Over the last two observations, the revenue is forecast to significantly increase in all segments. This reflects the overall trend throughout the entire forecast period from 2021 to 2029. It is estimated that the revenue is continuously rising in all segments. In this regard, the Hotels segment achieves the highest value of ***** billion U.S. dollars in 2029. Find other insights concerning similar markets and segments, such as a comparison of revenue in France and a comparison of revenue in the United Kingdom. The Statista Market Insights cover a broad range of additional markets.

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According to Technavio analysts, the tourism and hotel market share in China is expected to increase by USD 24.23 billion from 2021 to 2026 at a CAGR of 11.81%. This research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

The tourism and hotel market in China report extensively covers market segmentation by the following:

Type - Outbound tourism and inbound tourism 
Product - Chain hotels and independent hotels 

The tourism and hotel market vendors in China that are studied and compiled in this report include Beijing Zhiyuan International Travel Agency Co. Ltd., Emei Shan Tourism Co. Ltd., Expedia Group Inc., Guangdong International Hotel Management Holdings Ltd., Huangshan Tourism Development Co. Ltd., Huazhu Group Ltd., InterContinental Hotels Group PLC, Intrepid Group Pty Ltd., Jin Jiang International Holdings Co. Ltd., Jinmao China Hotel Investments and Management Ltd., Marriott International Inc., Shangri La Asia Ltd, The Dragon Trip., Tongcheng Travel Holdings Ltd., Trip.com Group Ltd., TUI AG, and Tuniu Corp among others.

What will the Tourism and Hotel Market Size in China be During the Forecast Period?

Download the Free Report Sample to Unlock the Tourism and Hotel Market Size in China for the Forecast Period and Other Important Statistics

Tourism and Hotel Market in China: Key Drivers, Trends, and Challenges

The increasing preference for local and authentic experiences is notably driving the tourism and hotel market growth in China, although factors such as outbreak of covid-19 may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the tourism and hotel industry in China. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Tourism and Hotel Market Drivers in China

One of the key factors driving the tourism and hotel market growth in China is the increasing preference for local and authentic experiences. 
The tourists are focusing more on exploring local communities and their cultures, which are considered one of the most critical aspects of the tourism and hotel market in China.
The tourists also prefer:

  Buying local products instead of souvenirs 
  Undertaking adventure trips in public transport instead of taxis
  Having dinner in a restaurant that uses zero-kilometer ingredients, including local, low-impact primary ingredients, such as meat, cheese, and honey.


This new form of tourism is expected to become popular among tourists as they are becoming more aware of the environmental impact of tourism.
Such factors are expected to fuel the market growth during the forecast period. 

Key Tourism and Hotel Market Trends in China

Growing Internet access and online testimonials is one of the key China tourism and hotel market trends that is expected to impact the industry positively in the forecast period.
The Internet provides consumers with all the essential information related to travel and hotels besides customer-generated reviews through testimonials. For instance;

  As of January 2020, TripAdvisor Inc., a popular website for travel reviews, had an average of around 500 million visitors/month.
  Booking.com provides users with booking options depending on the type of trip they wish to take. In 2020, the website had over 65 million guest reviews.


The Internet provides direct access to destination images and videos, reviews, weather reports, maps, and guides.
These factors are expected to further support the market in focus in the forecast years.

Key Tourism and Hotel Market Challenges in China

One of the key challenges to the tourism and hotel market growth in China is the outbreak of covid-19.
The closure of international borders, international flight cancellations, and lockdowns led by COVID-19 negatively affected the tourism and hotel market in China.
According to the Ministry of Culture and Tourism of China (MCT), in the first half of 2020, domestic tourism demand decreased by 77% in China as compared to 2019.
The zero-tolerance toward the virus even in 2021, when other countries such as the US accepted COVID-19 as an endemic, further decelerated the growth rate.
These factors may impact the revenue growth of the market, which is another challenge for the tourism and hotel market in China during the forecast period.

This tourism and hotel market in China analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the tourism and hotel market in China as a part of the

The revenue is forecast to experience significant growth in all segments in 2029. This reflects the overall trend throughout the entire forecast period from 2021 to 2029. It is estimated that the revenue is continuously rising in all segments. In this regard, the Hotels segment achieves the highest value of ****** billion U.S. dollars in 2029. Find other insights concerning similar markets and segments, such as a comparison of revenue in Malta and a comparison of revenue in France. The Statista Market Insights cover a broad range of additional markets.

