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Learn moreSep 2018
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The high inflation rate on food and beverages has continued to play an important role in hotels’ cost structures, as breakfast is typically included in the room charge, thereby increasing the pressure on margins. During 2018, hotels faced greater difficulty in the acquisition of all kinds of goods, including parts for lifts and other machinery, linen products, cleaning products and staples, which were becoming scarce nationwide.
Eurobuilding Group was the leading player in hotels in 2018 with its outlets spread throughout the country. The group’s Puerto Ordaz (Bolívar) outlet was opened in 2009.
While there is increasing development of technological platforms such as Airbnb, short-term rentals are still in a niche. However, other lodging providers, including hotels, see the potential of short-term rentals as a huge disadvantage for formal establishments, especially when compared with the enormous burden of benefits, taxes, regulations and infrastructure that legal businesses must face.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Lodging industry in Venezuela 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 Lodging industry in Venezuela, our research will save you time and money while empowering you to make informed, profitable decisions.
The Lodging in Venezuela market research report includes:
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This industry report originates from Passport, our Travel And Tourism market research database.
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.