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 2023-2030.
Market Overview
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Hotel And Other Travel Accommodation – Travel Accommodation market.Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Hotel And Other Travel Accommodation – Travel Accommodation market. In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner.The hotel and other travel accommodations market is made up of markets where organizations, sole proprietors, or partnerships that offer short-term accommodations sell short-term accommodations and related products in places like hotels, motor hotels, resort hotels, and motels. Hotels, motor hotels, resort hotels, and motels all have similar products. Facilities in this industry may offer food and drink services, recreational services, meeting rooms, convention services, laundry services, parking services, and other services. Hotels and motels are the two main types of places that people stay when they travel. There are hotels, bed and breakfasts, and all kinds of other places to stay for travelers.
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 years 2017 to 2030, with 2022 as the base year. This report gives a detailed look at how the global Hotel And Other Travel Accommodation Market is divided up. Regional market sizes are also given for products by type, by use, and by player. When figuring out how big the market was, we took into account the effects of COVID-19 and the war between Russia and Ukraine.
Click Here For A Free Sample PDF Copy Of The Hotel And Other Travel Accommodation – Travel Accommodation market Latest Research Before Purchase:
https://www.contrivedatuminsights.com/request-sample/9558
Segment Analysis
It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.
It provides a detailed description of the drivers and opportunities in the Hotel And Other Travel Accommodation – Travel Accommodation market, which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Hotel And Other Travel Accommodation – Travel Accommodation market, are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries.The global market is divided by type, use, price range, booking method, and region. The type segment includes hotel, hostel, resort, vacation rental, and other places. The study looks at both personal and professional uses, among others. The market is divided into three price ranges: economy, middle-range, and luxury. Bookings are separated into online travel agencies, hotel websites, and others, depending on how they were made. It is studied in North America (U.S., Canada, and Mexico), Europe (Germany, Spain, UK, Italy, France, Switzerland, and the rest of Europe), Asia-Pacific (India, China, Japan, Australia, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
By type, the global market is separated into hotels, hostels, resorts, vacation rentals, and others. Hotels have a big share of the travel accommodation market because they offer services like short-term lodging and meals for a fee. Vacation rentals are a popular way for travelers to stay these days. They give the people who use them a lot of different ways to stay. There are also motels, guesthouses, campgrounds, and couch surfing that travelers can use to find a place to stay.
Based on types, the Hotel And Other Travel Accommodation – Travel Accommodation market is segmented into:
- Hotel and Motel
- Casino Hotels
- Bed and Breakfast Accommodations
- All Other Traveller Accommodations
By Mode of Booking
- Online Bookings
- Direct Bookings
- Others
Based on application, the Hotel And Other Travel Accommodation – Travel Accommodation market is segmented into:
- Tourist Accommodation (Leisure)
- Official Business (Professional)
By Price Point
- Economy
- Mid-range
- Luxury
By Ownership
- Chained
- Standalone
Buy this Premium Research Report@
https://www.contrivedatuminsights.com/buy/9558
Recent Development
Regional Analysis
The global market for travel accommodations is looked at in North America, Europe, Asia-Pacific, and Latin America, the Caribbean, and Africa (LAMEA). In terms of revenue, Europe is the biggest market, but the Asia-Pacific region is expected to grow at the fastest rate over the next few years. Europe has a big share of the world market because more tourists are coming to the area. Europe has become the most popular vacation spot for travelers over the past few years.
Regional Hotel And Other Travel Accommodation – Travel Accommodation market coverage (Regional Status, Demand Forecast, Country Trends, etc.):
-
- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
- Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in Hotel And Other Travel Accommodation – Travel Accommodation market include:
-
- Hotel And Other Travel Accommodation – Travel Accommodation market Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
Report Customization: This report will be customized to your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
Key Market Participants in the Hotel And Other Travel Accommodation – Travel Accommodation market:
Marriott International, Hilton Worldwide, Wyndham Corporation, Hyatt Hotels Corporation,
Recent Development
ABOUT US
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.
CONTACT US
Anna B. (Head Of sales) | Contrive Datum Insights
Contact No- IND: +91 9834816757 / CANADA: +1 (215) 297 4078
Email Id : anna@contrivedatuminsights.com