Analysts’ Viewpoint on Hotels Market Scenario
The global hotels market is primarily driven by the large presence of key players in the market. According to the World Travel & Tourism Council (WTTC), more than 170 players operate in the global hotels market. Rise in millennial population, increase in disposable income, and growth in awareness about travel-related news are the prominent factors boosting the number of travel trips across the globe. Increase in penetration of smartphones, particularly in Asia Pacific, is also driving the market. Key players in the market are carrying out comprehensive R&D activities, primarily to provide improved facilities to their customers.
The hotel industry grew significantly in terms of occupancy and revenue in 2021. Hoteliers routinely analyze the market and are in search of the next opportunity that could potentially revolutionize the hospitality industry in order to stay ahead of the competition and continue on the upward trajectory. Rise in purchasing power of consumers across the globe, developing economies, and digitization are fueling the travel and tourism industry. This is expected to create lucrative opportunities for players operating in the global hotels market during the forecast period.
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Improving economies, ever-expanding middle-class population, rapid advancements in the technology sector, and increasing population of the millennial workforce have significantly boosted the frequency of business travel. Additionally, growth in corporate profits and globalized business sector have substantially increased the spending capacity of corporates on business travel. This rise in business travel expenditure is expected to contribute to the growth of the global hotels market.
As per GBTA (Global Business Travel Association), global business travel activity has started its rebound from the sharp downturn brought about by the COVID-19 pandemic. Global expenditures are expected to have rebounded by 14% to US$ 754 Bn in 2021, after declining by 53.8% in 2020. A year-over-year surge of 38% is expected in 2022, despite recovery setbacks in 2021, as recovery and pent-up demand increase rapidly, bringing global business travel spending back to over US$ 1 Trn.
Millennials throughout the globe have high expectations from the hotel industry. This generation aspires for a personalized experience and is also willing to pay a premium for it. Such consumer trends are encouraging hotel companies to partner with several other industries to enhance the overall customer experience. Some of the key industries that are enabling hoteliers to upgrade their services include information technology, luxury fashion brands, and entertainment. These partnerships allow hotel companies to leverage their room rents, which subsequently increases the ADR (Average Daily Rent) value, thus fueling the global hotels market.
Growth in global consumer spending capability has dynamically transformed the customer preference for hotels. Majority of the traveling population nowadays opts for chain hotels over independent hotels. Therefore, some of the major hotel chains across the globe have stepped up by enhancing their services and implementing a variety of strategies in order to gain more traction in the global hotels market. In recent years, health and wellness resorts have received substantial attention, encouraging hotel chains across the world to include alternative medicine services and high-end spas, knowing that certain travelers are willing to spend a premium to access these services.
Asia Pacific is the largest hotels market, followed by North America and Europe, across the globe. Asia Pacific has the largest middle-class population in the world. Growth in population, especially among the millennials, across emerging economies such as China and India, rise in disposable income, and increase in number of travelers are the factors driving the market in Asia Pacific.
The hotels market in North America and Europe is mature. Leisure travel spending holds a major share of the market in North America compared to business travel spending. Similarly, domestic travel spending holds a prominent market share compared to international travel spending. Business hotels and casinos are the most popular in North America and hold the largest market share. Leisure travel spending and domestic travel spending hold a major share of the market in Europe. The market in Middle East & Africa (MEA) and South America is growing. This trend is expected to continue during the forecast period.
The global hotels market is consolidated, with a few large-scale vendors controlling a majority of the share. Most of the firms are investing significantly in comprehensive R&D activities, primarily to provide luxurious facilities to their customers. Expansion of hotel chains and mergers & acquisitions are the key strategies adopted by market players. Marriott International, Accor, Hyatt Hotels, Hilton Worldwide, InterContinental Hotels Group, Best Western Hotels, Choice Hotels International, Inc., Wyndham Destinations, and Radisson Hotel Group are the prominent players operating in this market.
