Hotels - Europe
- Revenue in the Hotels segment is projected to reach €108.20bn in 2023.
- Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 1.07%, resulting in a projected market volume of €112.90bn by 2027.
- In the Hotels segment, the number of users is expected to amount to 283.80m users by 2027.
- User penetration is 32.2% in 2023 and is expected to hit 33.5% by 2027.
- The average revenue per user (ARPU) is expected to amount to €0.40k.
- In the Hotels segment, 85% of total revenue will be generated through online sales by 2027.
- In global comparison, most revenue will be generated in the United States (€103,600.00m in 2023).