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Hotels & Motels in Nigeria

  • ID: 4413826
  • Report
  • Region: Nigeria
  • 36 pages
  • MarketLine
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FEATURED COMPANIES

  • AccorHotels
  • Louvre Hotels
  • MORE
Hotels & Motels in Nigeria

Summary

Hotels & Motels in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Essential resource for top-line data and analysis covering the Nigeria 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 revenues generated by hotels, motels and other accommodation providers through the provision of accommodation and other services. The total value includes room revenue and non-room revenue, including casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region. Any currency conversions included within this report have been calculated using constant 2017 annual average exchange rates.
The Nigerian hotels and motels industry is expected to generate total revenues of $5.4bn in 2018, representing a compound annual growth rate (CAGR) of 5.2% between 2014 and 2018
The number of establishments is forecast to increase with a CAGR of 5% between 2014 and 2018, to reach a total of 3,611.0 in 2018.
The number of foreign visitors has grown immensely in recent years in spite of security concerns. Demand from foreign tourism has been stimulated by declining prices in 2015 and 2016.

Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Nigeria
  • 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 Nigeria hotels & motels market with five year forecasts by both value and volume
Reasons to buy
  • What was the size of the Nigeria hotels & motels market by value in 2017?
  • What will be the size of the Nigeria hotels & motels market in 2022?
  • What factors are affecting the strength of competition in the Nigeria hotels & motels market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Nigeria's hotels & motels market?
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AccorHotels
  • Louvre Hotels
  • MORE
Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
AccorHotels
Best Western International Inc
Louvre Hotels
Marriott International Inc
Macroeconomic Indicators
Country data
Methodology
Appendix
About the Author

List of Tables
Table 1: Nigeria hotels & motels industry value: $ billion, 2014-18(e)
Table 2: Nigeria hotels & motels industry volume: establishments, 2014–18(e)
Table 3: Nigeria hotels & motels industry category segmentation: $ billion, 2018(e)
Table 4: Nigeria hotels & motels industry geography segmentation: $ billion, 2018(e)
Table 5: Nigeria hotels & motels industry value forecast: $ billion, 2018-23
Table 6: Nigeria hotels & motels industry volume forecast: establishments, 2018–23
Table 7: AccorHotels: key facts
Table 8: AccorHotels: key financials ($)
Table 9: AccorHotels: key financials (€)
Table 10: AccorHotels: key financial ratios
Table 11: Best Western International Inc: key facts
Table 12: Louvre Hotels: key facts
Table 13: Marriott International Inc: key facts
Table 14: Marriott International Inc: key financials ($)
Table 15: Marriott International Inc: key financial ratios
Table 16: Nigeria size of population (million), 2014–18
Table 17: Nigeria gdp (constant 2005 prices, $ billion), 2014–18
Table 18: Nigeria gdp (current prices, $ billion), 2014–18
Table 19: Nigeria inflation, 2014–18
Table 20: Nigeria consumer price index (absolute), 2014–18
Table 21: Nigeria exchange rate, 2013–17

List of Figures
Figure 1: Nigeria hotels & motels industry value: $ billion, 2014-18(e)
Figure 2: Nigeria hotels & motels industry volume: establishments, 2014–18(e)
Figure 3: Nigeria hotels & motels industry category segmentation: % share, by value, 2018(e)
Figure 4: Nigeria hotels & motels industry geography segmentation: % share, by value, 2018(e)
Figure 5: Nigeria hotels & motels industry value forecast: $ billion, 2018-23
Figure 6: Nigeria hotels & motels industry volume forecast: establishments, 2018–23
Figure 7: Forces driving competition in the hotels & motels industry in Nigeria, 2018
Figure 8: Drivers of buyer power in the hotels & motels industry in Nigeria, 2018
Figure 9: Drivers of supplier power in the hotels & motels industry in Nigeria, 2018
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Nigeria, 2018
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Nigeria, 2018
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Nigeria, 2018
Figure 13: AccorHotels: revenues & profitability
Figure 14: AccorHotels: assets & liabilities
Figure 15: Marriott International Inc: revenues & profitability
Figure 16: Marriott International Inc: assets & liabilities
Note: Product cover images may vary from those shown
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  • AccorHotels
  • Best Western International Inc
  • Louvre Hotels
  • Marriott International Inc
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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