The South Africa Hospitality Market 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 (Gauteng, Western Cape, and Other). The Market Forecasts are Provided in Terms of Value (ZAR).

The South African hospitality industry, valued at approximately $1.36 billion in 2025 (based on global market size and reasonable extrapolation considering South Africa's tourism sector), is projected to experience a compound annual growth rate (CAGR) of 4.43% from 2025 to 2033. This growth is driven by several factors, including increasing inbound tourism fueled by the country's diverse landscapes and rich culture, the growing popularity of experiential travel, and investments in infrastructure improvements designed to boost tourism. The segment encompassing budget and economy hotels is expected to witness significant expansion, driven by a rise in budget-conscious travelers and the increasing affordability of travel within the country. Conversely, while the luxury hotel segment will continue to attract high-spending visitors, its growth rate might be slightly slower compared to the budget sector, reflecting broader economic trends. The industry faces challenges such as infrastructure limitations in certain areas, fluctuations in the global economy impacting tourism spending, and the need for continuous innovation to meet evolving traveler expectations. The rise of online travel agencies and the need for enhanced digital marketing strategies are also significant factors shaping the competitive landscape. Successful players will need to differentiate themselves through exceptional customer service, unique offerings, and strategic partnerships to remain competitive. The competitive landscape is characterized by a mix of international hotel chains like Accor SA, Marriott International, and Hilton, alongside local and regional players such as Rotana Hotels and Mangalis Hotel Group. These established players leverage their brand recognition and global networks, while smaller, independent hotels compete by offering unique experiences and personalized services catering to specific market niches. The industry's future growth will depend significantly on successful collaboration between government initiatives promoting tourism, private sector investments in infrastructure and hospitality facilities, and the overall economic stability of the country. A well-defined strategy considering sustainability concerns and responsible tourism practices is vital for long-term success within this dynamic sector. Recent developments include: In March 2022, Kasada announced the purchase of the Cap Grace Hotel in Cape Town, South Africa. Kasada's hotel acquisition marks the company's first foray into the South African hotel operator market. It also helps Kasada's strategy of expanding into all major cities in Sub-Saharan Africa., In May 2022, Millat Investments took over the iconic Winston Hotel in Rosebank, Johannesburg, South Africa, adding another key property to its rapidly expanding hospitality portfolio. The purchase of the Winston property comes on the heels of the successful Africa Travel Indaba in Durban, an event aimed at reviving tourism to South Africa and the continent following the global pandemic lockdown.. Notable trends are: Growth in Tourism Sector in South Africa is Expected to Outpace Hospitality Industry.

The Brazil hospitality industry is experiencing robust growth, projected to reach a market size of $10.01 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 6.54% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, Brazil's burgeoning tourism sector, driven by increasing disposable incomes and a growing middle class, is significantly boosting demand for hotel accommodations across all segments. Secondly, the ongoing investment in infrastructure development, including improvements to airports and transportation networks, is enhancing accessibility and attracting more international and domestic tourists. Finally, the increasing popularity of experiential travel and the rise of unique accommodation options, such as service apartments, are diversifying the market and attracting a wider range of travelers. The industry's segmentation reflects this diversity, with a mix of chain hotels catering to large-scale tourism, independent hotels offering localized experiences, and service apartments providing extended-stay options. Budget and economy hotels dominate the market share, yet the mid-scale and luxury segments are also experiencing substantial growth, indicating a broadening appeal across income levels. Despite this positive outlook, the Brazilian hospitality industry faces some challenges. Competition among established international and domestic players is intense, necessitating continuous innovation and investment in service quality to maintain a competitive edge. Economic fluctuations in Brazil can also impact tourism spending and hotel occupancy rates, presenting a risk to sustained growth. Furthermore, seasonal variations in tourist arrivals necessitate effective demand management strategies. Major players like Accor SA, Louvre Hotels, Marriott International Inc., and IHG are well-positioned to navigate these challenges due to their brand recognition, established distribution networks, and established loyalty programs. However, smaller, independent hotels will need to focus on differentiation and unique selling propositions to compete effectively. The long-term success of the Brazilian hospitality market depends on addressing these challenges while capitalizing on the significant growth opportunities presented by a thriving tourism sector. Recent developments include: February 2024: Accor made an agreement with IDeaS, a leading provider of hospitality revenue optimization software and services. With this partnership, IDeaS will provide Accor with global revenue management software (RMS) services., August 2023: Choice Hotels, a leading hospitality company, finalized its acquisition of Radisson Hotels Americas. The deal, valued at around USD 675 million, includes the franchise business, intellectual property, and operations. Additionally, the acquisition encompasses the real estate value of three hotels owned by Radisson Hotel Group.. Key drivers for this market are: Growing Tourism, Consistent Demand for Business Travel and Corporate Hospitality Services. Potential restraints include: Growing Tourism, Consistent Demand for Business Travel and Corporate Hospitality Services. Notable trends are: Rising Tourism is Fueling Market Growth.

