Boston, MA -- (SBWIRE) -- 11/06/2014 -- Hotels registered a 2% increase in current value sales in 2013 to reach ?2.1 trillion. Many hotels also witnessed growth in occupancy and average daily room rates, largely due to strong demand from both domestic and international travellers.

Industry Prospects

The outlook for travel accommodation in Japan is positive in the forecast period, especially as Tokyo has been chosen as the host city for the 2020 Summer Olympic Games and Paralympics. Value sales at constant 2013 prices are expected to grow by a 1% CAGR over the forecast period. Hotels is projected to record faster retail value sales growth than ?other? travel accommodation overall, due to the hotel building rush ahead of 2020.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Travel Accommodation industry in Japan with research from Euromonitor's team of in-country analysts.

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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 Japan, our research will save you time and money while empowering you to make informed, profitable decisions.

The Travel Accommodation in Japan 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 Japan?
- What are the major brands in Japan?
- 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
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Travel Accommodation by Category, Travel Accommodation by Channel.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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