B2B drives market demand, with B2B spending representing 59.4% of total demand in 2024. Westmont Hospitality Group Inc is the largest company in Canada, generating 15.1% of the industry’s total turnover value in 2024. The industry is fragmented, with the top five companies generating 23.6% of total production value in 2024. The total number of companies increases in 2024, to 22,236 units. The costs of the industry decrease by 0.3% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 12.4% of turnover in 2024, the 18th highest across the top 20 developed countries. With turnover of USD24.5 billion, Canada accounts for 6.9% of the North America total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Hotels and Camping Sites in Canada: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in Canada: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Hotels and Restaurants in Canada report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Hotels and Restaurants?
- How the Hotels and Restaurants will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Hotels and Camping Sites in Canada: ISIC 551
HEADLINES
Hotels and Restaurants
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.
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- Understand future opportunities and threats within the industry
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