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New Study Hotels Market growth factors and details for business 2020



Hotels Market: Overview

The study includes market players’ analysis and their segmental revenue growth analysis to estimate the global market value. The report majorly focuses on ongoing market trends and government regulations, it also provides detailed analysis of market dynamics including drivers, opportunities and challenges and their impact on the market. The research study based on Hotels market includes the latest market trends, developments, and key players' strategies. This report is designed and developed in such a way that it will help users to get complete information about the market.

Hotels Market Overview

The development of the travel and tourism industry and hospitality industry has resulted in a rising number of restaurants and hotels. People travel from one destination to other for various reasons like personal visits, business meetings, pilgrimages, educational tours, leisure, and recreational trips, and for availing healthcare facilities. Food and accommodation facilities are taken care of by the hospitality industry. Both industries, travel and tourism, and the hospitality industry depend upon each other, in turn, is expected to influence the global market for the hotel industry. As travelers prefer a hotel with a comfortable stay like in a home, the asset owners are introducing home-like stay facilities to the travelers, which is gaining popularity. The rise in disposable income, increase in purchasing power, inclination towards travel on vacation, and different offers available on the online bookings are the factors influencing the global hotels market.

Research Methodology

The primary research study included extensive interviews with opinion leaders, senior executives, directors, and CEOs. Moreover, the research report focused on secondary sources such as Bloomberg, Factiva, Businessweek, company websites, and press releases to finalize the leading plyers their revenues and strategies in the market. Bottom-up and top-down are two major approaches are used in the report to estimate the global numbers. The market breakdowns, market share, and percentage splits of the market segments were finalized by applying primary and secondary sources. All types of parameters that affect the Hotels market covered in this research study, and these factors have been viewed in extensive detail, verified through primary research, and analyzed them to get the final qualitative and qualitative data. The above information has been consolidated and included in the report to provide inputs and analysis of the market.

Major Objectives of the Report

  • To monitor key players strategic alliances, collaboration plans, merger & acquisition strategies, product innovation strategies, research & developments programs in the market
  • To identify the niche market segments in the Hotels market
  • To strategically analyze the core competencies of the leading players in the Hotels market
  • To offer historical and forecasted revenue information North America, Europe, Asia Pacific, Latin America, and MEA
  • To offer an in-depth analysis of market factors including micro & macro-economic factors, market trends, and market dynamics
  • To strategically analyze key players’ performance in the market
  • To present the Hotels market ecosystem and structure

Influencing Factors on Market Growth

The extensive analysis of the market includes various factors, including PESTEL analysis, SWOT analysis, value chain analysis, segmental revenue analysis, competitive landscape, and present and future trend analysis. The study assesses the performance of the key players in the market.

Major Stakeholders

Raw Material Suppliers, Retailers, Wholesalers, Product Manufacturers, Traders, Distributors, Trading Partners, Transport and Logistics Service Providers

Segmentation Overview

Hotels Segments

The in-depth analysis of the market analyzed based on below segmentation.

Global Hotels Market



Compettive landscape focuses on competitors 

Market players are analyzed and listed in the competitive landscape section of the Hotels market report. It analyses the market share, geographical presence, customer base, revenue size of the leading players in the market. In addition to this, it focuses on strategic initiatives such as collaborations and partnerships.

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Key Players in the Market

  • AccorHotels
  • Best Western International Inc.
  • China Lodging Group
  • Limited
  • Choice Hotels International Inc.
  • citizenM
  • Hilton
  • Hyatt Corporation
  • InterContinental Hotels Group
  • ITC Hotels
  • Jumeirah International LLC
  • Magnuson Hotels
  • Marriott International Inc.
  • NH Hotel Group Santa Engracia
  • Radisson Hotel Group
  • Shanghai Jin Jiang International Hotels (Group) Company Limited
  • The Indian Hotels Company Limited
  • Westmont Hospitality Group
  • Wyndham Hotels & Resorts Inc

Key players analyzed in the company profile section of the report. The company profile section includes some of the key players' strategic initiatives, company overview, regional presence, SWOT analysis, portfolio analysis, and customer base.

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