Global Hospitality Market Report 2024

Hospitality Global Market Report 2024 – By Type (Non-Residential Accommodation Services, Food And Beverage Services), By Ownership (Chained, Standalone) – Market Size, Trends, And Global Forecast 2024-2033

Hospitality Global Market Report 2024

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Hospitality Market Definition

Hospitality refers to the activity or business that provides services to customers in hotels, restaurants and bars. The hospitality industry includes any business where the primary source of income is the sale of food and drink or the provision of lodging. This industry includes a wide range of service-related fields such as hotels, restaurants, bars, event planning, theme parks, transportation, cruise lines, and other tourism-related fields.

The main types of hospitality are non-residential accommodation services, food and beverage services. The non-residential accommodation services provide lodging or short-term accommodation for travelers, vacationers, and others. The different ownerships include chained and standalone.

Hospitality Market Segmentation

The hospitality market covered in this report is segmented –

1) By Type: Non-Residential Accommodation Services, Food And Beverage Services

2) By Ownership: Chained, Standalone

Subsegments Covered: Hotel And Other Travel Accommodation, Camping And Caravanning, Students And Workers Non-residential Accommodation, Restaurants And Mobile Food Services, Bars And Cafes, Catering Services And Food Contractors  

Global Hospitality Market Size 2023 to 2028: Graph

Hospitality Market Size 2024 And Growth Rate

The hospitality market size has grown strongly in recent years. It will grow from $4673.63 billion in 2023 to $4993.71 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to growth in travel and tourism, cultural and social shifts, global events and pandemics, investment in infrastructure.

Hospitality Market Growth Forecast

The hospitality market size is expected to see strong growth in the next few years. It will grow to $6189.59 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to sustainability initiatives, wellness tourism, flexible booking options, collaboration with local communities, health and safety standards. Major trends in the forecast period include personalization and ai, contactless technologies, technological advancements, personalized guest experiences, digital marketing and social media influence.

Hospitality Market Driver: Economic Growth Fuels Expansion In The Hospitality Market

The hospitality market growth is aided by stable economic growth forecasted in many developed and developing countries. For instance, in September 2023, according to the Bureau of Economic Analysis, a US-based government agency, the real gross domestic product (GDP) increased at an annual rate of 2.1% in the second quarter of 2023. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Thus, stable economic growth is expected to drive the market during the forecast period.

Hospitality Market Driver: Growing Tourism Industry Boosting The Hospitality Market

The growing tourism industry is expected to propel the growth of the hospitality market going forward. The tourism industry refers to a broad economic sector that encompasses various activities, businesses, and services related to travel and leisure. Hospitality plays an important role in the travel industry, offering accommodation, dining, and services that enhance traveler experiences and make destinations welcoming. For instance, in May 2023, according to the World Tourism Organization, a Spain-based specialized agency, international tourism hit the $1 trillion mark in 2022, growing 50% in real terms compared to 2021. Additionally, an estimated 235 million tourists traveled internationally in the first quarter of 2023, more than double the same period in 2022. Therefore, the growing tourism industry is driving the growth of the hospitality market.

Global Hospitality Market Major Players

Major companies operating in the hospitality market report are Compass group Holdings plc, Starbucks Corporation, Sodexo SA, Marriott International Inc., Aramark corporation, McDonald's Corporation, Four Seasons Hotels and Resorts Limited, Darden Restaurants Inc., Yum China Holdings Inc., Hilton Worldwide Holdings Inc., Chipotle Mexican Grill Inc., InterContinental Hotel Group plc, IDeaS Revenue Solutions Inc., The Ritz-Carlton Hotel Company LLC, Mandarin Oriental Hotel Group Ltd., Radisson Hotel Group AB, Extended Stay America Inc., AIR Communities LLC, Rosewood Hotel Group LLC, La Quinta Inns & Suites Holdings Inc., Apple Leisure Group LLC, Evolve Vacation Rental Network Inc., Shangri-La Hotels and Resorts Ltd., American Cruise Lines Inc., Ennismore Lifestyle Group Limited, Hotel Engine Inc., OTA Insight Limited, Red Lion Hotels Corporation, Mint House Holdings Inc., Wonders Legal Inc., BentoBox Media Inc., Berkshire Hathaway Inc.

