The global facility management market for the hotel industry is expected to grow at a CAGR of 4.5% from 2021 to 2030. The market is driven by the increasing demand for hotel services, which in turn leads to an increase in the number of hotels being built and operated globally. The growth of this market is also attributed to the rising demand for luxury hotels, which are more expensive than chain hotels and require more maintenance and service providers.
Some Of The Growth Factors Of This Market:
- The hotel industry is a large and growing market with an estimated $500 billion in annual revenue.
- The hotel industry is a global market, with the United States accounting for about one-third of the total revenue.
- Hotel chains are expanding globally to meet demand for international travel and tourism, which has been increasing steadily since the 2008 recession.
- Hotel chains are also expanding domestically to meet demand from domestic travelers who have more disposable income than they did before the recession, as well as from business travelers who are spending more on hotels because of increased competition among airlines and other transportation providers that have reduced their prices in response to lower fuel costs and higher passenger traffic volumes following terrorist attacks in Europe and elsewhere around the world during 2016-2017.
- Hotels are investing heavily in new technology such as mobile apps that allow guests to book rooms without having to call or go online.
Industry Growth Insights published a new data on “Facility Management for the Hotel Industry Market”. The research report is titled “Facility Management for the Hotel Industry Market research by Types (Interior Cleaning, Catering, Gardening, Others, ), By Applications (Luxury Hotel, Chain Hotel, Others, ), By Players/Companies ISS World Services, Mitie Group PLC, Ecolab USA, ABM, OCS Group, Jones Lang LaSalle, Aramark, Founders3 Real Estate, Medxcel, Sodexo, Vanguard Resources, Compass Group, ”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Facility Management for the Hotel Industry Market Research Report
By Type
Interior Cleaning, Catering, Gardening, Others,
By Application
Luxury Hotel, Chain Hotel, Others,
By Companies
ISS World Services, Mitie Group PLC, Ecolab USA, ABM, OCS Group, Jones Lang LaSalle, Aramark, Founders3 Real Estate, Medxcel, Sodexo, Vanguard Resources, Compass Group,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Facility Management for the Hotel Industry Market Report Segments:
The global Facility Management for the Hotel Industry market is segmented on the basis of:
Types
Interior Cleaning, Catering, Gardening, Others,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Luxury Hotel, Chain Hotel, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ISS World Services
- Mitie Group PLC
- Ecolab USA
- ABM
- OCS Group
- Jones Lang LaSalle
- Aramark
- Founders3 Real Estate
- Medxcel
- Sodexo
- Vanguard Resources
- Compass Group
Highlights of The Facility Management for the Hotel Industry Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Interior Cleaning
- Catering
- Gardening
- Others
- By Application:
- Luxury Hotel
- Chain Hotel
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Facility Management for the Hotel Industry Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Facility management for the hotel industry is the coordination and oversight of all aspects of a hotel's physical plant, from maintenance to renovation. It includes ensuring that all areas of the property are in compliance with safety and sanitation regulations, as well as maintaining a clean and comfortable environment for guests. Facility managers also work to ensure that guest needs are met, such as by stocking adequate supplies of food and beverages, arranging room service menus according to preferences, and providing information about local attractions.
Some of the major companies in the facility management for the hotel industry market are ISS World Services, Mitie Group PLC, Ecolab USA, ABM, OCS Group, Jones Lang LaSalle, Aramark, Founders3 Real Estate, Medxcel, Sodexo, Vanguard Resources, Compass Group.
The facility management for the hotel industry market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Facility Management for the Hotel Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Facility Management for the Hotel Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Facility Management for the Hotel Industry Market - Supply Chain
4.5. Global Facility Management for the Hotel Industry Market Forecast
4.5.1. Facility Management for the Hotel Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Facility Management for the Hotel Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Facility Management for the Hotel Industry Market Absolute $ Opportunity
5. Global Facility Management for the Hotel Industry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Facility Management for the Hotel Industry Market Size and Volume Forecast by Type
5.3.1. Interior Cleaning
5.3.2. Catering
5.3.3. Gardening
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Facility Management for the Hotel Industry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Facility Management for the Hotel Industry Market Size and Volume Forecast by Application
6.3.1. Luxury Hotel
6.3.2. Chain Hotel
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Facility Management for the Hotel Industry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Facility Management for the Hotel Industry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Facility Management for the Hotel Industry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Facility Management for the Hotel Industry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Facility Management for the Hotel Industry Demand Share Forecast, 2019-2026
9. North America Facility Management for the Hotel Industry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Facility Management for the Hotel Industry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Facility Management for the Hotel Industry Market Size and Volume Forecast by Application
9.4.1. Luxury Hotel
9.4.2. Chain Hotel
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Facility Management for the Hotel Industry Market Size and Volume Forecast by Type
9.7.1. Interior Cleaning
9.7.2. Catering
9.7.3. Gardening
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Facility Management for the Hotel Industry Demand Share Forecast, 2019-2026
10. Latin America Facility Management for the Hotel Industry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Facility Management for the Hotel Industry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Facility Management for the Hotel Industry Market Size and Volume Forecast by Application
10.4.1. Luxury Hotel
10.4.2. Chain Hotel
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Facility Management for the Hotel Industry Market Size and Volume Forecast by Type
10.7.1. Interior Cleaning
10.7.2. Catering
10.7.3. Gardening
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Facility Management for the Hotel Industry Demand Share Forecast, 2019-2026
11. Europe Facility Management for the Hotel Industry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Facility Management for the Hotel Industry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Facility Management for the Hotel Industry Market Size and Volume Forecast by Application
11.4.1. Luxury Hotel
11.4.2. Chain Hotel
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Facility Management for the Hotel Industry Market Size and Volume Forecastby Type
11.7.1. Interior Cleaning
11.7.2. Catering
11.7.3. Gardening
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Facility Management for the Hotel Industry Demand Share, 2019-2026
12. Asia Pacific Facility Management for the Hotel Industry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Facility Management for the Hotel Industry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Facility Management for the Hotel Industry Market Size and Volume Forecast by Application
12.4.1. Luxury Hotel
12.4.2. Chain Hotel
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Facility Management for the Hotel Industry Market Size and Volume Forecast by Type
12.7.1. Interior Cleaning
12.7.2. Catering
12.7.3. Gardening
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Facility Management for the Hotel Industry Demand Share, 2019-2026
13. Middle East & Africa Facility Management for the Hotel Industry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Facility Management for the Hotel Industry Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Facility Management for the Hotel Industry Market Size and Volume Forecast by Application
13.4.1. Luxury Hotel
13.4.2. Chain Hotel
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Facility Management for the Hotel Industry Market Size and Volume Forecast by Type
13.7.1. Interior Cleaning
13.7.2. Catering
13.7.3. Gardening
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Facility Management for the Hotel Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Facility Management for the Hotel Industry Market: Market Share Analysis
14.2. Facility Management for the Hotel Industry Distributors and Customers
14.3. Facility Management for the Hotel Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ISS World Services
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mitie Group PLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ecolab USA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ABM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OCS Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jones Lang LaSalle
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aramark
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Founders3 Real Estate
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Medxcel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sodexo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Vanguard Resources
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Compass Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook