Hotel market outlook sentiment rankings worldwide from 2009 to 2015, by region*

Hotel market outlook sentiment rankings worldwide 2009-2015, by region This statistic shows the hotel market outlook sentiment rankings worldwide from 2009 to 2015, by region. In January 2014, the hotel sentiment ranking score in the Americas was 40.
Hotel industry - additional information

The Global Hotel Market Sentiment Survey is a bi-annual report released by hospitality consulting company Horwath HTL. Each report is based on the results of a survey of hotel operators from around the world on their current outlook regarding occupancy, room rates and revenue and what they think will happen within the industry in the next half year. In 2009, survey respondents worldwide reported a pessimistic outlook for the hotel industry, particularly in Europe where the average sentiment was negative 55 for the second half of the year. Since then, positivity within the industry has improved: in the first half of 2014, global sentiment was 25 and reached as high as 40 in the Americas.

The revenue of the global hotel industry was forecasted to reach 550 billion U.S. dollars by 2016. Globally, average daily hotel rates were highest in the Middle East/Africa in 2014. At 165.97 U.S. dollars, the average daily rate there was around 50 dollars more than that of the region with the lowest rates, Asia Pacific. The highest occupancy rates could be seen in the Asia Pacific region and Europe at 68.6 percent and 68.8 percent respectively. The region with the lowest hotel occupancy rate worldwide was Northern Africa.

In 2014, the leading hotel company worldwide was UK-based company InterContinental Hotels Group (IHG) with a gross revenue of 22.8 billion U.S. dollars, including revenues from franchised hotels. The company owns chains such as Crowne Plaza and Holiday Inn.

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AsiaEuropeAmericasMiddle East / AfricaGlobal average
Feb 09-41-36-25-21-35
Jul 09-41-55-28-22-44
Jan 10484214327
Sep 1046158729
Feb 11523437942
Aug 1122169-616
Feb 123714174124
Jul 1210-828291
Feb 13145505915
Jul 131020445
Jan 14172540-25
Jul 1410316-169
Mar 158284-14
AsiaEuropeAmericasMiddle East / AfricaGlobal average
Feb 09-41-36-25-21-35
Jul 09-41-55-28-22-44
Jan 10484214327
Sep 1046158729
Feb 11523437942
Aug 1122169-616
Feb 123714174124
Jul 1210-828291
Feb 13145505915
Jul 131020445
Jan 14172540-25
Jul 1410316-169
Mar 158284-14
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Description Source More information
This statistic shows the hotel market outlook sentiment rankings worldwide from 2009 to 2015, by region. In January 2014, the hotel sentiment ranking score in the Americas was 40.
Hotel industry - additional information

The Global Hotel Market Sentiment Survey is a bi-annual report released by hospitality consulting company Horwath HTL. Each report is based on the results of a survey of hotel operators from around the world on their current outlook regarding occupancy, room rates and revenue and what they think will happen within the industry in the next half year. In 2009, survey respondents worldwide reported a pessimistic outlook for the hotel industry, particularly in Europe where the average sentiment was negative 55 for the second half of the year. Since then, positivity within the industry has improved: in the first half of 2014, global sentiment was 25 and reached as high as 40 in the Americas.

The revenue of the global hotel industry was forecasted to reach 550 billion U.S. dollars by 2016. Globally, average daily hotel rates were highest in the Middle East/Africa in 2014. At 165.97 U.S. dollars, the average daily rate there was around 50 dollars more than that of the region with the lowest rates, Asia Pacific. The highest occupancy rates could be seen in the Asia Pacific region and Europe at 68.6 percent and 68.8 percent respectively. The region with the lowest hotel occupancy rate worldwide was Northern Africa.

In 2014, the leading hotel company worldwide was UK-based company InterContinental Hotels Group (IHG) with a gross revenue of 22.8 billion U.S. dollars, including revenues from franchised hotels. The company owns chains such as Crowne Plaza and Holiday Inn.

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Release date
September 2015
Region
Worldwide
Survey time period
2015
Number of respondents
1,467 (2015)
Special properties
Respondents are hoteliers
Supplementary notes
* The index utilizes a scale of negative 150 to positive 150. A score of negative 150 denotes a sentiment of absolute pessimism, a zero indicates unchanged expectations from the previous year and a score of positive 150 signifies a very optimistic outlook.
There was no figure for Middle East and Africa for January 2014 and March 2015 due to inadequate responses.

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