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Mexico Travel Accommodation Market By Type (Hotels, Hostels, Resorts, Vacation Rentals, Others), By Application (Leisure, Professional, Others), By Price Point (Economy, Mid-Range, Luxury), By Mode of Booking (Online Travel Agency, Direct Booking, Others): Opportunity Analysis and Industry Forecast, 2022-2031
Market Report I 2023-07-01 I 72 Pages I Allied Market Research
The Mexico Travel Accommodation Market is witnessing substantial expansion and offers various avenues for business growth, despite encountering certain obstacles. The industry's progress is fueled by a multitude of factors and trends, and effectively addressing the challenges is key to maximizing the available opportunities. Mexico's travel accommodation market is experiencing a strong surge primarily due to factors such as a rising influx of tourists, enhanced infrastructure, and government initiatives to boost tourism. The country's diverse landscapes, cultural richness, and affordable pricing act as magnets, attracting a significant number of both international and domestic travelers, thereby increasing the demand for accommodation options. A noteworthy trend within the industry is proliferation of online booking platforms and mobile applications, which provide travelers with convenient and easily accessible means to discover and secure accommodations. Technology's growing influence and the digital transformation of the travel sector have significantly influenced how individuals search for and reserve accommodations in Mexico. A significant obstacle is competition from unregistered or informal accommodation providers, leading to potential issues with quality control and safety. Despite these challenges, the Mexico Travel Accommodation Market presents substantial business prospects. There is a growing demand for luxury and boutique accommodations, particularly in popular tourist destinations.
The Mexico Travel Accommodation market is segmented into type, application, price point, mode of booking and region. The type segment comprises hotel, hostel, resort, vacation rental, and others. The applications covered in the study include leisure, professional, and others. On the basis of price point, the market is categorized into economy, mid-range, and luxury. Depending on mode of booking, it is segregated into online travel agency, hotel website, and others.
The major players in the travel accommodation industry that have been analyzed in this report include Airbnb, Expedia, Barcelo Hotel Group, La Quinta Mexico, City Express Hotels, hotelesTIPS, Grupo Posadas, Homeaway, Best Western Hotels, Motel 6 Mexico
Key Benefits For Stakeholders
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-Assess and rank the top factors that are expected to affect the growth of Mexico travel accommodation market.
-Top Player positioning provides a clear understanding of the present position of market players.
-Detailed analysis of the Mexico travel accommodation market segmentation assists to determine the prevailing market opportunities.
-Identify key investment pockets for various offerings in the market.
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- Brands Share Analysis
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Key Market Segments
By Type
- Hotels
- Hostels
- Resorts
- Vacation Rentals
- Others
By Application
- Leisure
- Professional
- Others
By Price Point
- Economy
- Mid-Range
- Luxury
By Mode of Booking
- Online Travel Agency
- Direct Booking
- Others
- Key Market Players
- Airbnb
- Expedia
- Barcelo Hotel Group
- La Quinta Mexico
- City Express Hotels
- hotelesTIPS
- Grupo Posadas
- Homeaway
- Best Western Hotels
- Motel 6 Mexico
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits to the Stakeholders
