Hotels and Motels in Taiwan - Market Summary, Competitive Analysis and Forecast to 2025

Hotels & Motels in Taiwan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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 Taiwanese hotels and motels industry had total revenues of $797.2m in 2020, representing a compound annual rate of change (CARC) of -16.3% between 2016 and 2020.
The number of establishments increased with a compound annual growth rate (CAGR) of 0.4% between 2016 and 2020, to reach a total of 121.0 in 2020.
A record 12 million international arrivals visited Taiwan in 2019, which helped restore demand for hotels. It was impaired in 2018 following political tensions with China, which resulted in the number of international arrivals from China dropping by 1.53%.

Scope

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

Reasons to Buy

What was the size of the Taiwan hotels & motels market by value in 2020?
What will be the size of the Taiwan hotels & motels market in 2025?
What factors are affecting the strength of competition in the Taiwan hotels & motels market?
How has the market performed over the last five years?
What are the main segments that make up Taiwan's hotels & motels market?

Frequently Asked Questions about the Taiwanese Hotels and Motels Market

What is the estimated value of the Taiwanese Hotels and Motels Market?

The Taiwanese Hotels and Motels Market was estimated to be valued at $0.8 Billion in 2020.

What is the growth rate of the Taiwanese Hotels and Motels Market?

The growth rate of the Taiwanese Hotels and Motels Market is 27.1%, with an estimated value of $2.64 Billion by 2025.

What is the forecasted size of the Taiwanese Hotels and Motels Market?

The Taiwanese Hotels and Motels Market is estimated to be worth $2.64 Billion by 2025.

Who are the key companies in the Taiwanese Hotels and Motels Market?

Key companies in the Taiwanese Hotels and Motels Market include Marriott International Inc, Fullon Hotels & Resorts and Hilton Worldwide Holdings Inc.

Report Attribute	Details
No. of Pages	45
Published	October 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 0.8 Billion
Forecasted Market Value ( USD ) by 2025	$ 2.64 Billion
Compound Annual Growth Rate	27.1%
Regions Covered	Taiwan

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. How has the COVID-19 pandemic impacted leading players?
7.4. Are there any threats to the leading players?

8 Company Profiles

8.1. Marriott International Inc
8.2. Fullon Hotels & Resorts
8.3. Hilton Worldwide Holdings Inc

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Author

List of Tables

Table 1: Taiwan hotels & motels industry value: $ million, 2016-20
Table 2: Taiwan hotels & motels industry volume: number of establishments, 2016-20
Table 3: Taiwan hotels & motels industry category segmentation: $ million, 2020
Table 4: Taiwan hotels & motels industry geography segmentation: $ million, 2020
Table 5: Taiwan hotels & motels industry value forecast: $ million, 2020-25
Table 6: Taiwan hotels & motels industry volume forecast: number of establishments, 2020-25
Table 7: Marriott International Inc: key facts
Table 8: Marriott International Inc: Annual Financial Ratios
Table 9: Marriott International Inc: Key Employees
Table 10: Marriott International Inc: Key Employees Continued
Table 11: Marriott International Inc: Key Employees Continued
Table 12: Fullon Hotels & Resorts: key facts
Table 13: Hilton Worldwide Holdings Inc: key facts
Table 14: Hilton Worldwide Holdings Inc: Annual Financial Ratios
Table 15: Hilton Worldwide Holdings Inc: Annual Financial Ratios (Continued)
Table 16: Hilton Worldwide Holdings Inc: Key Employees
Table 17: Hilton Worldwide Holdings Inc: Key Employees Continued
Table 18: Hilton Worldwide Holdings Inc: Key Employees Continued
Table 19: CRG Holdings, LLC : key facts
Table 20: Taiwan size of population (million), 2016-20
Table 21: Taiwan gdp (constant 2005 prices, $ billion), 2016-20
Table 22: Taiwan gdp (current prices, $ billion), 2016-20
Table 23: Taiwan inflation, 2016-20
Table 24: Taiwan consumer price index (absolute), 2016-20
Table 25: Taiwan exchange rate, 2016-20

List of Figures

Figure 1: Taiwan hotels & motels industry value: $ million, 2016-20
Figure 2: Taiwan hotels & motels industry volume: number of establishments, 2016-20
Figure 3: Taiwan hotels & motels industry category segmentation: % share, by value, 2020
Figure 4: Taiwan hotels & motels industry geography segmentation: % share, by value, 2020
Figure 5: Taiwan hotels & motels industry value forecast: $ million, 2020-25
Figure 6: Taiwan hotels & motels industry volume forecast: number of establishments, 2020-25
Figure 7: Forces driving competition in the hotels & motels industry in Taiwan, 2020
Figure 8: Drivers of buyer power in the hotels & motels industry in Taiwan, 2020
Figure 9: Drivers of supplier power in the hotels & motels industry in Taiwan, 2020
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Taiwan, 2020
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Taiwan, 2020
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Taiwan, 2020