Global Hospitality Market Restraint: Impact Of Pandemic On Market Growth

The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the hospitality market in 2020 as governments globally imposed restrictions on domestic and international travel limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the hospitality market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

Global Hospitality Market Trend: The Impact Of Technology In The Hotel Industry

Hotels are using technologies that are transforming the customer experience. Some technologies are leading to significant improvements and savings in the hospitality market. The most significant trends in this market are the use of near field communication (NFC) technology, infrared technologies, and robots. NFC gives users the ability to exchange data between devices, making mobile payments an instant, secure process. Infrared sensors are used in hotels to address customer complaints involving housekeeping interruptions. Hotels are also using robots to deliver amenities to guest rooms and for many other functional purposes. Hotel operators are investing in systems and technologies that can automate processes and personalize the experience for guests.

Global Hospitality Market Trend: The Growing Role Of Customization Features In The Hospitality Market

Major companies operating in the hospitality market are increasing their focus on introducing customization features to sustain their position in the market. Customization features refer to the options within a product, service, or system that allow users to modify and tailor their experience to their individual preferences and needs. For instance, in July 2023, HotelPort, a US-based software company, launched Hospitality Software Development and Platform Integration Services. These services aim to assist hotels of all sizes in improving their operations, streamlining their workflows, and enhancing their guests' experiences. By integrating the existing systems of hotels, HotelPort's platform integration services can create a unified and efficient operation. This, in turn, can make it easier for guests to book rooms, check in and out, and access services, leading to a better guest experience. Additionally, HotelPort's services can help hotels increase their revenue by improving their online visibility and simplifying the booking process.

Regional Insights For The Global Hospitality Market

Asia-Pacific was the largest region in the hospitality market in 2023. North America was the second largest region in the hospitality market. The regions covered in the hospitality market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the hospitality market report are Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.

The hospitality market includes revenues earned by entities by providing accommodation and food services such as lodging and/or preparing meals, snacks, and beverages for immediate consumption. The market covers both accommodation and food services because the two activities are often combined at the same establishment. 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.

Hospitality Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $4993.71 billion
Revenue Forecast In 2033 $6189.59 billion
Growth Rate CAGR of 5.5% 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 Type: Non-Residential Accommodation Services, Food And Beverage Services
2) By Ownership: Chained, Standalone

Subsegments Covered: Hotel And Other Travel Accommodation, Camping And Caravanning, Students And Workers Non-residential Accommodation, Restaurants And Mobile Food Services, Bars And Cafes, Catering Services And Food Contractors
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 for an additional fee: 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 Compass group Holdings plc, Starbucks Corporation, Sodexo SA, Marriott International Inc., Aramark corporation, McDonald's Corporation, Four Seasons Hotels and Resorts Limited, Darden Restaurants Inc., Yum China Holdings Inc., Hilton Worldwide Holdings Inc., Chipotle Mexican Grill Inc., InterContinental Hotel Group plc, IDeaS Revenue Solutions Inc., The Ritz-Carlton Hotel Company LLC, Mandarin Oriental Hotel Group Ltd., Radisson Hotel Group AB, Extended Stay America Inc., AIR Communities LLC, Rosewood Hotel Group LLC, La Quinta Inns & Suites Holdings Inc., Apple Leisure Group LLC, Evolve Vacation Rental Network Inc., Shangri-La Hotels and Resorts Ltd., American Cruise Lines Inc., Ennismore Lifestyle Group Limited, Hotel Engine Inc., OTA Insight Limited, Red Lion Hotels Corporation, Mint House Holdings Inc., Wonders Legal Inc., BentoBox Media Inc., Berkshire Hathaway Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Hospitality Market Characteristics