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Each of these players has been profiled in global hotels market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
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Attribute |
Detail |
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Market Size Value in 2021 |
US$ 628.4 Bn |
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Market Forecast Value in 2031 |
US$ 1.27 Trn |
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Growth Rate (CAGR) |
8.1% |
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Forecast Period |
2022–2031 |
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Historical Data Available for |
2017–2020 |
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Quantitative Units |
US$ Bn/US$ Trn for Value |
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Market Analysis |
It includes cross-segment analysis at the global as well as regional levels. Furthermore, the qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
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Competition Landscape |
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Format |
Electronic (PDF) + Excel |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
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Companies Profiled |
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Customization Scope |
Available upon request |
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Pricing |
Available upon request |
The hotels market stood at US$ 628.4 Bn in 2021
The hotels market is estimated to register a CAGR of 8.1% during the forecast period
Robust growth in business travel expenditure
The business/commercial hotels segment accounts for 43% share of the hotels market
Asia Pacific is more attractive for vendors in the hotels market
Marriott International, Accor, Hyatt Hotels, Hilton Worldwide, InterContinental Hotels Group, Best Western Hotels, Choice Hotels International, Inc., Wyndham Destinations, Radisson Hotel Group, etc.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Market Indicators
5.3. Overall Travel & Tourism Market
5.4. Key Trend Analysis
5.4.1. Supplier Side
5.4.2. Demand Side
5.5. Industry SWOT Analysis
5.6. Technology Overview
5.7. Porter’s Five Forces Analysis
5.8. Value Chain Analysis
5.9. COVID-19 Impact Analysis
5.10. Global Hotels Market Analysis and Forecast, 2017- 2031
5.10.1. Market Value Projections (US$ Bn)
6. Global Hotels Market Analysis and Forecast, by Hotel Type
6.1. Global Hotels Market Size (US$ Bn), by Hotel Type, 2017- 2031
6.1.1. Business/Commercial Hotels
6.1.2. Boutique Hotels
6.1.3. Resort Hotels
6.1.4. Casino Hotels
6.1.5. Transit Hotels
6.1.6. Bed & Breakfast Hotels
6.1.7. Others
6.2. Incremental Opportunity, by Hotel Type
7. Global Hotels Market Analysis and Forecast, by Business Model
7.1. Global Hotels Market Size (US$ Bn), by Business Model, 2017- 2031
7.1.1. Independent
7.1.2. Chain
7.2. Incremental Opportunity, by Business Model
8. Global Hotels Market Analysis and Forecast, by Room Capacity
8.1. Global Hotels Market Size (US$ Bn), by Room Capacity, 2017- 2031
8.1.1. Small
8.1.2. Medium
8.1.3. Large
8.1.4. Mega
8.2. Incremental Opportunity, by Room Capacity
9. Global Hotels Market Analysis and Forecast, by Price Level
