grupo Posadas: Operating Segments
Table 38. Grupo Posadas: Product Portfolio
Table 39. Grupo Posadas: Key Stratergies
Table 40. Homeaway: Key Executives
Table 41. Homeaway: Company Snapshot
Table 42. Homeaway: Operating Segments
Table 43. Homeaway: Product Portfolio
Table 44. Homeaway: Key Stratergies
Table 45. Best Western Hotels: Key Executives
Table 46. Best Western Hotels: Company Snapshot
Table 47. Best Western Hotels: Operating Segments
Table 48. Best Western Hotels: Product Portfolio
Table 49. Best Western Hotels: Key Stratergies
Table 50. Motel 6 Mexico: Key Executives
Table 51. Motel 6 Mexico: Company Snapshot
Table 52. Motel 6 Mexico: Operating Segments
Table 53. Motel 6 Mexico: Product Portfolio
Table 54. Motel 6 Mexico: Key Stratergies
List of Figures
Figure 01. Mexico Travel Accommodation Market, 2021-2031
Figure 02. Segmentation of Mexico Travel Accommodation Market, 2021-2031
Figure 03. Top Investment Pockets in Mexico Travel Accommodation Market (2022-2031)
Figure 04. Porter's Five - 1
Figure 05. Porter's Five - 2
Figure 06. Porter's Five - 3
Figure 07. Porter's Five - 4
Figure 08. Porter's Five - 5
Figure 09. Drivers, Restraints and Opportunities: Mexico Travel Accommodation Market
Figure 10. Mexico Travel Accommodation Market,By Type, 2021 ($Billion)
Figure 11. Mexico Travel Accommodation Market,By Application, 2021 ($Billion)
Figure 12. Mexico Travel Accommodation Market,By Price Point, 2021 ($Billion)
Figure 13. Mexico Travel Accommodation Market,By Mode of Booking, 2021 ($Billion)
Figure 14. Top Winning Strategies, by Year
Figure 15. Top Winning Strategies, by Development
Figure 16. Top Winning Strategies, by Company
Figure 17. Product Mapping of Top 10 Players
Figure 18. Competitive Dashboard
Figure 19. Competitive Heatmap: Mexico Travel Accommodation Market
Figure 20. Top Player Positioning, 2021
Figure 21. Airbnb: Net Sales, 2020-2022* ($Billion)
Figure 22. Airbnb: Revenue Share, by Segment, 2021 (%)
Figure 23. Airbnb: Revenue Share, by Geography, 2021 (%)
Figure 24. Expedia: Net Sales, 2020-2022* ($Billion)
Figure 25. Expedia: Revenue Share, by Segment, 2021 (%)
Figure 26. Expedia: Revenue Share, by Geography, 2021 (%)
Figure 27. Barcelo Hotel Group: Net Sales, 2020-2022* ($Billion)
Figure 28. Barcelo Hotel Group: Revenue Share, by Segment, 2021 (%)
Figure 29. Barcelo Hotel Group: Revenue Share, by Geography, 2021 (%)
Figure 30. La Quinta Mexico: Net Sales, 2020-2022* ($Billion)
Figure 31. La Quinta Mexico: Revenue Share, by Segment, 2021 (%)
Figure 32. La Quinta Mexico: Revenue Share, by Geography, 2021 (%)
Figure 33. City Express Hotels: Net Sales, 2020-2022* ($Billion)
Figure 34. City Express Hotels: Revenue Share, by Segment, 2021 (%)
Figure 35. City Express Hotels: Revenue Share, by Geography, 2021 (%)
Figure 36. Hotelestips: Net Sales, 2020-2022* ($Billion)
Figure 37. Hotelestips: Revenue Share, by Segment, 2021 (%)
Figure 38. Hotelestips: Revenue Share, by Geography, 2021 (%)
Figure 39. Grupo Posadas: Net Sales, 2020-2022* ($Billion)
Figure 40. Grupo Posadas: Revenue Share, by Segment, 2021 (%)
Figure 41. Grupo Posadas: Revenue Share, by Geography, 2021 (%)
Figure 42. Homeaway: Net Sales, 2020-2022* ($Billion)
Figure 43. Homeaway: Revenue Share, by Segment, 2021 (%)
Figure 44. Homeaway: Revenue Share, by Geography, 2021 (%)
Figure 45. Best Western Hotels: Net Sales, 2020-2022* ($Billion)
Figure 46. Best Western Hotels: Revenue Share, by Segment, 2021 (%)
Figure 47. Best Western Hotels: Revenue Share, by Geography, 2021 (%)
Figure 48. Motel 6 Mexico: Net Sales, 2020-2022* ($Billion)
Figure 49. Motel 6 Mexico: Revenue Share, by Segment, 2021 (%)
Figure 50. Motel 6 Mexico: Revenue Share, by Geography, 2021 (%)

Companies Mentioned

  • Airbnb
  • Expedia
  • Barcelo Hotel Group
  • La Quinta Mexico
  • City Express Hotels
  • hotelesTIPS
  • Grupo Posadas
  • Homeaway
  • Best Western Hotels
  • Motel 6 Mexico

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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