    3. Hospitality Product/Service Analysis -Product/Service Examples

    3.1. Hospitality Supply Chain Analysis

    3.1.1. Hospitality Resources

    3.1.2. Hospitality Manufacturers

    3.1.3. Hospitality Distributors and Retailers

    3.1.4. Hospitality End Users

    3.2. Hospitality Customer Information

    4. Hospitality Market Trends And Strategies

    5. Hospitality Market - Macro Economic Scenario

    5.1. Impact Of High Inflation On The Market

    5.2. Ukraine-Russia War Impact On The Market

    5.3. COVID-19 Impact On The Market

    6. Global Hospitality Market Size and Growth

    6.1. Global Hospitality Market Drivers and Restraints

    6.1.1. Drivers Of The Market

    6.1.2. Restraints Of The Market

    6.2. Global Hospitality Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    6.3. Global Hospitality Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    7. Hospitality Market Segmentation

    7.1. Global Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Non-Residential Accommodation Services

    Food And Beverage Services

    7.2. Global Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Chained

    Standalone

    8. Hospitality Market Regional And Country Analysis

    8.1. Global Hospitality Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.2. Global Hospitality Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. Asia-Pacific Hospitality Market

    9.1. Asia-Pacific 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

    9.2. Asia-Pacific Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9.3. Asia-Pacific Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10. China Hospitality Market

    10.1. China Hospitality Market Overview

    10.2. China Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10.3. China Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    11. India Hospitality Market

    11.1. India Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.2. India Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Japan Hospitality Market

    12.1. Japan Hospitality Market Overview

    12.2. Japan Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Japan Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Australia Hospitality Market

    13.1. Australia Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Australia Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. Indonesia Hospitality Market

    14.1. Indonesia Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.2. Indonesia Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. South Korea Hospitality Market

    15.1. South Korea Hospitality Market Overview

    15.2. South Korea Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. South Korea Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. Bangladesh Hospitality Market

    16.1. Bangladesh, Hospitality Historic Market, 2018 - 2023, $ Billion

    16.2. Bangladesh, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    17. Thailand Hospitality Market

    17.1. Thailand, Hospitality Historic Market, 2018 - 2023, $ Billion

    17.2. Thailand, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    18. Vietnam Hospitality Market

    18.1. Vietnam, Hospitality Historic Market, 2018 - 2023, $ Billion

    18.2. Vietnam, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    19. Malaysia Hospitality Market

    19.1. Malaysia, Hospitality Historic Market, 2018 - 2023, $ Billion

    19.2. Malaysia, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    20. Singapore Hospitality Market

    20.1. Singapore, Hospitality Historic Market, 2018 - 2023, $ Billion

    20.2. Singapore, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    21. Philippines Hospitality Market

    21.1. Philippines, Hospitality Historic Market, 2018 - 2023, $ Billion

    21.2. Philippines, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    22. Hong Kong Hospitality Market

    22.1. Hong Kong, Hospitality Historic Market, 2018 - 2023, $ Billion

    22.2. Hong Kong, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    23. New Zealand Hospitality Market

    23.1. New Zealand, Hospitality Historic Market, 2018 - 2023, $ Billion

    23.2. New Zealand, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    24. Western Europe Hospitality Market

    24.1. Western Europe Hospitality Market Overview

    24.2. Western Europe Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. Western Europe Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. UK Hospitality Market

    25.1. UK Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.2. UK Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. Germany Hospitality Market

    26.1. Germany Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.2. Germany Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. France Hospitality Market

    27.1. France Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. France Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Italy Hospitality Market

    28.1. Italy Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.2. Italy Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Spain Hospitality Market

    29.1. Spain Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.2. Spain Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Austria Hospitality Market

