Summary
Hotels & Motels in Philippines industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Filipino hotels & motels industry had total revenues of $3.2 billion in 2022, representing a compound annual growth rate (CAGR) of 1.7% between 2017 and 2022.
- Industry consumption volume increased with a CAGR of 5.2% between 2017 and 2022, to reach a total of 683 establishments in 2022.
- Philippines accounted for a small share of 1.7% in the Asia-Pacific 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, and leading players in the hotels & motels market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Philippines
- 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 Philippines hotels & motels market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Philippines hotels & motels market by value in 2022?
- What will be the size of the Philippines hotels & motels market in 2027?
- What factors are affecting the strength of competition in the Philippines hotels & motels market?
- How has the market performed over the last five years?
- Who are the top competitors in Philippines'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. Wyndham Hotels & Resorts Inc
8.2. Accor SA
8.3. Marriott International Inc
8.4. Hyatt Hotels Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. About MarketLine
List of Tables
Table 1: Philippines hotels & motels industry value: $ million, 2017–22
Table 2: Philippines hotels & motels industry volume: Number of Establishments, 2017–22
Table 3: Philippines hotels & motels industry category segmentation: % share, by value, 2017–2022
Table 4: Philippines hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Philippines hotels & motels industry geography segmentation: $ million, 2022
Table 6: Philippines hotels & motels industry value forecast: $ million, 2022–27
Table 7: Philippines hotels & motels industry volume forecast: Number of Establishments, 2022–27
Table 8: Wyndham Hotels & Resorts Inc: key facts
Table 9: Wyndham Hotels & Resorts Inc: Annual Financial Ratios
Table 10: Wyndham Hotels & Resorts Inc: Key Employees
Table 11: Accor SA: key facts
Table 12: Accor SA: Annual Financial Ratios
Table 13: Accor SA: Key Employees
Table 14: Accor SA: Key Employees Continued
Table 15: Marriott International Inc: key facts
Table 16: Marriott International Inc: Annual Financial Ratios
Table 17: Marriott International Inc: Key Employees
Table 18: Marriott International Inc: Key Employees Continued
Table 19: Marriott International Inc: Key Employees Continued
Table 20: Hyatt Hotels Corp: key facts
Table 21: Hyatt Hotels Corp: Annual Financial Ratios
Table 22: Hyatt Hotels Corp: Key Employees
Table 23: Hyatt Hotels Corp: Key Employees Continued
Table 24: Philippines size of population (million), 2018–22
Table 25: Philippines gdp (constant 2005 prices, $ billion), 2018–22
Table 26: Philippines gdp (current prices, $ billion), 2018–22
Table 27: Philippines inflation, 2018–22
Table 28: Philippines consumer price index (absolute), 2018–22
Table 29: Philippines exchange rate, 2018–22
List of Figures
Figure 1: Philippines hotels & motels industry value: $ million, 2017–22
Figure 2: Philippines hotels & motels industry volume: Number of Establishments, 2017–22
Figure 3: Philippines hotels & motels industry category segmentation: $ million, 2017-2022
Figure 4: Philippines hotels & motels industry geography segmentation: % share, by value, 2022
Figure 5: Philippines hotels & motels industry value forecast: $ million, 2022–27
Figure 6: Philippines hotels & motels industry volume forecast: Number of Establishments, 2022–27
Figure 7: Forces driving competition in the hotels & motels industry in Philippines, 2022
Figure 8: Drivers of buyer power in the hotels & motels industry in Philippines, 2022
Figure 9: Drivers of supplier power in the hotels & motels industry in Philippines, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Philippines, 2022
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Philippines, 2022
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Philippines, 2022
