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

  • ID: 5516539
  • Report
  • October 2021
  • Region: Philippines
  • 43 Pages
  • MarketLine
1h Free Analyst Time
1h Free Analyst Time

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FEATURED COMPANIES

  • Hyatt Hotels Corp
1h Free Analyst Time

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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?

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

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

The growth rate of the Philippine Hotels and Motels Market is 42.0%, with an estimated value of $4.3 Billion by 2025.

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

The Philippine Hotels and Motels Market is estimated to be worth $4.3 Billion by 2025.

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

Key companies in the Philippine Hotels and Motels Market include Marriott International Inc and Hyatt Hotels Corp.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Hyatt Hotels Corp

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. Wyndham Hotels and Resorts LLC
8.3. Hyatt Hotels Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. About the Author
List of Tables
Table 1: Philippines hotels & motels industry value: $ million, 2016-20
Table 2: Philippines hotels & motels industry volume: number of establishments, 2016-20
Table 3: Philippines hotels & motels industry category segmentation: $ million, 2020
Table 4: Philippines hotels & motels industry geography segmentation: $ million, 2020
Table 5: Philippines hotels & motels industry value forecast: $ million, 2020-25
Table 6: Philippines 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: Wyndham Hotels and Resorts LLC: key facts
Table 13: Wyndham Hotels and Resorts LLC: Key Employees
Table 14: Hyatt Hotels Corp: key facts
Table 15: Hyatt Hotels Corp: Annual Financial Ratios
Table 16: Hyatt Hotels Corp: Key Employees
Table 17: Hyatt Hotels Corp: Key Employees Continued
Table 18: CRG Holdings, LLC : key facts
Table 19: Philippines size of population (million), 2016-20
Table 20: Philippines gdp (constant 2005 prices, $ billion), 2016-20
Table 21: Philippines gdp (current prices, $ billion), 2016-20
Table 22: Philippines inflation, 2016-20
Table 23: Philippines consumer price index (absolute), 2016-20
Table 24: Philippines exchange rate, 2016-20
List of Figures
Figure 1: Philippines hotels & motels industry value: $ million, 2016-20
Figure 2: Philippines hotels & motels industry volume: number of establishments, 2016-20
Figure 3: Philippines hotels & motels industry category segmentation: % share, by value, 2020
Figure 4: Philippines hotels & motels industry geography segmentation: % share, by value, 2020
Figure 5: Philippines hotels & motels industry value forecast: $ million, 2020-25
Figure 6: Philippines hotels & motels industry volume forecast: number of establishments, 2020-25
Figure 7: Forces driving competition in the hotels & motels industry in Philippines, 2020
Figure 8: Drivers of buyer power in the hotels & motels industry in Philippines, 2020
Figure 9: Drivers of supplier power in the hotels & motels industry in Philippines, 2020
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Philippines, 2020
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Philippines, 2020
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Philippines, 2020
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