    30.1. Austria, Hospitality Historic Market, 2018 - 2023, $ Billion

    30.2. Austria, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    31. Belgium Hospitality Market

    31.1. Belgium, Hospitality Historic Market, 2018 - 2023, $ Billion

    31.2. Belgium, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    32. Denmark Hospitality Market

    32.1. Denmark, Hospitality Historic Market, 2018 - 2023, $ Billion

    32.2. Denmark, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    33. Finland Hospitality Market

    33.1. Finland, Hospitality Historic Market, 2018 - 2023, $ Billion

    33.2. Finland, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    34. Ireland Hospitality Market

    34.1. Ireland, Hospitality Historic Market, 2018 - 2023, $ Billion

    34.2. Ireland, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    35. Netherlands Hospitality Market

    35.1. Netherlands, Hospitality Historic Market, 2018 - 2023, $ Billion

    35.2. Netherlands, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    36. Norway Hospitality Market

    36.1. Norway, Hospitality Historic Market, 2018 - 2023, $ Billion

    36.2. Norway, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    37. Portugal Hospitality Market

    37.1. Portugal, Hospitality Historic Market, 2018 - 2023, $ Billion

    37.2. Portugal, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    38. Sweden Hospitality Market

    38.1. Sweden, Hospitality Historic Market, 2018 - 2023, $ Billion

    38.2. Sweden, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    39. Switzerland Hospitality Market

    39.1. Switzerland, Hospitality Historic Market, 2018 - 2023, $ Billion

    39.2. Switzerland, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    40. Eastern Europe Hospitality Market

    40.1. Eastern Europe Hospitality Market Overview

    40.2. Eastern Europe Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    40.3. Eastern Europe Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    41. Russia Hospitality Market

    41.1. Russia Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    41.2. Russia Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    42. Czech Republic Hospitality Market

    42.1. Czech Republic, Hospitality Historic Market, 2018 - 2023, $ Billion

    42.2. Czech Republic, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    43. Poland Hospitality Market

    43.1. Poland, Hospitality Historic Market, 2018 - 2023, $ Billion

    43.2. Poland, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    44. Romania Hospitality Market

    44.1. Romania, Hospitality Historic Market, 2018 - 2023, $ Billion

    44.2. Romania, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    45. Ukraine Hospitality Market

    45.1. Ukraine, Hospitality Historic Market, 2018 - 2023, $ Billion

    45.2. Ukraine, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    46. North America Hospitality Market

    46.1. North America Hospitality Market Overview

    46.2. North America Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    46.3. North America Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    47. USA Hospitality Market

    47.1. USA Hospitality Market Overview

    47.2. USA Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    47.3. USA Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    48. Canada Hospitality Market

    48.1. Canada Hospitality Market Overview

    48.2. Canada Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    48.3. Canada Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    49. Mexico Hospitality Market

    49.1. Mexico, Hospitality Historic Market, 2018 - 2023, $ Billion

    49.2. Mexico, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    50. South America Hospitality Market

    50.1. South America Hospitality Market Overview

    50.2. South America Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    50.3. South America Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    51. Brazil Hospitality Market

    51.1. Brazil Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    51.2. Brazil Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    52. Chile Hospitality Market

    52.1. Chile, Hospitality Historic Market, 2018 - 2023, $ Billion

    52.2. Chile, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    53. Argentina Hospitality Market

    53.1. Argentina, Hospitality Historic Market, 2018 - 2023, $ Billion

    53.2. Argentina, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    54. Colombia Hospitality Market

    54.1. Colombia, Hospitality Historic Market, 2018 - 2023, $ Billion

    54.2. Colombia, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    55. Peru Hospitality Market

    55.1. Peru, Hospitality Historic Market, 2018 - 2023, $ Billion

    55.2. Peru, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    56. Middle East Hospitality Market

    56.1. Middle East Hospitality Market Overview

    56.2. Middle East Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    56.3. Middle East Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    57. Saudi Arabia Hospitality Market

