Summary

Hotels & Motels in North America

Summary

Hotels & Motels in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). 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 includes 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 North American hotels & motels industry recorded revenues of $339.3 billion in 2024, representing a compound annual growth rate (CAGR) of 5.4% between 2019 and 2024.
- The number of establishments in the industry increased with a CAGR of 0.9% between 2019 and 2024, reaching a total of 83,154.0 in 2024.
- In 2024, the revenue of the North American hotels & motels industry recorded an annual growth of 3.7%. The growth is attributed to the increase in both international and domestic visitors. According to the International Trade Administration (ITA), in 2024, the US attracted 72.4 million international visitors, a 9.1% increase from 2023.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in North America
- 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 North America hotels & motels market with five year forecasts

Reasons to Buy

- What was the size of the North America hotels & motels market by value in 2024?
- What will be the size of the North America hotels & motels market in 2029?
- What factors are affecting the strength of competition in the North America hotels & motels market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's hotels & motels market?

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Table of Contents

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List of Tables/Graphs

List of Tables
Table 1: North America hotels & motels industry value: $ million, 2019-24
Table 2: North America hotels & motels industry volume: number of establishments, 2019-24
Table 3: North America hotels & motels industry category segmentation: % share, by value, 2019-24
Table 4: North America hotels & motels industry category segmentation: $ million, 2019-24
Table 5: North America hotels & motels industry geography segmentation: $ million, 2024
Table 6: North America hotels & motels industry value forecast: $ million, 2024-29
Table 7: North America hotels & motels industry volume forecast: number of establishments, 2024-29
Table 8: Marriott International Inc: Key Facts
Table 9: Marriott International Inc: Annual Financial Ratios
Table 10: Marriott International Inc: Key Employees
Table 11: Marriott International Inc: Key Employees Continued
Table 12: Marriott International Inc: Key Employees Continued
Table 13: Hilton Worldwide Holdings Inc: Key Facts
Table 14: Hilton Worldwide Holdings Inc: Annual Financial Ratios
Table 15: Hilton Worldwide Holdings Inc: Key Employees
Table 16: Wyndham Hotels & Resorts Inc: Key Facts
Table 17: Wyndham Hotels & Resorts Inc: Annual Financial Ratios
Table 18: Wyndham Hotels & Resorts Inc: Key Employees
Table 19: Hyatt Hotels Corp: Key Facts
Table 20: Hyatt Hotels Corp: Annual Financial Ratios
Table 21: Hyatt Hotels Corp: Key Employees
Table 22: Hyatt Hotels Corp: Key Employees Continued
Table 23: North America Exchange Rate, 2019-24