State Of The Hospitality Global Market Report 2024

Global State Of The Hospitality Market Report 2024

State Of The Hospitality Global Market Report 2024 – By Services (Accommodation, Food And Beverage, Entertainment And Leisure, Travel And Transportation, Luxury And Boutique, Meeting And Event, Other Services), By Type of Customers (Solo Travelers, Family), By Sales Channel (Online Channels, Conventional Channels) – Market Size, Trends, And Global Forecast 2024-2033

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State Of The Hospitality Global Market Report 2024

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State Of The Hospitality Market Definition

The state of hospitality refers to the current conditions and trends within the hospitality industry. Its purpose is to provide guests with exceptional experiences and services, emphasizing comfort, satisfaction, and memorable interactions. Hospitality is used to boost economic growth, enhance cultural exchange, and promote customer loyalty through personalized services and innovative practices.

The main state of the hospitality services are accommodation, food and beverage, entertainment and leisure, travel and transportation, luxury and boutique, meeting and event, and others. Accommodation services refer to the provision of lodging facilities such as hotels, motels, hostels, and vacation rentals. It is used by both solo travelers and families, and it is sold through online and conventional channels.

State Of The Hospitality Market Segmentation

The state of the hospitality market covered in this report is segmented –

1) By Services: Accommodation, Food And Beverage, Entertainment And Leisure, Travel And Transportation, Luxury And Boutique, Meeting And Event, Other Services

2) By Type of Customers: Solo Travelers, Family

3) By Sales Channel: Online Channels, Conventional Channels

Global State Of The Hospitality Market Size 2023 to 2028: Graph

State Of The Hospitality Market Size 2024 And Growth Rate

The state of the hospitality market size has grown rapidly in recent years. It will grow from $3448.47 billion in 2023 to $3981.51 billion in 2024 at a compound annual growth rate (CAGR) of 15.5%. The growth in the historic period can be attributed to development of infrastructure and transportation, increasing popularity of experiential travel, expansion of international hotel chains, rising middle class in emerging markets, high demand for unique and differentiated experiences.

State Of The Hospitality Market Growth Forecast

The state of the hospitality market size is expected to see rapid growth in the next few years. It will grow to $7108.41 billion in 2028 at a compound annual growth rate (CAGR) of 15.6%. The growth in the forecast period can be attributed to increase in disposable income and spending power, expansion of digital booking platforms, growth of the millennial and gen z traveler segments, recovery from global economic downturns and pandemics, growing importance of health and wellness amenities. Major trends in the forecast period include focus on sustainability and eco-friendly practices, demand for personalization and customization of guest experiences, integration of smart technology and automation, expansion of hotel brands into new and emerging markets, enhanced focus on safety and hygiene standards.

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State Of The Hospitality Market Driver: Travel And Tourism Surge Driving Growth And Resilience In The Hospitality Market

The expansion of travel and tourism is expected to propel the growth of the state of the hospitality market going forward. Travel and tourism refer to the activities of people traveling to and staying in places outside their usual environment for leisure, business, or other purposes. The demand for tourism arises from people's desire for leisure, cultural experiences, adventure, and relaxation, as well as business and educational opportunities. Travel and tourism drive the growth and development of the hospitality market by increasing demand for accommodation, dining, and related services. This influx of tourists stimulates economic activity by creating jobs and generating revenue for local businesses and governments. For instance, in May 2023, UN Tourism, a Spain-based specialized agency of the United Nations that promotes responsible, sustainable, and universally accessible tourism, reported that the travel and tourism sector experienced substantial growth, with international arrivals in Q1 2023 reaching 80% of pre-pandemic levels, more than double from 2022. Tourism receipts in 2022 hit USD 1 trillion, a 50% increase from 2021. The Middle East led this recovery, exceeding 2019 arrival levels, while Europe and Africa followed closely, recovering 90% and 88% of pre-pandemic levels. Therefore, the expansion of travel and tourism is driving the growth of the state of the hospitality market.

