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Hotels & Motels in Massachusetts - Industry Market Research Report

  • ID: 4578294
  • Report
  • November 2020
  • Region: United States
  • 25 pages
  • IBISWorld
Checking Out: Domestic and International Travel Have Sharply Contracted in 2020, Severely Limiting the Industry

FEATURED COMPANIES

  • Wyndham Destinations Inc.

Hotels & Motels in Massachusetts

Over the past five years, the Hotels and Motels industry in Massachusetts has experienced strong growth, as overall tourism has continued to rise throughout the state, alongside growth in overall business visitation. Furthermore, steady growth in international and domestic travel, corporate profit and consumer spending have enabled industry revenue to grow every year over the period. As a result, the industry has outperformed both the broader state economy and the overall sector over the five-year period. Over the next five years, revenue growth is expected to slow amid rising competition. The continued rise of Airbnb and the role of the internet in traveler accommodation is expected to pressure industry revenue downward.

Operators in this industry provide short-term lodging in hotels, motor hotels (motels) and resort hotels. Establishments may also offer food and beverage services, recreational services, conference room and convention services, laundry services, parking and other services. This industry excludes hotels that have casino facilities attached.

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

FEATURED COMPANIES

  • Wyndham Destinations Inc.
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
  • Marriott International Inc.
  • Hilton Worldwide Holdings Inc.
  • Wyndham Destinations Inc.
  • InterContinental Hotels Group PLC
Note: Product cover images may vary from those shown

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