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Hotels & Motels in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 Filipino hotels and motels industry had total revenues of $749.1m in 2020, representing a compound annual rate of change (CARC) of -27% between 2016 and 2020.
- The number of establishments increased with a compound annual growth rate (CAGR) of 8.2% between 2016 and 2020, to reach a total of 661.0 in 2020.
- The Philippines has a growing tourism sector which has facilitated growth in the hotels and motels industry. According to the Department of Tourism, tourism revenues reached a total of $9.31bn in 2019, up by 20.81% Y-o-Y.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the hotels & motels market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Philippines
- 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 Philippines hotels & motels market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Philippines hotels & motels market by value in 2020?
- What will be the size of the Philippines hotels & motels market in 2025?
- What factors are affecting the strength of competition in the Philippines hotels & motels market?
- How has the market performed over the last five years?
- How large is Philippines’s hotels & motels market in relation to its regional counterparts?
Frequently Asked Questions about the Philippine Hotels and Motels Market
What is the estimated value of the Philippine Hotels and Motels Market?
What is the growth rate of the Philippine Hotels and Motels Market?
What is the forecasted size of the Philippine Hotels and Motels Market?
Who are the key companies in the Philippine Hotels and Motels Market?
Note: Product cover images may vary from those shown
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Marriott International Inc
- Wyndham Hotels and Resorts LLC
- Hyatt Hotels Corp
Note: Product cover images may vary from those shown