The global hotel occupancy rate reached 68 percent in September 2025. The highest rates that year were recorded in July and August, at 71 percent, respectively.

The Luxury Hotel Market Report Segments the Industry Into by Service Type (Business Hotels, Airport Hotels, and More), Room Type (Standard Luxury Room, Suites, and More), ]booking Channel (Direct Booking (Brand Website, Call Center), Online Travel Agencies (OTA), and More), and Geography (North America, South America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

Hospitality can be defined somewhat broadly as an industry that focuses on providing consumers with a means to participate in leisure activities, be that staying in a hotel or dining in a restaurant. It encompasses many industries, the largest of which are accommodation and food and drink services. In 2023, the global hospitality market reached over *** trillion U.S. dollars and was forecast to grow to around *** trillion U.S. dollars in 2024.

United States Hospitality Industry Market size was valued at USD 15.31 Billion in 2024 and is projected to reach USD 23.68 Billion by 2031, growing at a CAGR of 5.6% from 2024 to 2031.United States Hospitality Market DriversThe market drivers for the United States Hospitality Market can be influenced by various factors. These may include:Economic conditions: The hotel industry is strongly impacted by the nation's overall economic health, which includes variables like GDP growth, employment rates, and consumer spending. People travel more and spend more on hotel services when the economy is doing well.Travel trends: The demand for hospitality services in particular locations may be influenced by shifting travel patterns, such as an increase in domestic or international travel, the rise of bleisure travel (combining business and leisure vacations), and the popularity of particular places.Technological developments: To improve customer experiences, increase operational efficiency, and customize services, the hotel sector is progressively implementing technology. Keyless entrance, personalized recommendations, and smartphone check-in are examples of trends that can affect customer preferences.Regulatory environment: The hospitality sector may be impacted by government laws and regulations, such as those pertaining to taxes, labor laws, and visa requirements. The competitiveness of the market and operating expenses might be impacted by regulatory changes.Consumer preferences: Shifts in the hospitality business can be driven by changes in consumer preferences, which can affect the kinds of services and amenities that are in demand. Examples of these shifts include a growing interest in wellness tourism, sustainable travel, or unique experiences.Rivalry: Pricing strategies and client loyalty may be impacted by the degree of rivalry in the hospitality industry, which includes the existence of well-known brands, fresh competitors, and alternative accommodation options like Airbnb.Global crises and events: The hospitality industry may be significantly impacted by events like health pandemics, natural disasters, geopolitical unrest, or economic downturns, which can alter demand and travel patterns.

The United States Hospitality Market Report is Segmented by Chain Scale (Luxury, Upper Upscale, Upscale, and More), by Type (Service Apartments, Budget & Economy Hotels, and More), by Service Model (Full-Service, Select-Service, and More), by End-User, by Distribution Channel, by Ownership & Management Model, by Property Size, and by Region. The Market Forecasts are Provided in Terms of Value (USD).

The United Kingdom’s hotel market ranges from renowned 5-star and luxury hotels to major national budget brands. In 2024, the market size of the hotel industry in the UK was valued at approximately **** billion British pounds, down from the previous year's total of **** billion British pounds. In 2025, the market size of this industry was forecast to increase by around *** million British pounds. How high is the UK’s hotel occupancy rate? The monthly hotel occupancy rate in the UK reached ** percent in March 2025. While this figure was a slight decrease from the same month in the previous year, it was significantly higher than in the years 2020, 2021, and 2022. In March 2020 and 2021, the country's hotel occupancy rate had fallen to ** percent and ** percent, respectively. The low occupancy rate during 2020 and 2021 was due to the impact of the coronavirus (COVID-19) pandemic which greatly limited travel and tourism across the globe. Who are the key players in the UK hotel industry? During the 2023/24 financial year, Whitbread’s annual revenue amounted to **** billion British pounds. Whitbread is a UK multinational leisure and hospitality company, best known as the owner of the Premier Inn hotel brand which can be found across the country. Meanwhile, the gross revenue of Holiday Inn hotels worldwide totaled *** billion U.S. dollars in 2024. Holiday Inn is a brand of hotels owned by the British company InterContinental Hotels Group.

Data includes occupancy rates, average daily rates, and revenue per available room.

In Hotel Industry In US, OYO Hotels & Homes offered free stays to medical professionals and first responders fighting this virus on the frontlines in the US.

The United States Luxury Hotel Market Report is Segmented by Room Type (Standard Luxury Room, Suites, Villas/Bungalows, Penthouses & Presidential Suites), Booking Channel (Direct Booking, Online Travel Agencies, and Other), Service Type (Business Hotels, Airport Hotels, Suite Hotels, Resorts, Other Service Types), and Geography (Northeast, Midwest, South, West). The Market Forecasts are Provided in Terms of Value (USD).

