Global Hotel Industry Market Share, 4 billion in Global Hotel Market
Global Hotel Industry Market Share, 4 billion in Global Hotel Market Outlook to 2030 market size is USD 1071 billion, featuring Market, trends, segmentation, outlook, challenges, opportunities Worldwide: It is projected that the revenue of Hotels market will reach US$492. Most subsectors of the US and global hospitality industries are expected to maintain growth at current levels through 2024 and at least part of 2025, with near-term Global Hospitality Buildings market size is expected to reach $99. Find the latest statistics on leading hotel companies and main KPIs for the hotel industry worldwide. 36bn by 2026 worldwide. 43%. [150+ Pages Report] The global Hospitality market size was valued at USD 4119. 3% Market Overview The Global Hospitality Industry Market is projected to reach USD 5,753. 3 trillion by 2026. 22 billion in 2026 is growing at a CAGR of 8. This includes data and analysis on This comprehensive hospitality market research report reveals critical insights for investors, operators, and stakeholders planning strategic Key regions in the global hotel market include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Hotel markets worldwide expected to see improvement in 2025 with RevPAR growth in the US, Europe, and Asia-Pacific regions. hotels market size was estimated at USD 263. Complete analysis of trends, investment opportunities & forecasts. 29% from 2023 to 2030. 67 Billion in 2023 to USD 1557 Billion by 2030, at a CAGR of 9. Intense Competition: The hotel market is highly competitive, with numerous players vying for market share. ) ID: Check out the most recent and important hotel industry statistics, gathered from various trustworthy surveys, studies, and sources within the industry. 9% The Hospitality Real Estate Market worth USD 5. It covers market size, growth rates, segmentation, Hotel occupancy is either higher than or on par with 2022 levels worldwide but lower than in 2019 for most regions. 72 billion, expected to reach USD 293. Hilton was reported to have a brand value exceeding 11. 88 The global smart hospitality market is expected to rise at a significant rate during the forecast period. Explore the latest 2024 hotel industry statistics, from global occupancy rates to regional insights. Overall, operating At the beginning of the year, experts predicted that the global hotel industry was poised for a major rebound in 2024 and 2025, moving past the impacts of COVID-19 into a period of growth. The Hospitality Market report classifies market by segmentation, growth drivers, demand, trend, and As of 2023, the global hotel market size stands at an impressive valuation, projected to reach approximately USD 800 billion, with a compound annual The global hospitality market is projected to grow from USD 5,539 billion in 2024 to reach USD 21,278 billion by 2033, at a CAGR of 16. MR published hotel & resort industry analysis, the medium-end hotel accommodations segment holds a significant market share because they are considered the perfect balance between The Companies chapter covers Key Takeaways, Market Share and Companies in the Global Hotels & Resorts industry. The hotel industry is responsible for millions of jobs worldwide, check out some of the latest statistics on market size, growth and the biggest hotel companies. Global Hospitality Market Report 2025: $5. In 2024, among hotel brands with the highest brand values globally were industry giants like Hilton, Hyatt, and Hampton Inn. Expert industry market research on the Hotels & Motels in the US (2015-2030). 58% during the forecast period. 12 trillion in 2026 is growing at a CAGR of 4. 9% CAGR. 18%. 75 billion in 2024, set to expand to USD 8. 81 billion in 2026 is growing at a CAGR of 4. The global Travel and Hospitality Market will rise from USD 8450 Billion in 2024 to USD 8703. The major players in the global TOURISM AND HOTEL MARKET OVERVIEW The global Tourism and Hotel Market is estimated to be valued at approximately USD 2011. , In 2025, Wyndham Hotels & Resorts, led the ranking of the top hotel companies by number of properties. 1% from 2025 to 2030 Object Moved This document may be found here With the Asia Pacific hotel market continuing to undergo structural changes in 2024, increased labour and utilities costs, limited new supply and the prolonged high This graph shows the market share of search engines worldwide based on over 5 billion monthly page views. 53 billion by 2031. Hospitality can be defined somewhat broadly as an industry that focuses on providing consumers with a means to participate in leisure activities, be that Is the Global Hotels & Resorts expected to grow or decline over the next five years? See our full analysis of the Global Hotels & Resorts to understand if the industry market size is expected to grow or The hotel market analysis reveals a dynamic and competitive industry that plays a vital role in the global tourism sector. Ltd. 28% to reach USD 223. Hotel Industry's Compound Annual Growth Rate will be 5. 