Summary
Hotels & Motels in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). 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 includes 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 Filipino hotels & motels industry recorded revenues of $4.7 billion in 2024, representing a negative compound annual growth rate (CAGR) of 0.8% between 2019 and 2024.
- The number of establishments in the industry increased with a CAGR of 0.05% between 2019 and 2024, reaching a total of 1,751.0 in 2024.
- The revenue of the Filipino hotels & motels industry experienced an annual growth of 6.8% in 2024. The growth is driven by increased business travel. Growing business travel and online travel intermediary platforms have jointly driven the growth in the Philippines’ hotels & motels industry.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Philippines
- 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 Philippines hotels & motels market with five year forecasts
Reasons to Buy
- What was the size of the Philippines hotels & motels market by value in 2024?
- What will be the size of the Philippines hotels & motels market in 2029?
- What factors are affecting the strength of competition in the Philippines hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Philippines's hotels & motels market?
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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 are the strengths of the leading players?
7.3. What are the recent developments in the industry?
8 Company Profiles
8.1. Waterfront Philippines Inc
8.2. Hyatt Hotels Corp
8.3. Accor SA
8.4. Marriott International Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Philippines hotels & motels industry value: $ million, 2019-24
Table 2: Philippines hotels & motels industry volume: number of establishments, 2019-24
Table 3: Philippines hotels & motels industry category segmentation: % share, by value, 2019-24
Table 4: Philippines hotels & motels industry category segmentation: $ million, 2019-24
Table 5: Philippines hotels & motels industry geography segmentation: $ million, 2024
Table 6: Philippines hotels & motels industry value forecast: $ million, 2024-29
Table 7: Philippines hotels & motels industry volume forecast: number of establishments, 2024-29
Table 8: Waterfront Philippines Inc: Key Facts
Table 9: Waterfront Philippines Inc: Annual Financial Ratios
Table 10: Waterfront Philippines Inc: Key Employees
Table 11: Hyatt Hotels Corp: Key Facts
Table 12: Hyatt Hotels Corp: Annual Financial Ratios
Table 13: Hyatt Hotels Corp: Key Employees
Table 14: Hyatt Hotels Corp: Key Employees Continued
Table 15: Accor SA: Key Facts
Table 16: Accor SA: Annual Financial Ratios
Table 17: Accor SA: Key Employees
Table 18: Marriott International Inc: Key Facts
Table 19: Marriott International Inc: Annual Financial Ratios
Table 20: Marriott International Inc: Key Employees
Table 21: Marriott International Inc: Key Employees Continued
Table 22: Marriott International Inc: Key Employees Continued
Table 23: Philippines Size of Population (Million), 2020-24
Table 24: Philippines Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 25: Philippines GDP (Current Prices, $ Billion), 2020-24
Table 26: Philippines Inflation, 2020-24
Table 27: Philippines Consumer Price Index (Absolute), 2020-24
Table 28: Philippines Exchange Rate, 2019-24
List of Figures
Figure 1: Philippines hotels & motels industry value: $ million, 2019-24
Figure 2: Philippines hotels & motels industry volume: number of establishments, 2019-24
Figure 3: Philippines hotels & motels industry category segmentation: $ million, 2019-24
Figure 4: Philippines hotels & motels industry geography segmentation: % share, by value, 2024
Figure 5: Philippines hotels & motels industry value forecast: $ million, 2024-29
Figure 6: Philippines hotels & motels industry volume forecast: number of establishments, 2024-29
Figure 7: Forces driving competition in the hotels & motels industry in Philippines, 2024
Figure 8: Drivers of buyer power in the hotels & motels industry in Philippines, 2024
Figure 9: Drivers of supplier power in the hotels & motels industry in Philippines, 2024
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Philippines, 2024
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Philippines, 2024
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Philippines, 2024
