Boston, MA -- (SBWIRE) -- 10/08/2014 -- Overall travel accommodation recorded a positive year in 2013 as key metrics across the board showed growth. The rise was caused by an increase of 3% in domestic flows and inbound arrivals. Spending on accommodations was up higher for both categories; domestic expenditure on accommodation rose by 4% and foreign incoming expenditures rose by 7% after 13% growth in 2012.

Industry Prospects

Travel accommodation is expected to perform admirably over the forecast period driven by a CAGR of 2% in bed nights. Both business and leisure travel are expected to contribute to this growth as companies and travellers loosen their wallets in response to a slowly improving economic situation. The rise of private accommodation will allow some lower-income travellers concerned about price to increase the number of trips or length of trips they will take.

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Report Overview

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

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

The Travel Accommodation in USA 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 USA?
- What are the major brands in USA?
- 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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