"Travel Accommodation in Germany" is now available at Fast Market Research
New Consumer Goods research report from Euromonitor International is now available from Fast Market Research
[USPRwire, Mon Oct 20 2014] Overall value sales in travel accommodation saw a minor increase in current terms in 2013 to stand at EUR13.9 billion, up only EUR30 million on 2012. Apart from the recessionary year of 2009, this was the worst performance of the review period, with 2010-2012 seeing growth rates of around 3%. In the absence of "growth engines", the category's high level of maturity and saturation put pressure on average unit prices. The most important type of travel accommodation by far, hotels, thereby had to deal with almost unchanged sales compared to 2012 in current value terms. Consequently, occupancy and average daily rates only saw a small increase in 2013, if at all.
Industry Prospects
Over the forecast period both travel accommodation in general and hotels specifically are expected to post a value CAGR decline of 1% at constant 2013 prices. Given the category's high overall level of maturity and saturation, there are no growth opportunities which could have a significant impact. According to industry experts, the brands which are expected to see the best development will be those which are able to offer good value for money and are predominantly found in attractive locations.
Discover the latest market trends and uncover sources of future market growth for the Travel Accommodation industry in Germany with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Travel Accommodation industry in Germany, our research will save you time and money while empowering you to make informed, profitable decisions.
The Travel Accommodation in Germany market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Travel Accommodation in Germany?
* What are the major brands in Germany?
* What is the rate of development for chained hotels vs independent hotels?
* How are luxury hotels performing compared to mid-priced and budget hotels?
* Is there an increase in hostels and campsites?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
You may also be interested in these related reports:
