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Hospitality Market Global Briefing 2017

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  • Details
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Details

The hospitality industry covers lodging and dining services. It comprise businesses that provide customers with lodging, prepared meals, snacks and beverages for immediate consumption. It includes both accommodation and food service establishments as the two activities are often combined at the same establishment.

Asia was the largest region in the hospitality market in 2016, accounting for 38% market share. This can be attributed to high demand for food and beverage services, hotel and motels in countries such as China, Japan and India. The Americas was the second largest region accounting for 37% market share. Europe was the third largest region accounting for 18% market share.

Major hotel brands are employing digital hotel room keys to increase guest convenience. Smart room access systems allow guests to unlock their doors by simply swiping their phones across a keyless pad on the door. Using a smart phone key eliminates problems in the event of key loss or demagnetization of the plastic key card. For example, Starwood Hotels and Resorts introduced a bluetooth-enabled room unlocking app that allows guests to access their hotel rooms through their smartphone.

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Table Of Content

Scope

Hospitality Market Characteristics 5

Hospitality Market Historic Growth 6

Drivers Of The Market 7

Restraints On The Market 7

Hospitality Market Forecast Growth 8

Drivers Of The Market 9

Restraints On The Market 9

Hospitality Market Comparison With Other Markets 11

Hospitality Market Historic and Forecast Growth Comparison With Other Markets 13

Hospitality Market Segmentation 15

Global Hospitality Market, Split By Segments, 2016, $ Billion 15

Food And Beverage Services 15

Non-Residential Accommodation 15

Global Hospitality Market, Historic and Forecast, Split By Segments, 2012-2020 16

Hospitality Market Geography Regional and Country Comparison 17

Global Hospitality Market, Split By Regions, 2016 17

Global Hospitality Market, Historic And Forecast Growth Rate, Split By Region, 2011-2019 19

Global Hospitality Market, Split By Country, 2016 21

Global Hospitality Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020 23

Hospitality Market Competitive Landscape 25

McDonald's 26

Compass Group PLC 27

Subway 28

Starbucks Corporation 28

Sodexo 29

Marriot International, Inc 29

Hospitality Market Key Mergers And Acquisitions 31

Hospitality Market Trends And Strategies 32

Innovative Hotel Designing 32

Increased Automation In Hotels 32

Smart Room Keys 32

Mobile Apps For Marketing 33

Adapting To Regional Preferences 33

Hospitality Appendix 34

NAICS Definitions Of Industry Covered In This Report 34

Research Methodology 36

Abbreviations 37

Currencies 37

Research Inquiries 37

The Business Research Company 37


List Of Figure

Figure 1: Global Hospitality Market, Historic Market Size, 2012-2016, $ Billion 6

Figure 2: Global Hospitality Market, Forecast Market Size, 2016-2020, $ Billion 8

Figure 3: Global Hospitality Market Value, Comparison With Other Markets, 2016, $ Billion 11

Figure 4: Global Hospitality Market, Historic and Forecast Growth Rate, Comparison With Other Industries, 2012-2020, Percentage (%) 13

Figure 5: Global Hospitality Market, Split By Segments, 2016, $ Billion 15

Figure 6: Global Hospitality Market, Historic and Forecast, Split By Segments, 2012-2020 16

Figure 7: Global Hospitality Market, Split By Regions, 2016, $ Billion 17

Figure 8: Global Hospitality Market, Historic And Forecast Growth Rate, Split By Region, 2011-2019 19

Figure 9: Global Hospitality Market, Split By Country, 2016, $ Billion 21

Figure 10: Global Hospitality Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020 23

Figure 11: Global Hospitality Market, Key Competitor Estimated Market Shares, 2016, Percentage(%) 25


List Of Table

Table 1: Global Hospitality Market, Historic Market Size, 2012-2016, $ Billion 6

Table 2: Global Hospitality Market Value, Comparison With Other Markets, 2016, $ Billion 11

Table 3: Global Hospitality Market Value, Comparison With Other Markets, 2016, $ Billion 13

Table 4: Global Hospitality Market, Split By Segments, 2016, $ Billion 15

Table 5: Global Hospitality Market, Historic and Forecast, Split By Segment, 2011-2019 16

Table 6: Global Hospitality Market, Split By Regions, 2016, $ Billion 18

Table 7: Global Hospitality Market, Historic And Forecast Growth Rate, Split By Region, 2011-2019 19

Table 8: Global Hospitality Market, Split By Country, 2016, $ Billion 21

Table 9: Global Hospitality Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020 23

Table 10: Global Hospitality Market, Key Competitor Estimated Market Shares, 2016, Percentage(%) 26

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Products and Companies


Companies

Compass Group plc, Sodexo, Aramark Corporation, Elior Group, Delaware North, Thompson Hospitality, Ovations Food Services