Summary
Hotels & Motels in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 Belgian hotels & motels industry had total revenues of $2.6 billion in 2022, representing a compound annual growth rate (CAGR) of 0.7% between 2017 and 2022.
- Industry consumption volumes declined with a CAGR of 0.2% between 2017 and 2022, to reach a total of 1,505 establishments in 2022.
- Belgium accounted for a small share of 0.9% of the European hotels & motels industry in 2022. The demand for hotels & motels in the country is attributed to the growing travel & tourism industry, the growing population, growing business travel, rising consumer purchasing power and expenditure, and economic 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 Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Belgium
- 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 Belgium hotels & motels market with five year forecasts
Reasons to Buy
- What was the size of the Belgium hotels & motels market by value in 2022?
- What will be the size of the Belgium hotels & motels market in 2027?
- What factors are affecting the strength of competition in the Belgium hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Belgium's hotels & motels market?
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Table of Contents
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 are the strengths of leading players?
7.4. What were the most recent market developments?
8 Company Profiles
8.1. Accor SA
8.2. Hotusa Hotels SA
8.3. Groupe Logis Hotels
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: Belgium hotels & motels industry value: $ million, 2017–22
Table 2: Belgium hotels & motels industry volume: Number of Establishments, 2017–22
Table 3: Belgium hotels & motels industry category segmentation: % share, by value, 2017–2022
Table 4: Belgium hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Belgium hotels & motels industry geography segmentation: $ million, 2022
Table 6: Belgium hotels & motels industry value forecast: $ million, 2022–27
Table 7: Belgium hotels & motels industry volume forecast: Number of Establishments, 2022–27
Table 8: Accor SA: key facts
Table 9: Accor SA: Annual Financial Ratios
Table 10: Accor SA: Key Employees
Table 11: Accor SA: Key Employees Continued
Table 12: Best Western Hotels & Resorts: key facts
Table 13: Best Western Hotels & Resorts: Key Employees
Table 14: Hotusa Hotels SA: key facts
Table 15: Hotusa Hotels SA: Key Employees
Table 16: Groupe Logis Hotels: key facts
Table 17: Groupe Logis Hotels: Key Employees
Table 18: Belgium size of population (million), 2018–22
Table 19: Belgium gdp (constant 2005 prices, $ billion), 2018–22
Table 20: Belgium gdp (current prices, $ billion), 2018–22
Table 21: Belgium inflation, 2018–22
Table 22: Belgium consumer price index (absolute), 2018–22
Table 23: Belgium exchange rate, 2018–22
List of Figures
Figure 1: Belgium hotels & motels industry value: $ million, 2017–22
Figure 2: Belgium hotels & motels industry volume: Number of Establishments, 2017–22
Figure 3: Belgium hotels & motels industry category segmentation: $ million, 2017-2022
Figure 4: Belgium hotels & motels industry geography segmentation: % share, by value, 2022
Figure 5: Belgium hotels & motels industry value forecast: $ million, 2022–27
Figure 6: Belgium hotels & motels industry volume forecast: Number of Establishments, 2022–27
Figure 7: Forces driving competition in the hotels & motels industry in Belgium, 2022
Figure 8: Drivers of buyer power in the hotels & motels industry in Belgium, 2022
Figure 9: Drivers of supplier power in the hotels & motels industry in Belgium, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Belgium, 2022
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Belgium, 2022
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Belgium, 2022
