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Vietnam Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 55 Pages
  • September 2023
  • Region: Vietnam
  • MarketLine
  • ID: 5786109
Description Jump to:
Hotels & Motels in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 & motels industry had total revenues of $12.1 billion in 2022, representing a compound annual growth rate (CAGR) of 1.6% between 2017 and 2022.
  • Industry consumption volumes declined with a CAGR of 4.9% between 2017 and 2022, to reach a total of 5,719.0 establishments in 2022.
  • The demand for hotels & motels in Vietnam is attributed to the growing travel & tourism industry, the growing population, rising consumer purchasing power and expenditure, medical tourism, and economic growth.

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 2022?
  • What will be the size of the Vietnam hotels & motels market in 2027?
  • 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?

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. What are the strengths of leading players?
7.4. What were the most recent market developments?
8 Company Profiles
8.1. Muong Thanh Hospitality Group
8.2. Saigontourist Transport Corp
8.3. Accor SA
8.4. Marriott International Inc
8.5. InterContinental Hotels Group Plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. About the Publisher
List of Tables
Table 1: Vietnam hotels & motels industry value: $ million, 2017-22
Table 2: Vietnam hotels & motels industry volume: Number of Establishments, 2017-22
Table 3: Vietnam hotels & motels industry category segmentation: % share, by value, 2017-2022
Table 4: Vietnam hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Vietnam hotels & motels industry geography segmentation: $ million, 2022
Table 6: Vietnam hotels & motels industry value forecast: $ million, 2022-27
Table 7: Vietnam hotels & motels industry volume forecast: Number of Establishments, 2022-27
Table 8: Muong Thanh Hospitality Group: key facts
Table 9: Muong Thanh Hospitality Group: Key Employees
Table 10: Saigontourist Transport Corp: key facts
Table 11: Saigontourist Transport Corp: Annual Financial Ratios
Table 12: Saigontourist Transport Corp: Key Employees
Table 13: Accor SA: key facts
Table 14: Accor SA: Annual Financial Ratios
Table 15: Accor SA: Key Employees
Table 16: Accor SA: Key Employees Continued
Table 17: Marriott International Inc: key facts
Table 18: Marriott International Inc: Annual Financial Ratios
Table 19: Marriott International Inc: Key Employees
Table 20: Marriott International Inc: Key Employees Continued
Table 21: Marriott International Inc: Key Employees Continued
Table 22: InterContinental Hotels Group Plc: key facts
Table 23: InterContinental Hotels Group Plc: Annual Financial Ratios
Table 24: InterContinental Hotels Group Plc: Key Employees
Table 25: InterContinental Hotels Group Plc: Key Employees Continued
Table 26: InterContinental Hotels Group Plc: Key Employees Continued
Table 27: Vietnam size of population (million), 2018-22
Table 28: Vietnam gdp (constant 2005 prices, $ billion), 2018-22
Table 29: Vietnam gdp (current prices, $ billion), 2018-22
Table 30: Vietnam inflation, 2018-22
Table 31: Vietnam consumer price index (absolute), 2018-22
Table 32: Vietnam exchange rate, 2018-22
List of Figures
Figure 1: Vietnam hotels & motels industry value: $ million, 2017-22
Figure 2: Vietnam hotels & motels industry volume: Number of Establishments, 2017-22
Figure 3: Vietnam hotels & motels industry category segmentation: $ million, 2017-2022
Figure 4: Vietnam hotels & motels industry geography segmentation: % share, by value, 2022
Figure 5: Vietnam hotels & motels industry value forecast: $ million, 2022-27
Figure 6: Vietnam hotels & motels industry volume forecast: Number of Establishments, 2022-27
Figure 7: Forces driving competition in the hotels & motels industry in Vietnam, 2022
Figure 8: Drivers of buyer power in the hotels & motels industry in Vietnam, 2022
Figure 9: Drivers of supplier power in the hotels & motels industry in Vietnam, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Vietnam, 2022
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Vietnam, 2022
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Vietnam, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Muong Thanh Hospitality Group
  • Saigontourist Transport Corp
  • Accor SA
  • Marriott International Inc
  • InterContinental Hotels Group Plc

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