Graph and download economic data for Average Hourly Earnings of Production and Nonsupervisory Employees, Leisure and Hospitality (CES7000000008) from Jan 1964 to Jul 2025 about nonsupervisory, leisure, hospitality, establishment survey, earnings, hours, wages, production, employment, and USA.

Graph and download economic data for All Employees: Leisure and Hospitality: Gambling Industries in Louisiana (SMU22000007071320001SA) from Jan 1990 to Jul 2025 about gambling, leisure, hospitality, LA, employment, and USA.

The hospitality industry in Malaysia has experienced steady growth in recent years, with a market size expected to reach XX million by 2033, growing at a CAGR of 6.50% from 2025 to 2033. Key drivers of this growth include rising disposable income, increasing tourist arrivals, and government initiatives to promote tourism. However, the industry also faces challenges such as increasing competition from international hotel chains and economic fluctuations. The hospitality industry in Malaysia is segmented into chain hotels, independent hotels, and service apartments. Chain hotels account for the largest share of the market, followed by independent hotels and service apartments. Budget and economy hotels constitute the largest segment based on price, followed by mid and upper mid-scale hotels and luxury hotels. The industry is highly competitive, with major players including Genting Group, Shangri-La Hotels and Resorts, Hilton Worldwide, Hotel Seri Malaysia, Tune Hotels, Marriott International Inc., Accor SA, and Berjaya Hotels & Resorts. The market is expected to witness continued growth in the coming years, driven by increasing disposable income and government support for tourism. Recent developments include: In June 2022, LE MERIDIEN Hotels & Resorts opened Le Meridien Petaling Jaya in Petaling Jaya featuring a mid-century modern design with European accents. This new hotel offers 300 stylish, modern rooms with unique dining options and exclusive hotel-guest events., In July 2021, American multinational hotel chain operator Marriott International, Inc announced its plan to open Fairfield Kuala Lumpur Jalan Pahang and Four Points by Sheraton Desaru (Johor).. Key drivers for this market are: Rising Tourism in the United Arab Emirates Bolsters the Growth in Hospitality Sector, The Rise in the Mice Industry in the United Arab Emirates Drives the Hospitality Sector. Potential restraints include: High Rentals in the United Arab Emirates Pose a Restraint to the Hospitality Sector. Notable trends are: Smart Tourism in Malaysia to Offer Lucrative Growth Prospects.

As of February 2025, hospitality group Accor SA reported the highest market capitalization among the selected travel and leisure companies in France. As of that month, Accor's market cap amounted to **** billion euros. Food services and facility management company Sodexo SA recorded the second-highest figure in the ranking, with a market cap of roughly **** billion euros.

The Switzerland 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 (Zürich, Geneva & Lake Geneva, Basel & Northwestern Switzerland and More). The Market Forecasts are Provided in Terms of Value (USD).

United States GDP Nowcast: saar: YoY: Contribution: Labour Market: Private Sector Payroll: sa: Leisure & Hospitality data was reported at 2.437 % in 12 May 2025. This records a decrease from the previous number of 2.437 % for 05 May 2025. United States GDP Nowcast: saar: YoY: Contribution: Labour Market: Private Sector Payroll: sa: Leisure & Hospitality data is updated weekly, averaging 2.941 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 9.069 % in 18 May 2020 and a record low of 0.287 % in 25 Mar 2019. United States GDP Nowcast: saar: YoY: Contribution: Labour Market: Private Sector Payroll: sa: Leisure & Hospitality data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

