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Hotels and Motels in Singapore - Market Summary, Competitive Analysis and Forecast to 2025

October 2021 | 39 pages | ID: HB8868D2F64DEN
MarketLine

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Hotels and Motels in Singapore - Market Summary, Competitive Analysis and Forecast to 2025

SUMMARY

Hotels & Motels in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 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 Singaporean hotels and motels industry had total revenues of $1.5bn in 2020, representing a compound annual rate of change (CARC) of -25.7% between 2016 and 2020.
  • The number of establishments increased with a compound annual growth rate (CAGR) of 1.7% between 2016 and 2020, to reach a total of 442.0 in 2020.
  • The hotels and motels industry has grown in response to increased tourism in Singapore. In 2019, Singapore saw growth in both visitor arrivals and tourism receipts for a fourth consecutive year, despite global headwinds.
SCOPE
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Singapore
  • 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 Singapore hotels & motels market with five year forecasts
REASONS TO BUY
  • What was the size of the Singapore hotels & motels market by value in 2020?
  • What will be the size of the Singapore hotels & motels market in 2025?
  • What factors are affecting the strength of competition in the Singapore hotels & motels market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore'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. Geography segmentation
1.7. Market rivalry
1.8. 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
4.2. Geography 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 strategies do the leading players follow? (continued)
7.4. How has the COVID-19 pandemic impacted leading players?

8 COMPANY PROFILES

8.1. Hotel 81 Management Pte Ltd.
8.2. Marriott International Inc
8.3. Global Premium Hotels Ltd

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: Singapore hotels & motels industry value: $ million, 2016-20
Table 2: Singapore hotels & motels industry volume: number of establishments, 2016-20
Table 3: Singapore hotels & motels industry category segmentation: $ million, 2020
Table 4: Singapore hotels & motels industry geography segmentation: $ million, 2020
Table 5: Singapore hotels & motels industry value forecast: $ million, 2020-25
Table 6: Singapore hotels & motels industry volume forecast: number of establishments, 2020-25
Table 7: CRG Holdings, LLC : key facts
Table 8: Hotel 81 Management Pte Ltd.: key facts
Table 9: Marriott International Inc: key facts
Table 10: Marriott International Inc: Annual Financial Ratios
Table 11: Marriott International Inc: Key Employees
Table 12: Marriott International Inc: Key Employees Continued
Table 13: Marriott International Inc: Key Employees Continued
Table 14: Global Premium Hotels Ltd: key facts
Table 15: Singapore size of population (million), 2016-20
Table 16: Singapore gdp (constant 2005 prices, $ billion), 2016-20
Table 17: Singapore gdp (current prices, $ billion), 2016-20
Table 18: Singapore inflation, 2016-20
Table 19: Singapore consumer price index (absolute), 2016-20
Table 20: Singapore exchange rate, 2016-20

LIST OF FIGURES

Figure 1: Singapore hotels & motels industry value: $ million, 2016-20
Figure 2: Singapore hotels & motels industry volume: number of establishments, 2016-20
Figure 3: Singapore hotels & motels industry category segmentation: % share, by value, 2020
Figure 4: Singapore hotels & motels industry geography segmentation: % share, by value, 2020
Figure 5: Singapore hotels & motels industry value forecast: $ million, 2020-25
Figure 6: Singapore hotels & motels industry volume forecast: number of establishments, 2020-25
Figure 7: Forces driving competition in the hotels & motels industry in Singapore, 2020
Figure 8: Drivers of buyer power in the hotels & motels industry in Singapore, 2020
Figure 9: Drivers of supplier power in the hotels & motels industry in Singapore, 2020
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Singapore, 2020
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Singapore, 2020
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Singapore, 2020


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