    57.1. Saudi Arabia, Hospitality Historic Market, 2018 - 2023, $ Billion

    57.2. Saudi Arabia, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    58. Israel Hospitality Market

    58.1. Israel, Hospitality Historic Market, 2018 - 2023, $ Billion

    58.2. Israel, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    59. Iran Hospitality Market

    59.1. Iran, Hospitality Historic Market, 2018 - 2023, $ Billion

    59.2. Iran, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    60. Turkey Hospitality Market

    60.1. Turkey, Hospitality Historic Market, 2018 - 2023, $ Billion

    60.2. Turkey, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    61. United Arab Emirates Hospitality Market

    61.1. United Arab Emirates, Hospitality Historic Market, 2018 - 2023, $ Billion

    61.2. United Arab Emirates, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    62. Africa Hospitality Market

    62.1. Africa Hospitality Market Overview

    62.2. Africa Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    62.3. Africa Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    63. Egypt Hospitality Market

    63.1. Egypt, Hospitality Historic Market, 2018 - 2023, $ Billion

    63.2. Egypt, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    64. Nigeria Hospitality Market

    64.1. Nigeria, Hospitality Historic Market, 2018 - 2023, $ Billion

    64.2. Nigeria, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    65. South Africa Hospitality Market

    65.1. South Africa, Hospitality Historic Market, 2018 - 2023, $ Billion

    65.2. South Africa, Hospitality Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    66. Hospitality Market Competitive Landscape And Company Profiles