Global State Of The Hospitality Market Major Players

Major companies operating in the state of the hospitality market are Rosewood Hotel Group Ltd., Marriott International Inc., Four Seasons Hotels Limited, Hilton Worldwide Holdings Inc., Jumeirah International LLC, Hyatt Hotels Corporation, Radisson Hospitality Inc., Accor SA, InterContinental Hotels Group plc (IHG), Kerzner International Holdings Limited, Choice Hotels International Inc., Wyndham Hotels & Resorts Inc., Shangri-La Asia Limited, The Hongkong and Shanghai Hotels Limited, The Ritz-Carlton Hotel Company L.L.C., ONYX Hospitality Group, Belmond Ltd., Mandarin Oriental Hotel Group International Limited, Banyan Tree Holdings Limited, Oberoi Hotels & Resorts, The Indian Hotels Company Limited (Taj Hotels), Langham Hospitality Group Limited, Minor International PCL, Dusit Thani Public Company Limited, Aman Group Sarl

Global State Of The Hospitality Market Trend: Technological Advancements In The Hospitality Market

Major companies operating in the state of the hospitality market are developing technologically advanced solutions, such as dynamic pricing and revenue management software, to enhance operational efficiency, optimize revenue, and provide personalized guest experiences. Dynamic pricing and revenue management software uses algorithms and data analysis to adjust prices in real-time based on market conditions, demand, and competition. For instance, in February 2023, PriceLabs, a US-based company that integrates with Airbnb, Vrbo, and 100+ property management systems (PMSs) and provides data-driven pricing recommendations, launched a Spanish-language version of its dynamic pricing and revenue management software, tailored to enhance usability for Spanish-speaking users. This localized version helps hoteliers by providing an intuitive interface and improved understanding of the software, leading to better revenue management and optimized listing performance. It integrates real-time market data and automated rate adjustments, allowing users to make informed pricing decisions. The new version aims to boost productivity for property managers and hosts across Spanish-speaking countries, supporting their efforts to maximize profitability.

State Of The Hospitality Market Merger And Acquisition: Hilton Acquires Sydell Group To Expand Into Luxury Lifestyle Hotels With NoMad Brand

In April 2024, Hilton, a US-based global brand of full-service hotels and resorts, acquired Sydell Group for an undisclosed amount. The acquisition aims to expand Hilton's portfolio into the luxury lifestyle hotel market through the acquisition of a majority stake in the NoMad brand. This strategic move will leverage Hilton’s commercial strength to develop up to 100 NoMad properties globally, enhancing its offerings with unique, high-end experiences while maintaining NoMad's distinctive brand identity and independent ownership of properties. Sydell Group is a US-based hospitality company known for creating and managing dynamic lifestyle hotel brands.

Regional Insights For The Global State Of The Hospitality Market

North America was the largest region in the state of the hospitality market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the state of the hospitality market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the state of the hospitality market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The state of the hospitality market includes revenues earned by entities by consulting services, financial advisory, regulatory and compliance support and real estate services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The state of the hospitality market research report is one of a series of new reports from The Business Research Company that provides state of the hospitality market statistics, including state of the hospitality industry global market size, regional shares, competitors with a state of the hospitality market share, detailed state of the hospitality market segments, market trends and opportunities, and any further data you may need to thrive in the state of the hospitality industry. This state of the hospitality market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

State Of The Hospitality Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2024	$3981.51 billion
Revenue Forecast In 2033	$7108.41 billion
Growth Rate	CAGR of 15.6% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Services: Accommodation, Food And Beverage, Entertainment And Leisure, Travel And Transportation, Luxury And Boutique, Meeting And Event, Other Services 2) By Type of Customers: Solo Travelers, Family 3) By Sales Channel: Online Channels, Conventional Channels
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Rosewood Hotel Group Ltd., Marriott International Inc., Four Seasons Hotels Limited, Hilton Worldwide Holdings Inc., Jumeirah International LLC, Hyatt Hotels Corporation, Radisson Hospitality Inc., Accor SA, InterContinental Hotels Group plc (IHG), Kerzner International Holdings Limited, Choice Hotels International Inc., Wyndham Hotels & Resorts Inc., Shangri-La Asia Limited, The Hongkong and Shanghai Hotels Limited, The Ritz-Carlton Hotel Company L.L.C., ONYX Hospitality Group, Belmond Ltd., Mandarin Oriental Hotel Group International Limited, Banyan Tree Holdings Limited, Oberoi Hotels & Resorts, The Indian Hotels Company Limited (Taj Hotels), Langham Hospitality Group Limited, Minor International PCL, Dusit Thani Public Company Limited, Aman Group Sarl
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1. Executive Summary

2. State Of The Hospitality Market Characteristics

3. State Of The Hospitality Market Trends And Strategies

4. State Of The Hospitality Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global State Of The Hospitality Market Size and Growth