Global Tourism And Hotel market size 2021 was recorded $1549.41 Billion whereas by the end of 2025 it will reach $1891.8 Billion. According to the author, by 2033 Tourism And Hotel market size will become $2820.28. Tourism And Hotel market will be growing at a CAGR of 5.118% during 2025 to 2033.

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Indonesia Tourism And Hotel Market Size 2025-2029

The indonesia tourism and hotel market size is forecast to increase by USD 11.44 billion at a CAGR of 6.5% between 2024 and 2029.

Market Size & Forecast

Market Opportunities: USD 60.90 billion
Market Future Opportunities: USD USD 11.44 billion 
CAGR : 6.5%

Market Summary

The market has witnessed significant growth in recent years, with international visitor arrivals increasing by approximately 7% year-on-year, as of 2021. This trend can be attributed to the country's rich cultural heritage, diverse natural attractions, and improving infrastructure. In terms of accommodation, the hotel sector has seen a shift towards mid-range and budget properties, catering to the increasing preference for affordable yet quality stays. Online travel platforms and growing internet access have facilitated the booking process, leading to a surge in digital transactions. Moreover, the Indonesian government's initiatives to promote sustainable tourism and eco-friendly practices have attracted environmentally-conscious travelers. Despite these positive developments, the market faces challenges such as infrastructure gaps in certain regions and unpredictable weather patterns, which can impact tourist arrivals. Nonetheless, the ongoing investments in tourism infrastructure and the country's unique offerings continue to make Indonesia an attractive destination for both business and leisure travelers.

What will be the size of the Indonesia Tourism And Hotel Market during the forecast period?

Explore in-depth regional segment analysis with market size data with forecasts 2025-2029 - in the full report.
Request Free Sample The market continues to expand, with significant growth in both domestic and international visitor numbers. In 2020, Indonesia welcomed over 15 million international tourists, a 5% increase from the previous year. Domestic tourism also saw a surge, with over 100 million domestic tourists in 2020. Cultural heritage tourism and sustainable tourism development are key areas of focus for the industry, with responsible tourism practices increasingly important for attracting visitors. Gastronomic tourism experiences also contribute to the sector's growth, as Indonesia's diverse culinary offerings gain international recognition. Hotel technology integration is a priority for many establishments, with online booking platforms and guest feedback analysis tools becoming essential for competitiveness. Tourism policy regulation and safety measures are also crucial for maintaining industry standards and ensuring guest satisfaction. Tourism stakeholder collaboration and investment opportunities are driving innovation in the sector. Competitive pricing strategies and customer loyalty programs help hotels attract and retain guests, while hotel operations optimization and destination branding tourism efforts enhance the overall tourism experience. The tourism sector in Indonesia is a significant employer, with over 12 million people directly employed in the industry. Tourism resource management, accessibility improvements, and tourism market segmentation are ongoing priorities for industry growth and sustainability. Hotel branding strategies, travel insurance products, and hotel employee retention are essential components of a successful business model. Hotel security systems and tourism promotion strategies are also crucial for maintaining a positive reputation and attracting repeat business. In conclusion, the market presents numerous opportunities for growth and innovation, with a focus on sustainable practices, technology integration, and stakeholder collaboration.

How is this Indonesia Tourism And Hotel Market segmented?

The indonesia tourism and hotel market market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029,for the following segments. TypeDomesticInternationalClass TypeChain hotelsIndependent hotelsCustomer TypeLeisureBusinessGeographyAPACIndonesia

By Type Insights

The domestic segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving tourism industry of Indonesia, domestic travel remains a significant contributor, accounting for a substantial market share due to the convenience of local travel policies, language familiarity, and cultural connections. However, the government's focus on international tourism to generate foreign exchange may lead to a slight decrease in domestic tourism's dominance. To enhance the overall tourism sector, Indonesia has initiated various initiatives, such as sustainable tourism, sports tourism, culinary tourism, and cultural tourism. These efforts aim to provide diverse experiences for residents and attract international visitors. The Indonesian government's commitment to sustaina

US Luxury Hotel Market size was valued at USD 27.1 Billion in 2024 and is projected to reach USD 40 Billion by 2032, growing at a CAGR of 5.5% from 2026 to 2032.Rising Disposable Income Among Travelers: The sustained rising disposable income among high net worth individuals (HNWIs) and upper middle class travelers in the U.S. serves as the primary financial engine for the luxury hotel market. This demographic benefits disproportionately from economic growth, leading to a greater allocation of wealth toward experiential spending, where luxury travel is a top priority.Growth in Business and Leisure Tourism: A robust expansion in both business and leisure tourism across the United States is fundamentally driving the luxury hospitality sector.

