Hotels & Motels in Turkey
- Pages: 61
- Published: February 2020
- Report Code: OHMF9169
Hotels & Motels in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– The hotels & motels industry consists of 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 Turkish hotels & motels industry had total revenues of $4.4bn in 2018, representing a compound annual rate of change (CARC) of -15.5% between 2014 and 2018.
– The number of establishments increased with a CAGR of 4.9% between 2014 and 2018, to reach a total of 2,918.0 in 2018.
– Within the accommodation category, Turkey registered growth in terms of the number of room nights available, but a decline in terms of total revenue. This was due to international hotel chains expanding their portfolios despite occupancy rates being down in anticipation of a recovery.
Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Turkey
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Turkey
– 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 Turkey hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Turkey hotels & motels market by value in 2018?
- What will be the size of the Turkey hotels & motels market in 2023?
- What factors are affecting the strength of competition in the Turkey hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey's hotels & motels market?
Companies mentioned
Wyndham Hotels and Resorts LLC
Hilton Worldwide Holdings Inc
AccorHotels
InterContinental Hotels Group Plc
Table of Contents
List of Tables
List of Figures
Pricing
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