5.1. Global State Of The Hospitality Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global State Of The Hospitality Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global State Of The Hospitality Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. State Of The Hospitality Market Segmentation

6.1. Global State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Accommodation

Food And Beverage

Entertainment And Leisure

Travel And Transportation

Luxury And Boutique

Meeting And Event

Other Services

6.2. Global State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Solo Travelers

Family

6.3. Global State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Online Channels

Conventional Channels

7. State Of The Hospitality Market Regional And Country Analysis

7.1. Global State Of The Hospitality Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global State Of The Hospitality Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific State Of The Hospitality Market

8.1. Asia-Pacific State Of The Hospitality Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China State Of The Hospitality Market

9.1. China State Of The Hospitality Market Overview

9.2. China State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India State Of The Hospitality Market

10.1. India State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan State Of The Hospitality Market

11.1. Japan State Of The Hospitality Market Overview

11.2. Japan State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia State Of The Hospitality Market

12.1. Australia State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia State Of The Hospitality Market

13.1. Indonesia State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea State Of The Hospitality Market

14.1. South Korea State Of The Hospitality Market Overview

14.2. South Korea State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe State Of The Hospitality Market

15.1. Western Europe State Of The Hospitality Market Overview

15.2. Western Europe State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK State Of The Hospitality Market

16.1. UK State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany State Of The Hospitality Market

17.1. Germany State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France State Of The Hospitality Market

18.1. France State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy State Of The Hospitality Market

19.1. Italy State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain State Of The Hospitality Market

20.1. Spain State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe State Of The Hospitality Market

21.1. Eastern Europe State Of The Hospitality Market Overview

21.2. Eastern Europe State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia State Of The Hospitality Market

22.1. Russia State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America State Of The Hospitality Market

23.1. North America State Of The Hospitality Market Overview

23.2. North America State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA State Of The Hospitality Market

24.1. USA State Of The Hospitality Market Overview

24.2. USA State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada State Of The Hospitality Market

25.1. Canada State Of The Hospitality Market Overview

25.2. Canada State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America State Of The Hospitality Market

26.1. South America State Of The Hospitality Market Overview

26.2. South America State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil State Of The Hospitality Market

27.1. Brazil State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East State Of The Hospitality Market

28.1. Middle East State Of The Hospitality Market Overview

28.2. Middle East State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa State Of The Hospitality Market

29.1. Africa State Of The Hospitality Market Overview

29.2. Africa State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. State Of The Hospitality Market Competitive Landscape And Company Profiles

30.1. State Of The Hospitality Market Competitive Landscape

30.2. State Of The Hospitality Market Company Profiles

30.2.1. Rosewood Hotel Group Ltd.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Marriott International Inc.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Four Seasons Hotels Limited

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Hilton Worldwide Holdings Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Jumeirah International LLC

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. State Of The Hospitality Market Other Major And Innovative Companies

31.1. Hyatt Hotels Corporation

31.2. Radisson Hospitality Inc.

31.3. Accor SA

31.4. InterContinental Hotels Group plc (IHG)

31.5. Kerzner International Holdings Limited

31.6. Choice Hotels International Inc.

31.7. Wyndham Hotels & Resorts Inc.

31.8. Shangri-La Asia Limited

31.9. The Hongkong and Shanghai Hotels Limited

31.10. The Ritz-Carlton Hotel Company L.L.C.

31.11. ONYX Hospitality Group

31.12. Belmond Ltd.

31.13. Mandarin Oriental Hotel Group International Limited

31.14. Banyan Tree Holdings Limited

31.15. Oberoi Hotels & Resorts

32. Global State Of The Hospitality Market Competitive Benchmarking

33. Global State Of The Hospitality Market Competitive Dashboard

34. Key Mergers And Acquisitions In The State Of The Hospitality Market

35. State Of The Hospitality Market Future Outlook and Potential Analysis

35.1 State Of The Hospitality Market In 2028 - Countries Offering Most New Opportunities

35.2 State Of The Hospitality Market In 2028 - Segments Offering Most New Opportunities

35.3 State Of The Hospitality Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global State Of The Hospitality Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global State Of The Hospitality Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Rosewood Hotel Group Ltd. Financial Performance

Table 75: Marriott International Inc. Financial Performance

Table 76: Four Seasons Hotels Limited Financial Performance

Table 77: Hilton Worldwide Holdings Inc. Financial Performance

Table 78: Jumeirah International LLC Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global State Of The Hospitality Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global State Of The Hospitality Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, State Of The Hospitality Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, State Of The Hospitality Market, Segmentation By Type of Customers, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, State Of The Hospitality Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Rosewood Hotel Group Ltd. Financial Performance

Figure 75: Marriott International Inc. Financial Performance

Figure 76: Four Seasons Hotels Limited Financial Performance

Figure 77: Hilton Worldwide Holdings Inc. Financial Performance

Figure 78: Jumeirah International LLC Financial Performance

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Frequently Asked Questions

What is the definition of the state of the hospitality market?

