2007 Worldwide Hotels Motels Industry Report

Countries covered: Global


Hotel business profits are characterized of extreme inconsistency.

According to a report released by Barnes Reports and entitled “2007 Worldwide Hotels & Motels Industry Report”, certain large countries experienced slight slump in hotel business as yearly profit drop by about half percent.

However, in many large countries this sector is thriving.

Certain profitability drop in hotel business occurred in Brazil, France, Germany and Japan, though the latter two feature extremely big profits from this sector.

America remains the world’s leader in hotel business: profits in the sector steadily grow by 5% a year. Profit breakdown is as follows: $134.4bn in 2006, $141.1bn in 2007 (forecasted), $147.9bn in 2008 (forecasted).

Despite slight profitability decline in hotel business, Japan ranks second after the United States. Profit breakdown: $83.9bn in 2005, $83.7bn in 2006, $86.4bn in 2007 (forecasted) and $88bn in 2008 (forecasted).

Germany follows the suit. After profitability downturn in 2006, stabilization trend is palpable. Profit forecast: $40.6bn in 2007 (up 2.2% on 2006), $44.1bn in 2008 (up 1.2% on 2007).

This report analyses activities of all hotel/motel types, excluding those affiliated to casinos.

The annual report “2007 Worldwide Hotels & Motels Industry Report” analyses the state of the hotel market in 45 countries. This report also provides the most current and accurate information on sales, employment, number of establishments in the sector; it gives sector’s development forecasts and its 5-year trend analysis.

Contents

The Hotels & Motels Industry report features 2007 current and 2008 forecast estimates on the size of the industry (sales, establishments, employment) for the 47 largest world countries. The report also includes industry definition, 5-year historical trends on industry sales, establishments and employment and estimates on up to 10 sub-industries, including resorts, inns, lodges, camps, and bed and breakfast inns.

1-Argentina,

2-Australia,

3-Austria,

4-Belgium,

5-Brazil,

6-Canada,

7-Chile,

8-China,

9-Colombia,

10-Czech Rep,

11-Denmark,

12-Egypt,

13-Finland,

14-France,

15-Germany,

16-Greece,

17-Hungary,

18-India,

19-Indonesia,

20-Iran,

21-Ireland,

22-Israel,

23-Italy,

24-Japan,

25-Malaysia,

26-Mexico,

27-Netherlands,

28-New Zealand,

29-Norway,

30-Pakistan,

31-Phillipines,

32-Poland,

33-Portugal,

34-Russia,

35-Saudi Arabia,

36-Singapore,

37-South Africa,

38-South Korea,

39-Spain,

40-Sweden,

41-Switzerland,

42-Taiwan,

43-Thailand,

44-Turkey,

45-United Kingdom,

46-United States,

47-Venezuela,

48-Appendix: Definitions & Terms