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Global Hotels & Resorts Industry Data and Analysis
Over the past five years, the Global Hotels and Resorts industry has expanded. The current period started with a pandemic-low revenue level. As business and travel activities gradually resumed, industry revenue surpassed the pre-pandemic level in 2023. However, rising inflation following the pandemic and geopolitical tensions depressed the potential revenue growth. Further, stringent fatal aviation accidents and potential tariff war further deteriorate consumer confidence, inducing them to put off travel plans. Overall, industry revenue is expected to grow at an annualized rate of 14.2% to $1.8 trillion over the five years to 2025, including a 2.4% growth in 2025. In the same year, profit is also expected to reach 18.5%.
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What's included in this industry analysis
IBISWorld's research coverage on the Global Hotels & Resorts industry includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released April 2025.
About this industry
What's this industry report about?
The Global Hotels & Resorts industry operates under the industry code G4611-GL. Operators in the Global Hotels and Resorts industry include hotel and resort accommodations with private or shared facilities, and with or without meal services and restaurants attached. This includes both chain and franchised operators. However, it excludes all other forms of accommodation, such as motels, caravan parks and camping grounds, youth and backpacker hotels and bed and breakfast establishments. Related terms covered in the Global Hotels & Resorts industry include revenue per available room (revpar), suite, management contract and computer reservation systems (crs).
What's included in this industry?
Products and services covered in Global Hotels & Resorts industry include High-end hotel accommodation, Medium-end hotel accommodation and Low-end hotel accommodation.
What companies are included in this industry?
Companies covered in the Global Hotels & Resorts industry include Marriott International Inc., Accor SA and Wyndham Hotels & Resorts Inc.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Global Hotels & Resorts industry.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Global Hotels & Resorts industry.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Global Hotels & Resorts industry.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Global Hotels & Resorts industry. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Global Hotels & Resorts industry. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Global Hotels & Resorts industry. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Global Hotels & Resorts industry. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Global Hotels & Resorts industry.
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Frequently Asked Questions
What is the market size of the Global Hotels & Resorts industry in 2026?
The market size of the Global Hotels & Resorts industry is $1.8tr in 2026.
How many businesses are there in the Global Hotels & Resorts industry in 2025?
There are 810k businesses in the Global Hotels & Resorts industry, which has grown at a CAGR of 6.9 % between 2020 and 2025.
How may import tariffs affect the Global Hotels & Resorts industry?
The Global Hotels & Resorts industry is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Global Hotels & Resorts industry?
The Global Hotels & Resorts industry is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Global Hotels & Resorts industry grown or declined over the past 5 years?
The market size of the Global Hotels & Resorts industry has been growing at a CAGR of 14.2 % between 2020 and 2025.
What is the forecast growth of the Global Hotels & Resorts industry over the next 5 years?
Over the next five years, the Global Hotels & Resorts industry is expected to grow.
What are the biggest companies in the Global Hotels & Resorts industry?
The biggest companies operating in the Global Hotels & Resorts industry are Marriott International Inc., Accor SA and Wyndham Hotels & Resorts Inc.
What does the Global Hotels & Resorts industry include?
Operating hotels with private facilities and Operating holiday resorts are part of the Global Hotels & Resorts industry.
Which companies have the highest market share in the Global Hotels & Resorts industry?
The company holding the most market share in the Global Hotels & Resorts industry is Marriott International Inc..
How competitive is the Global Hotels & Resorts industry?
The level of competition is high and increasing in the Global Hotels & Resorts industry.
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