Hotels & Motels in Asia-Pacific

Key Highlights

• The hotels & motels industry includes 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 Asia-Pacific hotels & motels industry recorded revenues of $458.7 billion in 2024, representing a compound annual growth rate (CAGR) of 6.4% between 2019 and 2024.
• The number of establishments in the industry increased with a CAGR of 5.1% between 2019 and 2024, reaching a total of 156,187.0 in 2024.
• The Asia-Pacific hotels & motels industry experienced an annual growth of 27.6% in 2024. The growth is driven by an increase in net disposable income per household. According to the National Bureau of Statistics of China, the gross disposable income per household in China reached 23,225.8 in 2024, up 0.9% in 2023.

Report Scope

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

Reasons to Buy

• What was the size of the Asia-Pacific hotels & motels market by value in 2024?
• What will be the size of the Asia-Pacific hotels & motels market in 2029?
• What factors are affecting the strength of competition in the Asia-Pacific hotels & motels market?
• How has the market performed over the last five years?
• Who are the top competitors in Asia-Pacific's hotels & motels market?