TABLE OF CONTENTS
CHAPTER 1 INTRODUCTION 19
1.1 What is this report about? 19
1.2 Who is the target reader? 19
1.3 How to use this report 19
1.4 Definitions 19
CHAPTER 2 GROUP OF EIGHT (G8) HOTELS & MOTELS INDUSTRY OUTLOOK 20
CHAPTER 3 HOTELS & MOTELS IN CANADA 25
3.1 Market Overview 25
3.2 Market Value 26
3.3 Market Segmentation I 27
3.4 Market Segmentation II 28
3.5 Five Forces Analysis 29
3.6 Leading Companies 35
3.7 Market Forecasts 46
3.8 Macroeconomic Indicators 47
CHAPTER 4 HOTELS & MOTELS IN FRANCE 49
4.1 Market Overview 49
4.2 Market Value 50
4.3 Market Segmentation I 51
4.4 Market Segmentation II 52
4.5 Five Forces Analysis 53
4.6 Leading Companies 59
4.7 Market Forecasts 69
4.8 Macroeconomic Indicators 70
CHAPTER 5 HOTELS & MOTELS IN GERMANY 72
5.1 Market Overview 72
5.2 Market Value 73
5.3 Market Segmentation I 74
5.4 Market Segmentation II 75
5.5 Five Forces Analysis 76
5.6 Leading Companies 83
5.7 Market Forecasts 95
5.8 Macroeconomic Indicators 96
CHAPTER 6 HOTELS & MOTELS IN ITALY 98
6.1 Market Overview 98
6.2 Market Value 99
6.3 Market Segmentation I 100
6.4 Market Segmentation II 101
6.5 Five Forces Analysis 102
6.6 Leading Companies 108
6.7 Market Forecasts 118
6.8 Macroeconomic Indicators 119
CHAPTER 7 HOTELS & MOTELS IN JAPAN 121
7.1 Market Overview 121
7.2 Market Value 122
7.3 Market Segmentation I 123
7.4 Market Segmentation II 124
7.5 Five Forces Analysis 125
7.6 Leading Companies 131
7.7 Market Forecasts 137
7.8 Macroeconomic Indicators 138
CHAPTER 8 HOTELS & MOTELS IN RUSSIA 140
8.1 Market Overview 140
8.2 Market Value 141
8.3 Market Segmentation I 142
8.4 Market Segmentation II 143
8.5 Five Forces Analysis 144
8.6 Leading Companies 150
8.7 Market Forecasts 162
8.8 Macroeconomic Indicators 163
CHAPTER 9 HOTELS & MOTELS IN THE UNITED KINGDOM 165
9.1 Market Overview 165
9.2 Market Value 166
9.3 Market Segmentation I 167
9.4 Market Segmentation II 168
9.5 Five Forces Analysis 169
9.6 Leading Companies 175
9.7 Market Forecasts 185
9.8 Macroeconomic Indicators 186
CHAPTER 10 HOTELS & MOTELS IN THE UNITED STATES 188
10.1 Market Overview 188
10.2 Market Value 189
10.3 Market Segmentation I 190
10.4 Market Segmentation II 191
10.5 Five Forces Analysis 192
10.6 Leading Companies 198
10.7 Market Forecasts 209
10.8 Macroeconomic Indicators 210
CHAPTER 11 APPENDIX 211
11.1 Data Research Methodology 211
LIST OF TABLES
Table 1: G8 Hotels & Motels industry, revenue ($ bn), 2004–13 20
Table 2: G8 Hotels & Motels industry, revenue by country ($ bn) 2004–2008(e) 22
Table 3: G8 Hotels & Motels industry forecast, revenue by country ($ bn) 2008–2013 24
Table 4: Canada Hotels & Motels Industry Value: $ billion, 2004-2008 26
Table 5: Canada Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 27
Table 6: Canada Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 28
Table 7: Key Facts: Wyndham Worldwide 35
Table 8: Key Financials: Wyndham Worldwide 37
Table 9: Key Facts: Hilton Hotels Corporation 38
Table 10: Key Financials: Hilton Hotels Corporation 40
Table 11: Key Facts: Best Western International 41
Table 12: Key Financials: Best Western International 42
Table 13: Key Facts: Choice Hotels International, Inc. 43
Table 14: Key Financials: Choice Hotels International, Inc. 45
Table 15: Canada Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 46
Table 16: Canada Size of Population (million) , 2004-2008 47
Table 17: Canada GDP (Constant 2000 Prices, $ billion), 2004-2008 47
Table 18: Canada Inflation, 2004-2008 48
Table 19: Canada Exchange Rate, 2004-2008 48
Table 20: France Hotels & Motels Industry Value: $ billion, 2004-2008 50
Table 21: France Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 51
Table 22: France Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 52
