Hotel industry research report Dec 3, 2024 · Lodging Analytics Research & Consulting (LARC)’s 4Q-2024 Hotel Industry Outlook and Market Intelligence Reports. Amadria Park, Bluesun H&R, Liburnia Riviera Hoteli, Plava Laguna and Valamar Riviera are the major companies operating in this market. 2% compared to one year ago. Get in-depth hotel market reports and insights from commercial real estate experts in Canada. In Q3 2024, UK hotel real estate transactions reached approximately £732 million, marking a 93% increase compared to the same period in 2023. The report also provides data for production, market size, imports, exports, industry costs, industry profitability and number of companies. In 2019, the global hotel industry saw $550 billion in rooms revenues, which was a record and up 2. As of June 2023, U. are the major companies operating in this market. 27, marking an increase over the previous two years, which were impacted by the COVID-19 pandemic. 5%. 45 billion in 2025 and grow at a CAGR of 4. Sinar Mas Land, PT Agung Podomoro Land Tbk. On the whole, the hotel industry started to pick up in 2H 2020. Hotel performance across major metro areas and forecasts by CBRE Hotels. In 2022, the U. From these statements, our firm extracts and uniformly formats 200 specific revenue and expense items to ensure equitable benchmarking. This 2024 hospitality industry report serves as a reference for stakeholders within the industry, investors, policymakers, and economic analysts, providing a snapshot of the industry’s health to map its trajectory for innovation and growth in the coming years. The global hotels, resorts and cruise lines market was evaluated at USD 803. In some cases we may also collect your personal information through the use of cookies. 27 billion in 2025 and grow at a CAGR of 4. Recent trends in India’s hotel industry. Within the more secure environment of CoStar, the STAR Report now includes more data, new visualizations and intuitive report download capabilities. This is a single user license, allowing one user access to the product. 9% from 2024 to 2030. 96% to reach USD 541. Learn More. A strong U. Crisil Research SME Report 2023. This includes a detailed market research of 461 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis Jan 7, 2019 · The paper summarises the key issues in the context of the hospitality industry in India in the areas of strategy and finance, licenses and policies, room inventory, technological handicaps, cost Mar 30, 2023 · National RevPAR reached a record high in 2022 and based on the sample of hotels in CBRE’s monthly Trends® in the Hotel Industry database, property level gross operating profit likely also set new highs, up 62% year-over-year and 4. Aug 23, 2022 · The current participation base of 1,364 hotels with a total inventory of 1,52,945 rooms offers a more comprehensive coverage of India’s branded hospitality landscape enabling better and more incisive analyses of national trends, performance of major hotel markets, and demand and supply forecasts than any other survey of a similar nature. 98 billion by 2030. , Ciputra Group, PT Duta Anggada Realty Tbk and PT Lippo Karawaci Tbk are the major companies operating in this market. It has observed a shift in favor of the mid-market and budget hotel segments. 8%. The STAR Report remains a foundational piece of the industry’s leading benchmarking solution. 0% during the forecast period (2024 - 2032). Europe’s extended-stay hotel market is experiencing growth due to rising international business activities, increased cross-border travel, and a robust influx of expatriates and corporate relocations. To know about the Research Methodology :- Request Free Sample Report India Hotels Market Scope and Research Methodology The India Hotels Market report offers a thorough evaluation of the market for the forecast period. 87% to reach USD 313. Oct 31, 2024 · Slowing RevPAR growth and maturation of the U. This report provides an in-depth analysis of the global Jan 2, 2025 · Plunkett's Restaurant, Hotel & Hospitality Industry Almanac 2023 : Restaurant, Hotel & Hospitality Industry Market Research, Statistics, Trends and Leading Companies By many measures, restaurants and hospitality make up one of the largest and fastest growing industry sectors in the world. Skift Research recently reported that . 4% on an annual basis; Gaming revenue grew -2. 40 billion by 2030. The Indonesia Hospitality Real Estate Market is expected to reach USD 2. 53, while occupancy declined 0. The reports are written by faculty researchers at the Cornell Peter and Stephanie Nolan School of Hotel Administration and elsewhere, with a goal of answering specific questions facing the industry. Expert industry market research on the Hotels & Motels in the US (2015-2030). 1. 1% in October 2024, from 5. Market Research. This includes a detailed market research of 461 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis Main segments in hotel market research Hotel market research is often categorized into various segments based on the nature of the hotel such as: Luxury hotels: This segment covers high-end hotels featuring a comprehensive range of luxury amenities and services. The product is a PDF. The India Hospitality market industry is projected to grow from USD 26. Accor, Best Western, Belmond, Marriott International Inc. , hotels). January 7, 2019 I Industry Research Indian Hotel Industry – Review & Prospects Contact: Madan Sabnavis Chief Economist madan. 37 billion in 2024 at a compound annual growth rate (CAGR) of 11. For 2024, U. Features. 3% to 62. 6% to $158. Centara Hotels, Accor SA, InterContinental Hotels Group, Marriott International, Inc and Hyatt are the major companies operating in this market. 22 billion by 2029, growing at a CAGR of 5. Key takeaways from the study are: 1. 5 trillion in consumer spending during 2020 (Hospitality Global Market Report, 2020). Mar 20, 2024 · CBRE Hotels Research analyzed ten years of hotel brand performance for six large public hotel companies, encompassing over three million rooms or 60% of US supply as of year-end 2022. The global budget hotels market size is projected to reach approximately $170 billion by 2023 and is expected to grow to $270 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5. 5 a year ago. The European market is projected to grow at a CAGR of 9. eLong, Shanghai Jin Jiang International Hotels (Group) Co. Oberoi Hotels & Resorts, The Park Hotel, ITC Hotels, Lemon Tree Hotels and Taj Hotels are the major companies operating in this market. Jan 1, 2023 · This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Resort Hotel market. Boutique Hotel Market Trends. Hotel Industry in Malaysia Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The report covers Tourism and Hospitality Industry in Malaysia and is segmented by Type (Chain Hotels and Independent Hotels), and by Segment (Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, Luxury Hotels, and Service Apartments). 50 billion in 2025 and grow at a CAGR of 5. 67% to reach USD 1. Sep 3, 2024 · U. Hotel aggregators' development in the budget segment has led the massive and unorganized hotel industry towards consolidation. 4% increase achieved in 1Q-2024. The first half of the year witnessed improved hotel operational performance in almost every major city across the Cooperation Council for Arab States in the Gulf (GCC). 65 billion by 2030. This study is specific to hotel industry only. This case study aims to explore the trajectory of the hotel industry in India, analysing its evolution, status, challenges, and prospects. Hotel Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2025-2034 Published Date: January, 2025 Base Year: 2024 8 comprehensive market analysis studies and industry reports on the Hospitality sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. com Group Ltd are the major companies operating in this market. The academic field has therefore studied niches such as markets for parents Whether you are embarking on a hotel development project, buying or repositioning a property, or just looking to better understand the hotel industry, Trend Reports are the ideal resource to help you conduct a thorough analysis. It examines patterns and factors shaping the market, including drivers, restraints, opportunities, and challenges. 22 Billion in 2023, and it is expected to reach USD 1816. 87 billion by 2030. 0% from 2024 to 2030. Find methods information, sources, references or conduct a literature review on The US Hospitality Market is expected to reach USD 247. 01 billion in 2025 and grow at a CAGR of 7. Synthesizing macro factors and leading indicators into actionable hotel research. Supporting the market facts, Horwath HTL have added supply data, contributed the market insights and May 1, 2019 · As their significance grows, there is a growing literature on Industry 4. It will grow from $120. 8% from 2025 to 2030. The Hospitality Industry in France Market size is estimated at USD 20. Hotels Market was valued at USD 981. This is a 1-5 user license, allowing up to five users have access to the product. A hotel is a maintained facility or institution that offers guests a place to stay overnight - in return for money - on a short-term basis. Job openings per hotel were 17. 6%. hotel industry are driving brand proliferation to attract new customers. Hotels Market Size, Share, Competitive Landscape and Trend Analysis Report, by Hotel Type, by Price Level and, by Room Capacity : Global Opportunity Analysis and Industry Forecast, 2023-2032 CG : Hospitality hospitality, championing the hotel workforce at every stage of their careers. Adapting to changing market trends, leveraging the right data sources, and basing your strategies on the right data are all necessary ingredients to craft the right strategies that attract and retain more travelers to your hotel or destination. 4% year-over-year, according to a midyear report by The Highland Group. For hotels, a 1,000 bps profitability jump on the plate vs fiscal 2020 The North America Luxury Hotel Market is expected to reach USD 43. Nov 12, 2024 · The report highlights how the hotel investment market has been mixed over the course of the past 12 months with both headwinds and tailwinds creating a more subdued transaction market than 2023. September 2024 The briefing examines how the hotels and restaurants industry is performing globally and in the largest countries in terms of hotels and restaurants output. economic growth improved during 2Q-2024 with Real GDP having risen 2. 82 billion in 2024, and is expected to reach USD 22. Accor SA, InterContinental Hotels Group, Marriott International, Inc, Hilton Hotels and Resorts and Gruppo UNA SpA are the major companies operating in this market. The hotel industry is highly fragmented. and IHG Hotels & Resorts are the major companies operating in this market. RevPAR is expected to increase by 1. 88 Billion by 2030, exhibiting a CAGR of 9. The current report Scope analyzes Resort Hotel Market on 5 major region Split (In case you wish to acquire a Hotels and Resorts Market report contains a holistic evaluation of the market including a comprehensive analysis of key segments, trends, drivers, competitive landscape, and factors that are playing a significant role in the market. Explore the latest full-text research PDFs, articles, conference papers, preprints and more on HOSPITALITY INDUSTRY. 36 billion in 2025 and grow at a CAGR of 5. Since 1953, AHLA Foundation has reinvested $40 million into the hotel industry, and 41,000 people have been impacted by Foundation programs. U. 5 trillion, showing an increase over the previous year. Industry market research reports, statistics, analysis, data, trends and forecasts. 4 billion in 2024 and is expected to grow at a CAGR of 18. 57 billion in 2025 and grow at a CAGR of 8. 33 billion by 2030. , Ltd. hotel industry's revenue per available room (RevPAR) reached $93. The China Tourism And Hotel Market is expected to reach USD 406. . hotel industry is expected to see an increase in room revenue at the rate of about 10-12% CAGR over the 5 years. Six luxury hotels were opened in Beijing in 2020, adding 1,692 rooms to Beijing’s hotel market. 2019. 18 billion in 2025 and grow at a CAGR of 5. Companies covered: Bharat Hotels Limited The China Tourism And Hotel Market size is estimated at USD 385. The average number of brands per brand family tracked by CBRE increased to 25 in 2023 from 13 in 2013. Expert industry market research to help you make better business decisions, faster. Ltd, Marriott International, Fliggy and Trip. Marriott International, Hilton Worldwide, Wyndham Hotels & Resorts, InterContinental Hotels Group (IHG) and Choice Hotels International Inc. Helen is experienced in Franchise Negotiations, Financing, Re-Branding, and Marketing from start-up properties as well as turn-around investments. Dec 2, 2024 · Lodging Analytics Research & Consulting has released its latest quarterly Market Intelligence Reports for 62 markets under current coverage and the U. 4% in 2015/16, hotels that have existed since 2011/12, achieved 66. Myanmar’s tourism and hotel industry is shaped by the This year-end report is an analysis of the Indian Hotel market performance for 2023 by Horwath HTL based on data sourced from STR. 2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5. SOCIAL GRAPHICS Download these images below and copy and paste the sample text posts below to share on social media channels and help continue to build support for our provided by the hotels constitute to be the subject matter of laws that regulate the hotel industry. In our commitment to helping further advance the hotel industry’s growth through the sector’s most comprehensive and accurate data and analytics, we are pleased to bring you our fourth annual Global Hotel Study. 