Hotels & Motels in Kazakhstan

Hotels & Motels in Kazakhstan



Summary



Hotels & Motels in Kazakhstan industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). 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 Kazakh hotels & motels industry had total revenues of $673m in 2018, representing a compound annual rate of change (CARC) of -6.0% between 2014 and 2018.

– The number of establishments increased with a CAGR of 5.9% between 2014 and 2018, to reach a total of 293 in 2018.

– In recent years, supply growth in the Kazakh hotels industry stimulated demand by inducing cuts in the average price of accommodation. For example, the average daily rate (ADR) across all hotel categories fell from $181.59 in 2015 to $121.78 in 2016.



Scope



– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Kazakhstan

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Kazakhstan

– 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 Kazakhstan hotels & motels market with five year forecasts by both value and volume



Reasons to Buy



– What was the size of the Kazakhstan hotels & motels market by value in 2018?

– What will be the size of the Kazakhstan hotels & motels market in 2023?

– What factors are affecting the strength of competition in the Kazakhstan hotels & motels market?

– How has the market performed over the last five years?

– What are the main segments that make up Kazakhstan’s hotels & motels market?



Companies Mentioned:

AccorHotels

Marriott International Inc

Wyndham Hotels and Resorts LLC

Hilton Worldwide Holdings Inc

Ritesh Tiwari is the Founder of Research By Markets. He has more than 7 years experience in the Market Research industry and a total experience spanning 18+ years. His core experience is in Sales and International Recruitments. Ritesh is a big foodie and a huge football fan, supporting Manchester United (EPL) and FC Barcelona (La Liga). He hardly misses watching any matches when these teams are playing. Get in touch with Ritesh via: enquiry@researchbymarkets.com *Industry Press Release is a part of Research By Markets.