DUBLIN--(BUSINESS WIRE)--
Research and Markets (http://www.researchandmarkets.com/research/54twnr/business_opportuni) has announced the addition of the "Business Opportunities in the Leisure and Hospitality Buildings Construction Industry in BRIC" report to their offering.
China has the largest leisure and hospitality buildings (including outdoor leisure facilities) sector among the BRIC countries, followed by India, Russia and Brazil. The refurbishment of existing hotels to meet demand during sporting events such as the 2014 FIFA World Cup and the 2016 Olympic Games is expected to be a key trend in the Brazilian hotel industry. The Brazilian leisure and hospitality buildings (including outdoor leisure facilities) construction sector grew at a CAGR of 21.17% during the review period, and is projected to grow at a CAGR of 10.59% over the forecast period.
The major forces driving hotel development in Russia include the upcoming international sporting events taking place in the country. The country currently suffers from a severe undersupply of budget hotels, which has resulted in high room rates compared to the European average.
The growth of the Indian hospitality industry is expected to come from tier-two and tier-three cities. The 45 cities of India with populations of over one million have the most growth potential in the hospitality sector, and major hotel brands are investing in new proprieties in both metro and non-metro cities.
An increasingly competitive market, high property prices, a limited choice of prime locations and high labor costs in tier-one Chinese cities is encouraging investors in hospitality and leisure to expand their presence into tier-two and tier-three cities.
Scope:
This report provides a comprehensive analysis of leisure and hospitality buildings construction market in the BRIC countries:
- Provides historical values for the BRIC leisure and hospitality buildings construction market for the report's 2007-2011 review period and forecast figures for the 2012-2016 forecast period
- Offers a detailed analysis of market size by cost type and by construction activity
- Offers a detailed analysis of market size by consumer preferences in accommodation
- Covers an exhaustive summary on key trends, drivers and issues in the leisure and hospitality buildings construction industry
- Details the competitive landscape in the leisure and hospitality buildings construction industry in the BRIC countries
Reasons to Buy:
- Gain insights into the leisure and hospitality buildings construction industry in the BRIC countries
- Identify the key market trends, opportunities and challenges in the BRIC countries
- Obtain historic and forecast market size figures for the leisure and hospitality buildings construction industry in each country
- Assess market size information for leisure and hospitality buildings and outdoor leisure facilities
- Obtain market size information for each segment by cost type and by construction activity
- Understand the competitive landscape using the company profiles of the major companies operating in the leisure and hospitality buildings construction industry in each country
- Obtain market size data for luxury, mid-scale and budget hotels for a period of ten years (2007-2016)
- Use information on consumer demographics and spending patterns
Companies Mentioned:
- AFI Development Russia
- Accor
- Berggruen Hotels
- Best Western International
- Carlson Rezidor Hotel Group
- China Properties Group
- Cyrela Brazil Realty
- DLF Limited, Sobha Developers
- Gafisa SA
- Ginger Hotels
- Holding GVA Sawyer
- Hyatt
- IHG
- Inteco
- Keys Hotels
- Otkrytye Investitsii OAO
- PDG Realty
- Shanghai Forte Land
- Shapoorji Pallonji
- Starwood Hotels Resorts
- Taj Group
- Unitech
- Starwood Hotel
For more information visit http://www.researchandmarkets.com/research/54twnr/business_opportuni
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