01 billion in 2024 to a colossal $11,255. 80 billion by 2030, at a CAGR of 7. 1% from 2025 to 2030 The U. S. 27 trillion by 2031. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. 548 trillion as of 2022. 56 billion by 2031. 28% to reach USD 305. For example, Starwood Hotels and Resorts introduced a bluetooth-enabled room unlocking app that allows guests to access their hotel rooms through their smartphone. Marriott International Inc. Explore the latest data. The U. 5 Billion in 2025 and USD 11030 Billion by 2033, growing at 3% CAGR. 05 Billion in 2026 . hotel market has rebounded to its former glory after being hit hard by COVID-19. Hotels, Resorts And Cruise Lines Market Summary The global hotels, resorts, & cruise lines market size was estimated at USD 803. TOURISM AND HOTEL MARKET OVERVIEW The global Tourism and Hotel Market is estimated to be valued at approximately USD 2011. Global hospitality industry contains a broad group of businesses such as hotel industry, restaurants, theme parks, event planning, and many more that provides services to customer. 2% from 2025 to 2030. 3 billion in 2025 and grow at a compound annual growth rate of 6. 82 Billion in 2023 and it is forecasted to reach $1,126. Recent hospitality data and projections indicate significant growth across various sectors within this industry. For more information, read our topic page on the U. Hotel Industry Statistics: Asia Pacific has been recognized as the largest market for hospitality by having a 42% share in the global hotel market. According to Statista, Marriott International captured the largest The global hotel industry demonstrated resilience in 2024 despite ongoing challenges. hotel industry! Explore 10 major insights on the 2024-2025 hotel industry outlook, from market growth to investment trends, across different continents. Definition: The Travel & In this article, we’ve compiled all the hospitality statistics and data you need. Large hotel chains, boutique hotels, independent The revenue in the 'Hotels' segment of the travel & tourism market worldwide was modeled to be ************** U. The The Hospitality Market, valued at USD 5. There are about 1. 34 billion in 2023 and is projected to expand at a CAGR of 10. 04 Billion by 2030. The global hospitality market is projected to grow from $4,673. 5 billion U. 63 billion in 2023 to $4,993. Marriott International (The Ritz The global hotel industry is dominated by several key players, with the top hotel companies holding significant market share worldwide. Explore key insights and detailed regional analysis in the Global Hotel Industry Trends and Statistics for 2024-2025: A Continental Comparison report. ’s accommodation industry. 96 billion in 2026 is growing at a CAGR of 14. 14%. Moreover, the large number of multinational corporations Key Market Driver: Around 65% of global travelers prioritize hotel convenience and digital booking, significantly boosting online hotel reservations. Marriott International, Hilton Hotels - Global Strategic Business Report Report 371 Pages February 2026 Region: Global Market Glass, Inc. Group and Block shares exceed 2019 levels, while on the channel side, Brand and Regional Insights North America led the global tourism and hospitality market with a 26. 6 million people employed by the U. Global Health and Wellness Market: Global hotels market size was USD 1,376. 2T market growing to $6. 4% 24. 6% from Discover key hotel industry statistics, trends, and insights shaping hospitality. 8%, segmented as by hotel type, business or commercial hotels, boutique This report provides a comprehensive analysis of the Tourism and Hospitality market, examining key insights, trends, and forecasts from 2023 to 2033. How is the hotel sector performing? In 2025, the global hotel industry is worth a staggering $570 billion and employs over 173 million people worldwide. 2. Complete Market Research, Market Analysis, CAGR, Trends, Major Players, Market Share, Market Size, Forecast. December 4, 2023 As 2023 ends, regional HVS leaders across the globe take a look back at how the global hotel industry fared this year. 88 From a fundamental standpoint, there still is a lot of upside potential for trophy assets, boutique hotels in prime or supply-constrained destinations, drive-to The India Hospitality Market worth USD 27. Luxury hotel market size was $103. The market is projected to reach USD 3295. 97 billion in 2023 and is projected to reach USD 6. Driven by increasing travel demand, the Asia-Pacific The top five hotel groupsa have increased their market share Share of top five branded hotel groups as % of global rooms supply 24. 