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Hotels & Motels in Norway 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. Speak directly to the analyst to clarify any post sales queries you may have.
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 Norwegian hotels and motels industry had total revenues of $1.7bn in 2020, representing a compound annual rate of change (CARC) of -13.4% between 2016 and 2020.
- The number of establishments declined with a CARC of -5.8% between 2016 and 2020, to reach a total of 877.0 in 2020.
- Growing tourism volumes in Norway have facilitated growth over the past decade. Overnight stays in 2019 increased for the sixth successive year, hitting a new record of 35.2 million guest nights.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Norway
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Norway
- 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 Norway hotels & motels market with five year forecasts
Reasons to Buy
- What was the size of the Norway hotels & motels market by value in 2020?
- What will be the size of the Norway hotels & motels market in 2025?
- What factors are affecting the strength of competition in the Norway hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Norway's hotels & motels market?
Frequently Asked Questions about the Norwegian Hotels and Motels Market
What is the estimated value of the Norwegian Hotels and Motels Market?
What is the growth rate of the Norwegian Hotels and Motels Market?
What is the forecasted size of the Norwegian Hotels and Motels Market?
Who are the key companies in the Norwegian Hotels and Motels Market?
Report Attribute | Details |
---|---|
No. of Pages | 41 |
Published | October 2021 |
Forecast Period | 2020 - 2025 |
Estimated Market Value ( USD
| USD 1.67 Billion |
Forecasted Market Value ( USD
| USD 3.5 Billion |
Compound Annual Growth Rate | 15.9% |
Regions Covered | Norway |
Table of Contents
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
Companies Mentioned
A selection of companies mentioned in this report includes:
- Scandic Hotels Group AB
- Nordic Choice Hotels AS
- Thon Hotels
- Radisson Hotel Group