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U.S. Travel Accommodation Market By Type, By Application, By Price Point, By Mode of Booking: Opportunity Analysis and Industry Forecast, 2022-2031

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    Report

  • 81 Pages
  • July 2023
  • Region: United States
  • Allied Market Research
  • ID: 5916559
The U.S. Travel accommodation sector is expanding, supplying fascinating possibilities for companies seeking to capitalize on the popularity of traveling. Additional gains are anticipated as the market benefits from changing consumer preferences and the emergence of new markets, such as rural tourist and also medical tourism. The market is classified by kind, application, price factor, setting of reservation and region. Hotels, hostels, resorts, vacation rentals, and others make up the various sorts of accommodation readily available in the U.S., while the applications are split in between recreation and service, with some sorts of accommodation having details applications. The rate point varies from cost-effective to deluxe. The setting of reservation is associated with on-line travel bureau, straight bookings, as well as various other booking os.

The absence of infrastructure in some parts of the U.S. can limit the accessibility and ease of access of particular kinds of holiday accommodation and decrease occupancies and also profits for services. Currency variations can additionally lead to greater rates, decreasing the success of U.S. Travel accommodations. The ecommerce market has actually helped drive the growth of U.S. Traveling Holiday accommodation as well as drove bookings online. Online holiday company have actually ended up being the favoured source for booking accommodation, when feasible. Technologies such as cloud computer and expert system have enabled a change in the hospitality field, enhancing effectiveness and also reducing prices.

The major players in the travel accommodation industry that have been analyzed in this report include Marriott International, Hilton Worldwide, Hyatt Hotels Corporation, InterContinental Hotels Group, Choice Hotels International, Starwood Hotels & Resorts Worldwide, Wyndham Hotel Group, AccorHotels, Best Western International, La Quinta Inns & Suites

The essential advantages of U.S. Traveling Holiday accommodation market provide stakeholders with the ability to make educated choices and offer market evaluation based on the existing market problem and also estimated figures. It likewise helps to examine and place the top variables impacting the development of the industry, while allowing an understanding of the present settings of major market players. Segmentation assists to recognize the dominating market chances, while the analysis of top strategies taken on by the players provides understanding on the very best monetary possibilities. On The Whole, U.S. Travel accommodation provides a variety of opportunities that can benefit businesses in regards to getting a foothold in a thriving industry, while providing clients with the highest degree of contentment.

Key Benefits For Stakeholders

  • Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
  • Analyze the key strategies adopted by major market players in u.s. travel accommodation market.
  • Assess and rank the top factors that are expected to affect the growth of u.s. travel accommodation market.
  • Top Player positioning provides a clear understanding of the present position of market players.
  • Detailed analysis of the u.s. 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
  • Market share analysis of players at global/region/country level

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
  • Marriott International
  • Hilton Worldwide
  • Hyatt Hotels Corporation
  • InterContinental Hotels Group
  • Choice Hotels International
  • Starwood Hotels & Resorts Worldwide
  • Wyndham Hotel Group
  • AccorHotels
  • Best Western International
  • La Quinta Inns & Suites