9.1. Global Hotels Market Size (US$ Bn), by Price Level, 2017- 2031
9.1.1. Luxury
9.1.2. Upscale
9.1.3. Midscale
9.1.4. Economy
9.2. Incremental Opportunity, by Price Level
9.3. Hotels Market Size (US$ Bn) by Booking Mode, 2017- 2031
9.3.1. Online
9.3.2. Offline
10. Global Hotels Market Analysis and Forecast, by Region
10.1. Global Hotels Market Size (US$ Bn), by Region, 2017- 2031
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Middle East & Africa
10.1.5. South America
10.2. Incremental Opportunity, by Region
11. North America Hotels Market Analysis and Forecast
11.1. Regional Snapshot
11.2. Brand Analysis
11.3. Demographic Overview
11.4. Consumer Buying Behaviour
11.5. Key Trends Analysis
11.5.1. Supply side
11.5.2. Demand Side
11.6. Price Trend Analysis
11.6.1. Weighted Average Selling Price (US$)
11.7. Hotels Market Size (US$ Bn), by Hotel Type, 2017- 2031
11.7.1. Business/Commercial Hotels
11.7.2. Boutique Hotels
11.7.3. Resort Hotels
11.7.4. Casino Hotels
11.7.5. Transit Hotels
11.7.6. Bed & Breakfast Hotels
11.7.7. Others
11.8. Hotels Market Size (US$ Bn), by Business Model, 2017- 2031
11.8.1. Independent
11.8.2. Chain
11.9. Hotels Market Size (US$ Bn), by Room Capacity, 2017- 2031
11.9.1. Small
11.9.2. Medium
11.9.3. Large
11.9.4. Mega
11.10. Hotels Market Size (US$ Bn), by Price Level, 2017- 2031
11.10.1. Luxury
11.10.2. Upscale
11.10.3. Midscale
11.10.4. Economy
11.11. Hotels Market Size (US$ Bn), by Booking Mode, 2017- 2031
11.11.1. Online
11.11.2. Offline
11.12. Hotels Market Size (US$ Bn), by Country & Sub-region, 2017- 2031
11.12.1. U.S.
11.12.2. Canada
11.12.3. Rest of North America
11.13. Incremental Opportunity Analysis
12. Europe Hotels Market Analysis and Forecast
12.1. Regional Snapshot
12.2. Brand Analysis
12.3. Demographic Overview
12.4. Consumer Buying Behaviour
12.5. Key Trends Analysis
12.5.1. Supply side
12.5.2. Demand Side
12.6. Price Trend Analysis
12.6.1. Weighted Average Selling Price (US$)
12.7. Hotels Market Size (US$ Bn), by Hotel Type, 2017- 2031
12.7.1. Business/Commercial Hotels
12.7.2. Boutique Hotels
12.7.3. Resort Hotels
12.7.4. Casino Hotels
12.7.5. Transit Hotels
12.7.6. Bed & Breakfast Hotels
12.7.7. Others
12.8. Hotels Market Size (US$ Bn), by Business Model, 2017- 2031
12.8.1. Independent
12.8.2. Chain
12.9. Hotels Market Size (US$ Bn), by Room Capacity, 2017- 2031
12.9.1. Small
12.9.2. Medium
12.9.3. Large
12.9.4. Mega
12.10. Hotels Market Size (US$ Bn), by Price Level, 2017- 2031
12.10.1. Luxury
12.10.2. Upscale
12.10.3. Midscale
12.10.4. Economy
12.11. Hotels Market Size (US$ Bn), by Booking Mode, 2017- 2031
12.11.1. Online
12.11.2. Offline
12.12. Hotels Market Size (US$ Bn), by Country & Sub-region, 2017- 2031
12.12.1. U.K.
12.12.2. Germany
12.12.3. France
12.12.4. Rest of Europe
12.13. Incremental Opportunity Analysis
13. Asia Pacific Hotels Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Brand Analysis
13.3. Demographic Overview
13.4. Consumer Buying Behaviour
13.5. Key Trends Analysis
13.5.1. Supply side
13.5.2. Demand Side
13.6. Price Trend Analysis
13.6.1. Weighted Average Selling Price (US$)
13.7. Hotels Market Size (US$ Bn), by Hotel Type, 2017- 2031
13.7.1. Business/Commercial Hotels
13.7.2. Boutique Hotels
13.7.3. Resort Hotels