    66.1. Hospitality Market Competitive Landscape

    66.2. Hospitality Market Company Profiles

    66.2.1. Compass group Holdings plc

    66.2.1.1. Overview

    66.2.1.2. Products and Services

    66.2.1.3. Strategy

    66.2.1.4. Financial Performance

    66.2.2. Starbucks Corporation

    66.2.2.1. Overview

    66.2.2.2. Products and Services

    66.2.2.3. Strategy

    66.2.2.4. Financial Performance

    66.2.3. Sodexo SA

    66.2.3.1. Overview

    66.2.3.2. Products and Services

    66.2.3.3. Strategy

    66.2.3.4. Financial Performance

    66.2.4. Marriott International Inc.

    66.2.4.1. Overview

    66.2.4.2. Products and Services

    66.2.4.3. Strategy

    66.2.4.4. Financial Performance

    66.2.5. Aramark corporation

    66.2.5.1. Overview

    66.2.5.2. Products and Services

    66.2.5.3. Strategy

    66.2.5.4. Financial Performance

    67. Hospitality Market Other Major And Innovative Companies

    67.1. McDonald's Corporation

    67.2. Four Seasons Hotels and Resorts Limited

    67.3. Darden Restaurants Inc.

    67.4. Yum China Holdings Inc.

    67.5. Hilton Worldwide Holdings Inc.

    67.6. Chipotle Mexican Grill Inc..

    67.7. InterContinental Hotel Group plc

    67.8. IDeaS Revenue Solutions Inc.

    67.9. The Ritz-Carlton Hotel Company LLC

    67.10. Mandarin Oriental Hotel Group Ltd.

    67.11. Radisson Hotel Group AB

    67.12. Extended Stay America Inc.

    67.13. AIR Communities LLC

    67.14. Rosewood Hotel Group LLC

    67.15. La Quinta Inns & Suites Holdings Inc.

    68. Global Hospitality Market Competitive Benchmarking

    69. Global Hospitality Market Competitive Dashboard

    70. Key Mergers And Acquisitions In The Hospitality Market

    71. Hospitality Market Future Outlook and Potential Analysis

    71.1 Hospitality Market In 2028 - Countries Offering Most New Opportunities

    71.2 Hospitality Market In 2028 - Segments Offering Most New Opportunities

    71.3 Hospitality Market In 2028 - Growth Strategies

    71.3.1 Market Trend Based Strategies

    71.3.2 Competitor Strategies

    72. Appendix

    72.1. Abbreviations

    72.2. Currencies

    72.3. Historic And Forecast Inflation Rates

    72.4. Research Inquiries

    72.5. The Business Research Company

    72.6. 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 Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Hospitality Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Hospitality Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Bangladesh Historic Market Growth, 2018-2023, $ Billion
  • Table 22: Bangladesh Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 23: Thailand Historic Market Growth, 2018-2023, $ Billion
  • Table 24: Thailand Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 25: Vietnam Historic Market Growth, 2018-2023, $ Billion
  • Table 26: Vietnam Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 27: Malaysia Historic Market Growth, 2018-2023, $ Billion
  • Table 28: Malaysia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 29: Singapore Historic Market Growth, 2018-2023, $ Billion
  • Table 30: Singapore Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 31: Philippines Historic Market Growth, 2018-2023, $ Billion
  • Table 32: Philippines Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 33: Hong Kong Historic Market Growth, 2018-2023, $ Billion
  • Table 34: Hong Kong Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 35: New Zealand Historic Market Growth, 2018-2023, $ Billion
  • Table 36: New Zealand Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 37: Western Europe, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Western Europe, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: UK, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: UK, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Germany, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Germany, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: France, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: France, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Italy, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Austria Historic Market Growth, 2018-2023, $ Billion
  • Table 50: Austria Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 51: Belgium Historic Market Growth, 2018-2023, $ Billion
  • Table 52: Belgium Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 53: Denmark Historic Market Growth, 2018-2023, $ Billion
  • Table 54: Denmark Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 55: Finland Historic Market Growth, 2018-2023, $ Billion
  • Table 56: Finland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 57: Ireland Historic Market Growth, 2018-2023, $ Billion
  • Table 58: Ireland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 59: Netherlands Historic Market Growth, 2018-2023, $ Billion
  • Table 60: Netherlands Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 61: Norway Historic Market Growth, 2018-2023, $ Billion
  • Table 62: Norway Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 63: Portugal Historic Market Growth, 2018-2023, $ Billion
  • Table 64: Portugal Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 65: Sweden Historic Market Growth, 2018-2023, $ Billion
  • Table 66: Sweden Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 67: Switzerland Historic Market Growth, 2018-2023, $ Billion
  • Table 68: Switzerland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 69: Eastern Europe, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Eastern Europe, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Russia, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Russia, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Czech Republic Historic Market Growth, 2018-2023, $ Billion
  • Table 74: Czech Republic Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 75: Poland Historic Market Growth, 2018-2023, $ Billion
  • Table 76: Poland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 77: Romania Historic Market Growth, 2018-2023, $ Billion
  • Table 78: Romania Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 79: Ukraine Historic Market Growth, 2018-2023, $ Billion
  • Table 80: Ukraine Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 81: North America, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 82: North America, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 83: USA, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 84: USA, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 85: Canada, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 86: Canada, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 87: Mexico Historic Market Growth, 2018-2023, $ Billion
  • Table 88: Mexico Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 89: South America, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 90: South America, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 91: Brazil, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 92: Brazil, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 93: Chile Historic Market Growth, 2018-2023, $ Billion
  • Table 94: Chile Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 95: Argentina Historic Market Growth, 2018-2023, $ Billion
  • Table 96: Argentina Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 97: Colombia Historic Market Growth, 2018-2023, $ Billion
  • Table 98: Colombia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 99: Peru Historic Market Growth, 2018-2023, $ Billion
  • Table 100: Peru Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 101: Middle East, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 102: Middle East, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 103: Saudi Arabia Historic Market Growth, 2018-2023, $ Billion
  • Table 104: Saudi Arabia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 105: Israel Historic Market Growth, 2018-2023, $ Billion
  • Table 106: Israel Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 107: Iran Historic Market Growth, 2018-2023, $ Billion
  • Table 108: Iran Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 109: Turkey Historic Market Growth, 2018-2023, $ Billion
