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 4.7 trillion U.S. dollars and was forecast to grow to around 5.5 trillion U.S. dollars in 2024.

The Report Covers US Hospitality Industry Trends, Overview and the Market is Segmented by Type (Chain Hotels and Independent Hotels) and Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, and Luxury Hotels)

The United States' Bureau of Labor Statistics accounted for 16.82 million people working in the hospitality and leisure industry in the U.S. as of December 2023. This figure shows an increase over the previous year. Employment in the U.S. hospitality and leisure industry showed consistent growth since 2009, however, this changed in 2020 where there was a sharp decline due to the coronavirus (COVID-19) pandemic.

The Hospitality Market in the UK is Dynamic and Competitive, With A Mix of Domestic and International Brands in the Hotel and Restaurant Sectors. Despite Brexit Uncertainties, The Tourism Sector Saw Increased Investments in 2021, Particularly in London, Due To Rising Travel and Demand for New Accommodation. This Growth is Attracting Investors To Service Apartments, Shared Spaces, and Over 88 New Hotel Projects. Major Players in the Leisure and Entertainment Market Include Whitbread Group, Intercontinental Hotels Group, Travelodge, Accor SA, and Marriott International, Inc.

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, 50 percent, stated that customer data analytics were very important to the business success of their company. Meanwhile, only one percent of respondents stated that customer data analytics were not important at all.

The Canada Hospitality Industry Report is Segmented by Type (Chain Hotels and Independent Hotels) and Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, And Luxury Hotels). The Report Offers Market Size and Forecast for the Canada Hospitality Market in Value (USD Billion) for all the Above Segments.

This statistic shows the global hotel industry market size from 2014 to 2018. The retail value of the global hotel industry was 600.49 billion U.S. dollars in 2018.

Global hotel industry - additional information

The global hotel industry comes under the umbrella of the travel and tourism industry, an industry which contributed 8.81 trillion U.S. dollars to the global economy in 2018. Travelers who are on the road for more than a day need a place to sleep and rest - there are various types of lodging across the world to accommodate for this.

The global occupancy rate (the share of total rooms available which are occupied or rented at a given time) of hotels in most regions increased over the previous five years. Europe had the highest occupancy rate in 2018 at 72.4 percent, closely followed by the Asia Pacific region with 70.6 percent. In the same year, the Middle East and Africa were the most expensive region for hotels with an average daily rate of 140.97 U.S. dollars. The cheapest region for the last five years was Asia Pacific.

Success.ai’s Tourism Data for the Global Hospitality Sector offers a robust and reliable dataset tailored for businesses aiming to connect with professionals and organizations in the global tourism and hospitality industry. Covering roles such as hotel managers, travel consultants, tour operators, and decision-makers, this dataset provides verified profiles, business insights, and actionable data.

With access to over 700 million verified profiles globally, Success.ai ensures your marketing, outreach, and strategic initiatives are powered by accurate, continuously updated, and AI-validated data. Backed by our Best Price Guarantee, this solution is ideal for thriving in the competitive and dynamic global hospitality market.

Why Choose Success.ai’s Tourism Data?

1. Verified Profiles for Precision Outreach

   • Access verified business locations, employee counts, work emails, and decision-maker profiles in the global tourism and hospitality sector.
   • AI-driven validation ensures 99% accuracy, enhancing engagement and reducing inefficiencies in communication.

2. Comprehensive Global Coverage

   • Includes hospitality professionals and businesses from top tourism hubs such as North America, Europe, Asia-Pacific, the Middle East, and Africa.
   • Gain insights into regional hospitality trends, customer preferences, and emerging tourism markets.

3. Continuously Updated Datasets

   • Real-time updates ensure the accuracy of professional profiles, business expansions, and organizational changes.
   • Stay ahead of industry trends to capitalize on new opportunities in the hospitality sector.

4. Ethical and Compliant

   • Fully adheres to GDPR, CCPA, and other global data privacy regulations, ensuring responsible and lawful data usage.

Data Highlights:

• 700M+ Verified Global Profiles: Access tourism and hospitality data for professionals and organizations worldwide.
• Verified Contact Details: Gain work emails, phone numbers, and decision-maker profiles for targeted engagement.
• Business Insights: Understand employee counts, geographic locations, and operational details of hospitality businesses.
• Leadership Profiles: Connect with hotel executives, travel agency leaders, and tour company managers driving the global tourism sector.

Key Features of the Dataset:

1. Comprehensive Hospitality Profiles

   • Identify and connect with key players in hotels, resorts, travel agencies, and tour operators worldwide.
   • Target professionals managing operations, customer experience, and business strategy in the tourism industry.

2. Advanced Filters for Precision Campaigns

   • Filter businesses and professionals by location, industry focus (hotels, travel agencies, tour operators), or job roles.
   • Tailor campaigns to align with specific needs, such as marketing strategies, software adoption, or customer engagement.

