Hotels Market was valued at USD 898.56 Billion in 2022, and it is expected to reach USD 1663.82 Billion by 2029, exhibiting a CAGR of 9.2% during the forecast period.
Hotels Market Overview
Maximize Market Research has published an intelligence report entitled Global Hotels Market, which includes Manufacturers, Dynamics, Regions, Types, Applications, Segments and Forecast to 2029. The report covers the analysis of ever-changing patterns, the industry environment and all dominant aspects of the market.
Hotels Market Report Scope and Research Methodology
The Global Hotels Market report, published by Maximize Market Research, is the culmination of comprehensive research that encompasses both primary and secondary data. This data has been meticulously gathered and extensively analyzed. The report provides qualitative and quantitative insights aimed at guiding decision-makers in identifying pivotal market segments and the driving variables behind market growth. The market size estimation was conducted using a bottom-up approach.
The report features a SWOT analysis, highlighting the strengths, weaknesses, opportunities, and threats pertinent to key players in the Hotels industry. Furthermore, a PESTLE analysis is included, facilitating the formulation of strategies for investors in the Hotels industry. This analysis takes into consideration various dimensions: political variables, which predict the governmental impact on the Hotels market during the forecast period; economic variables, which assess the performance drivers influencing the Hotels market’s economic landscape; and legal factors, which take into account environmental concerns and their influence on the Hotels market’s surroundings.
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Hotels Market Regional Insights
The Hotels market report includes a detailed analysis of market size, dynamics and market share in regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.
Hotels Market Segmentation
by Hotel Type
Business/ Commercial Hotels
Boutique Hotels
Resort Hotels
Casino Hotels
Transit Hotels
Bed & Breakfast Hotels
Others
by Price Level
Luxury
Upscale
Midscale
Economy
by Room Capacity
Small
Medium
Large
Mega
by Business Model
Individual
Chain
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Hotels Market Key Players
1. Accor SA
2. Marriott International
3. Hyatt Hotels Corporation
4. Hilton Worldwide Holdings Inc.
5. InterContinental Hotels Group PLC.
6. Best Western International, Inc.
7. Choice Hotels Internationals, Inc.
8. Wyndham Destinations, Inc.
9. Radisson Hospitality A.B.
10.Indian Hotels Company Limited
11.Oravel Stays Private Limited
12.TC Limited
13.EIH Limited
14.Bharat Hotels Limited
15.Lemon Tree Hotels
16.The Leela Palaces
Key Questions answered in the Hotels Market Report are:
What is the expected CAGR of the Hotels market during the forecast period?
What is the expected Hotels market size by the end of the forecast period?
What are the Hotels market segments?
Which segment in the Hotels market is expected to grow rapidly during the forecast period?
Which factors are majorly driving the Hotels market growth?
Which factors are restraining the Hotels market growth?
Which are the prominent players in the Hotels market?
Which region dominated the global Hotels market in 2022?
Which regional market is expected to grow rapidly during the forecast period?
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segments with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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