  • Table 110: Turkey Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 111: United Arab Emirates Historic Market Growth, 2018-2023, $ Billion
  • Table 112: United Arab Emirates Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 113: Africa, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 114: Africa, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 115: Egypt Historic Market Growth, 2018-2023, $ Billion
  • Table 116: Egypt Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 117: Nigeria Historic Market Growth, 2018-2023, $ Billion
  • Table 118: Nigeria Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 119: South Africa Historic Market Growth, 2018-2023, $ Billion
  • Table 120: South Africa Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 121: Compass group Holdings plc Financial Performance
  • Table 122: Starbucks Corporation Financial Performance
  • Table 123: Sodexo SA Financial Performance
  • Table 124: Marriott International Inc. Financial Performance
  • Table 125: Aramark corporation 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 Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Hospitality Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Hospitality Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Bangladesh Historic Market Growth, 2018-2023, $ Billion
  • Figure 22: Bangladesh Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 23: Thailand Historic Market Growth, 2018-2023, $ Billion
  • Figure 24: Thailand Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 25: Vietnam Historic Market Growth, 2018-2023, $ Billion
  • Figure 26: Vietnam Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 27: Malaysia Historic Market Growth, 2018-2023, $ Billion
  • Figure 28: Malaysia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 29: Singapore Historic Market Growth, 2018-2023, $ Billion
  • Figure 30: Singapore Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 31: Philippines Historic Market Growth, 2018-2023, $ Billion
  • Figure 32: Philippines Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 33: Hong Kong Historic Market Growth, 2018-2023, $ Billion
  • Figure 34: Hong Kong Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 35: New Zealand Historic Market Growth, 2018-2023, $ Billion
  • Figure 36: New Zealand Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 37: Western Europe, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Western Europe, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: UK, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: UK, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Germany, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Germany, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: France, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: France, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Italy, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Austria Historic Market Growth, 2018-2023, $ Billion
  • Figure 50: Austria Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 51: Belgium Historic Market Growth, 2018-2023, $ Billion
  • Figure 52: Belgium Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 53: Denmark Historic Market Growth, 2018-2023, $ Billion
  • Figure 54: Denmark Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 55: Finland Historic Market Growth, 2018-2023, $ Billion
  • Figure 56: Finland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 57: Ireland Historic Market Growth, 2018-2023, $ Billion
  • Figure 58: Ireland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 59: Netherlands Historic Market Growth, 2018-2023, $ Billion
  • Figure 60: Netherlands Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 61: Norway Historic Market Growth, 2018-2023, $ Billion
  • Figure 62: Norway Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 63: Portugal Historic Market Growth, 2018-2023, $ Billion
  • Figure 64: Portugal Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 65: Sweden Historic Market Growth, 2018-2023, $ Billion
  • Figure 66: Sweden Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 67: Switzerland Historic Market Growth, 2018-2023, $ Billion
  • Figure 68: Switzerland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 69: Eastern Europe, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Eastern Europe, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Russia, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Russia, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Czech Republic Historic Market Growth, 2018-2023, $ Billion
  • Figure 74: Czech Republic Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 75: Poland Historic Market Growth, 2018-2023, $ Billion
  • Figure 76: Poland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 77: Romania Historic Market Growth, 2018-2023, $ Billion
  • Figure 78: Romania Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 79: Ukraine Historic Market Growth, 2018-2023, $ Billion
  • Figure 80: Ukraine Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 81: North America, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 82: North America, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 83: USA, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 84: USA, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 85: Canada, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 86: Canada, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 87: Mexico Historic Market Growth, 2018-2023, $ Billion
  • Figure 88: Mexico Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 89: South America, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 90: South America, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 91: Brazil, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 92: Brazil, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 93: Chile Historic Market Growth, 2018-2023, $ Billion
  • Figure 94: Chile Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 95: Argentina Historic Market Growth, 2018-2023, $ Billion
  • Figure 96: Argentina Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 97: Colombia Historic Market Growth, 2018-2023, $ Billion
  • Figure 98: Colombia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 99: Peru Historic Market Growth, 2018-2023, $ Billion
  • Figure 100: Peru Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 101: Middle East, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 102: Middle East, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 103: Saudi Arabia Historic Market Growth, 2018-2023, $ Billion
  • Figure 104: Saudi Arabia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 105: Israel Historic Market Growth, 2018-2023, $ Billion
  • Figure 106: Israel Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 107: Iran Historic Market Growth, 2018-2023, $ Billion
  • Figure 108: Iran Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 109: Turkey Historic Market Growth, 2018-2023, $ Billion
  • Figure 110: Turkey Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 111: United Arab Emirates Historic Market Growth, 2018-2023, $ Billion
  • Figure 112: United Arab Emirates Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 113: Africa, Hospitality Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 114: Africa, Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 115: Egypt Historic Market Growth, 2018-2023, $ Billion
  • Figure 116: Egypt Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 117: Nigeria Historic Market Growth, 2018-2023, $ Billion
  • Figure 118: Nigeria Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 119: South Africa Historic Market Growth, 2018-2023, $ Billion
  • Figure 120: South Africa Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 121: Compass group Holdings plc Financial Performance
  • Figure 122: Starbucks Corporation Financial Performance
  • Figure 123: Sodexo SA Financial Performance
  • Figure 124: Marriott International Inc. Financial Performance
  • Figure 125: Aramark corporation Financial Performance
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Frequently Asked Questions