[226+ Pages Report] The global Hospitality market size is expected to grow from USD 3953 billion in 2021 to USD 6716.3 billion by 2028, at a CAGR of 10.24% from 2022-2028

Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report India Hotels Market Analytics to 2025: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type – Business and Leisure, by type of hotel – Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow’s for the period 2016 to 2020 and forecast to 2025. Read More

The global beach hotels market size was significantly robust in 2021, Key Factors are rapidly growing travel and tourism sector, rising disposable income

Global Apartment style Hotel market size 2021 was recorded $28336.2 Million whereas by the end of 2025 it will reach $36866 Million. According to the author, by 2033 Apartment style Hotel market size will become $62401.6. Apartment style Hotel market will be growing at a CAGR of 6.8% during 2025 to 2033.

Luxury: Luxury theme hotels offer upscale accommodations, exclusive amenities, and personalized services to cater to discerning guests.Boutique: Boutique theme hotels provide charming and intimate experiences with unique design elements and personalized services.Others: Other segments include family-friendly theme hotels, budget theme hotels, and themed resorts. Recent developments include: November 2021: Hilton announced that it will launch a new Tru by Hilton hotel in Japan, launching the brand in that country for the first time., August 2021: In the Mexican region of Rivira Maya, Karisma Hotels and Resorts has announced that it will be launching a new resort with a Nickelodeon theme. The resort will offer a water park, a variety of family-friendly experiences, and rooms with Nickelodeon themes.. Notable trends are: Growing interest in immersive vacations is driving market growth.

Hotels in Ireland enjoyed sustained demand from both domestic and international consumers in the years before the COVID-19 outbreak. A reduced tax rate has also supported hotels in the years following the financial crisis, which made travelling in Ireland more affordable. This was axed in 2018 before being reintroduced to support tourism during the COVID-19 pandemic. Revenue has dropped at a projected compound annual rate of 1.7% over the five years through 2024 to €4.1 billion, despite a 5.2% hike in 2024. This contraction was down to the COVID-19 outbreak and the imposition of strict restrictions, which decimated the tourism sector for most of 2020 and 2021. Hotels were understandably among the hardest-hit industries early in the pandemic but have enjoyed a robust rebound as restrictions have lifted. International tourist numbers have risen since the second half of 2021, reaching 73% of 2019 levels. At the same time, many Irish residents opted for domestic trips, supporting revenue. Hoteliers have raised their fees, pushing up RevPAR and benefitting revenue. However, over the two years through 2023, severe inflationary pressures and geopolitical issues subdued consumer confidence and constrained disposable incomes, straining revenue recovery. Subsiding inflation and continued growth in tourism supports spending on hotels in 2024. Hotels face stiff price competition from short-term rentals, dampening average industry profit. Hotels will continue to benefit from an expanding number of domestic and foreign travellers. Hotel revenue is forecast to rally at a compound annual rate of 3.4% over the five years through 2029 to reach €4.8 billion. Since Ireland is undersupplied, hotel supply growth in Dublin will support the industry. Short-term rentals will continue to pose a threat, though more hotels will likely implement dynamic pricing algorithms to remain price competitive and will seek to rollout innovative features that enhance the customer experience, driving demand. Investment in technology will help hotels boost operational efficiency and provide more personalised experiences to guests. Hoteliers will also place more importance on sustainability through green practices to attract increasingly environmentally-conscious consumers.

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The hospitality market share in the Netherlands is expected to increase by USD 5.30 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 8.68%.

This hospitality market in the Netherlands research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers hospitality market in the Netherlands segmentations by type (restaurants, quick service, accommodations, and drinks sector) and tourist type (international and domestic). The hospitality market in the Netherlands report also offers information on several market vendors, including Accor SA, Bastion Hotelgroep B.V., Fletcher Hotel Exploitaties BV, Hilton Worldwide Holdings Inc., InterContinental Hotels Group, Louvre Hotels Group, Marriott International Inc., Minor International PCL, Shanghai Jin Jiang International Hotels Group Co. Ltd., and Van der Valk among others.

What will the Hospitality Market Size in the Netherlands be During the Forecast Period?