The Indian hotel industry is a rapidly growing market, with a market size valued at USD 247.31 million in 2025. The industry is expected to expand at a CAGR of 13.96% during the forecast period of 2025-2033. The growth of the industry can be attributed to several factors, including rising disposable incomes, increased tourism, and a growing middle class. The industry is also witnessing a shift towards online bookings and loyalty programs. Key trends driving the growth of the Indian hotel industry include the increasing popularity of budget and economy hotels, the expansion of service apartments, and the growing adoption of technology. The industry is also facing certain challenges, such as the high cost of land and labor, and the competition from international hotel chains. Despite these challenges, the Indian hotel industry is expected to continue to grow in the coming years, as it benefits from the country's strong economic growth and rising disposable incomes. The major players in the Indian hotel industry include Oberoi Hotels and Resorts, ITC Hotels, Lemon Tree Hotels, Taj Hotels, The Leela Palaces Hotels and Resorts, OYO Rooms, The Park Hotel, Radisson Hotel Group, Hyatt Hospitality company, and Marriott International Inc. Recent developments include: In March 2024, Suba Group of Hotels launched its third hotel i.e., Click Hotel, in Pithampur, Madhya Pradesh, designed to cater to the new age business travelers and features 63 premium contemporary rooms and suites., In February 2024, Radisson Hotel Group announced the signing and opening of the first internationally branded hotel in Ayodhya-Park Inn by Radisson Ayodhya., In September 2023, Parkside Hotels & Resorts announced its intentions to grow its collection by securing contracts for a minimum of 20 hotels in India by the conclusion of 2024.. Key drivers for this market are: Growth in Travel and Tourism in India, Increase in the Number of Hotel Projects. Potential restraints include: Lack of Skilled Labor is a Challenge for the Market, Sustainability and Competition Threaten Industry Success. Notable trends are: Increase in the Number of Hotel Projects is Driving the Market.

The market size of the hotel and resort sector worldwide reached *** trillion U.S. dollars in 2024. This showed almost ***** percent growth over the previous year's figure of **** trillion U.S. dollars. What are the leading hotel brands globally? In 2024, among hotel brands with the highest brand values globally were industry giants like Hilton, Hyatt, and Hampton Inn. Hilton was reported to have a brand value exceeding **** billion U.S. dollars. However, while Hilton led brand value, Wyndham hotels and resorts claimed the top spot for the hotel company with the largest number of properties worldwide, boasting over **** thousand hotels globally, while Hilton ranked fourth. Hotel booking behavior of global travelers In 2023, hotel booking growth worldwide peaked in January and February, surpassing *** percent - there was also a notable increase in hotel booking growth during the summer months of June and August. As of 2024, Vietnam and China stood out as the countries with the highest share of consumers booking hotels or private accommodation. Meanwhile, countries with the lowest share of hotel and private accommodation bookings were Hungary and Pakistan.

These data are used in a research study and may not be redistributed or used for commercial purposes.

Feel free to use it for research purposes or to reproduce the results presented in the article.

When referring to the data set in publications please cite the article as follows: Radojevic, T., Stanisic, N., & Stanic, N. (2016). Inside the Rating Scores: A Multilevel Analysis of the Factors Influencing Customer Satisfaction in the Hotel Industry. Cornell Hospitality Quarterly.

You may also want to cite the data set: Radojevic, T., Stanisic, N., & Stanic, N. (2016), Inside the Rating Scores: A Multilevel Analysis of the Factors Influencing Customer Satisfaction in the Hotel Industry., Mendeley Data, v1 http://dx.doi.org/10.17632/kwsrxshf9x.1

For a detailed description of the variables and their descriptive statistics, please read the article.

The United Kingdom Hospitality Market Segments by Sector (Accommodation, Food and Beverage Service Establishments, and More), by Service Model (Full-Service, Limited / Budget and More), by End-User (Leisure Travellers, Business Travellers and More), by Booking Channel (Direct, Online Travel Agencies, and More), by Ownership Model (Independent Operators and Chain / Branded), by Geography.

Market Size statistics on the Hotels & Motels industry in the US

The Luxury Hotel Market is estimated to be valued at USD 110.7 billion in 2025 and is projected to reach USD 185.6 billion by 2035, registering a compound annual growth rate (CAGR) of 5.3% over the forecast period.

The Swedish Hospitality Market is Segmented by Type (Chain Hotels and Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, and More), Booking Channel (Direct Digital, Otas, and More), and Geographic Region (Stockholm County, West Sweden (incl. Gothenburg), and More). The Market Forecasts are Provided in Terms of Value (USD).

The Europe Luxury Hotel Market Report is Segmented by Room Type (Standard Luxury Room, Suites, Villas/Bungalows, Penthouses & Presidential Suites), Booking Channel (Direct Booking, Online Travel Agencies, and More), Service Type (Business Hotels, Airport Hotels, and More), and Geography (United Kingdom, Germany, France, Spain, Italy, and More). The Market Forecasts are Provided in Terms of Value (USD).

Discover the booming global hotel rooms market! This comprehensive analysis reveals key trends, growth drivers, regional market shares (North America, Europe, Asia-Pacific), and leading companies from 2019-2033, including market size projections and CAGR. Learn about the impact of online booking, hotel types, and future opportunities in this lucrative sector.

As of April 2025, the market size of the casino hotel industry in the United States totaled **** billion U.S. dollars. Meanwhile, there were around ******* individuals employed in the sector.

We will create a customized hotels dataset tailored to your specific requirements. Data points may include hotel names, location details, pricing information, amenity lists, guest ratings, occupancy rates, and other relevant metrics.

Utilize our hotels datasets for a variety of applications to boost strategic planning and market analysis. Analyzing these datasets can help organizations understand guest preferences and market trends within the hospitality industry, allowing for more precise operational adjustments and marketing strategies. You can choose to access the complete dataset or a customized subset based on your business needs.

Popular use cases include: optimizing booking strategies, enhancing guest experience, and competitive benchmarking.