Industry Analysis & Industry Trends
Hotel operators are poised for an uptick in room reservations as domestic and international travel rates grow. Over the next five years, the industry will expand, as firms invest in boutique hotels, spa resorts and overseas operations in emerging countries. In particular, the continued growth of specialty hotels and global operations will enable profit growth over the five years to 2018... purchase to read more
Industry Report - Industry Locations Chapter
The industry is generally spread according to share of population and economic activity, but also according to a city's, region's or state's share of domestic and international visitor travel as a business or pleasure and holiday destination.
The proportion of hotel and motel establishments in a particular state or region is also driven by the attractions it offers, particularly those of international significance, or with international recognition, such as the Grand Canyon, Disneyland, Las Vegas, New York and Hollywood. Some states like New York attract business visitors because they have major commercial centers or are major industrial, financial and commercial centers for business or conference and convention travelers... purchase to read more