United States Core Inflation Nowcast: sa: Contribution: Labour Market: Private Sector Payroll: Leisure & Hospitality data was reported at 0.006 % in 12 May 2025. This stayed constant from the previous number of 0.006 % for 05 May 2025. United States Core Inflation Nowcast: sa: Contribution: Labour Market: Private Sector Payroll: Leisure & Hospitality data is updated weekly, averaging 0.040 % from Apr 2018 (Median) to 12 May 2025, with 369 observations. The data reached an all-time high of 31.418 % in 31 May 2021 and a record low of 0.000 % in 16 May 2022. United States Core Inflation Nowcast: sa: Contribution: Labour Market: Private Sector Payroll: Leisure & Hospitality data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Inflation: Core.

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

Hotels and short-term accommodation providers in Europe enjoy strong demand due to the continent’s well-developed tourism sector and significant number of holiday destinations that cater to various consumer needs. European residents often holiday domestically or go on trips to other European countries due to how quick and easy it is to travel to them. Rising domestic and international tourism has fuelled accommodation demand across the continent, though companies have faced strong competition from short-term lets. Revenue is slated to inch downward at a compound annual rate of 0.1% over the five years through 2025 to €202.8 billion, including an expected 0.2% drop in 2025. Despite the numerous popular holiday spots spread across Europe, including Spain, Italy and France, hotels and other holiday accommodation providers weren’t prepared for the catastrophic drop in tourism caused by the COVID-19 pandemic in 2020. The easing of travel restrictions in 2021 and 2022 drove revenue back up, supported mostly by heightened domestic tourism due to heightened consumer confidence and a trend towards staycations. International travel recovered and drove up occupancy rates and RevPAR, especially in the upscale and luxury segments. Since 2022, though, severe inflation and heightened economic and geopolitical uncertainty have squeezed consumers’ budgets, limiting spending on holidays. European hotels and short-term accommodation providers face intense competition, putting pressure on prices and RevPAR. The popularity of online booking platforms like Airbnb has played a big part in increasing competitive pressures. To attract potential guests, accommodation providers are adopting dynamic pricing strategies and investing in enhancing the customer experience through innovation and differentiation. The use of advanced technology and the wellness tourism trend have shaped the industry’s focus. Nonetheless, intense competition and elevated operating costs like rent, purchases and wages have constrained profit. Revenue is forecast to swell at a compound annual rate of 2.5% over the five years through 2030 to €229.3 billion. A mounting number of international guests and strong demand for domestic holidays will drive growth. Climbing disposable income and wealthy international tourists flocking to European destinations is set to stimulate spending on upscale hotels and holiday accommodation. Regulatory crackdowns on short-term rentals in many European countries may ease competitive pressures, while escalating consumer demand for sustainable travel is driving providers to adapt. Innovation, sustainability and guest-centric strategies will be key to capturing market share and responding to evolving traveller expectations.

The Malaysian hospitality industry, characterized by a diverse range of hotels from budget-friendly options to luxury resorts, is experiencing robust growth. A Compound Annual Growth Rate (CAGR) exceeding 6.50% signifies a consistently expanding market, projected to reach significant value over the forecast period (2025-2033). This growth is fueled by several key drivers, including increasing inbound tourism—particularly from regional Southeast Asian countries and China— coupled with the expansion of business travel and the rise of domestic leisure tourism. The government's initiatives to promote tourism and improve infrastructure further bolster the sector's positive trajectory. The industry segments itself across various types (chain vs. independent hotels) and price points (budget, mid-scale, luxury, and service apartments), catering to a broad spectrum of traveler needs and budgets. While precise market sizing for Malaysia is missing from the provided data, a reasonable estimate can be derived considering the region's strong tourism sector and economic growth. Assuming a current (2025) market value of approximately $5 billion USD (a conservative figure given regional peers), the CAGR would project substantial growth over the forecast period. Competitive pressures exist within this expanding market. Established international players like Marriott, Hilton, and Accor compete alongside regional chains like Genting and Sunway, as well as independent hotels and boutique establishments. Success will likely depend on factors such as strategic location, brand recognition, superior service quality, innovative offerings, and adapting to evolving traveller preferences (e.g., sustainable tourism practices and technological integration). The ongoing global economic climate and potential unforeseen events naturally present potential restraints. Nevertheless, the Malaysian hospitality industry demonstrates strong fundamentals for continued growth, attracting further investment and shaping the nation's economic landscape. Recent developments include: In June 2022, LE MERIDIEN Hotels & Resorts opened Le Meridien Petaling Jaya in Petaling Jaya featuring a mid-century modern design with European accents. This new hotel offers 300 stylish, modern rooms with unique dining options and exclusive hotel-guest events., In July 2021, American multinational hotel chain operator Marriott International, Inc announced its plan to open Fairfield Kuala Lumpur Jalan Pahang and Four Points by Sheraton Desaru (Johor).. Notable trends are: Smart Tourism in Malaysia to Offer Lucrative Growth Prospects.

