Summary
Hotels & Motels in Colombia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). 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 Colombian hotels & motels industry had total revenues of $2.5 billion in 2021, representing a negative compound annual rate of change (CARC) of 6% between 2016 and 2021.
- Industry consumption volume increased with a compound annual growth rate (CAGR) of 5.4% between 2016 and 2021, to reach a total of 11,138 establishments in 2021.
- Colombia is one of the popular tourist destinations in South America owing to its stunning landscapes, Afro-diasporic culture and beautiful beaches. The US, Mexico, Peru and Argentina are some of the key inbound tourism markets for Colombia.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Colombia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Colombia
- 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 Colombia hotels & motels market with five year forecasts
Reasons to Buy
- What was the size of the Colombia hotels & motels market by value in 2021?
- What will be the size of the Colombia hotels & motels market in 2026?
- What factors are affecting the strength of competition in the Colombia hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Colombia'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. Market rivalry
1.7. 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
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. How has the COVID-19 pandemic impacted leading players?
7.5. What were the most recent market developments?
7.6. Are there any threats to the leading players?
8 Company Profiles
8.1. Hoteles Estelar S.A.
8.2. Decameron All Inclusive Hotels & Resorts
8.3. Marriott International Inc
8.4. Hilton Worldwide Holdings Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: Colombia hotels & motels industry value: $ million, 2017–21
Table 2: Colombia hotels & motels industry volume: Number of Establishments, 2017–21
Table 3: Colombia hotels & motels industry category segmentation: % share, by value, 2017–2021
Table 4: Colombia hotels & motels industry category segmentation: $ million, 2017-2021
Table 5: Colombia hotels & motels industry value forecast: $ million, 2021–26
Table 6: Colombia hotels & motels industry volume forecast: Number of Establishments, 2021–26
Table 7: Hoteles Estelar S.A.: key facts
Table 8: Hoteles Estelar S.A.: Key Employees
Table 9: Decameron All Inclusive Hotels & Resorts: key facts
Table 10: Decameron All Inclusive Hotels & Resorts: Key Employees
Table 11: Marriott International Inc: key facts
Table 12: Marriott International Inc: Annual Financial Ratios
Table 13: Marriott International Inc: Key Employees
Table 14: Marriott International Inc: Key Employees Continued
Table 15: Marriott International Inc: Key Employees Continued
Table 16: Marriott International Inc: Key Employees Continued
Table 17: Hilton Worldwide Holdings Inc: key facts
Table 18: Hilton Worldwide Holdings Inc: Annual Financial Ratios
Table 19: Hilton Worldwide Holdings Inc: Key Employees
Table 20: Hilton Worldwide Holdings Inc: Key Employees Continued
Table 21: Hilton Worldwide Holdings Inc: Key Employees Continued
Table 22: Colombia size of population (million), 2017–21
Table 23: Colombia gdp (constant 2005 prices, $ billion), 2017–21
Table 24: Colombia gdp (current prices, $ billion), 2017–21
Table 25: Colombia inflation, 2017–21
Table 26: Colombia consumer price index (absolute), 2017–21
Table 27: Colombia exchange rate, 2017–21
List of Figures
Figure 1: Colombia hotels & motels industry value: $ million, 2017–21
Figure 2: Colombia hotels & motels industry volume: Number of Establishments, 2017–21
Figure 3: Colombia hotels & motels industry category segmentation: $ million, 2017-2021
Figure 4: Colombia hotels & motels industry value forecast: $ million, 2021–26
Figure 5: Colombia hotels & motels industry volume forecast: Number of Establishments, 2021–26
Figure 6: Forces driving competition in the hotels & motels industry in Colombia, 2021
Figure 7: Drivers of buyer power in the hotels & motels industry in Colombia, 2021
Figure 8: Drivers of supplier power in the hotels & motels industry in Colombia, 2021
Figure 9: Factors influencing the likelihood of new entrants in the hotels & motels industry in Colombia, 2021
Figure 10: Factors influencing the threat of substitutes in the hotels & motels industry in Colombia, 2021
Figure 11: Drivers of degree of rivalry in the hotels & motels industry in Colombia, 2021