Hotels and Resorts Database
Global Hotels and Resorts industry encountered influential growth from both consumers and businesses
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The Hotels and Resort Industry is Prospering with Wide Range of Opportunities
The hotels and resorts industry covers accommodations in hotels and resorts besides meal services, restaurants, and private facilities. Franchises and chain hotels and resorts are involved. The global hotel business comes under the travel and tourism industry's umbrella, an industry that provided 8.81 trillion U.S. dollars to the global economy in the last year. Understand this industry and promote your services with our Hotels and Resorts Email List.
- Chief players working in the global hotels market constitute AccorHotels, Choice Hotels International, Inc., Hyatt Corporation, InterContinental Hotels Group, ITC Hotels, Best Western International, Inc., citizenM, Hilton, and many more
- The travel and tourism industry's growth has operated a major role in developing the hospitality industry and the hotel market
Engrossing Statistics about Hotels and Resorts Market
Based on a report, the global hotels market was valued at about USD 147.57 billion in 2018 and is expected to produce around USD 211.54 billion by 2026, at a CAGR of around 4.6% by 2026. The North American hotels market provided an ample revenue share in the last year to the global market.
- The U.S. is the global economic hub and one of the most attractive tourist destinations globally
- The growing usage of mobile applications for booking hotels in the U.S. is demanded further to drive this regional market's future growth
- The industry has adapted to the new normal and turns to full-fledged; hence, tremendous growth can be visible quickly
Hotels and Resorts Industry Database
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I have used InfoGlobalData for my company (a mergers and acquisition firm in Toronto Canada) and have being using the data daily since. Very accurate information (over 90% accuracy in my data set) and very detailed.
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