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits to the Stakeholders
1.4. Research Methodology
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.3. Porter’s Five Forces Analysis
3.4. Market Dynamics
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: U.S. TRAVEL ACCOMMODATION MARKET, BY TYPE
4.1. Overview
4.2. Hotels
4.3. Hostels
4.4. Resorts
4.5. Vacation Rentals
4.6. Others
CHAPTER 5: U.S. TRAVEL ACCOMMODATION MARKET, BY APPLICATION
5.1. Overview
5.2. Leisure
5.3. Professional
5.4. Others
CHAPTER 6: U.S. TRAVEL ACCOMMODATION MARKET, BY PRICE POINT
6.1. Overview
6.2. Economy
6.3. Mid-Range
6.4. Luxury
CHAPTER 7: U.S. TRAVEL ACCOMMODATION MARKET, BY MODE OF BOOKING
7.1. Overview
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. Marriott International
9.2. Hilton Worldwide
9.3. Hyatt Hotels Corporation
9.4. InterContinental Hotels Group
9.5. Choice Hotels International
9.6. Starwood Hotels & Resorts Worldwide
9.7. Wyndham Hotel Group
9.8. AccorHotels
9.9. Best Western International
9.10. La Quinta Inns & Suites
List of Tables
Table 01. U.S. Travel Accommodation Market, by Type, 2021-2031 ($Billion)
Table 02. U.S. Travel Accommodation Market, by Application, 2021-2031 ($Billion)
Table 03. U.S. Travel Accommodation Market, by Price Point, 2021-2031 ($Billion)
Table 04. U.S. Travel Accommodation Market, by Mode of Booking, 2021-2031 ($Billion)
Table 05. Marriott International: Key Executives
Table 06. Marriott International: Company Snapshot
Table 07. Marriott International: Operating Segments
Table 08. Marriott International: Product Portfolio
Table 09. Marriott International: Key Stratergies
Table 10. Hilton Worldwide: Key Executives
Table 11. Hilton Worldwide: Company Snapshot
Table 12. Hilton Worldwide: Operating Segments
Table 13. Hilton Worldwide: Product Portfolio
Table 14. Hilton Worldwide: Key Stratergies
Table 15. Hyatt Hotels Corporation: Key Executives
Table 16. Hyatt Hotels Corporation: Company Snapshot
Table 17. Hyatt Hotels Corporation: Operating Segments
Table 18. Hyatt Hotels Corporation: Product Portfolio
Table 19. Hyatt Hotels Corporation: Key Stratergies
Table 20. Intercontinental Hotels Group: Key Executives
Table 21. Intercontinental Hotels Group: Company Snapshot
Table 22. Intercontinental Hotels Group: Operating Segments
Table 23. Intercontinental Hotels Group: Product Portfolio
Table 24. Intercontinental Hotels Group: Key Stratergies
Table 25. Choice Hotels International: Key Executives
Table 26. Choice Hotels International: Company Snapshot
Table 27. Choice Hotels International: Operating Segments
Table 28. Choice Hotels International: Product Portfolio
Table 29. Choice Hotels International: Key Stratergies
Table 30. Starwood Hotels & Resorts Worldwide: Key Executives
Table 31. Starwood Hotels & Resorts Worldwide: Company Snapshot
Table 32. Starwood Hotels & Resorts Worldwide: Operating Segments
Table 33. Starwood Hotels & Resorts Worldwide: Product Portfolio
Table 34. Starwood Hotels & Resorts Worldwide: Key Stratergies
Table 35. Wyndham Hotel Group: Key Executives
Table 36. Wyndham Hotel Group: Company Snapshot
Table 37. Wyndham Hotel Group: Operating Segments
Table 38. Wyndham Hotel Group: Product Portfolio
Table 39. Wyndham Hotel Group: Key Stratergies
Table 40. Accorhotels: Key Executives
Table 41. Accorhotels: Company Snapshot
Table 42. Accorhotels: Operating Segments
Table 43. Accorhotels: Product Portfolio
Table 44. Accorhotels: Key Stratergies
Table 45. Best Western International: Key Executives
Table 46. Best Western International: Company Snapshot
Table 47. Best Western International: Operating Segments
Table 48. Best Western International: Product Portfolio
Table 49. Best Western International: Key Stratergies
