Israel Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2026

Israel Hotels and Motels Market Summary, Competitive Analysis and Forecast to 2026
Summary

Hotels & Motels in Israel industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsThe 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 Israeli hotels & motels industry had total revenues of $2.1 billion in 2021, representing a negative compound annual rate of change (CARC) of 11.9% between 2016 and 2021.Industry consumption volume increased with a CAGR of 1.7% between 2016 and 2021, to reach a total of 422 establishments in 2021.The Israeli domestic tourism industry has reached a saturation level. Hence, the Israeli Ministry of Tourism is focusing on boosting the international arrivals across the country and has set an ambitious target of welcoming over 10 million tourists in the next 5 years, which is more than twice the figures recorded in 2019.ScopeSave time carrying out entry-level research by identifying the size, growth, and leading players in the hotels & motels market in IsraelUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in IsraelLeading company profiles reveal details of key hotels & motels market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the Israel hotels & motels market with five year forecastsReasons to BuyWhat was the size of the Israel hotels & motels market by value in 2021?What will be the size of the Israel hotels & motels market in 2026?What factors are affecting the strength of competition in the Israel hotels & motels market?How has the market performed over the last five years?