Egypt Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services. The industry is detailed in both value and volume terms.
• The Egyptian hotels and motels industry had total revenues of $2.8 billion in 2022, representing a compound annual growth rate (CAGR) of 8.9% between 2017 and 2022.
• Industry consumption volumes declined with a CAGR of -2.9% between 2017 and 2022, to reach a total of 1,394.0 establishments in 2022.
• According to in-house research, in 2022, the Egyptian hotels and motels industry witnessed an annual growth of 108.8% due to the increase in the number of tourists which boosted the room occupancy rate. According to in-house research, in 2022, the room occupancy rate in Egypt reached 61.8%, up from 43.4% in 2021.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Egypt
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Egypt
• 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 Egypt hotels & motels market with five year forecasts

Reasons to Buy

• What was the size of the Egypt hotels & motels market by value in 2022?
• What will be the size of the Egypt hotels & motels market in 2027?
• What factors are affecting the strength of competition in the Egypt hotels & motels market?
• How has the market performed over the last five years?
• Who are the top competitors in Egypt's hotels & motels market?