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Hotel industry

Research guide

Published: 01 May 2018 Updated: 01 Dec 2020 Update History

Exclusive content
Access to our exclusive resources is for specific groups of students, members and subscribers.
Contents

Use our industry guide to find key background information, market research, import and export guidelines, statistics, legislation, trade bodies and trade publications.

The Business & Industry Guides series is produced by the Library & Information Service for ICAEW members and ACA students.

We can compile tailored key players reports, mailing lists, market reports, benchmarking reports and industry news. Our enquiry team can also research other industry-specific information, such as taxation, for you. Call us on +44 (0)20 7920 8620 or email library@icaew.com.

Trends and forecasts

BDO

Hotel Britain 2022
BDO publishes an annual report on performance and trends in the UK national and regional hotel markets with detailed analysis and commentary. Registration is required to download the latest report.

PwC

UK hotels forecast 2021 - 2022
Forecast from PwC for UK hotels which includes an outlook for London and the UK regions and opportunities for hoteliers and investors in 2021 and beyond. Registration is required to download the report.

PwC produce a number of other regular reports and forecasts on the hospitality and lodging sector, including:

Other sources

Hotel Yearbook
Annual publication where industry experts share their views on the key trends and developments affecting the hotel industry. Special editions are also available focusing on themes such as as technology, talent development and digital marketing. Free registration is required.

Property Information Portal
Property information portal from CBRE Hotels' Americas Research containing news and analysis for the lodging industry. Forecasts and benchmarking reports for the US lodging industry are also available to purchase.

Market research

Market research reports focusing on this business sector are available from a number of market research specialists. In most cases these reports are available to fee-paying subscribers or on a pay-as-you-go basis. 

Some free information is available from the following market research specialists, ranging from industry news to executive summaries of the reports.

Euromonitor
A full listing of reference products and research reports for the travel and tourism industry from Euromonitor, with a range of global, country and company level reports. Each report provides a contents listing and a useful executive summary reporting on the key trends in each country report.

IBISWorld
Business and industry research specialists offering reports on a wide range of sectors, including hotels and motels. Report snapshots, table of contents and a sample report are available. The company also produces global industry research reports.

Mintel
A full listing of reports covering the accommodation and hotel industry with the option to view the executive summary and a table of contents for each report.

Industry news

The Library can carry out industry news searches for ICAEW members and ACA students.

Statistics on the UK

Office for National Statistics

The Annual Business Survey (ABS) from the Office for National Statistics collects financial information covering UK production, construction, distribution and service industries. Statistics available include:

  • number of enterprises;
  • total turnover;
  • approximate gross value added at basic prices;
  • total purchases of goods, materials and services;
  • total employment – average during the year;
  • total employment costs;
  • total net capital expenditure;
  • total net capital expenditure – acquisitions;
  • total net capital expenditure – disposals;
  • total stocks and work in progress – value at end of year;
  • total stocks and work in progress – value at beginning of year;
  • total stocks and work in progress – increase during year.

The dataset Non-financial business economy, UK: Sections A to S includes statistics for:

  • Hotels (55.1)
    See Section I: Accommodation and food service activities

Statistics on Europe

Eurostat

Eurostat, the EU statistics hub, collates detailed Structural Business Statistics giving the latest figures for industry, construction, trade and services by sector and country. The indicators available include:

  • number of enterprises
  • turnover or gross premiums written
  • production value
  • value added at factor cost
  • gross operating surplus
  • wages and salaries
  • social security costs
  • gross investment in tangible goods
  • gross investment in land
  • gross investment in existing buildings and structures
  • gross investment in construction and alteration of buildings
  • gross investment in machinery and equipment
  • number of employees
  • number of persons employed per enterprise.

Statistics within the database are available for:

  • Hotels and similar accommodation (I551)
    See database section ‘SBS – services’

Statistics on the Americas

American Hotel and Lodging Association

The American Hotel and Lodging Association commissioned an economic impact analysis of the US hotel and lodging industry in 2016 which was conducted by Oxford Economics. Includes industry metrics going back to 1998 covering hotel output, labor income, employment, capital investment, number of properties, number of guestrooms, occupied rooms, occupancy rate, average daily rate, wage and salary income, wage and salary employment and proprietors' income.

Employment

UK

Average employment costs within this sector are available from Table 14 of the Office for National Statistics publication Annual Survey of Hours and Earnings (ASHE). Average employment costs are provided for full-time employees, part-time employees and all employees.

The data includes average employment costs for:

  • hotel and accommodation managers;
  • hotel porters; and
  • waiters/waitresses.

Other regions

Please see individual country profile pages for links to sources of national statistics.

Legislation and regulation

UK

The Health and Safety Executive (HSE) has a section on health and safety in catering and hospitality, which includes latest regulations affecting this industry.

Practical resources and guidance

Working safely during coronavirus: Hotels and other guest accommodation
Guidance from GOV.UK for those who work in or run hotels and other guest accommodation in England on how to open workplaces safely while minimising the risk of spreading COVID-19.

UK business guides

The Library can supply business guides on this sector to ICAEW members and students.

UK key players, ratios and trends

Summaries of the three types of report we can produce are given below. You can find further information, a sample report, pricing details and an online order form on our industry sector reports page.

We also operate a bespoke reports service with results tailored to your specifications. Please contact our enquiry team on +44 (0)20 7920 8620 or at library@icaew.com to discuss your requirements.

Key players report

Our key players report looks at the top companies (by turnover) in any one of the segments within this sector. Reports usually include the top 100 companies but in more specialised sectors with fewer than 100 companies we show all companies with disclosed figures. The reports provide data on 11 comparative fields for the last available year, including:

  • turnover;
  • profit margins;
  • returns on shareholder funds;
  • solvency ratios
  • number of employees.

Our reports enable easy comparison of the top companies in this sector against each other and against the sector median, average and standard deviation in each of the 11 fields.

Mailing list

A separate mailing list report is also available with address and contact details for the top companies in any of the segments within this sector.

Market reports

Our market reports look at the aggregated data for the top companies (by turnover) for any of the segments within this sector across all the fields usually found in a company report. The reports include data for the last 10 years* and enables easy comparison of trends for the whole sector. Reports usually include the top 100 companies but in more specialised sectors with fewer than 100 companies we show all companies with disclosed figures.

*Please note the number of companies for which data is aggregated will vary for any given year.

The market reports include sections on:

  • key financials and employees;
  • profit and loss account;
  • balance sheet;
  • cash flow statement;
  • financial ratios;
  • financial trends and changes;
  • profitability trends and changes.

Trade bodies

The websites of trade bodies in this sector are a useful source of industry overviews, contacts and statistics.

UK

Europe

Americas

Global

The International Hotel & Restaurant Association provide a list of partner organisations, which include many major hotel and hospitality associations internationally.

Trade journals and publications

Trade journals, B2B magazines and specialist consumer magazines are another useful source of news and statistics.

Further reading

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans.

You can obtain copies of articles or extracts of books and reports by post or email through our document supply service.

Can't find what you're looking for?

The ICAEW Library can give you the right information from trustworthy, professional sources that aren't freely available online. Contact us for expert help with your enquiries and research.

Every effort has been made to ensure that the information given in this Business & Industry Guide is correct. However, the content of websites changes frequently and users should satisfy themselves that the information they contain is suitable for the purposes for which they wish to use it. We would be grateful to receive notification of any broken links at library@icaew.com.

Disclaimer

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