The global hotel industry has seen year-over-year growth over the past decade. According to the source, there were 16.97 million hotel rooms worldwide in 2018. This shows an increase of just over 2.5 million hotel rooms globally over the past 10 years.
Total number of hotel rooms worldwide from 2008 to 2018 (in millions)
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TravelDailyNews. (March 28, 2018). Total number of hotel rooms worldwide from 2008 to 2018 (in millions) [Graph]. In Statista. Retrieved February 25, 2021, from https://www.statista.com/statistics/1092527/number-of-hotel-rooms-worldwide/
TravelDailyNews. "Total number of hotel rooms worldwide from 2008 to 2018 (in millions)." Chart. March 28, 2018. Statista. Accessed February 25, 2021. https://www.statista.com/statistics/1092527/number-of-hotel-rooms-worldwide/
TravelDailyNews. (2018). Total number of hotel rooms worldwide from 2008 to 2018 (in millions). Statista. Statista Inc.. Accessed: February 25, 2021. https://www.statista.com/statistics/1092527/number-of-hotel-rooms-worldwide/
TravelDailyNews. "Total Number of Hotel Rooms Worldwide from 2008 to 2018 (in Millions)." Statista, Statista Inc., 28 Mar 2018, https://www.statista.com/statistics/1092527/number-of-hotel-rooms-worldwide/
TravelDailyNews, Total number of hotel rooms worldwide from 2008 to 2018 (in millions) Statista, https://www.statista.com/statistics/1092527/number-of-hotel-rooms-worldwide/ (last visited February 25, 2021)