Hotels Market Size, Share, Growth Report 2030
Hotels Market by Size (Small Hotels, Medium Hotels, and Large Hotels and Very Large Hotels), by Star (1 and 2 Star, 3 Star, 4 Star, and 5 Star), by Type (Business or Commercial Hotels, Transient Hotels, Boutique Hotels, Residential Hotels, Suite Hotels, Bed and Breakfast Hotels, Casino Hotels, Green Hotels, and Others), by Ownership (Independent Hotels and Chain), by Budget (Economy, Luxury, and Elite), and by End-User (Leisure and Business): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026
Global hotels market expected to generate around USD 211.54 billion by 2026, at a CAGR of around 4.6% between 2019 and 2026. The growing hospitality industry has resulted in the rising number of restaurants and hotels, which is expected to hotels market growth.
The report encloses a forecast and current estimates for hotels market on a global and regional level. The study provides the data for 2018 and the forecast period from 2019 to 2026 based on revenue. The revenue of hotels market is measured in USD Billion. The study also provides the impact and the descriptive analysis of major drivers, restraints, and opportunities of the global hotels market.
The study also offers the market attractiveness and Porter’s Five Forces model analysis to gauge the competitive landscape of major vendors of the global hotels market. This comprehensive study also provides a detailed analysis and overview of each segment included in the study.
The report concludes the size, star, type, ownership, budget, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some key players operating in the global hotels market include AccorHotels, Best Western International, Inc., China Lodging Group, Limited, Choice Hotels International, Inc., citizenM, Hilton, Hyatt Corporation, InterContinental Hotels Group, ITC Hotels, Jumeirah International LLC, Magnuson Hotels, Marriott International, Inc., NH Hotel Group Santa Engracia, Radisson Hotel Group, Shanghai Jin Jiang International Hotels (Group) Company Limited, The Indian Hotels Company Limited, Westmont Hospitality Group, and Wyndham Hotels & Resorts, Inc.
This report segments the global hotels market into:
Global Hotels Market: Size Analysis
- Small Hotels
- Medium Hotels
- Large Hotels and Very Large Hotels
Global Hotels Market: Star Analysis
- 1 and 2 Star
- 3 Star
- 4 Star
- 5 Star
Global Hotels Market: Type Analysis
- Business or Commercial Hotels
- Transient Hotels
- Boutique Hotels
- Residential Hotels
- Suite Hotels
- Bed and Breakfast Hotels
- Casino Hotels
- Green Hotels
- Others
Global Hotels Market: Ownership Analysis
- Independent Hotels
- Chain
Global Hotels Market: Budget Analysis
- Economy
- Luxury
- Elite
Global Hotels Market: End-User Analysis
- Leisure
- Business
Global Hotels Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
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