Hong Kong Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2026
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Hong Kong Hotels and Motels Market @Summary, Competitive Analysis and Forecast to 2026
SUMMARY
Hotels & Motels in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Hotels & Motels in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). 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 Hong Kongese hotels & motels industry had total revenues of $714.0 million in 2021, representing a negative compound annual rate of change (CARC) of 33.6% between 2016 and 2021.
- Industry consumption volume increased with a compound annual growth rate (CAGR) of 3.9% between 2016 and 2021, to reach a total of 319 establishments in 2021.
- The government of the country established an agency “Culture, Sports & Tourism Bureau” on July 1, 2022, which creates the synergy between the three sectors to promote their long-term development.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Hong Kong
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Hong Kong
- 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 Hong Kong hotels & motels market with five year forecasts
- What was the size of the Hong Kong hotels & motels market by value in 2021?
- What will be the size of the Hong Kong hotels & motels market in 2026?
- What factors are affecting the strength of competition in the Hong Kong hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Hong Kong's hotels & motels market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. How has the COVID-19 pandemic impacted leading players?
7.5. What were the most recent market developments?
7.6. Are there any threats to the leading players?
8 COMPANY PROFILES
8.1. Marriott International Inc
8.2. InterContinental Hotels Group Plc
8.3. Accor SA
8.4. Dorsett Hospitality International Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. How has the COVID-19 pandemic impacted leading players?
7.5. What were the most recent market developments?
7.6. Are there any threats to the leading players?
8 COMPANY PROFILES
8.1. Marriott International Inc
8.2. InterContinental Hotels Group Plc
8.3. Accor SA
8.4. Dorsett Hospitality International Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
LIST OF TABLES
Table 1: Hong Kong hotels & motels industry value: $ million, 2017–21
Table 2: Hong Kong hotels & motels industry volume: Number of Establishments, 2017–21
Table 3: Hong Kong hotels & motels industry category segmentation: % share, by value, 2017–2021
Table 4: Hong Kong hotels & motels industry category segmentation: $ million, 2017-2021
Table 5: Hong Kong hotels & motels industry value forecast: $ million, 2021–26
Table 6: Hong Kong hotels & motels industry volume forecast: Number of Establishments, 2021–26
Table 7: Marriott International Inc: key facts
Table 8: Marriott International Inc: Annual Financial Ratios
Table 9: Marriott International Inc: Key Employees
Table 10: Marriott International Inc: Key Employees Continued
Table 11: Marriott International Inc: Key Employees Continued
Table 12: Marriott International Inc: Key Employees Continued
Table 13: InterContinental Hotels Group Plc: key facts
Table 14: InterContinental Hotels Group Plc: Annual Financial Ratios
Table 15: InterContinental Hotels Group Plc: Key Employees
Table 16: InterContinental Hotels Group Plc: Key Employees Continued
Table 17: InterContinental Hotels Group Plc: Key Employees Continued
Table 18: Accor SA: key facts
Table 19: Accor SA: Annual Financial Ratios
Table 20: Accor SA: Key Employees
Table 21: Accor SA: Key Employees Continued
Table 22: Dorsett Hospitality International Ltd: key facts
Table 23: Dorsett Hospitality International Ltd: Key Employees
Table 24: Hong Kong size of population (million), 2017–21
Table 25: Hong Kong gdp (constant 2005 prices, $ billion), 2017–21
Table 26: Hong Kong gdp (current prices, $ billion), 2017–21
Table 27: Hong Kong inflation, 2017–21
Table 28: Hong Kong consumer price index (absolute), 2017–21
Table 29: Hong Kong exchange rate, 2017–21
Table 1: Hong Kong hotels & motels industry value: $ million, 2017–21
Table 2: Hong Kong hotels & motels industry volume: Number of Establishments, 2017–21
Table 3: Hong Kong hotels & motels industry category segmentation: % share, by value, 2017–2021
Table 4: Hong Kong hotels & motels industry category segmentation: $ million, 2017-2021
Table 5: Hong Kong hotels & motels industry value forecast: $ million, 2021–26
Table 6: Hong Kong hotels & motels industry volume forecast: Number of Establishments, 2021–26
Table 7: Marriott International Inc: key facts
Table 8: Marriott International Inc: Annual Financial Ratios
Table 9: Marriott International Inc: Key Employees
Table 10: Marriott International Inc: Key Employees Continued
Table 11: Marriott International Inc: Key Employees Continued
Table 12: Marriott International Inc: Key Employees Continued
Table 13: InterContinental Hotels Group Plc: key facts
Table 14: InterContinental Hotels Group Plc: Annual Financial Ratios
Table 15: InterContinental Hotels Group Plc: Key Employees
Table 16: InterContinental Hotels Group Plc: Key Employees Continued
Table 17: InterContinental Hotels Group Plc: Key Employees Continued
Table 18: Accor SA: key facts
Table 19: Accor SA: Annual Financial Ratios
Table 20: Accor SA: Key Employees
Table 21: Accor SA: Key Employees Continued
Table 22: Dorsett Hospitality International Ltd: key facts
Table 23: Dorsett Hospitality International Ltd: Key Employees
Table 24: Hong Kong size of population (million), 2017–21
Table 25: Hong Kong gdp (constant 2005 prices, $ billion), 2017–21
Table 26: Hong Kong gdp (current prices, $ billion), 2017–21
Table 27: Hong Kong inflation, 2017–21
Table 28: Hong Kong consumer price index (absolute), 2017–21
Table 29: Hong Kong exchange rate, 2017–21
LIST OF FIGURES
Figure 1: Hong Kong hotels & motels industry value: $ million, 2017–21
Figure 2: Hong Kong hotels & motels industry volume: Number of Establishments, 2017–21
Figure 3: Hong Kong hotels & motels industry category segmentation: $ million, 2017-2021
Figure 4: Hong Kong hotels & motels industry value forecast: $ million, 2021–26
Figure 5: Hong Kong hotels & motels industry volume forecast: Number of Establishments, 2021–26
Figure 6: Forces driving competition in the hotels & motels industry in Hong Kong, 2021
Figure 7: Drivers of buyer power in the hotels & motels industry in Hong Kong, 2021
Figure 8: Drivers of supplier power in the hotels & motels industry in Hong Kong, 2021
Figure 9: Factors influencing the likelihood of new entrants in the hotels & motels industry in Hong Kong, 2021
Figure 10: Factors influencing the threat of substitutes in the hotels & motels industry in Hong Kong, 2021
Figure 11: Drivers of degree of rivalry in the hotels & motels industry in Hong Kong, 2021
Figure 1: Hong Kong hotels & motels industry value: $ million, 2017–21
Figure 2: Hong Kong hotels & motels industry volume: Number of Establishments, 2017–21
Figure 3: Hong Kong hotels & motels industry category segmentation: $ million, 2017-2021
Figure 4: Hong Kong hotels & motels industry value forecast: $ million, 2021–26
Figure 5: Hong Kong hotels & motels industry volume forecast: Number of Establishments, 2021–26
Figure 6: Forces driving competition in the hotels & motels industry in Hong Kong, 2021
Figure 7: Drivers of buyer power in the hotels & motels industry in Hong Kong, 2021
Figure 8: Drivers of supplier power in the hotels & motels industry in Hong Kong, 2021
Figure 9: Factors influencing the likelihood of new entrants in the hotels & motels industry in Hong Kong, 2021
Figure 10: Factors influencing the threat of substitutes in the hotels & motels industry in Hong Kong, 2021
Figure 11: Drivers of degree of rivalry in the hotels & motels industry in Hong Kong, 2021