According to the study, Increasing Digitization of Services and Online Booking on Apps and Websites
is one of the primary growth factors for the market. Increasing use of Chain Hotel in Urban, Airport, Resorts and other Industries
is also expected to contribute significantly to the Chain Hotel market. Overall, applications of Chain Hotel, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Marriott International (United States), Hilton Worldwide (United States), InterContinental Hotels Group (United Kingdom), Jin Jiang International (China), Wyndham Hotels and Resorts (United States), AccorHotels (France), Choice Hotels (United States), Home Inns Group (China), China Lodging Group (China) and Best Western Hotels (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Chain Hotel market identified that the demand is rising in many different parts of the world as "Larger Hotel Groups tend to Offer more Training". Furthermore, some recent industry insights like "" is constantly making the industry dynamic. One of the challenges that industry facing is "Maintaining the Brand Image and Service and Complexity in Management"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Chain Hotel market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Chain Hotel market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Chain Hotel market tight? Which application/end-user category or Product Type [Resorts, B&BS, Hostels, Motels and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Chain Hotel market and other related sub-markets covered in the study.
o Key & emerging players in the Chain Hotel market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Chain Hotel market size is calculated using market estimation process, the Chain Hotel market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Chain Hotel market size has been validated using both top-down and bottom-up approaches.