Summary
Hotels & Motels in Finland 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 Finnish hotels & motels industry had total revenues of $1.1 billion in 2022, representing a negative compound annual growth rate (CAGR) of 9.9% between 2017 and 2022.
- Industry consumption volumes declined with a CAGR of 0.2% between 2017 and 2022, to reach a total of 616 establishments in 2022.
- Finland accounted for a small share of 0.4% 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, 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 Finland
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Finland
- 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 Finland hotels & motels market with five year forecasts
Reasons to Buy
- What was the size of the Finland hotels & motels market by value in 2022?
- What will be the size of the Finland hotels & motels market in 2027?
- What factors are affecting the strength of competition in the Finland hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Finland'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?
7.5. Are there any threats to the leading players?
8 Company Profiles
8.1. Scandic Hotels Group AB
8.2. Sokos Hotels
8.3. Lapland Hotels Oy
8.4. Kamp Group Ltd
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: Finland hotels & motels industry value: $ million, 2017–22
Table 2: Finland hotels & motels industry volume: Number of Establishments, 2017–22
Table 3: Finland hotels & motels industry category segmentation: % share, by value, 2017–2022
Table 4: Finland hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Finland hotels & motels industry geography segmentation: $ million, 2022
Table 6: Finland hotels & motels industry value forecast: $ million, 2022–27
Table 7: Finland hotels & motels industry volume forecast: Number of Establishments, 2022–27
Table 8: Scandic Hotels Group AB: key facts
Table 9: Scandic Hotels Group AB: Annual Financial Ratios
Table 10: Scandic Hotels Group AB: Key Employees
Table 11: Sokos Hotels: key facts
Table 12: Sokos Hotels: Key Employees
Table 13: Lapland Hotels Oy: key facts
Table 14: Lapland Hotels Oy: Key Employees
Table 15: Lapland Hotels Oy: Key Employees Continued
Table 16: Kamp Group Ltd : key facts
Table 17: Kamp Group Ltd : Key Employees
Table 18: Finland size of population (million), 2018–22
Table 19: Finland gdp (constant 2005 prices, $ billion), 2018–22
Table 20: Finland gdp (current prices, $ billion), 2018–22
Table 21: Finland inflation, 2018–22
Table 22: Finland consumer price index (absolute), 2018–22
Table 23: Finland exchange rate, 2018–22
List of Figures
Figure 1: Finland hotels & motels industry value: $ million, 2017–22
Figure 2: Finland hotels & motels industry volume: Number of Establishments, 2017–22
Figure 3: Finland hotels & motels industry category segmentation: $ million, 2017-2022
Figure 4: Finland hotels & motels industry geography segmentation: % share, by value, 2022
Figure 5: Finland hotels & motels industry value forecast: $ million, 2022–27
Figure 6: Finland hotels & motels industry volume forecast: Number of Establishments, 2022–27
Figure 7: Forces driving competition in the hotels & motels industry in Finland, 2022
Figure 8: Drivers of buyer power in the hotels & motels industry in Finland, 2022
Figure 9: Drivers of supplier power in the hotels & motels industry in Finland, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Finland, 2022
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Finland, 2022
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Finland, 2022
