The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Hotels & Resorts global market research report offers insightful industry analysis and research into the market at an international level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.


Market Share of Companies
Hilton Worldwide $x.xlock
Marriott International $x.xlock
Industry Statistics & Market Size
Annual Growth
2012 - 2017
Annual Growth
2017 - 2022
Employment ('000)

Industry Threats & Opportunities

  • Travel spending is projected to increase over the next five years as global economic conditions continue to improve
  • This industry is particularly sensitive to macroeconomic factors, geopolitical instability and actual or threatened terrorism
  • The number of international tourist arrivals worldwide is expected to increase

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    Industry Analysis & Industry Trends

    Over the five years to 2017, the Global Hotels and Resorts industry experienced strong growth as both consumers and businesses became more confident about their finances and spent more liberally on luxuries, including travel. This culminated in a substantial increase in both travel rates and hotel room and occupancy rates, two indicators of a hotel's performance. Over the five years to 2022, travel spending is projected to increase as global economic conditions continue to improve and consumer spending bolsters revenue for global hotels and resorts...

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    Industry Key Buyers

    IBISWorld estimates that in 2017, the industry's top four players will account for 15.2% of the available market share, giving this industry a low level of concentration. Although industry concentration is low, it is increasing due to continuing hotel buyouts and mergers, and operators joining franchise and chain operators. Major companies in the hotel segment are increasingly seeking to operate on a global basis and have a presence in major regions and countries and in the major towns and cities in these areas. Despite the existence of global brands with billions in annual revenue, there are a large number of small, independent and often family-run hotels. The industry also has a diverse range of accommodation styles and standards.


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    Additional Insights for the Global Hotels & Resorts Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Global Hotels & Resorts Industry are

  • Access to multiskilled and flexible workforce
  • Being part of a franchising chain
  • Receiving the benefit of word-of-mouth recommendations
  • IBISWorld analysts also discuss how external factors such as Global tourist arrivals and Global consumer sentiment index in the Global Hotels & Resorts industry impact industry performance..

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    Industry Products

    What is the Global Hotels & Resorts Industry?

    Operators in this 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.

    Industry Products
    High-end hotel accommodation
    Medium-end hotel accommodation
    Low-end hotel accommodation
    Resort accommodation
    Industry Activities
    Operating hotels with private facilities
    Operating holiday resorts

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Global tourist arrivals
  • Global consumer sentiment index
  • Global per capita income
  • GDP of the BRIC nations

  • Current Performance
  • Impact of travel
  • Regional trends
  • Room rates rise
  • Technology boosts profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Tourism trends
  • Trends promoting growth
  • Table: Global Hotels & Resorts Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Global Hotels & Resorts Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Global Airlines
  • Global Travel Agency Services
  • Global Consumers

  • Key Selling Industries
  • Global Beer Manufacturing
  • Global Fruit & Vegetables Processing
  • Global Milk & Cream Manufacturing
  • Global Spirits Manufacturing
  • Global Sports Betting & Lotteries

  • Products & Services
  • Medium-end hotel accommodation
  • High-end hotel accommodation
  • Low-end hotel accommodation
  • Resort accommodation
  • Chart: Global Hotels & Resorts Industry Products and Services Segmentation

  • Demand Determinants
  • Domestic tourism
  • Business travel
  • International tourism

  • Major Markets
  • Domestic - leisure and other
  • Domestic - business
  • International - leisure and other
  • International - business
  • Chart: Major Market Segmentation for the Global Hotels & Resorts Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Labor
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Global Hotels & Resorts

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Global Hotels & Resorts Industry

  • Industry Globalization
    Major Companies
    Marriott International Inc.Hilton Worldwide
  • Table: Marriott International Inc. - financial performance
  • Table: Hilton Worldwide - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Global Hotels & Resorts Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Global Hotels & Resorts Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Global tourist arrivals (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Computer Reservation Systems (Crs)
  • Computerized systems used to store and retrieve information and conduct transactions related to travel.
  • Management Contract
  • A contract for the operation of hotel property with the building owner.
  • Revpar
  • Short for revenue per available room, an indication of average room rates.
  • Suite
  • A hotel room of larger size than average, offering more internal fittings and comfort.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Global Hotels & Resorts:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Global Hotels & Resorts market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Global Hotels & Resorts, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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