North America (NAFTA) Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027

North America (NAFTA) Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027
Summary

The NAFTA Hotels & Motels industry profile provides top-line qualitative and quantitative summary information including: industry size (value and volume 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.

Key Highlights
The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The hotels & motels industry within the NAFTA countries had a total market value of $253,029.0 million in 2022.The US was the fastest growing country, with a CAGR of -0.5% over the 2018-22 period.Within the hotels & motels industry, the US is the leading country among the NAFTA bloc, with market revenues of $211,638.0 million in 2022. This was followed by Canada and Mexico, with a value of $21,432.0 and $19,959.0 million, respectively.The US is expected to lead the hotels & motels industry in the NAFTA bloc, with a value of $285,165.0 million in 2027, followed by Canada and Mexico with expected values of $34,638.0 and $28,872.0 million, respectively.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA hotels & motels industryUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA hotels & motels industryLeading company profiles reveal details of key hotels & motels industry players’ NAFTA operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the NAFTA hotels & motels industry with five year forecasts by both value and volumeCompares data from the US, Canada and Mexico, alongside individual chapters on each countryReasons to BuyWhat was the size of the NAFTA hotels & motels industry by value in 2022?What will be the size of the NAFTA hotels & motels industry in 2027?What factors are affecting the strength of competition in the NAFTA hotels & motels industry?How has the industry performed over the last five years?What are the main segments that make up the NAFTA hotels & motels industry?