Hotels & Motels in Turkey
Table of Contents
Executive Summary 2
Market value 2
Market value forecast 2
Market volume 2
Market volume forecast 2
Category segmentation 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 9
Market value 9
Market volume 10
Market Segmentation 11
Category segmentation 11
Geography segmentation 12
Market Outlook 13
Market value forecast 13
Market volume forecast 14
Five Forces Analysis 15
Summary 15
Buyer power 16
Supplier power 18
New entrants 19
Threat of substitutes 21
Degree of rivalry 22
Leading Companies 24
AccorHotels 24
Anemon Hotels 27
Hilton Worldwide Holdings Inc 28
Wyndham Worldwide Corporation 31
Macroeconomic Indicators 34
Country data 34
Methodology 36
Industry associations 37
Related MarketLine research 37
Appendix 38
About MarketLine 38
Hotels & Motels in Turkey
Summary
Hotels & Motels in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Turkey hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
The hotels & motels industry value consists of all revenues generated by hotels, motels and other accommodation providers through the provision of accommodation and other services. The total value includes room revenue and non-room revenue, including casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region. Any currency conversions included within this report have been calculated using constant 2017 annual average exchange rates.
The Turkish hotels & motels industry is forecast to generate total revenues of $5.2bn in 2018, representing a compound annual rate of change (CARC) of -12.2% between 2014 and 2018.
The number of establishments is forecast to increase with a CAGR of 4.9% between 2014 and 2018, to reach a total of 2,915.0 in 2018.
In 2016, the number of visitors to Turkey fell by 30.0% compared to 2015, in turn leading hotel prices to record a greater decline in an effort by hotel operators to improve occupancy rates.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Turkey
- 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 Turkey hotels & motels market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Turkey hotels & motels market by value in 2017?
- What will be the size of the Turkey hotels & motels market in 2022?
- What factors are affecting the strength of competition in the Turkey hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey's hotels & motels market?