Market Research Report
Hotels and Motels Global Group of Eight (G8) Industry Guide - Market Summary, Competitive Analysis and Forecast, 2016-2025
|Hotels and Motels Global Group of Eight (G8) Industry Guide - Market Summary, Competitive Analysis and Forecast, 2016-2025|
Published: December 29, 2021
Content info: 211 Pages
Delivery time: 1-2 business days
The G8 Hotels & Motels industry profile provides top-line qualitative and quantitative summary information including: industry size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
The G8 countries contributed $152,560.0 million in 2020 to the global hotels & motels industry, with a compound annual growth rate (CAGR) of -22.1% between 2016 and 2020. The G8 countries are expected to reach a value of $536,530.9 million in 2025, with a CAGR of 28.6% over the 2020-25 period.
Among the G8 nations, the US is the leading country in the hotels & motels industry, with market revenues of $83,579.8 million in 2020. This was followed by Italy and Japan, with a value of $17,348.6 and $14,981.5 million, respectively.
The US is expected to lead the hotels & motels industry in the G8 nations with a value of $255,094.9 million in 2016, followed by Italy and Japan with expected values of $62,342.7 and $58,563.2 million, respectively.