Hotel And Other Travel Accommodation Global Market Briefing 2017

The hotel and other travel accommodation industry provides short-term accommodation, meals and other guest services for travelers and tourists. Establishments in this industry may include hotels, motels, resort hotels and others.

The largest geographic markets by consumption in the hotel and other travel accommodation sector are the Americas and Asia. The Americas was the largest region in the hotel and other travel accommodation market in 2016, accounting for nearly 43% market share. This was mainly due to rising business activities, and increase in consumer spending in the region. Asia and Europe were the second and third largest region accounting for 26% and 25% market share.

Hotels are using technologies that are transforming customer experiences. Some technologies are leading to great improvements and savings to the hotel and other travel accommodation market. The most significant trend in the accommodation industry is the use of near-field-communication (NFC) technology, infrared technologies, and robots. NFC gives users the ability to exchange data between devices, making mobile payments an instant, secure process. Infrared sensors are used in hotels to address customer complaints involving housekeeping interruptions. Hotels are also using robots to deliver amenities to guest rooms and for other functional purposes. Hotel operators are investing in systems and technologies that can automate processes, cut costs and personalize the experience for guests.

Hotel And Other Travel Accommodation Market Characteristics 4
Hotel And Other Travel Accommodation Market Historic Growth 6
Drivers Of The Market 7
Restraints On The Market 8
Hotel And Other Travel Accommodation Market Forecast Growth 9
Drivers Of The Market 10
Restraints On The Market 11
Hotel And Other Travel Accommodation Market Regional and Country Comparison 12
Global Hotel And Other Travel Accommodation Market, Split By Region, 2016, $ Billion 12
Global Hotel And Other Travel Accommodation Market, Historic And Forecast Growth Rate, By Region, 2012-2020 14
Global Hotel And Other Travel Accommodation Market, Split By Country, 2016, $ Billion 16
Global Hotel And Other Travel Accommodation Market, Historic And Forecast Growth Rate, By Country, 2012-2020 18
Hotel and Other Travel Accommodation Market Segmentation 20
Hotel and Other Travel Accommodation Market Size, Split By Segments, 2016, $ Billion 20
Hotel and Motel 21
Casino Hotels 21
All Other Traveler Accommodation 21
Hotel And Other Travel Accommodation Market Key Mergers and Acquisitions 22
Hotel And Other Travel Accommodation Competitive Landscape 23
Marriot International, Inc 24
Hilton Worldwide 25
AccorHotels 26
Wyndham Worldwide Corporation 27
Carlson Companies (Carlson Rezidor Hotel Group) 27
Hotel And Other Travel Accommodation Industry Trends And Strategies 29
Increasing M&A Activity 29
Personalization Of Services 29
Increased Automation In Hotels 29
Smart Room Keys 30
Rise In Hotel Analytics 30
Appendix 31
NAICS Definitions Of Industry Covered In This Report 31
Research Methodology 33
Abbreviations 34
Currencies 34
Research Inquiries 34
The Business Research Company 34