SEARCH   
MEMBER LOGIN    
Forgot Password?

Global Hotels & Resorts: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Hotels & Resorts Market Research Report | Apr 2017

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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies globally and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Hilton Worldwide Hilton Worldwide market share
Marriott International Marriott International market share
Industry Statistics & Forecast
Revenue
$878bn
Annual Growth 12-17
3.2%
Annual Growth 17-22
Add to Cart
Profit
Add to Cart
Employment ('000)
4,281
Businesses
739,000
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... read more

Industry Locations

The industry is generally spread according to its global share of domestic and international tourism generated activity. An estimated 42.2% of global travel and tourism economic activity occurs in Europe and an estimated 37.8% of the Global Hotels and Resorts industry's revenue is generated in the same region. North America is the industry's second-largest market. While less tourism revenue is generated in North America, hotels in the United States and Canada generate significant revenue from business travelers and domestic tourists. North America is expected to account for 29.4% of revenue over the year.

.. read more

 


Industry ProductsRelated ReportsTable of Contents

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 accommodationMedium-end hotel accommodationLow-end hotel accommodationResort accommodation
 
Industry Activities
Operating hotels with private facilitiesOperating holiday resorts


Quote
Select Clients