Travel accommodation in Switzerland registered marginally positive current value growth in 2013, with value sales in the category remaining on CHF5.5 billion over the course of the year. While other travel accommodation registered positive value growth, increasing in current value by 2% during 2013, hotels recorded marginally positive current value growth, remaining on CHF5.2 billion. Chained hotels increased in current value by 1% in 2013, while independent hotels registered marginally positive current value growth, a situation which can be attributed mainly to the relatively high average ADR in hotels in Switzerland, which stood at CHF188 in 2013.
Industry Prospects
Overall, travel accommodation is expected to increase in value at a CAGR of 1% in constant 2013 terms over the forecast period, a superior performance to the value CAGR of -1% registered in the category in constant 2013 terms over the entire review period. While hotels is set to continue counting for the vast majority of travel accommodation value sales, growth in other travel accommodation is expected to increase in value at a CAGR of 2% in constant 2013 terms over the forecast period, outpacing growth in hotels and further pushing overall travel accommodation value sales.
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Report Overview
Discover the latest market trends and uncover sources of future market growth for the Travel Accommodation industry in Switzerland 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 Switzerland, our research will save you time and money while empowering you to make informed, profitable decisions.
The Travel Accommodation in Switzerland 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 Switzerland?
* What are the major brands in Switzerland?
* 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
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New Report Available: Travel Accommodation in Switzerland
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Contact Name: Bill Thompson
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Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001