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Hotels & Motels in South Africa
Summary
Hotels & Motels in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the South Africa hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
The hotels & motels industry value consists of all revenues generated by hotels, motels and other accommodation providers through the provision of accommodation and other services. The total value includes room revenue and non-room revenue, including casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region. Any currency conversions included within this report have been calculated using constant 2017 annual average exchange rates.
The South African hotels and motels industry is expected to reach a value of $1.8bn in 2018, representing a compound annual growth rate (CAGR) of 1.5% between 2014 and 2018.
The number of establishments is forecast to increase with a CAGR of 0.4% between 2014 and 2018, to reach a total of 1,315.0 in 2018.
Strict visa regulations for foreign travelers have largely contributed to the decline of foreign tourism demand, which, combined with reduced domestic demand amid the slow-down of the country's economy during 2015–2016, impacted the industry heavily.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in South Africa
- 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 South Africa hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the South Africa hotels & motels market by value in 2017?
- What will be the size of the South Africa hotels & motels market in 2022?
- What factors are affecting the strength of competition in the South Africa hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up South Africa's hotels & motels market?
Summary
Hotels & Motels in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the South Africa hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
The hotels & motels industry value consists of all revenues generated by hotels, motels and other accommodation providers through the provision of accommodation and other services. The total value includes room revenue and non-room revenue, including casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region. Any currency conversions included within this report have been calculated using constant 2017 annual average exchange rates.
The South African hotels and motels industry is expected to reach a value of $1.8bn in 2018, representing a compound annual growth rate (CAGR) of 1.5% between 2014 and 2018.
The number of establishments is forecast to increase with a CAGR of 0.4% between 2014 and 2018, to reach a total of 1,315.0 in 2018.
Strict visa regulations for foreign travelers have largely contributed to the decline of foreign tourism demand, which, combined with reduced domestic demand amid the slow-down of the country's economy during 2015–2016, impacted the industry heavily.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in South Africa
- 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 South Africa hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the South Africa hotels & motels market by value in 2017?
- What will be the size of the South Africa hotels & motels market in 2022?
- What factors are affecting the strength of competition in the South Africa hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up South Africa's hotels & motels market?
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
