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Hotels, Motels & Resorts

  • ID: 541137
  • Report
  • February 2021
  • Region: United States
  • 10 Pages
  • First Research
Brief Excerpt from Industry Overview Chapter:

Companies in this industry operate short-term lodging facilities, including hotels, motels, and resort hotels. Major companies include Choice Hotels, Hilton, Hyatt, Marriott International, and Wyndham (all based in the US), as well as Accor (France), InterContinental Hotels Group (UK), Jin Jiang Hotels (China), NH Hotel Group (Spain), and Whitbread (UK).

Competitive Landscape

Hotels, motels, and resorts are benefiting from global increases in tourist travel, but the incursion of short-term rental services such as Airbnb is disrupting the industry in markets around the world. Online travel agencies like Expedia have also influenced the competitive dynamic of the US industry by siphoning off revenue in the form of commissions that hotels must pay on each booking. Both of these trends disproportionately affect large hotel chains, which are fighting for stricter regulation of private rentals while negotiating more favorable contracts with third-party booking websites.

Products, Operations & Technology

Major product lines are room accommodation, which accounts for about 90% of industry revenue. Sales of food accounts for about 4%, catered food service accounts for about 3%, alcoholic beverages accounts for about 2%, and other services accounts for about 1%.
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  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Business Trends
  • Industry Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Web Links and Acronyms
Note: Product cover images may vary from those shown
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