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

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    Report

  • 39 Pages
  • September 2023
  • Region: Sweden
  • MarketLine
  • ID: 5785922
Hotels & Motels in Sweden industry profile provides top-line qualitative and quantitative summary information including: 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 Swedish hotels & motels industry had total revenues of $4.6 billion in 2022, representing a negative compound annual growth rate (CAGR) of 1.6% between 2017 and 2022.
  • Industry consumption volume increased with a CAGR of 1.4% between 2017 and 2022, to reach a total of 2,171 establishments in 2022.
  • The Swedish accounted for a small share of 1.7% of the European hotels & motels industry in 2022. The demand for hotels & motels in the country is attributed to the growing travel & tourism industry, the growing population, growing business travel, rising consumer purchasing power and expenditure, and economic growth.

Scope

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

Reasons to Buy

  • What was the size of the Sweden hotels & motels market by value in 2022?
  • What will be the size of the Sweden hotels & motels market in 2027?
  • What factors are affecting the strength of competition in the Sweden hotels & motels market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Sweden'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 were the most recent market developments?
8 Company Profiles
8.1. Nordic Choice Hotels
8.2. Scandic Hotels Group AB
8.3. First Hotels AS
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: Sweden hotels & motels industry value: $ million, 2017-22
Table 2: Sweden hotels & motels industry volume: Number of Establishments, 2017-22
Table 3: Sweden hotels & motels industry category segmentation: % share, by value, 2017-2022
Table 4: Sweden hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Sweden hotels & motels industry geography segmentation: $ million, 2022
Table 6: Sweden hotels & motels industry value forecast: $ million, 2022-27
Table 7: Sweden hotels & motels industry volume forecast: Number of Establishments, 2022-27
Table 8: Nordic Choice Hotels: key facts
Table 9: Nordic Choice Hotels: Key Employees
Table 10: Scandic Hotels Group AB: key facts
Table 11: Scandic Hotels Group AB: Annual Financial Ratios
Table 12: Scandic Hotels Group AB: Key Employees
Table 13: First Hotels AS: key facts
Table 14: Sweden size of population (million), 2018-22
Table 15: Sweden gdp (constant 2005 prices, $ billion), 2018-22
Table 16: Sweden gdp (current prices, $ billion), 2018-22
Table 17: Sweden inflation, 2018-22
Table 18: Sweden consumer price index (absolute), 2018-22
Table 19: Sweden exchange rate, 2018-22
List of Figures
Figure 1: Sweden hotels & motels industry value: $ million, 2017-22
Figure 2: Sweden hotels & motels industry volume: Number of Establishments, 2017-22
Figure 3: Sweden hotels & motels industry category segmentation: $ million, 2017-2022
Figure 4: Sweden hotels & motels industry geography segmentation: % share, by value, 2022
Figure 5: Sweden hotels & motels industry value forecast: $ million, 2022-27
Figure 6: Sweden hotels & motels industry volume forecast: Number of Establishments, 2022-27
Figure 7: Forces driving competition in the hotels & motels industry in Sweden, 2022
Figure 8: Drivers of buyer power in the hotels & motels industry in Sweden, 2022
Figure 9: Drivers of supplier power in the hotels & motels industry in Sweden, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Sweden, 2022
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Sweden, 2022
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Sweden, 2022

Companies Mentioned (Partial List)

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

  • Nordic Choice Hotels
  • Scandic Hotels Group AB
  • First Hotels AS