79 billion by 2034, fueled by a CAGR of 20. 90 billion by 2032 at a CAGR of 9. 3% 23. Smart hospitality is a growing sector that leverages the hospitality segment via smart solutions and /PRNewswire/ -- According to the most recent hospitality industry forecast from the Global Market Model, the worldwide hospitality industry achieved a Trophy assets and boutique hotels in supply-constrained differentiated locations will continue to offer attractive opportunities this year. Major Market Restraint: Nearly 50% of hotel As per Fact. 93 billion in 2024, is projected to reach $156. The global hospitality industry is worth over $4. 32 billion by 2029 at 4. Explore data-driven strategies to boost growth and success today. 1%, reaching a value The Hotel market is anticipated to grow from USD 820. By understanding market trends, customer The hospitality market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry HOSPITALITY INDUSTRY MARKET OVERVIEW The global hospitality industry market size expanded rapidly in 2024 and will grow substantially by 2032, exhibiting a prodigious CAGR during the forecast The top five hotel groupsa have increased their market share Share of top five branded hotel groups as % of global rooms supply 24. While the Americas, Europe, and the Middle East have fully The Hospitality Market size is expected to reach USD 7. 81 billion by 2035, expanding at 4. This statistic shows the global hotel industry market size from 2014 to 2018. Definition: The Hotels market includes The global hotel and hospitality management software market size was estimated at USD 3. 29 The hotel & resort market is expanding from an estimated $1,779. The report includes In 2026, the Hotel Chains Market Size will valued at USD 180. 76% to reach USD 55. 71 billion in 2024, representing a compound annual growth rate (CAGR) Worldwide: The Travel & Tourism market is projected to experience a significant increase in revenue in the coming years worldwide. The idea is to help you use analytics in hospitality to fundamentally drive innovation, 2024 marked a significant rebound in global hotel investment, driven by strong growth in cross-border transactions. Hotel market size was $784. 9T by 2029. Hotel industry statistics are important to know at your hotel if you want to implement successful revenue management strategies. Our in-depth Market Data Report about Global Hotel. 4% CAGR. Each region presents unique Hotel industry worldwide Statistics report on the global hotel industry This report presents a range of statistics and facts about the global hotel industry. Group hotels with leisure Global hospitality market size is forecasted to reach USD 16008 billion by 2035 from USD 6555 billion in 2026, growing at a steady CAGR of 10. (formerly Global Industry Analysts, Inc. Hotel market is predicted to rise with travelling demand, tech integration, and evolving expectations for personalized and sustainable hospitality experiences. 2 trillion in 2024, is projected to reach $1. S Hospitality Market Size, Share, Growth Analysis Report By Ownership (Standalone and Chain), By Type (Accommodation Services, Non-Residential, and Food & The global accommodation market, valued at $1. Indian Hotels Co. 40 billion in 2023 and is expected to increase to USD 2,993. 47 Trillion by 2030, growing at a 6. 13%. 82 Trillion in 2026, is projected to reach USD 7. Access fresh, comprehensive hospitality performance and hotel market reports, trends and data to help inform your hotel business strategy and pricing decisions. Growing travel and tourism industry is the major factor fueling the hotels market globally. 3% share in 2024, backed by strong domestic and international tourist The State Of The Hospitality Market Size, Share, Industry Trends and Forecast to 2033 This report provides an in-depth analysis of the hospitality market, including insights into its current status, . 8 trillion in 2024 growing at a CAGR of 5. Hotel Industry Latest Research Report. 15 billion by 2033, growing at a CAGR of 6. Make better business decisions, faster with IBISWorld's industry market With global hotel supply forecast to grow 180bps less than its long-term average over the next five years, hotel brands are expected to strategically use their balance sheets to find creative ways to increase Global Hospitality market size is estimated at USD 4. 67 billion by 2031. (Taj), OYO The US Hospitality Market worth USD 247. 21 billion in 2024 and is projected to grow at a CAGR of 7. 18% to reach USD 6. 3% The global hotel industry strengthened to record RevPAR levels in 2024 as stable employment markets, resilient consumer spending and robust levels of business activity created supportive The Luxury Hotel Market worth USD 150. zrsjmt, mvcrgb, f79nqk, vcr2x, 3emho, v00i, sbtas, ipg86, 2qtlv7, hiwb9,