Table 23: Key Facts: ACCOR 59
Table 24: Key Financials: ACCOR 61
Table 25: Key Facts: Choice Hotels International, Inc. 62
Table 26: Key Financials: Choice Hotels International, Inc. 63
Table 27: Key Facts: Rezidor Hotel Group 64
Table 28: Key Financials: Rezidor Hotel Group 65
Table 29: Key Facts: Sol Melia S A 66
Table 30: Key Financials: Sol Melia S A 68
Table 31: France Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 69
Table 32: France Size of Population (million) , 2004-2008 70
Table 33: France GDP (Constant 2000 Prices, $ billion), 2004-2008 70
Table 34: France Inflation, 2004-2008 71
Table 35: France Exchange Rate, 2004-2008 71
Table 36: Germany Hotels & Motels Industry Value: $ billion, 2004-2008 73
Table 37: Germany Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 74
Table 38: Germany Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 75
Table 39: Key Facts: ACCOR 83
Table 40: Key Financials: ACCOR 86
Table 41: Key Facts: NH Hoteles SA 87
Table 42: Key Financials: NH Hoteles SA 88
Table 43: Key Facts: Choice Hotels International, Inc. 89
Table 44: Key Financials: Choice Hotels International, Inc. 91
Table 45: Key Facts: Marriott International 92
Table 46: Key Financials: Marriott International, Inc. 94
Table 47: Germany Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 95
Table 48: Germany Size of Population (million) , 2004-2008 96
Table 49: Germany GDP (Constant 2000 Prices, $ billion), 2004-2008 96
Table 50: Germany Inflation, 2004-2008 97
Table 51: Germany Exchange Rate, 2004-2008 97
Table 52: Italy Hotels & Motels Industry Value: $ billion, 2004-2008 99
Table 53: Italy Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 100
Table 54: Italy Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 101
Table 55: Key Facts: NH Hoteles SA 108
Table 56: Key Financials: NH Hoteles SA 109
Table 57: Key Facts: ACCOR 110
Table 58: Key Financials: ACCOR 112
Table 59: Key Facts: Jolly Hotels SpA 113
Table 60: Key Financials: Jolly Hotels SpA 114
Table 61: Key Facts: Sol Melia S A 115
Table 62: Key Financials: Sol Melia S A 117
Table 63: Italy Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 118
Table 64: Italy Size of Population (million) , 2004-2008 119
Table 65: Italy GDP (Constant 2000 Prices, $ billion), 2004-2008 119
Table 66: Italy Inflation, 2004-2008 120
Table 67: Italy Exchange Rate, 2004-2008 120
Table 68: Japan Hotels & Motels Industry Value: $ billion, 2004-2008 122
Table 69: Japan Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 123
Table 70: Japan Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 124
Table 71: Key Facts: ResortTrust, Inc. 131
Table 72: Key Facts: Choice Hotels International, Inc. 132
Table 73: Key Financials: Choice Hotels International, Inc. 134
Table 74: Key Facts: Fujita Kanko 135
Table 75: Key Facts: New Otani Co., Ltd. 136
Table 76: Japan Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 137
Table 77: Japan Size of Population (million) , 2004-2008 138
Table 78: Japan GDP (Constant 2000 Prices, $ billion), 2004-2008 138
Table 79: Japan Inflation, 2004-2008 139
Table 80: Japan Exchange Rate, 2004-2008 139
Table 81: Russia Hotels & Motels Industry Value: $ billion, 2004-2008 141
Table 82: Russia Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 142
Table 83: Russia Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 143
Table 84: Key Facts: Rezidor Hotel Group 150
Table 85: Key Financials: Rezidor Hotel Group 151
Table 86: Key Facts: Marriott International, Inc. 152
Table 87: Key Financials: Marriott International, Inc. 154
Table 88: Key Facts: ACCOR 155
Table 89: Key Financials: ACCOR 158
Table 90: Key Facts: Hilton Hotels Corporation 159
Table 91: Key Financials: Hilton Hotels Corporation 161
Table 92: Russia Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 162
