u.s. hotel market

U.S. Hotel Market from B2B Corporate Spending - Industry Trends and Forecast to 2029

  • Published Date: 2022-12-22
  • Report ID: 143239
  • Pages: 225
  • Format: prudent report format

Short Description
U.S Hotel Market from B2B Corporate Spending, By Chain (Luxury, Upper Upscale, Upscale, Upper Midscale, Midscale, and Economy), Domain (International and Domestic), Sector (BFSI, Manufacturing, Healthcare, IT Services, Government, and Others), Booking Channel (Direct Bookings, Online Travel Agencies (OTAS), and Travel Management Companies (TMC)), Country (U.S.) Industry Trends and Forecast to 2029

Market Definition
B2B corporate spending in hotels can be defined as spending on events such as gatherings organized by business owners in hotels to focus on employees and customers and further strengthen the clientele, as well as stays for company employees in various events. Various businesses and corporates organize events for many reasons. They may want to educate, reward, motivate, celebrate, mark key milestones, manage organizational change, or encourage collaboration.
Market Segmentation
The U.S hotel market from B2B corporate spending is segmented into five notable segments based on chain, domain, sector, and booking channel.
Based on chain, the market is segmented into luxury, upper upscale, upscale, upper midscale, midscale, and economy
Based on domain, the market is segmented into international and domestic
Based on sector, the market is segmented into BFSI, manufacturing, healthcare, IT services, government, and others
Based on booking channel, the market is segmented into direct bookings, Online Travel Agencies (OTAS), and Travel Management Companies (TMC)
Market Players
Some of the major players operating in the U.S. hotel market from B2B corporate spending are:
Marriott International Inc.
Hyatt Hotel Corp.
Hilton Worldwide Holdings Inc.
Wyndham Hotels & Resorts Inc.
Radisson Hotel Group
Rosewood Hotel Group


TABLE OF CONTENTS
1 INTRODUCTION 12
1.1 OBJECTIVES OF THE STUDY 12
1.2 MARKET DEFINITION 12
1.3 OVERVIEW OF U.S. HOTEL MARKET FROM B2B CORPORATE SPENDING 12
1.4 LIMITATION 13
1.5 MARKETS COVERED 13
2 MARKET SEGMENTATION 15
2.1 MARKETS COVERED 15
2.2 GEOGRAPHICAL SCOPE 16
2.3 YEARS CONSIDERED FOR THE STUDY 16
2.4 CURRENCY AND PRICING 16
2.5 DBMR TRIPOD DATA VALIDATION MODEL 17
2.6 CHAIN LIFE LINE CURVE 20
2.7 MULTIVARIATE MODELING 21
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 22
2.9 DBMR MARKET CHALLENGE MATRIX 23
2.10 SECONDARY SOURCES 24
2.11 ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 28
4.1 OVERVIEW: U.S. LEISURE SPENDING BY THE CONSUMERS 29
4.2 REGULATORY COVERAGE 30
4.3 U.S. HOTEL MARKET FROM B2B CORPORATE SPENDING: COMPANY LANDSCAPE 31
4.3.1 COMPANY SHARE ANALYSIS: U.S. 31
4.4 U.S. HOTEL MARKET, BRAND SHARE ANALYSIS, 2021, (%) 32
4.4.1 MARRIOTT 32
4.4.2 HYATT 34
4.4.3 HILTON 36
4.4.4 WYNDHAM 38
4.4.5 RADISSON 41
4.4.6 ROSEWOOD 44
4.5 RECENT DEVELOPMENT AND BRAND STRATEGIES 45
4.5.1 HYATT 45
4.5.2 RADDISON 46
4.5.3 MARRIOTT 47
4.5.4 FOUR SEASONS HOTELS AND RESORTS 48
4.5.5 HILTON 49
4.5.6 WYNDHAM HOTELS 50
4.6 CONSUMERS TRENDS/ RESPONSE 51
4.7 U.S. HOTEL MARKET, MARKET ANALYSIS 53
5 U.S. HOTEL MARKET: LUXURY SEGMENT, BRAND SHARE ANALYSIS, 2021, (%) 55
6 U.S. HOTEL MARKET FROM B2B CORPORATE SPENDING, BY CHAIN 56
6.1 OVERVIEW 57
6.2 UPSCALE 58
6.3 UPPER UPSCALE 58
6.4 UPPER MIDSCALE 58
6.5 MIDSCALE 58
6.6 ECONOMY 58
6.7 LUXURY 58
6.7.1 INTERNATIONAL 59
6.7.2 DOMESTIC 59
6.7.2.1 IT SERVICES 59
6.7.2.2 BFSI 60
6.7.2.3 MANUFACTURING 60
6.7.2.4 HEALTHCARE 60
6.7.2.5 GOVERNMENT 60
6.7.2.6 OTHERS 60
6.7.2.6.1 DIRECT BOOKINGS 60
6.7.2.6.2 ONLINE TRAVEL AGENCIES (OTAS) 60
6.7.2.6.3 TRAVEL MANAGEMENT COMPANIES (TMC) 61
7 U.S. HOTEL MARKET FROM B2B CORPORATE SPENDING, BY DOMAIN 62
7.1 OVERVIEW 63
7.2 INTERNATIONAL 64
7.3 DOMESTIC 64
8 U.S. HOTEL MARKET FROM B2B CORPORATE SPENDING, BY SECTOR 65
8.1 OVERVIEW 66
8.2 IT SERVICES 67
8.3 BFSI 67
8.4 MANUFACTURING 67
8.5 HEALTHCARE 67
8.6 GOVERNMENT 67
8.7 OTHERS 67
9 U.S. HOTEL MARKET FROM B2B CORPORATE SPENDING, BY BOOKING CHANNEL 68
9.1 OVERVIEW 69
9.2 DIRECT BOOKINGS 70
9.3 ONLINE TRAVEL AGENCIES (OTAS) 70
9.4 TRAVEL MANAGEMENT COMPANIES (TMC) 70
10 U.S. HOTEL MARKET FROM B2B CORPORATE SPENDING, BY STATE 71
10.1 CALIFORNIA 76
10.2 FLORIDA 79
10.3 NEW YORK 82
10.4 TEXAS 85
10.5 ILLINOIS 88
10.6 GEORGIA 91
10.7 PENNSYLVANIA 94
10.8 OHIO 97
10.9 REST OF U.S. 100
11 SWOT 101
12 QUESTIONNAIRE 102
13 RELATED REPORTS 105
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