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

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    Report

  • 47 Pages
  • October 2021
  • Region: Mexico
  • MarketLine
  • ID: 5516563
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Hotels & Motels in Mexico 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 Mexican hotels and motels industry had total revenues of $8.0bn in 2020, representing a compound annual rate of change (CARC) of -21.3% between 2016 and 2020.
  • The number of establishments increased with a compound annual growth rate (CAGR) of 2.1% between 2016 and 2020, to reach a total of 13,237.0 in 2020.
  • As the number of new establishments being built has outpaced demand, hotel operators have been cutting prices in an attempt to improve occupancy rates.

Scope


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

Reasons to Buy


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

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

The Mexican Hotels and Motels Market was estimated to be valued at $8.03 Billion in 2020.

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

The growth rate of the Mexican Hotels and Motels Market is 24.4%, with an estimated value of $23.98 Billion by 2025.

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

The Mexican Hotels and Motels Market is estimated to be worth $23.98 Billion by 2025.

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

Key companies in the Mexican Hotels and Motels Market include Marriott International Inc, Grupo Posadas SAB de CV and Barcelo Hotels and Resorts.

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 Company Profiles
8.1. Marriott International Inc
8.2. Grupo Posadas SAB de CV
8.3. Choice Hotels International Inc
8.4. Barcelo Hotels and Resorts
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: Mexico hotels & motels industry value: $ million, 2016-20
Table 2: Mexico hotels & motels industry volume: number of establishments, 2016-20
Table 3: Mexico hotels & motels industry category segmentation: $ million, 2020
Table 4: Mexico hotels & motels industry geography segmentation: $ million, 2020
Table 5: Mexico hotels & motels industry value forecast: $ million, 2020-25
Table 6: Mexico 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: Grupo Posadas SAB de CV: key facts
Table 13: Grupo Posadas SAB de CV: Annual Financial Ratios
Table 14: Grupo Posadas SAB de CV: Key Employees
Table 15: Choice Hotels International Inc: key facts
Table 16: Choice Hotels International Inc: Annual Financial Ratios
Table 17: Choice Hotels International Inc: Key Employees
Table 18: Choice Hotels International Inc: Key Employees Continued
Table 19: Barcelo Hotels and Resorts: key facts
Table 20: Barcelo Hotels and Resorts: Key Employees
Table 21: CRG Holdings, LLC : key facts
Table 22: Mexico size of population (million), 2016-20
Table 23: Mexico gdp (constant 2005 prices, $ billion), 2016-20
Table 24: Mexico gdp (current prices, $ billion), 2016-20
Table 25: Mexico inflation, 2016-20
Table 26: Mexico consumer price index (absolute), 2016-20
Table 27: Mexico exchange rate, 2016-20
List of Figures
Figure 1: Mexico hotels & motels industry value: $ million, 2016-20
Figure 2: Mexico hotels & motels industry volume: number of establishments, 2016-20
Figure 3: Mexico hotels & motels industry category segmentation: % share, by value, 2020
Figure 4: Mexico hotels & motels industry geography segmentation: % share, by value, 2020
Figure 5: Mexico hotels & motels industry value forecast: $ million, 2020-25
Figure 6: Mexico hotels & motels industry volume forecast: number of establishments, 2020-25
Figure 7: Forces driving competition in the hotels & motels industry in Mexico, 2020
Figure 8: Drivers of buyer power in the hotels & motels industry in Mexico, 2020
Figure 9: Drivers of supplier power in the hotels & motels industry in Mexico, 2020
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Mexico, 2020
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Mexico, 2020
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Mexico, 2020

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Marriott International Inc
  • Grupo Posadas SAB de CV
  • Choice Hotels International Inc
  • Barcelo Hotels and Resorts