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Mexico Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 51 Pages
  • September 2023
  • Region: Mexico
  • MarketLine
  • ID: 5765072
Description Jump to:
Hotels & Motels in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the 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 Mexican hotels and motels industry had total revenues of $20.0 billion in 2022, representing a negative compound annual growth rate (CAGR) of 2.8% between 2017 and 2022.
  • Industry consumption volume increased with a CAGR of 1.8% between 2017 and 2022, to reach a total of 13,909.0 number of establishments in 2022.
  • According to in-house research, in 2022, the Mexican hotels and motels industry witnessed an annual growth of 51.7% due to the increase in number of tourists. According to the Bank of Mexico (Banxico), in 2022, Mexico received 66 million travellers, up 19.3% over 2021.

Scope

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

Reasons to Buy

  • What was the size of the Mexico hotels & motels market by value in 2022?
  • What will be the size of the Mexico hotels & motels market in 2027?
  • What factors are affecting the strength of competition in the Mexico hotels & motels market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Mexico'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. Geography segmentation
1.7. Market rivalry
1.8. 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
4.2. Geography 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. What were the most recent market developments?
8 Company Profiles
8.1. InterContinental Hotels Group Plc
8.2. Grupo Posadas SAB de CV
8.3. Marriott International Inc
8.4. Hilton Hotels & Resorts
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Mexico hotels & motels industry value: $ million, 2017-22
Table 2: Mexico hotels & motels industry volume: Number of Establishments, 2017-22
Table 3: Mexico hotels & motels industry category segmentation: % share, by value, 2017-2022
Table 4: Mexico hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Mexico hotels & motels industry geography segmentation: $ million, 2022
Table 6: Mexico hotels & motels industry value forecast: $ million, 2022-27
Table 7: Mexico hotels & motels industry volume forecast: Number of Establishments, 2022-27
Table 8: InterContinental Hotels Group Plc: key facts
Table 9: InterContinental Hotels Group Plc: Annual Financial Ratios
Table 10: InterContinental Hotels Group Plc: Key Employees
Table 11: InterContinental Hotels Group Plc: Key Employees Continued
Table 12: InterContinental Hotels Group Plc: Key Employees Continued
Table 13: Grupo Posadas SAB de CV: key facts
Table 14: Grupo Posadas SAB de CV: Annual Financial Ratios
Table 15: Grupo Posadas SAB de CV: Key Employees
Table 16: Marriott International Inc: key facts
Table 17: Marriott International Inc: Annual Financial Ratios
Table 18: Marriott International Inc: Key Employees
Table 19: Marriott International Inc: Key Employees Continued
Table 20: Marriott International Inc: Key Employees Continued
Table 21: Hilton Hotels & Resorts: key facts
Table 22: Hilton Hotels & Resorts: Key Employees
Table 23: Mexico size of population (million), 2018-22
Table 24: Mexico gdp (constant 2005 prices, $ billion), 2018-22
Table 25: Mexico gdp (current prices, $ billion), 2018-22
Table 26: Mexico inflation, 2018-22
Table 27: Mexico consumer price index (absolute), 2018-22
Table 28: Mexico exchange rate, 2018-22
List of Figures
Figure 1: Mexico hotels & motels industry value: $ million, 2017-22
Figure 2: Mexico hotels & motels industry volume: Number of Establishments, 2017-22
Figure 3: Mexico hotels & motels industry category segmentation: $ million, 2017-2022
Figure 4: Mexico hotels & motels industry geography segmentation: % share, by value, 2022
Figure 5: Mexico hotels & motels industry value forecast: $ million, 2022-27
Figure 6: Mexico hotels & motels industry volume forecast: Number of Establishments, 2022-27
Figure 7: Forces driving competition in the hotels & motels industry in Mexico, 2022
Figure 8: Drivers of buyer power in the hotels & motels industry in Mexico, 2022
Figure 9: Drivers of supplier power in the hotels & motels industry in Mexico, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Mexico, 2022
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Mexico, 2022
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Mexico, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • InterContinental Hotels Group Plc
  • Grupo Posadas SAB de CV
  • Marriott International Inc
  • Hilton Hotels & Resorts

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