Global Hotel Travel Accommodation Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Hotel Travel Accommodation Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Hotel travel accommodation refers to lodging service rented by travelers for the purpose of stay. The ideal choice of stay is determined depending upon multiple factors such as purpose & budget of travel accommodation, availability of the property, and mode of booking. Accommodation can be booked through various sources, which include online travel agencies, hotel websites, booking through agents, and direct bookings. Hotels offer a range of services primarily based on budget considerations.

According to our (Global Info Research) latest study, the global Hotel Travel Accommodation market size was valued at US$ 505420 million in 2023 and is forecast to a readjusted size of USD 817140 million by 2030 with a CAGR of 7.0% during review period.

Luxury hotels target high-paying guests seeking exceptional services and premium room features, while budget-friendly accommodations provide cost-effective options to a broader demographic. The hotel industry has experienced substantial growth, driven significantly by the expanding tourism sector. The increasing number of individuals traveling for leisure and vacations has multiplied over the decades. This surge in leisure travel has directly stimulated the demand for hotels as preferred accommodation options for travelers. Simultaneously, the rise in international business activities across various regions has given impetus to professional tourism. Business-related events such as meetings, conferences, and exhibitions have witnessed an uptick, consequently fueling the demand for hotels as a preferred choice for travel accommodation.

This report is a detailed and comprehensive analysis for global Hotel Travel Accommodation market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Hotel Travel Accommodation market size and forecasts, in consumption value ($ Million), 2019-2030

Global Hotel Travel Accommodation market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Hotel Travel Accommodation market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Hotel Travel Accommodation market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Hotel Travel Accommodation

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Hotel Travel Accommodation market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Red Lion Hotels Corporation, Hilton Worldwide Holdings Inc, Marriott International, Radisson Hotel Group, Accor Hotels Group, Wyndham Destinations, Oyo Rooms, Hyatt Hotels Corporation, Airbnb Inc, A&O Hotels and Hostels GmbH, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Hotel Travel Accommodation market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Hotel Travel Accommodation market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Economy
Mid-Range
Luxury

Market segment by Application
Tourist Accommodation
Official Business

Market segment by players, this report covers
Red Lion Hotels Corporation
Hilton Worldwide Holdings Inc
Marriott International
Radisson Hotel Group
Accor Hotels Group
Wyndham Destinations
Oyo Rooms
Hyatt Hotels Corporation
Airbnb Inc
A&O Hotels and Hostels GmbH

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Hotel Travel Accommodation product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Hotel Travel Accommodation, with revenue, gross margin, and global market share of Hotel Travel Accommodation from 2019 to 2024.

Chapter 3, the Hotel Travel Accommodation competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Hotel Travel Accommodation market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Hotel Travel Accommodation.

Chapter 13, to describe Hotel Travel Accommodation research findings and conclusion.