Table 93: Russia Size of Population (million) , 2004-2008 163
Table 94: Russia GDP (Constant 2000 Prices, $ billion), 2004-2008 163
Table 95: Russia Inflation, 2004-2008 164
Table 96: Russia Exchange Rate, 2004-2008 164
Table 97: United Kingdom Hotels & Motels Industry Value: $ billion, 2004-2008 166
Table 98: United Kingdom Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 167
Table 99: United Kingdom Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 168
Table 100: Key Facts: Whitbread PLC 175
Table 101: Key Financials: Whitbread PLC 176
Table 102: Key Facts: InterContinental Hotels Group PLC 177
Table 103: Key Financials: InterContinental Hotels Group PLC 178
Table 104: Key Facts: Choice Hotels International, Inc. 179
Table 105: Key Financials: Choice Hotels International, Inc. 181
Table 106: Key Facts: ACCOR 182
Table 107: Key Financials: ACCOR 184
Table 108: United Kingdom Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 185
Table 109: United Kingdom Size of Population (million) , 2004-2008 186
Table 110: United Kingdom GDP (Constant 2000 Prices, $ billion), 2004-2008 186
Table 111: United Kingdom Inflation, 2004-2008 187
Table 112: United Kingdom Exchange Rate, 2004-2008 187
Table 113: United States Hotels & Motels Industry Value: $ billion, 2004-2008 189
Table 114: United States Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 190
Table 115: United States Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 191
Table 116: Key Facts: Wyndham Worldwide 198
Table 117: Key Financials: Wyndham Worldwide 200
Table 118: Key Facts: Choice Hotels International, Inc. 201
Table 119: Key Financials: Choice Hotels International, Inc. 203
Table 120: Key Facts: InterContinental Hotels Group PLC 204
Table 121: Key Financials: InterContinental Hotels Group PLC 205
Table 122: Key Facts: Marriott International 206
Table 123: Key Financials: Marriott International 208
Table 124: United States Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 209
Table 125: United States Size of Population (million) , 2004-2008 210
Table 126: United States GDP (Constant 2000 Prices, $ billion), 2004-2008 210
Table 127: United States Inflation, 2004-2008 210
LIST OF FIGURES
Figure 1: G8 Hotels & Motels industry, revenue ($ bn) 2004–2013 20
Figure 2: G8 Hotels & Motels industry, revenue by country (%) 2004–2013 21
Figure 3: G8 Hotels & Motels industry, revenue by country ($ bn) 2004–2008(e) 22
Figure 4: G8 Hotels & Motels industry forecast, revenue by country ($ bn) 2008–2013 23
Figure 5: Canada Hotels & Motels Industry Value: $ billion, 2004-2008 26
Figure 6: Canada Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 27
Figure 7: Canada Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 28
Figure 8: Forces Driving Competition in the Hotels & Motels Industry in Canada 29
Figure 9: Drivers of Buyer Power in the Hotels & Motels Industry in Canada 30
Figure 10: Drivers of Supplier Power in the Hotels & Motels Industry in Canada 31
Figure 11: Factors Influencing the Likelihood of New Entrants in the Hotels & Motels Industry in Canada 32
Figure 12: Factors Influencing the Threat of Substitutes in the Hotels & Motels Industry in Canada 33
Figure 13: Drivers of Degree of Rivalry in the Hotels & Motels Industry in Canada 34
Figure 14: Revenues & Profitability: Wyndham Worldwide 37
Figure 15: Revenues & Profitability: Hilton Hotels Corporation 40
Figure 16: Revenues & Profitability: Best Western International 42
Figure 17: Revenues & Profitability: Choice Hotels International, Inc. 45
Figure 18: Canada Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 46
Figure 19: France Hotels & Motels Industry Value: $ billion, 2004-2008 50
Figure 20: France Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 51