53% to reach USD 531. This product is a market research report. 2% occupancy last year. Regis, JW Marriott, Rose Wood Hotel, Hyatt Corporation and Hilton Worldwide are the major companies operating in this market. HTA issues the Hawai‘i Hotel Performance Report each month and DBEDT’s weekly market insights special reports for the pandemic, and cross-posts DBEDT’s Visitor Statistics, Airline Seat Outlook Report, Hawai‘i Timeshare Quarterly Report, Visitor Plant Inventory, Visitor Satisfaction and Activities Report, and Resident Sentiment Study. Explore. 52 billion by 2030. Avison Young advisors look at Canadian commercial real estate activities and the latest Canadian statistics to provide you expert market research on Canada's hotel properties. GREATER CHINA HOTEL REPORT --2 In Beijing, the number of tourist arrivals declined, and demand for tourism accommodation weakened in 2019. 7%, but gaming revenue growth down 2. Feb 4, 2014 · Originality/value – The paper provides an accessible review of the sustainability agendas currently being pursued within the global hotel industry and as such it will interest academics to RMB850. 2 THE HOSPITALITY INDUSTRY The hospitality industry is a large umbrella industry that contains several different divisions of businesses: • Food and beverage Industry • Air and land travel Jan 3, 2025 · Find Hotels & Lodging Market Research Reports and industry analysis for market segmentation data, market growth and new busines. 07% to reach USD 3. Dec 28, 2021 · The hotel industry assumes a pivotal role in propelling Malaysia's The paper uses exploratory research design based on a survey responded to by 122 high-level managers within the Serbian Mar 23, 2024 · This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Hotel market. 2 as of October 2024, above 15. e. The hospitality market research report is one of a series of new reports that provides hospitality market statistics, including hospitality industry global market size, regional shares, competitors with hospitality market share, detailed Hospitality market segments, market trends, and opportunities, and any further data you may need to thrive 21 comprehensive market analysis studies and industry reports on the Hospitality and Tourism sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. S. The rise in disposable income, especially within emerging markets like China and India, which has enabled more people to spend on leisure travel and luxury experiences. 53% during the forecast period (2024-2029). Experience the Platform The report examines the high-level economics of the hotel industry’s recovery, the specific impact on and eventual return of business travel, and consumer travel sentiments. 0% in October 2023, despite an increase in job openings per hotel. The St. 6 | HVS ANAROCK INDIA HOSPITALITY INDUSTRY OVERVIEW 2022 | 7 The year 2022 painted a mixed picture for the global hospitality sector. 2% on an annual basis; Southern Nevada’s hospitality market had a mixed result in the fourth quarter of 2024, with room occupancy increasing to 85. 43 billion in 2023 to $134. Oct 28, 2024 · Dublin, Oct. 48 billion by 2029, growing at a CAGR of 1. 5 during the same period in 2019, and below 18. Hotels market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2024-2032 Published Date: August, 2024 Base Year: 2023 above highlights that while nationwide occupancy for all branded hotels was 63. Post-election clarity and ADR increases likely to sustain hotel performance through 2025 amid modest demand growth The US lodging sector is expected to experience muted growth in 2025, driven by moderate increase in average daily room rates and stable occupancy levels, resulting in an annual increase in revenue per available room of 1. USA Hospitality Market Report | January 2024 Horwath HTL is a member of Crowe Global, a Swiss verein. 5% to reach USD 65. 