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Belgium: Hotels & Motels Industry Report

  • September 2017
  • 36 pages
  • ID: 177349
In this report:
The industry will register moderate growth, as demand is expected to improve due to receding security concerns which in part discouraged travel and tourism in the country.
The industry's volume is expected to rise to ##,##.## establishments by the end of 2021, representing a CAGR of ##.##% over 2016-2021.

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Hotels & Motels in Belgium

Brief

Hotels & Motels in Belgium industry profile offers broad overview information containing: market size (value and volume between 4 years (2012-2016), and outlook to 2021). The report also offers details of the top players, including main business metrics and analysis of the competitive environment within the market.

Abstract

Fundamental source for important data and analysis covering the Belgium hotels & motels industry. Contains industry size and segmentation information, textual and graphical study of business growth trends, dominant companies and macroeconomic data.

Key Findings

- The hotels & motels industry value consists of all room revenues generated by hotels, motels and other accommodation providers through the provision of accommodation. The value does not include non-room revenues, including casinos, shops and telecommunication services. The market is broken down 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 industry report have been counted using constant 2016 annual average exchange rates.

- The Belgian hotels & motels industry's global revenue valued $4.1bn in 2016, showing a CARC of -7.00 percent in the timespan 2012-2016.

- Industry consumption volumes dropped down with a CARC of -2.70 percent in the timespan 2012-2016, to attain a total of 1,586.0 establishments in 2016.

- The Austrian industry suffered due to considerable security concerns in the area, which led to a decline in demand. The lockdown imposed in Brussels after the terrorist attacks in late-2015 devastated the revenue of hotel operators that year. Furthermore, similar incidents in 2016 reduced the number of guests in the sector for a second consecutive year.

Overview

- Obtain entry-level research easily and quickly by finding key elements, such as size, growth, main segments and key actors in the hotels & motels industry in Belgium (BE)

- Porter's five forces analysis will help you define the competitive concentration and thus the appeal of the hotels & motels industry in Belgium (BE)

- Dominant company profiles show details of key hotels & motels market actors' overall activities and financial performance

- Improve your presentations and pitches by apprehending the growth projections of the Belgium hotels & motels segment with 5 years predictions by both value and volume

Purposes to acquire this study

- What was the size of the Belgium hotels & motels market worth in 2016?

- What will be the size of the Belgium hotels & motels industry in 2021?

- What factors are influencing the force of competition in the Belgium hotels & motels industry?

- How has the sector performed over the final five years?

- What are the top segments that make up Belgium's hotels & motels industry?

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Related Market Segments :

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ref:plp2017

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