How will the state of the hospitality market drivers and restraints affect the state of the hospitality market dynamics? What forces will shape the state of the hospitality industry going forward?

The state of the hospitality market major growth driver - Travel And Tourism Surge Driving Growth And Resilience In The Hospitality Market. For further insights on the state of the hospitality market, request a sample here

What is the forecast market size or the forecast market value of the state of the hospitality market?

The state of the hospitality market size has grown rapidly in recent years. It will grow from $3448.47 billion in 2023 to $3981.51 billion in 2024 at a compound annual growth rate (CAGR) of 15.5%. The growth in the historic period can be attributed to development of infrastructure and transportation, increasing popularity of experiential travel, expansion of international hotel chains, rising middle class in emerging markets, high demand for unique and differentiated experiences. The state of the hospitality market size is expected to see rapid growth in the next few years. It will grow to $7108.41 billion in 2028 at a compound annual growth rate (CAGR) of 15.6%. The growth in the forecast period can be attributed to increase in disposable income and spending power, expansion of digital booking platforms, growth of the millennial and gen z traveler segments, recovery from global economic downturns and pandemics, growing importance of health and wellness amenities. Major trends in the forecast period include focus on sustainability and eco-friendly practices, demand for personalization and customization of guest experiences, integration of smart technology and automation, expansion of hotel brands into new and emerging markets, enhanced focus on safety and hygiene standards. For further insights on the state of the hospitality market, request a sample here

How is the state of the hospitality market segmented?

The state of the hospitality market is segmented
1) By Services: Accommodation, Food And Beverage, Entertainment And Leisure, Travel And Transportation, Luxury And Boutique, Meeting And Event, Other Services
2) By Type of Customers: Solo Travelers, Family
3) By Sales Channel: Online Channels , Conventional ChannelsFor further insights on the state of the hospitality market, request a sample here

Which region has the largest share of the state of the hospitality market? What are the other regions covered in the report?

North America was the largest region in the state of the hospitality market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the state of the hospitality market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the state of the hospitality market, request a sample here.

Who are the major players in the state of the hospitality market?

Major companies operating in the state of the hospitality market are Rosewood Hotel Group Ltd., Marriott International Inc., Four Seasons Hotels Limited, Hilton Worldwide Holdings Inc., Jumeirah International LLC, Hyatt Hotels Corporation, Radisson Hospitality Inc., Accor SA, InterContinental Hotels Group plc (IHG), Kerzner International Holdings Limited, Choice Hotels International Inc., Wyndham Hotels & Resorts Inc., Shangri-La Asia Limited, The Hongkong and Shanghai Hotels Limited, The Ritz-Carlton Hotel Company L.L.C., ONYX Hospitality Group, Belmond Ltd., Mandarin Oriental Hotel Group International Limited, Banyan Tree Holdings Limited, Oberoi Hotels & Resorts, The Indian Hotels Company Limited (Taj Hotels), Langham Hospitality Group Limited, Minor International PCL , Dusit Thani Public Company Limited, Aman Group Sarl For further insights on the state of the hospitality market, request a sample here.

What are the key trends in the state of the hospitality market?

Major trend in the state of the hospitality market - Technological Advancements In The Hospitality Market. For further insights on the state of the hospitality market, request a sample here.

What are the major opportunities in the state of the hospitality market? What are the strategies for the state of the hospitality market?

For detailed insights on the major opportunities and strategies in the state of the hospitality market, request a sample here.

How does the state of the hospitality market relate to the overall economy and other similar markets?

For detailed insights on state of the hospitality market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the state of the hospitality industry?

For detailed insights on the mergers and acquisitions in the state of the hospitality industry, request a sample here.

What are the key dynamics influencing the state of the hospitality market growth? SWOT analysis of the state of the hospitality market.

For detailed insights on the key dynamics influencing the state of the hospitality market growth and SWOT analysis of the state of the hospitality industry, request a sample here.