Hotels & Motels in Argentina

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 Argentinian hotels & motels industry recorded revenues of $3.5 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.7% between 2018 and 2023.
• The number of establishments in the industry declined with a negative CAGR of 1.9% between 2018 and 2023, reaching a total of 5,137 in 2023.
• The contraction in Argentinian hotels & motels industry value is also attributed to the fall in travel and tourism spending. According to the World Travel & Tourism Council (WTTC), travel and tourism spending in the country fell by over 10.2% in 2023, as fewer international visitors traveled to the region and domestic tourists cut back on leisure spending.

Scope

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

Reasons to Buy

• What was the size of the Argentina hotels & motels market by value in 2023?
• What will be the size of the Argentina hotels & motels market in 2028?
• What factors are affecting the strength of competition in the Argentina hotels & motels market?
• How has the market performed over the last five years?
• Who are the top competitors in Argentina's hotels & motels market?