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.

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 States' Bureau of Labor Statistics accounted for ***** million people working in the hospitality and leisure industry in the U.S. as of December 2024. This figure shows an increase over the previous year's figure of ***** million.

The India Hospitality Market Segmented by Type (Chain Hotels, Independent Hotels, and Others), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, and Others), Booking Channel (Direct Digital, Online Travel Agencies (OTAs), and Others), Geographic Region (North India, West India, and Others). The Market Forecasts are Provided in Terms of Value (USD).

Revenue team in the hospitality domain Domain: Hospitality
Function: Revenue

AtliQ Grands owns multiple five-star hotels across India. They have been in the hospitality industry for the past 20 years. Due to strategic moves from other competitors and ineffective decision-making in management, AtliQ Grands are losing its market share and revenue in the luxury/business hotels category. As a strategic move, the managing director of AtliQ Grands wanted to incorporate “Business and Data Intelligence” to regain their market share and revenue. However, they do not have an in-house data analytics team to provide them with these insights.

Their revenue management team had decided to hire a 3rd party service provider to provide them with insights from their historical data.

Here is the reference of Data Visualization :

https://github.com/SanthoshSivakumar/Hospatility-Domain

[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

Luxury spending in the global hospitality market grew by ***** to **** percent when comparing 2023 data with 2019. Hospitality ranked as the ***** most valuable luxury market worldwide in 2023, with a total value of around *** billion euros.

In 2020, executives in the global travel and hospitality industry were surveyed on the importance of customer data analytics to the business success of their company. The majority of respondents, ** percent, stated that customer data analytics were very important to the business success of their company. Meanwhile, only *** percent of respondents stated that customer data analytics were not important at all.

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.

Between 2023 and 2028, it was forecast that the cumulative annual growth rate (CAGR) of the hospitality industry's revenue would be the highest for Qatar, amounting to almost ** percent among the Gulf Cooperation Council (GCC). Comparatively, Kuwait, Oman, and Bahrain had expected growth rate that exceed the region's average over the examined period.

Graph and download economic data for All Employees, Leisure and Hospitality (USLAH) from Jan 1939 to Sep 2025 about leisure, hospitality, establishment survey, employment, and USA.

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 Brazil Hospitality Market Report is Segmented by Type (Chain Hotels, Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, Budget & Economy, Service Apartments), Booking Channel (Direct Digital, Otas, Corporate/MICE, Wholesale & Traditional Agents), and Geography (North, Northeast, Central-West, Southeast, South). The Market Forecasts are Provided in Terms of Value (USD).

In 2028, the revenue of the hospitality industry in Saudi Arabia was forecasted to be the highest among GCC countries, exceeding ** billion U.S. dollars. In 2023, the revenue of the hospitality industry in Saudi Arabia was more than ** billion U.S. dollars.

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.

The Croatia Hospitality Market Report is Segmented by Type (Chain Hotels, Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, Budget & Economy, Service Apartments), Booking Channel (Direct Digital, Otas, Corporate/MICE, and More), and Geography (Istria & Kvarner, Dalmatia, Adriatic Islands, Continental Croatia, Slavonia & Eastern Croatia). The Market Forecasts are Provided in Terms of Value (USD).

In 2023, the hospitality industry's revenue in Italy increased significantly compared to 2019, the year before the impact of the COVID-19 pandemic. Overall, earnings in the lodging segment rose by **** percent compared to 2019. Meanwhile, food and drink services' revenue grew by nearly ** percent over the same period.

The United Kingdom Hospitality Market size was valued at USD 69.50 Billion in 2024 and is projected to reach USD 99.38 Billion by 2032, growing at a CAGR of 4.5% from 2026 to 2032.United Kingdom Hospitality Market DriversThe United Kingdom's hospitality market is influenced by a number of key drivers, ranging from changing consumer behaviors to technological advancements and broader economic trends. These factors are interconnected and contribute to the sector's growth and evolution.Key Market Drivers:Rising Domestic and International Tourism: Tourism is a significant driver of the UK hospitality market, with both domestic and international visitors contributing to growth. International visits are projected to increase by 4.3% annually from 2024 to 2028.Increase in Staycations and Domestic Travel: The UK's domestic tourism industry has seen a surge in popularity, with domestic tourism generating £72.9 billion in 2023, up 12% from 2022.

When looking at the leading hospitality and recreation chains by market value, as ranked by Forbes in its 2024 "Global 2000" list of the largest companies worldwide, McDonald's came out on top. The fast food chain accounted for a market value of roughly *** billion U.S. dollars that year. Meanwhile, Chipotle Mexican Grill ranked second with a market value of ***** billion U.S. dollars.

The hospitality sector in France experienced an economic slowdown due to the pandemic crisis caused by the Covid-19 virus. Owing to travel restrictions decided by governments worldwide, the occupancy in French hotels indeed fell drastically. Therefore, the hospitality industry underwent a negative revenue growth in 2020. The revenue generated by the hospitality sector in France in April 2020 dropped by **** percent compared with the same month last year.