Table 50. La Quinta Inns & Suites: Key Executives
Table 51. La Quinta Inns & Suites: Company Snapshot
Table 52. La Quinta Inns & Suites: Operating Segments
Table 53. La Quinta Inns & Suites: Product Portfolio
Table 54. La Quinta Inns & Suites: Key Stratergies
List of Figures
Figure 01. U.S. Travel Accommodation Market, 2021-2031
Figure 02. Segmentation of U.S. Travel Accommodation Market, 2021-2031
Figure 03. Top Investment Pockets in U.S. Travel Accommodation Market (2022-2031)
Figure 04. Porter's Five - 1
Figure 05. Porter's Five - 2
Figure 06. Porter's Five - 3
Figure 07. Porter's Five - 4
Figure 08. Porter's Five - 5
Figure 09. Drivers, Restraints and Opportunities: U.S. Travel Accommodation Market
Figure 10. U.S. Travel Accommodation Market,By Type, 2021 ($Billion)
Figure 11. U.S. Travel Accommodation Market,By Application, 2021 ($Billion)
Figure 12. U.S. Travel Accommodation Market,By Price Point, 2021 ($Billion)
Figure 13. U.S. Travel Accommodation Market,By Mode of Booking, 2021 ($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: U.S. Travel Accommodation Market
Figure 20. Top Player Positioning, 2021
Figure 21. Marriott International: Net Sales, 2020-2022* ($Billion)
Figure 22. Marriott International: Revenue Share, by Segment, 2021 (%)
Figure 23. Marriott International: Revenue Share, by Geography, 2021 (%)
Figure 24. Hilton Worldwide: Net Sales, 2020-2022* ($Billion)
Figure 25. Hilton Worldwide: Revenue Share, by Segment, 2021 (%)
Figure 26. Hilton Worldwide: Revenue Share, by Geography, 2021 (%)
Figure 27. Hyatt Hotels Corporation: Net Sales, 2020-2022* ($Billion)
Figure 28. Hyatt Hotels Corporation: Revenue Share, by Segment, 2021 (%)
Figure 29. Hyatt Hotels Corporation: Revenue Share, by Geography, 2021 (%)
Figure 30. Intercontinental Hotels Group: Net Sales, 2020-2022* ($Billion)
Figure 31. Intercontinental Hotels Group: Revenue Share, by Segment, 2021 (%)
Figure 32. Intercontinental Hotels Group: Revenue Share, by Geography, 2021 (%)
Figure 33. Choice Hotels International: Net Sales, 2020-2022* ($Billion)
Figure 34. Choice Hotels International: Revenue Share, by Segment, 2021 (%)
Figure 35. Choice Hotels International: Revenue Share, by Geography, 2021 (%)
Figure 36. Starwood Hotels & Resorts Worldwide: Net Sales, 2020-2022* ($Billion)
Figure 37. Starwood Hotels & Resorts Worldwide: Revenue Share, by Segment, 2021 (%)
Figure 38. Starwood Hotels & Resorts Worldwide: Revenue Share, by Geography, 2021 (%)
Figure 39. Wyndham Hotel Group: Net Sales, 2020-2022* ($Billion)
Figure 40. Wyndham Hotel Group: Revenue Share, by Segment, 2021 (%)
Figure 41. Wyndham Hotel Group: Revenue Share, by Geography, 2021 (%)
Figure 42. Accorhotels: Net Sales, 2020-2022* ($Billion)
Figure 43. Accorhotels: Revenue Share, by Segment, 2021 (%)
Figure 44. Accorhotels: Revenue Share, by Geography, 2021 (%)
Figure 45. Best Western International: Net Sales, 2020-2022* ($Billion)
Figure 46. Best Western International: Revenue Share, by Segment, 2021 (%)
Figure 47. Best Western International: Revenue Share, by Geography, 2021 (%)
Figure 48. La Quinta Inns & Suites: Net Sales, 2020-2022* ($Billion)
Figure 49. La Quinta Inns & Suites: Revenue Share, by Segment, 2021 (%)
Figure 50. La Quinta Inns & Suites: Revenue Share, by Geography, 2021 (%)

Companies Mentioned

  • Marriott International
  • Hilton Worldwide
  • Hyatt Hotels Corporation
  • InterContinental Hotels Group
  • Choice Hotels International
  • Starwood Hotels & Resorts Worldwide
  • Wyndham Hotel Group
  • AccorHotels
  • Best Western International
  • La Quinta Inns & Suites

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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