Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Hotel  industry worldwide - statistics &  facts

The hotel industry is subdivision of the hospitality industry that specializes in providing customers with lodging services. There are a variety of hotel types that typically can be categorized by size, function, service, and cost. Levels of service can usually be split into three options: limited-service, mid-range service, and full-service. However, some consumers may be more familiar with the star rating system, with one being the lowest rating and five being the highest. When it comes to function some of the categories include business, casino, spa, extended stay, bed & breakfast, and more. In recent years, more and more people across the globe have begun to see travel as an integral part of life. Both leisure travel spending and business travel spending have seen year-over-year growth over the past five years. The hotel and resort industry's market size has also benefited from this influx of travelers, seeing YoY growth that peaked in 2018 before decreasing slightly in 2019.

What are the hotel industry's key performance indicators?

Within the hotel industry the easiest way to measure its success is by monitoring its key performance indicators. These include revenue per available room (RevPAR), average daily rate (ADR), and occupancy rates all of which have seen growth over the past decade. When looking at a regional breakdown of RevPAR worldwide Europe saw the highest revenue per available room in 2018 and 2019. However, prior to these years the Middle East and Africa had a six-year streak with the highest RevPAR. Meanwhile the regional breakdown of ADR worldwide showed that the Middle East and Africa had the highest average daily rates of any region over the previous decade. Finally, the regional breakdown of occupancy worldwide highlighted that Europe held the highest occupancy rates of any region over the past six-years.

Who are the biggest hotel companies?

Some of the key players in the hotel industry include Marriot International, Hilton Worldwide, the InterContinental Hotels Group, and the Wyndham Hotel Group. All of these companies house a variety of hotel brands in their portfolio’s, ranging from limited-service to full-service establishments. When comparing the subsidiaries of these companies in a list of the leading global hotel brands by brand value, Hilton Worldwide’s brand Hilton Hotels & Resorts took the top spot with a brand value of 10.83 billion U.S. dollars in 2020. Meanwhile, in a list of the biggest hotel companies by revenue, Marriot International recorded the highest revenue worldwide, earning 21 billion U.S. dollars in 2019. However, these are not the only figures that can be used to measure a hotel company's success. In terms of properties, the Wyndham Hotel Group came top in a ranking of the hotels with the most properties worldwide with almost 9.3 thousand units. Lastly, as well as having the highest global revenue, Marriott International was also the leader of the hotel companies with the most guest rooms accounting for approximately 1.4 million rooms worldwide.

Impact of the coronavirus on the hotel industry

While the hotel industry and the companies that reside in it have shown growth over the last decade, this did not continue in 2020. This was a direct result of the coronavirus (COVID-19) pandemic. With the implementation of travel restrictions to curb the spread of the disease, international and domestic tourism came to a halt. As a result, the impact of the coronavirus on the lodging industry was particularly severe. With so few tourists able or willing to travel, hotels worldwide saw drops in their metrics across the board. Monthly hotel revenue per available room worldwide severely dropped across all regions, as did average daily rates and occupancy.

Key figures

The most important key figures provide you with a compact summary of the topic of "Hotel industry worldwide" and take you straight to the corresponding statistics.

Leading companies

Revenue of key players

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Hotel industry worldwide".

Hotel industry worldwide

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Hotel  industry worldwide - statistics &  facts

The hotel industry is subdivision of the hospitality industry that specializes in providing customers with lodging services. There are a variety of hotel types that typically can be categorized by size, function, service, and cost. Levels of service can usually be split into three options: limited-service, mid-range service, and full-service. However, some consumers may be more familiar with the star rating system, with one being the lowest rating and five being the highest. When it comes to function some of the categories include business, casino, spa, extended stay, bed & breakfast, and more. In recent years, more and more people across the globe have begun to see travel as an integral part of life. Both leisure travel spending and business travel spending have seen year-over-year growth over the past five years. The hotel and resort industry's market size has also benefited from this influx of travelers, seeing YoY growth that peaked in 2018 before decreasing slightly in 2019.

What are the hotel industry's key performance indicators?

Within the hotel industry the easiest way to measure its success is by monitoring its key performance indicators. These include revenue per available room (RevPAR), average daily rate (ADR), and occupancy rates all of which have seen growth over the past decade. When looking at a regional breakdown of RevPAR worldwide Europe saw the highest revenue per available room in 2018 and 2019. However, prior to these years the Middle East and Africa had a six-year streak with the highest RevPAR. Meanwhile the regional breakdown of ADR worldwide showed that the Middle East and Africa had the highest average daily rates of any region over the previous decade. Finally, the regional breakdown of occupancy worldwide highlighted that Europe held the highest occupancy rates of any region over the past six-years.

Who are the biggest hotel companies?

Some of the key players in the hotel industry include Marriot International, Hilton Worldwide, the InterContinental Hotels Group, and the Wyndham Hotel Group. All of these companies house a variety of hotel brands in their portfolio’s, ranging from limited-service to full-service establishments. When comparing the subsidiaries of these companies in a list of the leading global hotel brands by brand value, Hilton Worldwide’s brand Hilton Hotels & Resorts took the top spot with a brand value of 10.83 billion U.S. dollars in 2020. Meanwhile, in a list of the biggest hotel companies by revenue, Marriot International recorded the highest revenue worldwide, earning 21 billion U.S. dollars in 2019. However, these are not the only figures that can be used to measure a hotel company's success. In terms of properties, the Wyndham Hotel Group came top in a ranking of the hotels with the most properties worldwide with almost 9.3 thousand units. Lastly, as well as having the highest global revenue, Marriott International was also the leader of the hotel companies with the most guest rooms accounting for approximately 1.4 million rooms worldwide.

Impact of the coronavirus on the hotel industry

While the hotel industry and the companies that reside in it have shown growth over the last decade, this did not continue in 2020. This was a direct result of the coronavirus (COVID-19) pandemic. With the implementation of travel restrictions to curb the spread of the disease, international and domestic tourism came to a halt. As a result, the impact of the coronavirus on the lodging industry was particularly severe. With so few tourists able or willing to travel, hotels worldwide saw drops in their metrics across the board. Monthly hotel revenue per available room worldwide severely dropped across all regions, as did average daily rates and occupancy.

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Hotel industry worldwide".

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Hadley Ward
Hadley Ward
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Ziyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

Contact Kisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Catalina Rodriguez
Catalina Rodriguez
Key Account Manager - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)