January 2016
21
Electronic (PDF)
Hospitality Global Market Briefing Report 2015 provides strategists, marketers and senior management with the critical information they need to assess the global hospitality services sector.
Description
Hospitality Global Market Report from the Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
The market characteristics section of the report defines and explains the market.
The market size section gives the hospitality market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.
The trends and strategies section highlights the likely future developments in the hospitality market and suggests approaches.
Reasons to Purchase
• Get up to date information available on the hospitality market globally.
• Identify growth segments and opportunities.
• Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market.
• Develop strategies based on likely future developments.
• Gain a global perspective on the development of the market.
Scope
Markets Covered: Full service restaurants, Limited service restaurants and Accommodation.
Companies Mentioned: Compass Group, McDonald's Corporation, Sodexo SA, Starbucks Corporation and Marriot International Inc.,
Geographic scope: Americas, Europe, Asia, Middle East and Africa
Time series: Five years historic and forecast.
Data: Market value in $ millions.
Data segmentations: Regional breakdowns, market share of competitors, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Executive Summary
The total value of the hospitality sector globally in 2014 was $2,307 billion. Related to a world population of more than 7 billion in 2014 this equates to about $329 per person globally. Given that World Domestic Product was approximately $78 trillion in 2014, the market makes up about 2.9%of the global economy.
One of the key factors driving the accommodation industry market size is occupancy rates. The consumer trend towards eating healthily combined with people with higher disposable income willing to pay more for healthy food options is likely to fuel this business. This in turn is likely to pose a major threat to the traditional quick service restaurants.