Figure 21: France Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 52
Figure 22: Forces Driving Competition in the Hotels & Motels Industry in France 53
Figure 23: Drivers of Buyer Power in the Hotels & Motels Industry in France 54
Figure 24: Drivers of Supplier Power in the Hotels & Motels Industry in France 55
Figure 25: Factors Influencing the Likelihood of New Entrants in the Hotels & Motels Industry in France 56
Figure 26: Factors Influencing the Threat of Substitutes in the Hotels & Motels Industry in France 57
Figure 27: Drivers of Degree of Rivalry in the Hotels & Motels Industry in France 58
Figure 28: Revenues & Profitability: ACCOR 61
Figure 29: Revenues & Profitability: Choice Hotels International, Inc. 63
Figure 30: Revenues & Profitability: Rezidor Hotel Group 65
Figure 31: Revenues & Profitability: Sol Melia S A 68
Figure 32: France Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 69
Figure 33: Germany Hotels & Motels Industry Value: $ billion, 2004-2008 73
Figure 34: Germany Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 74
Figure 35: Germany Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 75
Figure 36: Forces Driving Competition in the Hotels & Motels Industry in Germany 76
Figure 37: Drivers of Buyer Power in the Hotels & Motels Industry in Germany 77
Figure 38: Drivers of Supplier Power in the Hotels & Motels Industry in Germany 78
Figure 39: Factors Influencing the Likelihood of New Entrants in the Hotels & Motels Industry in Germany 79
Figure 40: Factors Influencing the Threat of Substitutes in the Hotels & Motels Industry in Germany 81
Figure 41: Drivers of Degree of Rivalry in the Hotels & Motels Industry in Germany 82
Figure 42: Revenues & Profitability: ACCOR 86
Figure 43: Revenues & Profitability: NH Hoteles SA 88
Figure 44: Revenues & Profitability: Choice Hotels International, Inc. 91
Figure 45: Revenues & Profitability: Marriott International, Inc. 94
Figure 46: Germany Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 95
Figure 47: Italy Hotels & Motels Industry Value: $ billion, 2004-2008 99
Figure 48: Italy Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 100
Figure 49: Italy Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 101
Figure 50: Forces Driving Competition in the Hotels & Motels Industry in Italy 102
Figure 51: Drivers of Buyer Power in the Hotels & Motels Industry in Italy 103
Figure 52: Drivers of Supplier Power in the Hotels & Motels Industry in Italy 104
Figure 53: Factors Influencing the Likelihood of New Entrants in the Hotels & Motels Industry in Italy 105
Figure 54: Factors Influencing the Threat of Substitutes in the Hotels & Motels Industry in Italy 106
Figure 55: Drivers of Degree of Rivalry in the Hotels & Motels Industry in Italy 107
Figure 56: Revenues & Profitability: NH Hoteles SA 109
Figure 57: Revenues & Profitability: ACCOR 112
Figure 58: Revenues & Profitability: Jolly Hotels SpA 114
Figure 59: Revenues & Profitability: Sol Melia S A 117
Figure 60: Italy Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 118
Figure 61: Japan Hotels & Motels Industry Value: $ billion, 2004-2008 122
Figure 62: Japan Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 123
Figure 63: Japan Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 124
Figure 64: Forces Driving Competition in the Hotels & Motels Industry in Japan 125
Figure 65: Drivers of Buyer Power in the Hotels & Motels Industry in Japan 126
Figure 66: Drivers of Supplier Power in the Hotels & Motels Industry in Japan 127
Figure 67: Factors Influencing the Likelihood of New Entrants in the Hotels & Motels Industry in Japan 128
Figure 68: Factors Influencing the Threat of Substitutes in the Hotels & Motels Industry in Japan 129