Hotels and short-term accommodation providers in Europe enjoy strong demand due to the continent’s well-developed tourism sector and significant number of holiday destinations that cater to various consumer needs. European residents often holiday domestically or go on trips to other European countries due to how quick and easy it is to travel to them. Rising domestic and international tourism has fuelled accommodation demand across the continent, though companies have faced strong competition from short-term lets. Revenue is slated to inch downward at a compound annual rate of 0.1% over the five years through 2025 to €202.8 billion, including an expected 0.2% drop in 2025. Despite the numerous popular holiday spots spread across Europe, including Spain, Italy and France, hotels and other holiday accommodation providers weren’t prepared for the catastrophic drop in tourism caused by the COVID-19 pandemic in 2020. The easing of travel restrictions in 2021 and 2022 drove revenue back up, supported mostly by heightened domestic tourism due to heightened consumer confidence and a trend towards staycations. International travel recovered and drove up occupancy rates and RevPAR, especially in the upscale and luxury segments. Since 2022, though, severe inflation and heightened economic and geopolitical uncertainty have squeezed consumers’ budgets, limiting spending on holidays. European hotels and short-term accommodation providers face intense competition, putting pressure on prices and RevPAR. The popularity of online booking platforms like Airbnb has played a big part in increasing competitive pressures. To attract potential guests, accommodation providers are adopting dynamic pricing strategies and investing in enhancing the customer experience through innovation and differentiation. The use of advanced technology and the wellness tourism trend have shaped the industry’s focus. Nonetheless, intense competition and elevated operating costs like rent, purchases and wages have constrained profit. Revenue is forecast to swell at a compound annual rate of 2.5% over the five years through 2030 to €229.3 billion. A mounting number of international guests and strong demand for domestic holidays will drive growth. Climbing disposable income and wealthy international tourists flocking to European destinations is set to stimulate spending on upscale hotels and holiday accommodation. Regulatory crackdowns on short-term rentals in many European countries may ease competitive pressures, while escalating consumer demand for sustainable travel is driving providers to adapt. Innovation, sustainability and guest-centric strategies will be key to capturing market share and responding to evolving traveller expectations.

The UK commercial real estate hospitality market, characterized by a robust presence of major players like Premier Inn, InterContinental Hotels Group, and Accor SA, exhibits significant growth potential. The market's Compound Annual Growth Rate (CAGR) exceeding 4.00% from 2019-2033 signals a consistently expanding sector. Drivers include increasing domestic and international tourism, a growing preference for experiential travel, and the rise of boutique hotels and specialized accommodations catering to niche markets. Furthermore, strategic investments in property renovations and the development of sustainable practices are shaping the market landscape. While Brexit initially posed challenges, the market has demonstrated resilience, fueled by a rebound in leisure travel and the increasing popularity of staycations. The segmentation by property type—hotels and accommodations, spas and resorts, and other property types—reveals diverse investment opportunities. The concentration of major players, particularly in urban centers, points to a competitive yet profitable market with opportunities for both established firms and emerging businesses. The regional distribution of the market across the UK reveals variations in growth rates based on tourism patterns and economic conditions in each region. London, for instance, is expected to continue driving a significant portion of the market due to its high concentration of business and leisure travelers. However, regional growth in cities and smaller towns indicates a broader distribution of market opportunities. The forecast period (2025-2033) anticipates continued expansion, driven by ongoing investments in hospitality infrastructure, evolving consumer preferences, and technological advancements within the sector. Potential restraints include economic fluctuations, global events impacting tourism, and competition within the market. Nevertheless, the overall outlook remains positive, indicating strong potential for long-term growth and profitability in the UK commercial real estate hospitality sector. Recent developments include: November 2022: InterContinental Hotels & Resorts announces the launch of 10 exclusive non-fungible tokens (NFTs) in collaboration with British contemporary artist Claire Luxton. A joint first for both, each NFT is inspired by the beauty of global travel using the natural flora and fauna signature of the artist's work to illustrate the brand's storied heritage and far-flung destinations., August 2022: Travelodge opens its first budget luxe hotel in Hexham and announces its North East hotel expansion program. Hexham Travelodge is the second hotel the group has opened in the North East region within the last seven months. In December 2021, the hotel chain opened the first budget hotel at Europe's biggest business park, Newcastle Cobalt Business Park.. Notable trends are: The Budget Friendly Hotel is Making a Way for Branded, Independent Midscale, and Upscale Hotels.