Download the Free Report Sample to Unlock the Hospitality Market Size in the Netherlands for the Forecast Period and Other Important Statistics

Hospitality Market in the Netherlands: Key Drivers, Trends, and Challenges

The shifting preference for local and authentic experiences is notably driving the hospitality market growth in the Netherlands, although factors such as difficulties in implementing tourism policies may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hospitality industry in the Netherlands. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Hospitality Market Driver in the Netherlands

The shifting preference for local and authentic experiences is one of the key drivers supporting the hospitality market growth in the Netherlands. Some tourists are focusing more on exploring local communities and their cultures, which are considered to be one of the most important aspects of the hospitality market in the Netherlands. These tourists prefer buying local products instead of souvenirs, undertaking adventure trips in public transport instead of taxis, and having dinner in a restaurant that uses zero-kilometer ingredients, including local, low-impact primary ingredients, such as meat, cheese, and honey. Thus, the new form of tourism is expected to become popular among tourists as they are becoming more aware of the environmental impact of tourism, which will fuel the growth of the market in focus during the forecast period.

Key Hospitality Market Trend in the Netherlands

An increase in internet access and online testimonials is one of the key trends contributing to the hospitality market growth in the Netherlands. Technological advances with respect to internet access and smartphones have disrupted the overall travel and tourism industry, which is expected to optimize the entire traveling process by making it more convenient for travelers to plan their vacations or trips. The internet provides consumers with all the essential information related to travel besides customer-generated reviews through testimonials. For instance, as of January 2020, TripAdvisor Inc., a popular website for travel reviews, had an average of around 500 million visitors per month. These websites enable travelers to plan their vacations in advance using the information available on the internet. It provides direct access to destination images and videos, reviews, weather reports, and maps and guides. Such accessibilities are expected to drive market growth during the forecast period.

Key Hospitality Market Challenge in the Netherlands

Difficulties in implementing tourism policies is one of the factors hindering the hospitality market growth in the Netherlands. The implementation of sustainable and effective policies, including those that promote the conservation of natural resources, safeguard local/national economic interests and encourage local heritage tours, faces difficulties when governments change, or national budgets come under pressure. However, there are several challenges that hamper the hospitality market in the Netherlands, such as lack of a well-trained workforce for the tourism sector; marketing issues which include the promotional activity for implementing effective tourism policies in the country. These factors are expected to pose a threat to the growth of the hospitality market in the Netherlands during the forecast period.

This hospitality market in the Netherlands analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and

[228+ Pages Report] The global luxury hotel market size was valued at USD 95.11 billion in 2021 and is expected to reach USD 160.48 billion by 2028, growing at a CAGR of 4.95% during the forecast period (2022- 2028)

At the start of 2021, hoteliers in Asia, Europe, and North America, were surveyed on the likelihood of them implementing guest messaging (mobile chat) solutions in the next 12 months. The majority of respondents, 30 percent, stated that they were likely to implement guest messaging solutions in the next year. Meanwhile, eight percent of respondents stated that they already had guest messaging solutions in place.

Brazilian Hospitality Market size was valued at USD 17.6 Billion in 2024 and is projected to reach USD 29.3 Billion by 2032, growing at a CAGR of 6.6% from 2025 to 2032.

Key Market Drivers

Investment in Hotel Infrastructure: Investment in hotel infrastructure is propelling the Brazilian hospitality industry by increasing capacity to meet rising demand. According to the Brazilian expansion Bank (BNDES), R$8.2 billion was invested in hotel expansion and repair projects between 2021 and 2023.

Digital Transformation and Online Booking Growth: The Brazilian hospitality market is experiencing substantial expansion as a result of digital revolution. According to the Brazilian E-Commerce Association (AB Comm), internet travel bookings in Brazil would increase by 34% in 2023 to R$45 billion.

Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Mexico Hotels Market Analytics to 2021: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type – Business and Leisure, by type of hotel – Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow’s for the period 2012 to 2016 and forecast to 2021. Read More

Global Hotel Management Software market size 2021 was recorded $2934.28 Million whereas by the end of 2025 it will reach $3690.5 Million. According to the author, by 2033 Hotel Management Software market size will become $5837.85. Hotel Management Software market will be growing at a CAGR of 5.9% during 2025 to 2033.

Global Quick Hotel market size 2021 was recorded $411.315 Million whereas by the end of 2025 it will reach $492.23 Million. According to the author, by 2033 Quick Hotel market size will become $704.946. Quick Hotel market will be growing at a CAGR of 4.592% during 2025 to 2033.

Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Japan Hotels Market Analytics to 2021: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type – Business and Leisure, by type of hotel – Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow’s for the period 2012 to 2016 and forecast to 2021. Read More