Figure 69: Drivers of Degree of Rivalry in the Hotels & Motels Industry in Japan 130
Figure 70: Revenues & Profitability: Choice Hotels International, Inc. 134
Figure 71: Japan Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 137
Figure 72: Russia Hotels & Motels Industry Value: $ billion, 2004-2008 141
Figure 73: Russia Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 142
Figure 74: Russia Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 143
Figure 75: Forces Driving Competition in the Hotels & Motels Industry in Russia 144
Figure 76: Drivers of Buyer Power in the Hotels & Motels Industry in Russia 145
Figure 77: Drivers of Supplier Power in the Hotels & Motels Industry in Russia 146
Figure 78: Factors Influencing the Likelihood of New Entrants in the Hotels & Motels Industry in Russia 147
Figure 79: Factors Influencing the Threat of Substitutes in the Hotels & Motels Industry in Russia 148
Figure 80: Drivers of Degree of Rivalry in the Hotels & Motels Industry in Russia 149
Figure 81: Revenues & Profitability: Rezidor Hotel Group 151
Figure 82: Revenues & Profitability: Marriott International, Inc. 154
Figure 83: Revenues & Profitability: ACCOR 158
Figure 84: Revenues & Profitability: Hilton Hotels Corporation 161
Figure 85: Russia Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 162
Figure 86: United Kingdom Hotels & Motels Industry Value: $ billion, 2004-2008 166
Figure 87: United Kingdom Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 167
Figure 88: United Kingdom Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 168
Figure 89: Forces Driving Competition in the Hotels & Motels Industry in the United Kingdom 169
Figure 90: Drivers of Buyer Power in the Hotels & Motels Industry in the United Kingdom 170
Figure 91: Drivers of Supplier Power in the Hotels & Motels Industry in the United Kingdom 171
Figure 92: Factors Influencing the Likelihood of New Entrants in the Hotels & Motels Industry in the United Kingdom 172
Figure 93: Factors Influencing the Threat of Substitutes in the Hotels & Motels Industry in the United Kingdom 173
Figure 94: Drivers of Degree of Rivalry in the Hotels & Motels Industry in the United Kingdom 174
Figure 95: Revenues & Profitability: Whitbread PLC 176
Figure 96: Revenues & Profitability: InterContinental Hotels Group PLC 178
Figure 97: Revenues & Profitability: Choice Hotels International, Inc. 181
Figure 98: Revenues & Profitability: ACCOR 184
Figure 99: United Kingdom Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 185
Figure 100: United States Hotels & Motels Industry Value: $ billion, 2004-2008 189
Figure 101: United States Hotels & Motels Industry Segmentation I: % Share, by Value, 2008 190
Figure 102: United States Hotels & Motels Industry Segmentation II: % Share, by Value, 2008 191
Figure 103: Forces Driving Competition in the Hotels & Motels Industry in the United States 192
Figure 104: Drivers of Buyer Power in the Hotels & Motels Industry in the United States 193
Figure 105: Drivers of Supplier Power in the Hotels & Motels Industry in the United States 194
Figure 106: Factors Influencing the Likelihood of New Entrants in the Hotels & Motels Industry in the United States 195
Figure 107: Factors Influencing the Threat of Substitutes in the Hotels & Motels Industry in the United States 196
Figure 108: Drivers of Degree of Rivalry in the Hotels & Motels Industry in the United States 197
Figure 109: Revenues & Profitability: Wyndham Worldwide 200
Figure 110: Revenues & Profitability: Choice Hotels International, Inc. 203
Figure 111: Revenues & Profitability: InterContinental Hotels Group PLC 205
Figure 112: Revenues & Profitability: Marriott International 208
Figure 113: United States Hotels & Motels Industry Value Forecast: $ billion, 2008-2013 209