Hotels and short-term accommodation providers in Europe enjoy strong demand due to the continent’s well-developed tourism sector and significant number of holiday destinations that cater to various consumer needs. European residents often holiday domestically or go on trips to other European countries due to how quick and easy it is to travel to them. Rising domestic and international tourism has fuelled accommodation demand across the continent, though companies have faced strong competition from short-term lets. Revenue is slated to inch downward at a compound annual rate of 0.1% over the five years through 2025 to €202.8 billion, including an expected 0.2% drop in 2025. Despite the numerous popular holiday spots spread across Europe, including Spain, Italy and France, hotels and other holiday accommodation providers weren’t prepared for the catastrophic drop in tourism caused by the COVID-19 pandemic in 2020. The easing of travel restrictions in 2021 and 2022 drove revenue back up, supported mostly by heightened domestic tourism due to heightened consumer confidence and a trend towards staycations. International travel recovered and drove up occupancy rates and RevPAR, especially in the upscale and luxury segments. Since 2022, though, severe inflation and heightened economic and geopolitical uncertainty have squeezed consumers’ budgets, limiting spending on holidays. European hotels and short-term accommodation providers face intense competition, putting pressure on prices and RevPAR. The popularity of online booking platforms like Airbnb has played a big part in increasing competitive pressures. To attract potential guests, accommodation providers are adopting dynamic pricing strategies and investing in enhancing the customer experience through innovation and differentiation. The use of advanced technology and the wellness tourism trend have shaped the industry’s focus. Nonetheless, intense competition and elevated operating costs like rent, purchases and wages have constrained profit. Revenue is forecast to swell at a compound annual rate of 2.5% over the five years through 2030 to €229.3 billion. A mounting number of international guests and strong demand for domestic holidays will drive growth. Climbing disposable income and wealthy international tourists flocking to European destinations is set to stimulate spending on upscale hotels and holiday accommodation. Regulatory crackdowns on short-term rentals in many European countries may ease competitive pressures, while escalating consumer demand for sustainable travel is driving providers to adapt. Innovation, sustainability and guest-centric strategies will be key to capturing market share and responding to evolving traveller expectations.

Performance in the Hotels industry is shaped by a mix of domestic tourism, robust inbound international travel and evolving consumer preferences. London, in particular, remains one of the most visited cities in Europe, while regional hotels draw in plenty of domestic travellers. Adverse economic conditions, including the COVID-19 pandemic and inflationary pressures, have caused volatility in industry revenue. Intense competition and changing guest expectations around value, experience and sustainability are having a profound impact on operations. Industry revenue is expected to soar at a compound annual rate of 16% over the five years through 2025-26 to reach £27.5 billion, despite a slight 0.3% dip in 2025-26. Expanding domestic and international tourism after the removal of COVID-19 restrictions fuelled a recovery in revenue and profit for hotels. However, the boom in staycations noted during the three years through 2023-24 has dissipated amid poor weather and lingering financial challenges, weakening occupancy rates and revenue over the two years through 2025-26. Nonetheless, growth in inbound visits has continued, providing opportunities for hotels targeting international consumers. The popularity of short-term rentals, including listings on Airbnb, Vrbo and Booking, is luring consumers away from hotels and forcing them to continually improve services. The digital revolution is transforming the industry's operations, with online travel agents allowing independent hotels to target a broader customer base and boost bookings, but also imposing commissions. These competitive pressures, combined with mounting operating costs amid inflationary pressures and labour challenges, have weighed on the average profit margin. The hikes in National Living Wage and the employer National Insurance contributions are hurting hotels in 2025-26. Hotels’ revenue is forecast to expand at a compound annual rate of 3.3% over the five years through 2030-31 to £32.4 billion. Growing tourism numbers, particularly international visitors, and improving confidence and disposable incomes will drive revenue growth. VisitBritain forecasts a record 43.4 million inbound visits to the UK in 2025. Platforms like Airbnb will continue to threaten hotels, though potential new regulations on short-term rentals may weaken this. Hotels will invest in technology and facilities to meet growing consumer preferences and willingness to pay more for unique experiences, wellness and sustainability. Technology can also help make operations more efficient, reduce operating cost pressures and support profit. Yet, severe staff shortages and price pressures from short-term rentals and OTAs will constrain profit growth.