13.7.4. Casino Hotels
13.7.5. Transit Hotels
13.7.6. Bed & Breakfast Hotels
13.7.7. Others
13.8. Hotels Market Size (US$ Bn), by Business Model, 2017- 2031
13.8.1. Independent
13.8.2. Chain
13.9. Hotels Market Size (US$ Bn), by Room Capacity, 2017- 2031
13.9.1. Small
13.9.2. Medium
13.9.3. Large
13.9.4. Mega
13.10. Hotels Market Size (US$ Bn), by Price Level, 2017- 2031
13.10.1. Luxury
13.10.2. Upscale
13.10.3. Midscale
13.10.4. Economy
13.11. Hotels Market Size (US$ Bn) by Booking Mode, 2017- 2031
13.11.1. Online
13.11.2. Offline
13.12. Hotels Market Size (US$ Bn), by Country & Sub-region, 2017- 2031
13.12.1. China
13.12.2. India
13.12.3. Japan
13.12.4. Rest of Asia Pacific
13.13. Incremental Opportunity Analysis
14. Middle East & Africa Hotels Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Brand Analysis
14.3. Demographic Overview
14.4. Consumer Buying Behaviour
14.5. Key Trends Analysis
14.5.1. Supply side
14.5.2. Demand Side
14.6. Price Trend Analysis
14.6.1. Weighted Average Selling Price (US$)
14.7. Hotels Market Size (US$ Bn), by Hotel Type, 2017- 2031
14.7.1. Business/Commercial Hotels
14.7.2. Boutique Hotels
14.7.3. Resort Hotels
14.7.4. Casino Hotels
14.7.5. Transit Hotels
14.7.6. Bed & Breakfast Hotels
14.7.7. Others
14.8. Hotels Market Size (US$ Bn), by Business Model, 2017- 2031
14.8.1. Independent
14.8.2. Chain
14.9. Hotels Market Size (US$ Bn), by Room Capacity, 2017- 2031
14.9.1. Small
14.9.2. Medium
14.9.3. Large
14.9.4. Mega
14.10. Hotels Market Size (US$ Bn), by Price Level, 2017- 2031
14.10.1. Luxury
14.10.2. Upscale
14.10.3. Midscale
14.10.4. Economy
14.11. Hotels Market Size (US$ Bn), by Booking Mode, 2017- 2031
14.11.1. Online
14.11.2. Offline
14.12. Hotels Market Size (US$ Bn), by Country & Sub-region, 2017- 2031
14.12.1. GCC
14.12.2. South Africa
14.12.3. Rest of Middle East & Africa
14.13. Incremental Opportunity Analysis
15. South America Hotels Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Brand Analysis
15.3. Demographic Overview
15.4. Consumer Buying Behaviour
15.5. Key Trends Analysis
15.5.1. Supply side
15.5.2. Demand Side
15.6. Price Trend Analysis
15.6.1. Weighted Average Selling Price (US$)
15.7. Hotels Market Size (US$ Bn), by Hotel Type, 2017- 2031
15.7.1. Business/Commercial Hotels
15.7.2. Boutique Hotels
15.7.3. Resort Hotels
15.7.4. Casino Hotels
15.7.5. Transit Hotels
15.7.6. Bed & Breakfast Hotels
15.7.7. Others
15.8. Hotels Market Size (US$ Bn), by Business Model, 2017- 2031
15.8.1. Independent
15.8.2. Chain
15.9. Hotels Market Size (US$ Bn), by Room Capacity, 2017- 2031
15.9.1. Small
15.9.2. Medium
15.9.3. Large
15.9.4. Mega
15.10. Hotels Market Size (US$ Bn), by Price Level, 2017- 2031
15.10.1. Luxury
15.10.2. Upscale
15.10.3. Midscale
15.10.4. Economy
15.11. Hotels Market Size (US$ Bn), by Booking Mode, 2017- 2031
15.11.1. Online
15.11.2. Offline
15.12. Hotels Market Size (US$ Bn), by Country & Sub-region, 2017- 2031
15.12.1. Brazil
15.12.2. Rest of South America
15.13. Incremental Opportunity Analysis
16. Competition Landscape
16.1. Competition Dashboard
16.2. Market Share Analysis % (2021)
16.3. Company Profiles [Company Overview, Product Portfolio, Financial Information, (Subject to Data Availability), Business Strategies / Recent Developments]