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: MEXICO TRAVEL ACCOMMODATION MARKET, BY TYPE
4.1. Overview
4.1.1. Market Size and Forecast, By Type
4.2. Hotels
4.3. Hostels
4.4. Resorts
4.5. Vacation Rentals
4.6. Others
CHAPTER 5: MEXICO TRAVEL ACCOMMODATION MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market Size and Forecast, By Application
5.2. Leisure
5.3. Professional
5.4. Others
CHAPTER 6: MEXICO TRAVEL ACCOMMODATION MARKET, BY PRICE POINT
6.1. Overview
6.1.1. Market Size and Forecast, By Price Point
6.2. Economy
6.3. Mid-Range
6.4. Luxury
CHAPTER 7: MEXICO TRAVEL ACCOMMODATION MARKET, BY MODE OF BOOKING
7.1. Overview
7.1.1. Market Size and Forecast, By Mode of Booking
7.2. Online Travel Agency
7.3. Direct Booking
7.4. Others
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1. Airbnb
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Business performance
9.1.7. Key strategic moves and developments
9.2. Expedia
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.2.7. Key strategic moves and developments
9.3. Barcelo Hotel Group
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.3.7. Key strategic moves and developments
9.4. La Quinta Mexico
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Business performance
9.4.7. Key strategic moves and developments
9.5. City Express Hotels
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.5.7. Key strategic moves and developments
9.6. hotelesTIPS
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.6.7. Key strategic moves and developments
9.7. Grupo Posadas
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. Business performance
9.7.7. Key strategic moves and developments
9.8. Homeaway
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.8.7. Key strategic moves and developments
9.9. Best Western Hotels
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.9.7. Key strategic moves and developments
9.10. Motel 6 Mexico
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance
9.10.7. Key strategic moves and developments
LIST OF TABLES
TABLE 01. MEXICO TRAVEL ACCOMMODATION MARKET, BY TYPE, 2021-2031 ($BILLION)
TABLE 02. MEXICO TRAVEL ACCOMMODATION MARKET, BY APPLICATION, 2021-2031 ($BILLION)
TABLE 03. MEXICO TRAVEL ACCOMMODATION MARKET, BY PRICE POINT, 2021-2031 ($BILLION)
TABLE 04. MEXICO TRAVEL ACCOMMODATION MARKET, BY MODE OF BOOKING, 2021-2031 ($BILLION)
TABLE 05. AIRBNB: KEY EXECUTIVES
TABLE 06. AIRBNB: COMPANY SNAPSHOT
TABLE 07. AIRBNB: OPERATING SEGMENTS
TABLE 08. AIRBNB: PRODUCT PORTFOLIO
TABLE 09. AIRBNB: KEY STRATERGIES
TABLE 10. EXPEDIA: KEY EXECUTIVES
TABLE 11. EXPEDIA: COMPANY SNAPSHOT
TABLE 12. EXPEDIA: OPERATING SEGMENTS
TABLE 13. EXPEDIA: PRODUCT PORTFOLIO
TABLE 14. EXPEDIA: KEY STRATERGIES
TABLE 15. BARCELO HOTEL GROUP: KEY EXECUTIVES
TABLE 16. BARCELO HOTEL GROUP: COMPANY SNAPSHOT
TABLE 17. BARCELO HOTEL GROUP: OPERATING SEGMENTS
TABLE 18. BARCELO HOTEL GROUP: PRODUCT PORTFOLIO
TABLE 19. BARCELO HOTEL GROUP: KEY STRATERGIES
TABLE 20. LA QUINTA MEXICO: KEY EXECUTIVES
TABLE 21. LA QUINTA MEXICO: COMPANY SNAPSHOT
TABLE 22. LA QUINTA MEXICO: OPERATING SEGMENTS
TABLE 23. LA QUINTA MEXICO: PRODUCT PORTFOLIO
TABLE 24. LA QUINTA MEXICO: KEY STRATERGIES
TABLE 25. CITY EXPRESS HOTELS: KEY EXECUTIVES
TABLE 26. CITY EXPRESS HOTELS: COMPANY SNAPSHOT
TABLE 27. CITY EXPRESS HOTELS: OPERATING SEGMENTS
TABLE 28. CITY EXPRESS HOTELS: PRODUCT PORTFOLIO
TABLE 29. CITY EXPRESS HOTELS: KEY STRATERGIES
TABLE 30. HOTELESTIPS: KEY EXECUTIVES
TABLE 31. HOTELESTIPS: COMPANY SNAPSHOT
TABLE 32. HOTELESTIPS: OPERATING SEGMENTS
TABLE 33. HOTELESTIPS: PRODUCT PORTFOLIO
TABLE 34. HOTELESTIPS: KEY STRATERGIES
TABLE 35. GRUPO POSADAS: KEY EXECUTIVES
TABLE 36. GRUPO POSADAS: COMPANY SNAPSHOT
TABLE 37. GRUPO POSADAS: OPERATING SEGMENTS
TABLE 38. GRUPO POSADAS: PRODUCT PORTFOLIO
TABLE 39. GRUPO POSADAS: KEY STRATERGIES
