The market size of the hotel and resort sector worldwide peaked at 1.52 trillion U.S. dollars in 2019. As a result of the coronavirus (COVID-19) pandemic, the market size dropped below one trillion in 2020 and 2021. In 2023, the market size was forecast to reach 1.21 trillion U.S. dollars.
Market size of the hotel and resort industry worldwide from 2013 to 2022, with a forecast for 2023 (in trillion U.S. dollars)
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Statistics on Hotel industry worldwide
Industry overview
7
- Premium Statistic Global hotel and resort industry market size worldwide 2013-2023
- Premium Statistic Hotel openings worldwide 2021-2024
- Premium Statistic Hotel room openings worldwide 2021-2024
- Premium Statistic Market value of biggest global hotel and resort companies 2021
- Premium Statistic Sales of biggest global hotel and resort companies 2021
- Basic Statistic Leading hotel companies worldwide 2021, by number of properties
- Premium Statistic Leading hotel companies worldwide 2021, by number of guestrooms
Construction outlook
5
- Premium Statistic Countries with the most hotel construction projects in the pipeline worldwide 2022
- Premium Statistic Countries with the largest amount of hotel rooms in the construction pipeline 2022
- Premium Statistic Cities with the most lodging projects in the pipeline worldwide 2022
- Premium Statistic Cities with the largest amount of lodging rooms in the pipeline worldwide 2022
- Premium Statistic Number of rooms in the pipeline worldwide 2022, by company
Digitalization
4
- Premium Statistic Global market size of the smart hospitality sector 2020-2027
- Premium Statistic Technologies adopted by hotels worldwide as of November 2021, by date of use
- Premium Statistic Key aspects of the guest experience hoteliers want to digitalize worldwide 2021
- Premium Statistic Key reasons for hoteliers to implement new technologies worldwide 2021
Impact of the coronavirus
6
- Premium Statistic Monthly average hotel daily rate worldwide 2018-2020, by region
- Premium Statistic Monthly hotel occupancy rates worldwide 2020-2022, by region
- Premium Statistic Monthly hotel revenue per available room worldwide 2018-2020 by region
- Premium Statistic Global COVID-19 hygiene and sanitation measures used by hospitality operators 2020
- Premium Statistic Hospitality operators who want to invest in hygiene classifications worldwide 2020
- Premium Statistic COVID-19: public opinion on improving comfortability of hotel stays worldwide 2020
Further related statistics
16
- Customer satisfaction of Sokos Hotels in Finland 2014-2016
- Number of beds in five-star hotels in Italy 2020, by region
- Investments hoteliers are planning to spend more on worldwide 2016
- Hotel room supply and pipeline in the United Kingdom (UK) 2018, by category
- Importance of hotel loyalty programs to customers and hoteliers by region 2015
- Changes to amenities hoteliers are planning worldwide 2016
- Importance of hotel special offers to customers and hoteliers by region 2015
- Ranking of companies in hotel industry Norway 2020, by turnover
- Number of four-star hotels in Italy 2021, by region
- Number of five-star hotels in Italy 2021, by region
- Value per hotel room in Edmonton 2010-2021
- Value per hotel room in Regina 2010-2018
- Gross value added (GVA) of accommodation services in the UK 2014-2020, by type
- Gross revenue of Travellers International Hotel Group Inc. Philippines 2010-2019
- Licenses for beach resorts in Italy 2022, by region
- Number of hotel beds in Malaga, Andalusia 2019
Further Content: You might find this interesting as well
Statistics
- Customer satisfaction of Sokos Hotels in Finland 2014-2016
- Number of beds in five-star hotels in Italy 2020, by region
- Investments hoteliers are planning to spend more on worldwide 2016
- Hotel room supply and pipeline in the United Kingdom (UK) 2018, by category
- Importance of hotel loyalty programs to customers and hoteliers by region 2015
- Changes to amenities hoteliers are planning worldwide 2016
- Importance of hotel special offers to customers and hoteliers by region 2015
- Ranking of companies in hotel industry Norway 2020, by turnover
- Number of four-star hotels in Italy 2021, by region
- Number of five-star hotels in Italy 2021, by region
- Value per hotel room in Edmonton 2010-2021
- Value per hotel room in Regina 2010-2018
- Gross value added (GVA) of accommodation services in the UK 2014-2020, by type
- Gross revenue of Travellers International Hotel Group Inc. Philippines 2010-2019
- Licenses for beach resorts in Italy 2022, by region
- Number of hotel beds in Malaga, Andalusia 2019
IBISWorld. (January 14, 2022). Market size of the hotel and resort industry worldwide from 2013 to 2022, with a forecast for 2023 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved March 26, 2023, from https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/
IBISWorld. "Market size of the hotel and resort industry worldwide from 2013 to 2022, with a forecast for 2023 (in trillion U.S. dollars)." Chart. January 14, 2022. Statista. Accessed March 26, 2023. https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/
IBISWorld. (2022). Market size of the hotel and resort industry worldwide from 2013 to 2022, with a forecast for 2023 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: March 26, 2023. https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/
IBISWorld. "Market Size of The Hotel and Resort Industry Worldwide from 2013 to 2022, with a Forecast for 2023 (in Trillion U.S. Dollars)." Statista, Statista Inc., 14 Jan 2022, https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/
IBISWorld, Market size of the hotel and resort industry worldwide from 2013 to 2022, with a forecast for 2023 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/ (last visited March 26, 2023)
Market size of the hotel and resort industry worldwide from 2013 to 2022, with a forecast for 2023 (in trillion U.S. dollars) [Graph], IBISWorld, January 14, 2022. [Online]. Available: https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/