16.3.1. Accor
16.3.1.1. Company Overview
16.3.1.2. Product Portfolio
16.3.1.3. Financial Information, (Subject to Data Availability)
16.3.1.4. Business Strategies / Recent Developments
16.3.2. Marriott international
16.3.2.1. Company Overview
16.3.2.2. Product Portfolio
16.3.2.3. Financial Information, (Subject to Data Availability)
16.3.2.4. Business Strategies / Recent Developments
16.3.3. Hyatt hotels
16.3.3.1. Company Overview
16.3.3.2. Product Portfolio
16.3.3.3. Financial Information, (Subject to Data Availability)
16.3.3.4. Business Strategies / Recent Developments
16.3.4. Hilton Worldwide
16.3.4.1. Company Overview
16.3.4.2. Product Portfolio
16.3.4.3. Financial Information, (Subject to Data Availability)
16.3.4.4. Business Strategies / Recent Developments
16.3.5. InterContinental Hotels Group
16.3.5.1. Company Overview
16.3.5.2. Product Portfolio
16.3.5.3. Financial Information, (Subject to Data Availability)
16.3.5.4. Business Strategies / Recent Developments
16.3.6. Best Western Hotels
16.3.6.1. Company Overview
16.3.6.2. Product Portfolio
16.3.6.3. Financial Information, (Subject to Data Availability)
16.3.6.4. Business Strategies / Recent Developments
16.3.7. Choice Hotels International, Inc.
16.3.7.1. Company Overview
16.3.7.2. Product Portfolio
16.3.7.3. Financial Information, (Subject to Data Availability)
16.3.7.4. Business Strategies / Recent Developments
16.3.8. Wyndham Destinations
16.3.8.1. Company Overview
16.3.8.2. Product Portfolio
16.3.8.3. Financial Information, (Subject to Data Availability)
16.3.8.4. Business Strategies / Recent Developments
16.3.9. Radisson Hotel Group
16.3.9.1. Company Overview
16.3.9.2. Product Portfolio
16.3.9.3. Financial Information, (Subject to Data Availability)
16.3.9.4. Business Strategies / Recent Developments
16.3.10. Indian Hotels Company Limited
16.3.10.1. Company Overview
16.3.10.2. Product Portfolio
16.3.10.3. Financial Information, (Subject to Data Availability)
16.3.10.4. Business Strategies / Recent Developments
17. Key Takeaways
17.1. Identification of Potential Market Spaces
17.1.1. Hotel Type
17.1.2. Business Model
17.1.3. Room Capacity
17.1.4. Price Level
17.1.5. Booking Mode
17.1.6. Geography
17.2. Understanding the Buying Process of Customers
17.3. Prevailing Market Risks
17.4. Preferred Sales & Marketing Strategy
List of Tables
Table 1: Global Hotels Market, By Hotel Type US$ Bn, 2017-2031
Table 2: Global Hotels Market, By Business Model US$ Bn, 2017-2031
Table 3: Global Hotels Market, By Room Capacity US$ Bn, 2017-2031
Table 4: Global Hotels Market, By Price Level US$ Bn, 2017-2031
Table 5: Global Hotels Market, By Booking Mode US$ Bn, 2017-2031
Table 6: Global Hotels Market, By Region US$ Bn, 2017-2031
Table 7: North America Hotels Market, By Hotel Type US$ Bn, 2017-2031
Table 8: North America Hotels Market, By Business Model US$ Bn, 2017-2031
Table 9: North America Hotels Market, By Room Capacity US$ Bn, 2017-2031
Table 10: North America Hotels Market, By Price Level US$ Bn, 2017-2031
Table 11: North America Hotels Market, By Booking Mode US$ Bn, 2017-2031
Table 12: North America Hotels Market, By Country US$ Bn, 2017-2031
Table 13: Europe Hotels Market, By Hotel Type US$ Bn, 2017-2031
Table 14: Europe Hotels Market, By Business Model US$ Bn, 2017-2031
Table 15: Europe Hotels Market, By Room Capacity US$ Bn, 2017-2031
Table 16: Europe Hotels Market, By Price Level US$ Bn, 2017-2031
Table 17: Europe Hotels Market, By Booking Mode US$ Bn, 2017-2031
Table 18: Europe Hotels Market, By Country US$ Bn, 2017-2031
Table 19: Asia Pacific Hotels Market, By Hotel Type US$ Bn, 2017-2031
Table 20: Asia Pacific Hotels Market, By Business Model US$ Bn, 2017-2031