TABLE 40. HOMEAWAY: KEY EXECUTIVES
TABLE 41. HOMEAWAY: COMPANY SNAPSHOT
TABLE 42. HOMEAWAY: OPERATING SEGMENTS
TABLE 43. HOMEAWAY: PRODUCT PORTFOLIO
TABLE 44. HOMEAWAY: KEY STRATERGIES
TABLE 45. BEST WESTERN HOTELS: KEY EXECUTIVES
TABLE 46. BEST WESTERN HOTELS: COMPANY SNAPSHOT
TABLE 47. BEST WESTERN HOTELS: OPERATING SEGMENTS
TABLE 48. BEST WESTERN HOTELS: PRODUCT PORTFOLIO
TABLE 49. BEST WESTERN HOTELS: KEY STRATERGIES
TABLE 50. MOTEL 6 MEXICO: KEY EXECUTIVES
TABLE 51. MOTEL 6 MEXICO: COMPANY SNAPSHOT
TABLE 52. MOTEL 6 MEXICO: OPERATING SEGMENTS
TABLE 53. MOTEL 6 MEXICO: PRODUCT PORTFOLIO
TABLE 54. MOTEL 6 MEXICO: KEY STRATERGIES
LIST OF FIGURES
FIGURE 01. MEXICO TRAVEL ACCOMMODATION MARKET, 2021-2031
FIGURE 02. SEGMENTATION OF MEXICO TRAVEL ACCOMMODATION MARKET, 2021-2031
FIGURE 03. TOP INVESTMENT POCKETS IN MEXICO TRAVEL ACCOMMODATION MARKET (2022-2031)
FIGURE 04. PORTER FIVE-1
FIGURE 05. PORTER FIVE-2
FIGURE 06. PORTER FIVE-3
FIGURE 07. PORTER FIVE-4
FIGURE 08. PORTER FIVE-5
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: MEXICO TRAVEL ACCOMMODATION MARKET
FIGURE 10. MEXICO TRAVEL ACCOMMODATION MARKET,BY TYPE, 2021 ($BILLION)
FIGURE 11. MEXICO TRAVEL ACCOMMODATION MARKET,BY APPLICATION, 2021 ($BILLION)
FIGURE 12. MEXICO TRAVEL ACCOMMODATION MARKET,BY PRICE POINT, 2021 ($BILLION)
FIGURE 13. MEXICO TRAVEL ACCOMMODATION MARKET,BY MODE OF BOOKING, 2021 ($BILLION)
FIGURE 14. TOP WINNING STRATEGIES, BY YEAR
FIGURE 15. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 16. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 17. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 18. COMPETITIVE DASHBOARD
FIGURE 19. COMPETITIVE HEATMAP: MEXICO TRAVEL ACCOMMODATION MARKET
FIGURE 20. TOP PLAYER POSITIONING, 2021
FIGURE 21. AIRBNB: NET SALES, 2020-2022*($BILLION)
FIGURE 22. AIRBNB: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 23. AIRBNB: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 24. EXPEDIA: NET SALES, 2020-2022*($BILLION)
FIGURE 25. EXPEDIA: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 26. EXPEDIA: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 27. BARCELO HOTEL GROUP: NET SALES, 2020-2022*($BILLION)
FIGURE 28. BARCELO HOTEL GROUP: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 29. BARCELO HOTEL GROUP: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 30. LA QUINTA MEXICO: NET SALES, 2020-2022*($BILLION)
FIGURE 31. LA QUINTA MEXICO: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 32. LA QUINTA MEXICO: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 33. CITY EXPRESS HOTELS: NET SALES, 2020-2022*($BILLION)
FIGURE 34. CITY EXPRESS HOTELS: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 35. CITY EXPRESS HOTELS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 36. HOTELESTIPS: NET SALES, 2020-2022*($BILLION)
FIGURE 37. HOTELESTIPS: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 38. HOTELESTIPS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 39. GRUPO POSADAS: NET SALES, 2020-2022*($BILLION)
FIGURE 40. GRUPO POSADAS: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 41. GRUPO POSADAS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 42. HOMEAWAY: NET SALES, 2020-2022*($BILLION)
FIGURE 43. HOMEAWAY: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 44. HOMEAWAY: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 45. BEST WESTERN HOTELS: NET SALES, 2020-2022*($BILLION)
FIGURE 46. BEST WESTERN HOTELS: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 47. BEST WESTERN HOTELS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 48. MOTEL 6 MEXICO: NET SALES, 2020-2022*($BILLION)
FIGURE 49. MOTEL 6 MEXICO: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 50. MOTEL 6 MEXICO: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
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