The Hotel And Other Travel Accommodation Market research reports 2023-2030. A detailed study accumulated to offer the Latest insights about acute features of the Global Hotel And Other Travel Accommodation market. This report provides a detailed overview of key factors in the Hotel And Other Travel Accommodation Market and factors such as driver, restraint, past, and current trends, regulatory scenarios, and technology development. This report elaborates the market size, revenue, and growth of the Hotel And Other Travel Accommodation industry, and breaks it down according to the type, application, and consumption area of Hotel And Other Travel Accommodation. The report also conducted a PESTEL analysis of the industry to study the industry’s main influencing factors and entry barriers.
The Global Hotel and Other Travel Accommodation Market are expected to grow from US$ 956.2 billion in 2022 at a CAGR of 3%. The market is expected to grow at a CAGR of 10% starting in 2022 and reach US$ 1229.4 billion by 2029, between 2022-2030
Some of the key players profiled in the study are:
Marriott International, Hilton Worldwide, Wyndham Corporation, Hyatt Hotels Corporation, Four Seasons Hotels & Resorts
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Market Overview
The hotel and other travel accommodations market is made up of markets where organisations, sole proprietors, or partnerships that offer short-term accommodation services sell short-term accommodation services and related products in places like hotels, motor hotels, resort hotels, and motels. Related products from hotels, motor hotels, resort hotels, and motels. Facilities in this industry may offer food and drink services, recreation services, meeting rooms, convention services, laundry services, parking services, and other services. The market for hotels and other places to stay for travellers is split into hotels and motels. You can stay in a casino hotel, a bed and breakfast, or any other type of travel accommodation.
Hotel and Other Travel Accommodation Market size, estimates, and forecasts are given in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period from 2017 to 2030, with 2022 as the base year. This report breaks down the global Hotel And Other Travel Accommodation Market into sections. Regional market sizes related to products by type, by application, and by player are also given. When figuring out the size of the market, we took into account the effects of COVID-19 and the Russian-Ukraine war.
Market Segmentation
By Type:
- Hotel and Motel
- Casino Hotels
- Bed and Breakfast Accommodations
- All Other Traveller Accommodations
By Mode of Booking
- Online Bookings
- Direct Bookings
- Others
By Application:
- Tourist Accommodation (Leisure)
- Official Business (Professional)
By Price Point
- Economy
- Mid-range
- Luxury
By Ownership
- Chained
- Standalone
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Country Level Break-Up:
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
Influence of the Hotel And Other Travel Accommodation market report:
-Comprehensive assessment of all opportunities and risks in the Hotel And Other Travel Accommodation market.
-Hotel And Other Travel Accommodation market recent innovations and major events.
-Detailed study of business strategies for growth of the Hotel And Other Travel Accommodation market-leading players.
-Conclusive study about the growth plot of the Hotel And Other Travel Accommodation market for forthcoming years.
-In-depth understanding of Hotel And Other Travel Accommodation market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Hotel And Other Travel Accommodation market.
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