Table 21: Asia Pacific Hotels Market, By Room Capacity US$ Bn, 2017-2031
Table 22: Asia Pacific Hotels Market, By Price Level US$ Bn, 2017-2031
Table 23: Asia Pacific Hotels Market, By Booking Mode US$ Bn, 2017-2031
Table 24: Asia Pacific Hotels Market, By Country US$ Bn, 2017-2031
Table 25: Middle East & Africa Hotels Market, By Hotel Type US$ Bn, 2017-2031
Table 26: Middle East & Africa Hotels Market, By Business Model US$ Bn, 2017-2031
Table 27: Middle East & Africa Hotels Market, By Room Capacity US$ Bn, 2017-2031
Table 28: Middle East & Africa Hotels Market, By Price Level US$ Bn, 2017-2031
Table 29: Middle East & Africa Hotels Market, By Booking Mode US$ Bn, 2017-2031
Table 30: Middle East & Africa Hotels Market, By Country US$ Bn, 2017-2031
Table 31: South America Hotels Market, By Hotel Type US$ Bn, 2017-2031
Table 32: South America Hotels Market, By Business Model US$ Bn, 2017-2031
Table 33: South America Hotels Market, By Room Capacity US$ Bn, 2017-2031
Table 34: South America Hotels Market, By Price Level US$ Bn, 2017-2031
Table 35: South America Hotels Market, By Booking Mode US$ Bn, 2017-2031
Table 36: South America Hotels Market, By Country US$ Bn, 2017-2031
List of Figures
Figure 1: Global Hotels Market, By Hotel Type US$ Bn, 2017-2031
Figure 2: Global Hotels Market, Incremental Opportunity, By Hotel Type, US$ Bn, 2017-2031
Figure 3: Global Hotels Market, By Business Model US$ Bn, 2017-2031
Figure 4: Global Hotels Market, Incremental Opportunity, By Business Model, US$ Bn, 2017-2031
Figure 5: Global Hotels Market, By Room Capacity US$ Bn, 2017-2031
Figure 6: Global Hotels Market, Incremental Opportunity, By Room Capacity US$ Bn, 2017-2031
Figure 7: Global Hotels Market, By Price Level US$ Bn, 2017-2031
Figure 8: Global Hotels Market, Incremental Opportunity, By Price Level US$ Bn, 2017-2031
Figure 9: Global Hotels Market, By Booking Mode US$ Bn, 2017-2031
Figure 10: Global Hotels Market, Incremental Opportunity, By Booking Mode US$ Bn, 2017-2031
Figure 11: Global Hotels Market, By Region US$ Bn, 2017-2031
Figure 12: Global Hotels Market, Incremental Opportunity, By Region US$ Bn, 2017-2031
Figure 13: North America Hotels Market, By Hotel Type US$ Bn, 2017-2031
Figure 14: North America Hotels Market, Incremental Opportunity, By Hotel Type, US$ Bn, 2017-2031
Figure 15: North America Hotels Market, By Business Model US$ Bn, 2017-2031
Figure 16: North America Hotels Market, Incremental Opportunity, By Business Model, US$ Bn, 2017-2031
Figure 17: North America Hotels Market, By Room Capacity US$ Bn, 2017-2031
Figure 18: North America Hotels Market, Incremental Opportunity, By Room Capacity US$ Bn, 2017-2031
Figure 19: North America Hotels Market, By Price Level US$ Bn, 2017-2031
Figure 20: North America Hotels Market, Incremental Opportunity, By Price Level US$ Bn, 2017-2031
Figure 21: North America Hotels Market, By Booking Mode US$ Bn, 2017-2031
Figure 22: North America Hotels Market, Incremental Opportunity, By Booking Mode US$ Bn, 2017-2031
Figure 23: North America Hotels Market, By Country US$ Bn, 2017-2031
Figure 24: North America Hotels Market, Incremental Opportunity, By Country US$ Bn, 2017-2031
Figure 25: Europe Hotels Market, By Hotel Type US$ Bn, 2017-2031
Figure 26: Europe Hotels Market, Incremental Opportunity, By Hotel Type, US$ Bn, 2017-2031
Figure 27: Europe Hotels Market, By Business Model US$ Bn, 2017-2031
Figure 28: Europe Hotels Market, Incremental Opportunity, By Business Model, US$ Bn, 2017-2031
Figure 29: Europe Hotels Market, By Room Capacity US$ Bn, 2017-2031
Figure 30: Europe Hotels Market, Incremental Opportunity, By Room Capacity US$ Bn, 2017-2031
