SEARCH   
MEMBER LOGIN    

Hotels & Motels in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hotels & Motels Market Research Report | NAICS 72111 | Jan 2015

Making room: Domestic and international travel will recover, bolstering demand for hotels and motels

IBISWorld’s Hotels & Motels market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$163bn
Annual Growth 10-15
4.2%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
1,582,727
Businesses
39,608
Industry Analysis & Industry Trends

The industry has experienced robust growth, due to increases in travel spending, corporate profit and consumer spending. As a result, the industry has grown over every year since 2010, as the economy improved and domestic and international travel rates increased. In the five years to 2020, the industry will continue to perform well, with particularly strong growth in the extended-stay hotels, boutique hotels, spa and health retreats and resorts segments. Additionally, operators are expected to expand abroad into emerging economies, leading to an increase in revenue... purchase to read more

Industry Report - Industry Key Buyers Chapter

In 2015, the four largest operators in the industry (Hilton Worldwide, Marriott International, InterContinental Hotels Group and Starwood Hotels and Resorts) account for an estimated 37.6% of industry revenue, providing this industry with a medium level of concentration. Although industry concentration is moderate, it is increasing, as hotel buyouts and mergers become more frequent, and operators join franchise and chain operators. The market share of the top four players has increased over the five-year period. Major companies in the hotel sector are also increasingly seeking to operate on a global scale. Operators with major international hotel companies are expected to continue to merge... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hotels & Motels Industry?

Operators in this industry provide short-term lodging in hotels, motor hotels, resort hotels and motels. Establishments may also offer food and beverage services, recreational services, conference room and convention services, laundry services, parking and other services. This industry excludes hotels that have casino facilities attached.

Industry Products
Guest room rentals from hotels with 25 or more roomsFood and alcohol sales from hotels with 25 or more roomsConference room rentals from hotels with 25 or more roomsOther revenue from hotels with 25 or more roomsMotelsHotels with fewer than 25 rooms and other accommodations
 
Industry Activities
Operating short-term hotelsOperating short-term motor hotelsOperating short-term resort hotelsOperating short-term motels


View Sample
Quote
Select Clients