Norway Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2026
Norway Hotels and Motels Market @Summary, Competitive Analysis and Forecast to 2026
SUMMARY
Hotels & Motels in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 Norwegian hotels & motels industry had total revenues of $2.3 billion in 2021, representing a negative compound annual rate of change (CARC) of 5.7% between 2016 and 2021.
- Industry consumption volumes declined with a negative CARC of 0.3% between 2016 and 2021, to reach a total of 1,096 establishments in 2021.
- Norway is one of the famous countries for its glittering fjords, northern lights, nature adventures, beaches, deep valleys and others, which attracts large number of visitors every year. Oslo, Troms?, Lofoten, Bergen and Trondheim, are some of the popular cities across Norway.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Norway
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Norway
- 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 Norway hotels & motels market with five year forecasts by both value and volume
- What was the size of the Norway hotels & motels market by value in 2021?
- What will be the size of the Norway hotels & motels market in 2026?
- What factors are affecting the strength of competition in the Norway hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Norway'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. Scandic Hotels Group AB
8.2. Nordic Choice Hotels
8.3. Thon Hotels
8.4. Radisson Hotel Group
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. 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. Scandic Hotels Group AB
8.2. Nordic Choice Hotels
8.3. Thon Hotels
8.4. Radisson Hotel Group
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Norway hotels & motels industry value: $ million, 2017–21
Table 2: Norway hotels & motels industry volume: Number of Establishments, 2017–21
Table 3: Norway hotels & motels industry category segmentation: % share, by value, 2017–2021
Table 4: Norway hotels & motels industry category segmentation: $ million, 2017-2021
Table 5: Norway hotels & motels industry value forecast: $ million, 2021–26
Table 6: Norway hotels & motels industry volume forecast: Number of Establishments, 2021–26
Table 7: Scandic Hotels Group AB: key facts
Table 8: Scandic Hotels Group AB: Annual Financial Ratios
Table 9: Scandic Hotels Group AB: Key Employees
Table 10: Nordic Choice Hotels: key facts
Table 11: Nordic Choice Hotels: Key Employees
Table 12: Thon Hotels: key facts
Table 13: Thon Hotels: Key Employees
Table 14: Radisson Hotel Group: key facts
Table 15: Radisson Hotel Group: Key Employees
Table 16: Radisson Hotel Group: Key Employees Continued
Table 17: Norway size of population (million), 2017–21
Table 18: Norway gdp (constant 2005 prices, $ billion), 2017–21
Table 19: Norway gdp (current prices, $ billion), 2017–21
Table 20: Norway inflation, 2017–21
Table 21: Norway consumer price index (absolute), 2017–21
Table 22: Norway exchange rate, 2017–21
Table 1: Norway hotels & motels industry value: $ million, 2017–21
Table 2: Norway hotels & motels industry volume: Number of Establishments, 2017–21
Table 3: Norway hotels & motels industry category segmentation: % share, by value, 2017–2021
Table 4: Norway hotels & motels industry category segmentation: $ million, 2017-2021
Table 5: Norway hotels & motels industry value forecast: $ million, 2021–26
Table 6: Norway hotels & motels industry volume forecast: Number of Establishments, 2021–26
Table 7: Scandic Hotels Group AB: key facts
Table 8: Scandic Hotels Group AB: Annual Financial Ratios
Table 9: Scandic Hotels Group AB: Key Employees
Table 10: Nordic Choice Hotels: key facts
Table 11: Nordic Choice Hotels: Key Employees
Table 12: Thon Hotels: key facts
Table 13: Thon Hotels: Key Employees
Table 14: Radisson Hotel Group: key facts
Table 15: Radisson Hotel Group: Key Employees
Table 16: Radisson Hotel Group: Key Employees Continued
Table 17: Norway size of population (million), 2017–21
Table 18: Norway gdp (constant 2005 prices, $ billion), 2017–21
Table 19: Norway gdp (current prices, $ billion), 2017–21
Table 20: Norway inflation, 2017–21
Table 21: Norway consumer price index (absolute), 2017–21
Table 22: Norway exchange rate, 2017–21
LIST OF FIGURES
Figure 1: Norway hotels & motels industry value: $ million, 2017–21
Figure 2: Norway hotels & motels industry volume: Number of Establishments, 2017–21
Figure 3: Norway hotels & motels industry category segmentation: $ million, 2017-2021
Figure 4: Norway hotels & motels industry value forecast: $ million, 2021–26
Figure 5: Norway hotels & motels industry volume forecast: Number of Establishments, 2021–26
Figure 6: Forces driving competition in the hotels & motels industry in Norway, 2021
Figure 7: Drivers of buyer power in the hotels & motels industry in Norway, 2021
Figure 8: Drivers of supplier power in the hotels & motels industry in Norway, 2021
Figure 9: Factors influencing the likelihood of new entrants in the hotels & motels industry in Norway, 2021
Figure 10: Factors influencing the threat of substitutes in the hotels & motels industry in Norway, 2021
Figure 11: Drivers of degree of rivalry in the hotels & motels industry in Norway, 2021
Figure 1: Norway hotels & motels industry value: $ million, 2017–21
Figure 2: Norway hotels & motels industry volume: Number of Establishments, 2017–21
Figure 3: Norway hotels & motels industry category segmentation: $ million, 2017-2021
Figure 4: Norway hotels & motels industry value forecast: $ million, 2021–26
Figure 5: Norway hotels & motels industry volume forecast: Number of Establishments, 2021–26
Figure 6: Forces driving competition in the hotels & motels industry in Norway, 2021
Figure 7: Drivers of buyer power in the hotels & motels industry in Norway, 2021
Figure 8: Drivers of supplier power in the hotels & motels industry in Norway, 2021
Figure 9: Factors influencing the likelihood of new entrants in the hotels & motels industry in Norway, 2021
Figure 10: Factors influencing the threat of substitutes in the hotels & motels industry in Norway, 2021
Figure 11: Drivers of degree of rivalry in the hotels & motels industry in Norway, 2021
