Press release
Hotels Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research
Hotels Market
๐๐จ๐ญ๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
A hotel is a maintained facility or institution that offers guests a place to stay overnight - in return for money - on a short-term basis. The exact amenities and services supplied to visitors can vary greatly from one hotel to the next, and hotel owners often attempt to target a specific sort of consumer through their pricing model and marketing approach, or by the range of services they offer. The hotel business is the branch of the service sector that deals with visitor accommodations. Increased consumer purchasing power, economic growth, digital innovation, and internet usage are driving the global travel and tourism industry, leading to the growth of the hotels market worldwide. The frequency of travel, both domestically and internationally, has significantly increased in recent years and is expected to continue growing in the forecast period. This trend is boosting hotel bookings for business, commercial, and tourism purposes, resulting in higher occupancy rates.
The U.S. remains a key player in the hotels market, while China is projected to experience rapid growth in the coming years. The major key player are the Accor SA, Marriott International, Hyatt Hotels Corporation, Hilton Worldwide Holdings Inc., InterContinental Hotels Group PLC., Best Western International, Inc., Choice Hotels Internationals, Inc., Wyndham Destinations, Inc., and Radisson Hospitality A.B. North America is projected to maintain its position as the dominant market, with an anticipated revenue of USD xx billion by 2030 and a market share of xx%. The region is seeing substantial investments by both branded hotel chains and independent hotels in micro hotels, particularly in urban areas. Europe is also expected to experience significant growth, driven by a high number of international tourists leading to increased occupancy rates. Popular destinations in Europe like Poznan, Geneva, and Budapest, as well as emerging cities like Braga, Portugal, are attracting visitors from around the globe and contributing to market growth.
๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฎ๐ฌ๐ญ ๐ ๐๐ฅ๐ข๐๐ค ๐๐ฐ๐ :https://www.maximizemarketresearch.com/request-sample/47478/
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In July 2023, Marriott International and MGM Resorts International announced a long-term license agreement, and the creation of MGM Collection with Marriott Bonvoy. The agreement will allow MGM Resorts to leverage Marriott's global distribution platform and loyalty program, while Marriott will gain access to MGM's iconic portfolio of hotels and resorts in key markets.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐จ๐ญ๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐:https://www.maximizemarketresearch.com/request-sample/47478/ ๏ปฟ
๐๐จ๐ญ๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐จ๐ญ๐๐ฅ ๐๐ฒ๐ฉ๐
Business/ Commercial Hotels
Boutique Hotels
Resort Hotels
Transit Hotels
Bed & Breakfast Hotels
Others
๐๐ฒ ๐๐ซ๐ข๐๐ ๐๐๐ฏ๐๐ฅ
Luxury
Upscale
Midscale
Economy
๐๐ฒ ๐๐จ๐จ๐ฆ ๐๐๐ฉ๐๐๐ข๐ญ๐ฒ
Small
Medium
Large
Mega
๐๐ฒ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐จ๐๐๐ฅ
Individual
Chain
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/47478/
๐๐จ๐ญ๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ
Accor SA
Marriott International
Hyatt Hotels Corporation
Hilton Worldwide Holdings Inc.
InterContinental Hotels Group PLC.
Best Western International, Inc.
Choice Hotels Internationals, Inc.
Wyndham Destinations, Inc.
Radisson Hospitality A.B.
Indian Hotels Company Limited
Oravel Stays Private Limited
TC Limited
EIH Limited
Bharat Hotels Limited
Lemon Tree Hotels
The Leela Palaces
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/hotels-market/47478/ ๏ปฟ๏ปฟ
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ญ๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What segments are covered in Hotels Market report?
Which region is expected to hold the highest share in the Global Hotels Market?
Who are the top key players in the Global Hotels Market?
Which segment held the largest market share in the Global Hotels market by 2023?
What is the market size of the Global Hotels market by 2030?
What was the market size of the Global Hotels market in 2023?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Hotels Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Hotels Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment 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
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง
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๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Maximize Market Research is a global Market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more. Their services cover Market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.
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