3. Regional and Industry-specific Insights

   • Leverage data on global tourism trends, customer preferences, and market growth in hospitality.
   • Refine strategies to align with specific geographic or sector-specific opportunities.

4. AI-Driven Enrichment

   • Profiles enriched with actionable data allow for personalized messaging, highlight unique value propositions, and improve engagement outcomes.

Strategic Use Cases:

1. Marketing Campaigns and Outreach

   • Promote travel solutions, hospitality software, or customer engagement tools to professionals in the tourism sector.
   • Use verified contact data for multi-channel outreach, including email, phone, and digital campaigns.

2. Partnership Development and Collaboration

   • Build relationships with travel agencies, hotel chains, and tour operators exploring strategic alliances.
   • Foster collaborations that enhance customer experiences, expand market reach, or improve operational efficiencies.

3. Market Research and Competitive Analysis

   • Analyze global tourism trends, hospitality demands, and emerging markets to refine strategies.
   • Benchmark against competitors to identify growth opportunities and high-demand solutions.

4. Recruitment and Workforce Optimization

   • Target HR professionals and hiring managers recruiting for hospitality roles, from hotel managers to travel consultants.
   • Provide workforce management platforms or training solutions tailored to the hospitality industry.

Why Choose Success.ai?

1. Best Price Guarantee

   • Access premium-quality tourism and hospitality data at competitive prices, ensuring strong ROI for your marketing, sales, and strategic initiatives.

2. Seamless Integration

   • Integrate verified data into CRM systems, analytics tools, or marketing platforms via APIs or downloadable formats, enhancing productivity and simplifying workflows.

3. Data Accuracy with AI Validation

   • Rely on 99% accuracy to guide data-driven decisions, refine targeting, and imp...

Explore the Hospitality Market trends! Covers key players, growth rate 6.1% CAGR, market size $7239.02 Billion, and forecasts to 2034. Get insights now!

The Report Covers Hospitality Companies in Singapore and the Market Segmented by Type (chain Hotels and Independent Hotels) and by Segment (service Apartments, Budget, and Economy Hotels, Mid and Upper Mid-Scale Hotels, and Luxury Hotels). The Market Size and Forecasts for the Hospitality Industry in Singapore are Provided in Terms of Value (USD) for all the Above Segments.

In 2028, the revenue of the hospitality industry in Saudi Arabia was forecasted to be the highest among GCC countries, exceeding 33 billion U.S. dollars. In 2023, the revenue of the hospitality industry in Saudi Arabia was more than 23 billion U.S. dollars.

The Hospitality Market in India is Experiencing Growth Due To the Country's Rich Culture and Diversity, Attracting Global Guests. The Service Sector, Known for Spiritual Tourism, Has Seen A Rise in Domestic Travel, Driven by A Growing Middle Class and Increased Disposable Income. Innovations in Accommodation Like Airbnb and Oyo Rooms Offer Cost-Effective Stays, While the Government Develops Ports As Cruise Tourism Hubs, Providing Hotel Services, Retail, and Restaurants. The Hotel Industry is Expanding With New Projects From International Chains, Driven by Increased Travel and Government Efforts To Boost Tourism.

[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

The report covers Tourism and Hospitality Industry in Malaysia and is segmented by Type (Chain Hotels and Independent Hotels), and by Segment (Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, Luxury Hotels, and Service Apartments). The report offers market size and forecasts for the hospitality industry in Malaysia market in value (USD billion) for all the above segments.

Graph and download economic data for Producer Price Index by Industry: Hotels and Motels, Except Casino Hotels (PCU721110721110) from Dec 2003 to Feb 2025 about casino, hotel, PPI, industry, inflation, price index, indexes, price, and USA.

The Report Covers Top Hospitality Companies in UAE and the Market is Segmented by Type (Chain Hotels and Independent Hotels) and by Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid Scale Hotels, and Luxury Hotels).

Graph and download economic data for Employment Cost Index: Total compensation for Private industry workers in Leisure and hospitality (CIU2017000000000I) from Q1 2001 to Q4 2024 about leisure, hospitality, ECI, compensation, workers, private industries, private, industry, and USA.

In 2023, the number of employees working in the hospitality industry in Japan amounted to approximately 5.17 million. The hospitality industry is comprised of the lodging industry, the restaurant industry, and the take-away and food delivery sector.

Graph and download economic data for Producer Price Index by Industry: Hotels and Motels, Except Casino Hotels: Hotel and Motel Food and Nonalcoholic Beverage and Related Services (PCU721110721110201) from Dec 2003 to Feb 2025 about casino, non-alcoholic, hotel, beverages, food, services, PPI, industry, inflation, price index, indexes, price, and USA.

The Report Covers South Africa Hospitality Industry Statistics and is segmented by Type (Chain Hotels and Independent Hotels) and by Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid Scale Hotels, and Luxury Hotels). The report offers market size and forecasts for Hospitality Industry in South Africa in value (USD million) for all the above segments.