Hotels and short-term accommodation providers in Europe enjoy strong demand due to the continent’s well-developed tourism sector and significant number of holiday destinations that cater to various consumer needs. European residents often holiday domestically or go on trips to other European countries due to how quick and easy it is to travel to them. Rising domestic and international tourism has fuelled accommodation demand across the continent, though companies have faced strong competition from short-term lets. Revenue is slated to inch downward at a compound annual rate of 0.1% over the five years through 2025 to €202.8 billion, including an expected 0.2% drop in 2025. Despite the numerous popular holiday spots spread across Europe, including Spain, Italy and France, hotels and other holiday accommodation providers weren’t prepared for the catastrophic drop in tourism caused by the COVID-19 pandemic in 2020. The easing of travel restrictions in 2021 and 2022 drove revenue back up, supported mostly by heightened domestic tourism due to heightened consumer confidence and a trend towards staycations. International travel recovered and drove up occupancy rates and RevPAR, especially in the upscale and luxury segments. Since 2022, though, severe inflation and heightened economic and geopolitical uncertainty have squeezed consumers’ budgets, limiting spending on holidays. European hotels and short-term accommodation providers face intense competition, putting pressure on prices and RevPAR. The popularity of online booking platforms like Airbnb has played a big part in increasing competitive pressures. To attract potential guests, accommodation providers are adopting dynamic pricing strategies and investing in enhancing the customer experience through innovation and differentiation. The use of advanced technology and the wellness tourism trend have shaped the industry’s focus. Nonetheless, intense competition and elevated operating costs like rent, purchases and wages have constrained profit. Revenue is forecast to swell at a compound annual rate of 2.5% over the five years through 2030 to €229.3 billion. A mounting number of international guests and strong demand for domestic holidays will drive growth. Climbing disposable income and wealthy international tourists flocking to European destinations is set to stimulate spending on upscale hotels and holiday accommodation. Regulatory crackdowns on short-term rentals in many European countries may ease competitive pressures, while escalating consumer demand for sustainable travel is driving providers to adapt. Innovation, sustainability and guest-centric strategies will be key to capturing market share and responding to evolving traveller expectations.

In 2021, travel and tourism contributed nearly 3.2 percent to the Gross Domestic Product (GDP) of South Africa. The share declined notably from 6.4 percent in 2019, reflecting the impact of the coronavirus (COVID-19) pandemic on the sector.

Ghana GDP: 2006p: sa: GVA: Services: Hotel and Restaurants data was reported at 344.432 GHS mn in Mar 2018. This records a decrease from the previous number of 344.819 GHS mn for Dec 2017. Ghana GDP: 2006p: sa: GVA: Services: Hotel and Restaurants data is updated quarterly, averaging 271.000 GHS mn from Mar 2006 (Median) to Mar 2018, with 49 observations. The data reached an all-time high of 347.627 GHS mn in Sep 2014 and a record low of 190.000 GHS mn in Mar 2006. Ghana GDP: 2006p: sa: GVA: Services: Hotel and Restaurants data remains active status in CEIC and is reported by Ghana Statistical Service. The data is categorized under Global Database’s Ghana – Table GH.A020: SNA 1993: GDP: by Industry: 2006 Price: Seasonally Adjusted. Changed from SNA 1993 to SNA 2008 Rebased from 2006p to 2013p Replacement series ID: 409538867