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Global Hotels & Resorts: Market Research Report

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

Global Hotels & Resorts Market Research Report | Dec 2013

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Hotels & Resorts global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies globally and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Hilton Worldwide Hilton Worldwide market share
Marriott International Marriott International market share
Industry Statistics & Forecast
Revenue
$593bn
Annual Growth 08-13
0.2%
Annual Growth 13-18
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Profit
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Employment ('000)
4,166
Businesses
645,000
Industry Analysis & Industry Trends

The industry experienced decreases in revenue over the past five years as both consumers and businesses became more concerned about their finances and cut back on luxuries, which included travel and stays at hotels and resorts. Travel spending is projected to increase over the next five years as the world economy continues to improve and tourist dollars continue bolstering revenue for global hotels and resorts... read more

Industry Key Buyers

IBISWorld estimates that in 2013, the industry's top four players will account for about 13.2% of the available market share, giving this industry a low level of concentration. Although industry concentration is low, it is increasing due to continuing hotel buyouts and mergers, and operators joining franchise and chain operators. Major companies in the hotel segment are increasingly seeking to operate on a global basis and have a presence in major regions and countries and in the major towns and cities in these areas. The merging of smaller operators with the major hotel companies on an international basis is expected to continue in the next five years... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Hotels & Resorts Industry?

Firms in this industry include hotel and resort accommodations, with private or shared facilities, and with or without meal services and restaurants attached. This includes both chain and franchised operators; however, it excludes all other forms of accommodation, such as motels; caravan parks and camping grounds; youth and backpacker hotels; and bed and breakfast establishments.

Industry Products
High-end hotel accommodationMedium-end hotel accommodationLow-end hotel accommodationResort accommodation
 
Industry Activities
Operating hotels with private facilitiesOperating holiday resorts


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