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

October 2021 | 46 pages | ID: HD83B2EE9D41EN
MarketLine

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

SUMMARY

Hotels & Motels in Turkey 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 Turkish hotels and motels industry had total revenues of $3.3bn in 2020, representing a compound annual rate of change (CARC) of -16.8% between 2016 and 2020.
  • The number of establishments increased with a compound annual growth rate (CAGR) of 3.3% between 2016 and 2020, to reach a total of 3,092.0 in 2020.
  • Turkey has traditionally been a country that has drawn in a large number of tourists because of its rich historical background and cultural heritage. The number of foreign tourists in Turkey has almost doubled since 2016, as political stability has returned.
SCOPE
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Turkey
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Turkey
  • 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 Turkey hotels & motels market with five year forecasts
REASONS TO BUY
  • What was the size of the Turkey hotels & motels market by value in 2020?
  • What will be the size of the Turkey hotels & motels market in 2025?
  • What factors are affecting the strength of competition in the Turkey hotels & motels market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Turkey'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. How has the COVID-19 pandemic impacted leading players?
7.4. Are there any threats to the leading players?

8 COMPANY PROFILES

8.1. Wyndham Hotels and Resorts LLC
8.2. Hilton Worldwide Holdings Inc
8.3. Marriott International Inc

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: Turkey hotels & motels industry value: $ million, 2016-20
Table 2: Turkey hotels & motels industry volume: number of establishments, 2016-20
Table 3: Turkey hotels & motels industry category segmentation: $ million, 2020
Table 4: Turkey hotels & motels industry geography segmentation: $ million, 2020
Table 5: Turkey hotels & motels industry value forecast: $ million, 2020-25
Table 6: Turkey hotels & motels industry volume forecast: number of establishments, 2020-25
Table 7: Wyndham Hotels and Resorts LLC: key facts
Table 8: Wyndham Hotels and Resorts LLC: Key Employees
Table 9: Hilton Worldwide Holdings Inc: key facts
Table 10: Hilton Worldwide Holdings Inc: Annual Financial Ratios
Table 11: Hilton Worldwide Holdings Inc: Annual Financial Ratios (Continued)
Table 12: Hilton Worldwide Holdings Inc: Key Employees
Table 13: Hilton Worldwide Holdings Inc: Key Employees Continued
Table 14: Hilton Worldwide Holdings Inc: Key Employees Continued
Table 15: CRG Holdings, LLC : key facts
Table 16: Marriott International Inc: key facts
Table 17: Marriott International Inc: Annual Financial Ratios
Table 18: Marriott International Inc: Key Employees
Table 19: Marriott International Inc: Key Employees Continued
Table 20: Marriott International Inc: Key Employees Continued
Table 21: Turkey size of population (million), 2016-20
Table 22: Turkey gdp (constant 2005 prices, $ billion), 2016-20
Table 23: Turkey gdp (current prices, $ billion), 2016-20
Table 24: Turkey inflation, 2016-20
Table 25: Turkey consumer price index (absolute), 2016-20
Table 26: Turkey exchange rate, 2016-20

LIST OF FIGURES

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


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