Figure 31: Europe Hotels Market, By Price Level US$ Bn, 2017-2031
Figure 32: Europe Hotels Market, Incremental Opportunity, By Price Level US$ Bn, 2017-2031
Figure 33: Europe Hotels Market, By Booking Mode US$ Bn, 2017-2031
Figure 34: Europe Hotels Market, Incremental Opportunity, By Booking Mode US$ Bn, 2017-2031
Figure 35: Europe Hotels Market, By Country US$ Bn, 2017-2031
Figure 36: Europe Hotels Market, Incremental Opportunity, By Region US$ Bn, 2017-2031
Figure 37: Asia Pacific Hotels Market, By Hotel Type US$ Bn, 2017-2031
Figure 38: Asia Pacific Hotels Market, Incremental Opportunity, By Hotel Type, US$ Bn, 2017-2031
Figure 39: Asia Pacific Hotels Market, By Business Model US$ Bn, 2017-2031
Figure 40: Asia Pacific Hotels Market, Incremental Opportunity, By Business Model, US$ Bn, 2017-2031
Figure 41: Asia Pacific Hotels Market, By Room Capacity US$ Bn, 2017-2031
Figure 42: Asia Pacific Hotels Market, Incremental Opportunity, By Room Capacity US$ Bn, 2017-2031
Figure 43: Asia Pacific Hotels Market, By Price Level US$ Bn, 2017-2031
Figure 44: Asia Pacific Hotels Market, Incremental Opportunity, By Price Level US$ Bn, 2017-2031
Figure 45: Asia Pacific Hotels Market, By Booking Mode US$ Bn, 2017-2031
Figure 46: Asia Pacific Hotels Market, Incremental Opportunity, By Booking Mode US$ Bn, 2017-2031
Figure 47: Asia Pacific Hotels Market, By Country US$ Bn, 2017-2031
Figure 48: Asia Pacific Hotels Market, Incremental Opportunity, By Country US$ Bn, 2017-2031
Figure 49: Middle East & Africa Hotels Market, By Hotel Type US$ Bn, 2017-2032
Figure 50: Middle East & Africa Hotels Market, Incremental Opportunity, By Hotel Type, US$ Bn, 2017-2031
Figure 51: Middle East & Africa Hotels Market, By Business Model US$ Bn, 2017-2031
Figure 52: Middle East & Africa Hotels Market, Incremental Opportunity, By Business Model, US$ Bn, 2017-2031
Figure 53: Middle East & Africa Hotels Market, By Room Capacity US$ Bn, 2017-2031
Figure 54: Middle East & Africa Hotels Market, Incremental Opportunity, By Room Capacity US$ Bn, 2017-2031
Figure 55: Middle East & Africa Hotels Market, By Price Level US$ Bn, 2017-2031
Figure 56: Middle East & Africa Hotels Market, Incremental Opportunity, By Price Level US$ Bn, 2017-2031
Figure 57: Middle East & Africa Hotels Market, By Booking Mode US$ Bn, 2017-2031
Figure 58: Middle East & Africa Hotels Market, Incremental Opportunity, By Booking Mode US$ Bn, 2017-2031
Figure 59: Middle East & Africa Hotels Market, By Country US$ Bn, 2017-2031
Figure 60: Middle East & Africa Hotels Market, Incremental Opportunity, By Country US$ Bn, 2017-2031
Figure 61: South America Hotels Market, By Hotel Type US$ Bn, 2017-2031
Figure 62: South America Hotels Market, Incremental Opportunity, By Hotel Type, US$ Bn, 2017-2031
Figure 63: South America Hotels Market, By Business Model US$ Bn, 2017-2031
Figure 64: South America Hotels Market, Incremental Opportunity, By Business Model, US$ Bn, 2017-2031
Figure 65: South America Hotels Market, By Room Capacity US$ Bn, 2017-2031
Figure 66: South America Hotels Market, Incremental Opportunity, By Room Capacity US$ Bn, 2017-2031
Figure 67: South America Hotels Market, By Price Level US$ Bn, 2017-2031
Figure 68: South America Hotels Market, Incremental Opportunity, By Price Level US$ Bn, 2017-2031
Figure 69: South America Hotels Market, By Booking Mode US$ Bn, 2017-2031
Figure 70: South America Hotels Market, Incremental Opportunity, By Booking Mode US$ Bn, 2017-2031
Figure 71: South America Hotels Market, By Country US$ Bn, 2017-2031
Figure 72: South America Hotels Market, Incremental Opportunity, By Country US$ Bn, 2017-2031
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