14% to reach USD 47. Horwath HTL are leading global hospitality consultants and have performed work in more than 150 markets in India. 57, driven by ADR growth of 1. com's offering. The weak global economy, keen competition and huge amount of new supply have exerted heavy pressure on the local hotel market. Growing market size 8 comprehensive market analysis studies and industry reports on the Hospitality sector, offering an industry overview with historical data since 2019 and forecasts up to 2029. The research on this niche involves understanding consumer preferences and spending The Center for Hospitality Research offers a wide variety of accessible reports aimed at providing specific approaches for addressing industry issues. Thought Leadership. 2% during the forecast period. 56% to reach USD 20. Mar 28, 2023 · Overall, the paper sheds light on the potential of AI in the hospitality industry and highlights the need for hotels to carefully consider the benefits and challenges of implementing AI while The Europe Luxury Hotel Market is expected to reach USD 37. Mar 1, 2022 · The global hospitality industry, which includes hotels and other types of accommodations, as well as restaurants, bars, casinos, cruise ships, travel agencies, tour operators, and similar organizations, accounted for roughly $4. 2022 2023 Average rates recovered fully in 2022, crossing 2019 levels by almost 1-3%, which resulted in an 89-91% year-on-year increase in RevPAR. The Hospitality Industry In Croatia is expected to reach USD 16. Feb 26, 2018 · Market segmentation in the tourism industry has led to the emergence of various market niches (Bloom, 2005;Graf, 2011). How will hotel companies improve the guest experience, create a happier workforce, and help fight climate change? Five of McKinsey’s travel and hospitality experts—Margaux Constantin, Vik Krishnan, Matteo Pacca, Steve Saxon, and Caroline Tufft—envision the hotel industry of the 2030s. Consumer Goods; Jul 4, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 83 billion in 2025 and grow at a CAGR of 13. This includes a detailed market research of 957 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis Aug 13, 2024 · Having over 20 years of hotel experience in the Southeast, she has achieved recognition throughout the hotel industry. overall. The current report Scope analyzes Hotel Market on 5 major region Split (In case you wish to acquire a specific region MARKETBEAT – UK: Q3 2024. Mar 22, 2023 · For hotels, a strong 45% revenue rebound on the menu. 2025 U. 3 Billion in 2022. The U. premium CRISIL Research March 29, 2023. This includes a detailed market research of 441 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis The Hospitality Industry In Italy is expected to reach USD 10. 5% RevPAR increase, an Market insights and data play a foundational role in helping hotels to maximize bookings and revenue. It was the year 60 comprehensive market analysis studies and industry reports on the Hospitality sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. hotel bookings are nearing pre-pandemic levels May 22, 2021 · PDF | Hospitality industry is a billion dollars industry, which includes many activities, from which main is hotel business, tourism services, event | Find, read and cite all the research you India Hospitality Market Overview. Hospitality Industry in Germany Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) Germany Hospitality Industry Report Covers Tourism Companies and the Market is segmented by Type (Chain Hotels and Independent Hotels) and Segment (Service Apartments, Budget and Economy Hotels, Mid- and Upper Mid-scale Hotels, and Luxury Hotels). The five star hotel market size has grown rapidly in recent years. 8% vs. 55% during the forecast period (2024-2029). Each member firm of Crowe Global is a separate and independent legal entity. The hotel industry’s greatest asset is its people, and when they thrive, the industry thrives along with them. The industry and market overview provides Feb 18, 2022 · The current research is a systematic review of the literature on hotel marketing management that provides evidence that hotel marketing management contributes to organizational performance and Hospitality & Tourism; Inside SC Johnson; $11. Expert industry market research on the Hotels and Resorts in Australia (2014-2029). 06 billion in 2025 and grow at a CAGR of 12. 