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Report

Belgium Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2026

Industry Report I 2023-03-08 I 43 Pages I MarketLine

Belgium Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2026

Summary

Hotels & Motels in Belgium 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 Belgian hotels & motels industry had total revenues of $1.4 billion in 2021, representing a negative compound annual rate of change (CARC) of 9.6% between 2016 and 2021.
- Industry consumption volumes declined with a negative CARC of 0.4% between 2016 and 2021, to reach a total of 1,490 establishments in 2021.
- Belgium is one of the smallest countries in Europe but is home to various tourists' attractions such as museums, cobblestone streets, tree-lined canals, rolling farm hills, rivers, cliffs, medieval castles, modern architecture, and others.

Scope

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

Reasons to Buy

- What was the size of the Belgium hotels & motels market by value in 2021?
- What will be the size of the Belgium hotels & motels market in 2026?
- What factors are affecting the strength of competition in the Belgium hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Belgium's hotels & motels market?

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. Accor SA
8.2. Best Western International Inc
8.3. Hotusa Hotels SA
8.4. Groupe Logis Hotels
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: Belgium hotels & motels industry value: $ million, 2017-21
Table 2: Belgium hotels & motels industry volume: Number of Establishments, 2017-21
Table 3: Belgium hotels & motels industry category segmentation: % share, by value, 2017-2021
Table 4: Belgium hotels & motels industry category segmentation: $ million, 2017-2021
Table 5: Belgium hotels & motels industry value forecast: $ million, 2021-26
Table 6: Belgium hotels & motels industry volume forecast: Number of Establishments, 2021-26
Table 7: Accor SA: key facts
Table 8: Accor SA: Annual Financial Ratios
Table 9: Accor SA: Key Employees
Table 10: Accor SA: Key Employees Continued
Table 11: Best Western International Inc: key facts
Table 12: Best Western International Inc: Key Employees
Table 13: Hotusa Hotels SA: key facts
Table 14: Hotusa Hotels SA: Key Employees
Table 15: Groupe Logis Hotels: key facts
Table 16: Groupe Logis Hotels: Key Employees
Table 17: Belgium size of population (million), 2017-21
Table 18: Belgium gdp (constant 2005 prices, $ billion), 2017-21
Table 19: Belgium gdp (current prices, $ billion), 2017-21
Table 20: Belgium inflation, 2017-21
Table 21: Belgium consumer price index (absolute), 2017-21
Table 22: Belgium exchange rate, 2017-21

List of Figures
Figure 1: Belgium hotels & motels industry value: $ million, 2017-21
Figure 2: Belgium hotels & motels industry volume: Number of Establishments, 2017-21
Figure 3: Belgium hotels & motels industry category segmentation: $ million, 2017-2021
Figure 4: Belgium hotels & motels industry value forecast: $ million, 2021-26
Figure 5: Belgium hotels & motels industry volume forecast: Number of Establishments, 2021-26
Figure 6: Forces driving competition in the hotels & motels industry in Belgium, 2021
Figure 7: Drivers of buyer power in the hotels & motels industry in Belgium, 2021
Figure 8: Drivers of supplier power in the hotels & motels industry in Belgium, 2021
Figure 9: Factors influencing the likelihood of new entrants in the hotels & motels industry in Belgium, 2021
Figure 10: Factors influencing the threat of substitutes in the hotels & motels industry in Belgium, 2021
Figure 11: Drivers of degree of rivalry in the hotels & motels industry in Belgium, 2021

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