Hotel is a commercial establishment providing paid lodging on a short-term basis. As a rule, hotels provide some extra facilities to their clients: restaurants, public bars, meeting rooms, fitness centers, swimming pools, etc. Hotels are classified according to their size, number of rooms, location, available services and facilities, ownership and target markets into a horde of categories: conference and resort, historic inns and boutique, world class/mid-range/economy limited service, extended stay, business, timeshare, destination club, floating, independent and chain hotels, etc. Most hotels are situated close to tourism destinations. Europe and North America account for the largest chunks of the hotels market.
The hotels market is strongly dependent on the extensive range of social, economic, geopolitical and demographic factors, but the top ones are the international passenger traffic and clients’ disposable income. The global economic slump provoked a decline in the industry’s revenues given the customers’ cutbacks in expenditures. The Venetian & The Palazzo, Izmailovo Hotel, MGM Grand Las Vegas, Disney's All-Star Resort and Ambassador City Jomtien are amid the largest hotels across the globe.
The catalogue offers a wealth of research reports scrutinizing the hotels market. The research studies reveal information on the hotels market value, dynamics, drivers and limiters; outline market threat and opportunities. The reports review the competitive landscape and identify top companies. In addition, the future prospects for the market are canvessed in the research reports.
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