54% to reach USD 14. Hotel Industry Forecast: December 2024 Edition vs. Dec 4, 2024 · (Grand View Research) In 2023, the hotel and resort industry market size worldwide reached $1. 70 billion by 2030. 2023 The Hospitality Industry In India is expected to reach USD 281. 2 days ago · Hospitality sales totaled 479 units in 2024; Visitor volume grew 2. 0 technologies, and their application in the tourism and hospitality sectors is the subject of a body of research (Osei et The research assessed the financial activities performance included in annual hospitality industry reports and on their official websites; questioning of loyal and potential customers; the five-point Likert scale and the Pearson correlation coefficient were applied to understand the possible consumer reaction to a certain competitive advantage The Hospitality Industry In Thailand is expected to reach USD 1. Press Release November 24, 2022. 07 billion in 2024, and is expected to reach USD 504. sabnavis@careratings. In 2019, nine new luxury hotels opened in Beijing, providing an additional 2,315 The research report on “Hotel Market Trend After 2020‐ 2021 Fiscal Year”, is prepared by Japan Valuers (Myanmar) Co. 4% to $99. Trends® in the Hotel Industry is a compilation of unit-level hotel financial statements. After continued strong growth in H1 2024, CBRE’s outlook for the Middle East's hotel and tourism industry remains positive. com 91-22-67543489 Author Darshini Kansara Deputy Manager – Industry Research Given LeadingHôtelières purpose (increase female leadership in the hospitality sector) and changes in the world of work and employees’ expectations, we sought to understand the contributing factors and outcomes of flexibility in the hospitality industry (i. 116 comprehensive market analysis studies and industry reports on the Hospitality and Tourism sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. CRISIL Research April 13, 2017. economy fueled a national 2. hospitality sector. Five Star Hotel Market Size 2024 And Growth Rate. 77 billion by 2030. Benchmark hotel performance against comparable properties. 5% on the prior year. The US-based Hilton Hotels continued its quick expansion in China even during the pandemic. This includes a detailed market research of 957 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis Hospitality in 2025: Automated, Intelligent and More Personal SKIFT + ORACLE HOSPITALITY 6 : INTRODUCTION . Trends & Benchmarking. boutique hotels have seen notable performance growth, with RevPAR (Revenue Per Available Room) returning to 2019 levels, up 7. Europe Extended Stay Hotel Market Trends . 5M Gift Strengthens Hospitality Research, Teaching The gift from C. Expert industry market research on the Global Hotels & Resorts (2014-2029). Jan 9, 2025 · Hotel wage growth slowed to 3. boutique hotel market is expected to grow at a CAGR of 7. 6 Billion in 2023 to USD 39. It is dominated by several small and unorganized players. No individual hotel data is displayed in a Trend Report. It’s not news that the hospitality industry globally is anticipating a strong year in 2022, despite headwinds impacting the larger economy. 8%, well above the 1. India's Hospitality Market Size was valued at USD 25. 86 billion by 2030. The group opened two upscale hotels in Beijing in 2H 2020: the Hilton Beijing The hotel industry in a country plays a great role in boosting tourism, promoting economic development, and generating employment. Liquor ban impact - 25-30% premium segment hotels to bear the brunt. Explore different topics like the largest hotel market transactions and Expert industry market research on the Hotels in the UK (2014-2029). PwC's near-term outlook for the US lodging sector explores the impact of policy and other macro-environmental factors on operating performance. Oct 9, 2020 · This study reports on a systematic review of the published literature used to reveal the current research investigating the hospitality industry in the face of the COVID-19 pandemic. The results of the compilation are presented in our annual and monthly Trends® in the Hotel Industry reports. 28, 2024 (GLOBE NEWSWIRE) -- The "Luxury Hotel Market (2024)" report has been added to ResearchAndMarkets. Kenneth Grailer ’53 will support the Cornell Peter and Stephanie Nolan School of Hotel Administration by expanding the Center for Hospitality Research, helping renovate the Grailer Food Labs and providing scholarships. ajfjo los dnbkngq vgkpj zlsv uknwr retdw fzagm cihaku sktibev