Packaging

Hotels & Motels in South Africa

  • MAR2160422
  • 42 Pages
  • September 2017
  • Packaging
Hotels & Motels in South Africa

Summary

Hotels & Motels in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the South Africa hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The hotels & motels industry value consists of all room revenues generated by hotels, motels and other accommodation providers through the provision of accommodation. The value does not include non-room revenues, such as casinos, shops and telecommunication services.
- The South African hotels & motels industrys total revenue valued of $1.4bn in 2016, representing a compound annual rate of change (CARC) of -5.7% between 2012 and 2016.
- Industry consumption volume increased with a CAGR of 0.8% between 2012 and 2016, to reach a total of 1,301.0 establishments in 2016.
- The industry has been challenged by a decline in demand, while lower prices to increase occupancy rates have further minimized the revenues of hotel operators. Strict visa regulations for foreign travelers have largely contributed to the decline of foreign tourism demand, which, combined with reduced domestic demand amid the slow-down of the countrys economy over 2012-2016, has impacted the industry heavily. Furthermore, the growth of supply in the industry in contrast to the demand trend had an eroding rather than a stimulating impact on growth.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in South Africa
- 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 South Africa hotels & motels market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the South Africa hotels & motels market by value in 2016?
- What will be the size of the South Africa hotels & motels market in 2021?
- What factors are affecting the strength of competition in the South Africa hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up South Africa's hotels & motels market?
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