What is the definition of the hospitality market?

Hospitality buildings refer to an architecture that deals with the construction of structures and buildings like hotels and restaurants. They are created with the goal of giving each visitor a satisfying experience while they are at the hotel or restaurant. For further insights on the hospitality market, request a sample here

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

The hospitality market major growth driver - exponential growth of the travel and tourism industry boosts hospitality buildings market. For further insights on the hospitality market, request a sample here

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

The hospitality buildings market size has grown steadily in recent years. It will grow from $76.91 billion in 2023 to $80.29 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to economic growth and travel trends, globalization and international tourism, urbanization and population growth, cultural and lifestyle changes, emergence of boutique and niche accommodations. The hospitality buildings market size is expected to see steady growth in the next few years. It will grow to $95.76 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to sustainable and eco-friendly practices, health and safety considerations, crisis resilience and flexibility, inclusive design for diverse traveler needs, regenerative tourism practices. Major trends in the forecast period include technology integration for guest experience, technological advancements in guest services, contactless technology integration, wellness-focused amenities, flexible and adaptive spaces. For further insights on the hospitality market, request a sample here

How is the hospitality market segmented?

The hospitality market is segmented
1) By Hotel Type: Business Or Commercial Hotels, Boutique Hotels, Resort Hotels, Casino Hotels, Transit Hotels, Bed And Breakfast Hotels, Other Types
2) By Price Level: Luxury, Upscale, Midscale, Economy
3) By Room Capacity: Small, Medium, Large, Mega
4) By Business Model: Individual, ChainFor further insights on the hospitality market,
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Which region has the largest share of the hospitality market? What are the other regions covered in the report?

North America was the largest region in the hospitality buildings market in 2023. The regions covered in the hospitality buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the hospitality market, request a sample here.

Who are the major players in the hospitality market?

Major companies operating in the hospitality buildings market report are Turner Construction Company, AECOM, Balfour Beatty Construction, STO Building Group, The Whiting-Turner Contracting Company, Whiting-Turner Contracting Company, Gilbane Building Company, JE Dunn Construction Group, Hensel Phelps Construction Company, DPR Construction Inc., HITT Contracting Inc., Brasfield & Gorrie LLC, Clark Construction Group LLC, Mortenson Inc., PCL Constructors Inc., McCarthy Holdings Inc., Suffolk Construction Company, The Yates Companies, Gray Construction Inc., Robins & Morton Inc., Sundt Construction Inc., Swinerton, W.E. O'Neil Construction Co., Hoffman Construction Company, Messer Construction Company, Skanska USA Civil Inc., The Beck Group Inc., Pepper Construction Company, Webcor Builders LLC, Layton Construction Company LLC, Clayco Inc., Hoar Construction LLC, Weis Builders Inc. For further insights on the hospitality market, request a sample here.

What are the key trends in the hospitality market?

Major trend in the hospitality market - key players enhance managed hotel to promote gender diversity . For further insights on the hospitality market, request a sample here.

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

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

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

For detailed insights on 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 hospitality industry?

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

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

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