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Hotels & Motels in Canada - Industry Market Research Report

  • ID: 3941629
  • Report
  • September 2021
  • Region: Canada
  • 52 Pages
  • IBISWorld
Checking In: Industry Revenue and Profit Will Likely Rise as Consumer Confidence Returns to Growth

Hotels & Motels in Canada


The Hotels and Motels industry in Canada has grown substantially over the five years to 2019, encouraged by an increase in international tourism and hikes in per capita disposable income. Consistent economic growth over the past five years and relatively stable consumer confidence have boosted the ability of Canadians to take overnight domestic trips. Furthermore, hotels and motels, which rely on international travellers, have benefited from growing inbound international visitor numbers. Despite the prominence of large, well-known hotel chains, the industry has a low level of concentration and still has many small- to medium-sized independent operators. This has kept the industry highly competitive over the past five years. Industry revenue and profit growth are expected to slow down over the five years to 2024. However, increases in consumer spending are expected to sustain industry revenue growth.

The Hotels and Motels industry in Canada provides short-term lodging in facilities known as hotels, motels, motor hotels and resort hotels. These establishments may offer food and beverage services, recreational services, conference rooms and convention services, laundry services, parking and other services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations

COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization

MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Marriott International Inc.
Note: Product cover images may vary from those shown

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