Scotts Bayfront Hotel is classified as operating in the Hotels & Motels industry, NAICS Code 72111.
Market Share of Scotts Bayfront Hotel's Largest Competitors
A competitive analysis shows these companies are in the same general field as Scotts Bayfront Hotel, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are in the same general field as Scotts Bayfront Hotel and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.