Abstract
Revenue in the hotels and accommodations market grew between 2003 and 2008. However, when inflation is factored in, growth was found to be a sober 7% and is forecast to gain only 1% between 2008 and 2013 in inflation adjusted dollars. The softening of the U.S. economy and the market' s failure to capture a large enough share of international travelers are driving factors. This report covers the U.S. market for hotels and accommodations including hotel/motels and casino hotels.
Analysis and insights include:
- Which segments are the fastest growing and which are feeling the effects of the current economy
- Size and growth forecast for the market as a whole and for hotel/motels, casino hotels and bed and breakfasts
- Share of revenue generated by guest room rentals, gaming, food, alcohol, and other sales
- Market drivers and opportunities for innovation
- Leading companies in the market
- Marketing themes and how marketing dollars are spent
- Consumer opinions and behavior
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