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

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    Report

  • 30 Pages
  • October 2021
  • Region: Vietnam
  • MarketLine
  • ID: 5516510
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Hotels & Motels in Vietnam 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 Vietnamese hotels and motels industry had total revenues of $3.6bn in 2020, representing a compound annual rate of change (CARC) of -15.6% between 2016 and 2020.
  • The number of establishments increased with a compound annual growth rate (CAGR) of 4.9% between 2016 and 2020, to reach a total of 8,234.0 in 2020.
  • Growth in the hotels and motels industry has been stimulated by the rapid increase in tourism experienced by Vietnam in recent years. In 2019, the number of international tourists in Vietnam grew by 16.2% Y-o-Y.

Scope


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

Reasons to Buy


  • What was the size of the Vietnam hotels & motels market by value in 2020?
  • What will be the size of the Vietnam hotels & motels market in 2025?
  • What factors are affecting the strength of competition in the Vietnam hotels & motels market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Vietnam's hotels & motels market?
Frequently Asked Questions about the Vietnamese Hotels and Motels Market

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

The Vietnamese Hotels and Motels Market was estimated to be valued at $3.61 Billion in 2020.

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

The growth rate of the Vietnamese Hotels and Motels Market is 21.6%, with an estimated value of $9.61 Billion by 2025.

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

The Vietnamese Hotels and Motels Market is estimated to be worth $9.61 Billion by 2025.

Table of Contents

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