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TwitterThe occupancy rate of hotels in the United States reached **** percent in 2022. This shows growth over the previous two years which were impacted by the coronavirus (COVID-19) pandemic. What is occupancy rate? Occupancy rate is a key performance indicator of the hospitality industry. It is calculated by the number of occupied rooms divided by the number of available rooms that are available in a hotel. Other useful KPI’s that are used in the lodging industry are the average daily rate (ADR) and revenue per available room (RevPAR).
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Key performance indicator: occupancy rate
The hotel occupancy rate is a key performance indicator in the hotel industry. It shows the percentage of rented rooms to the total amount of available hotel rooms. The average U.S. hotel occupancy rate for 2019 stood at roughly ** percent. Since 2009, the country’s occupancy rate has increased by over ** percent. Europe had an occupancy rate of roughly **** percent in 2019, making it the region with the highest global occupancy rate that year.
The guest
Based on a customer satisfaction score, which examines several key factors (e.g., hotel service, costs, food and beverage), Wyndham Grand Hotels and Hard Rock Hotel were ranked the best upper upscale hotel brands in North America as of March 2020. For the same period, Surestay Hotel by Best Western and Americas Best Value Inn were among North America’s highest-rated budget hotel brands.
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The extended stay hotels industry, due to trends spurred by remote work flexibility, has experienced minor growth over the past five years. With increased corporate profit and consumer expenditure, industry revenue rose at an estimated annualized 11.3%, reaching $19.6 billion over the five years to 2025. This includes a disruption in 2020 with a halt in international travel and a slump in consumer spending attributable to the pandemic. Nonetheless, a strong pre-pandemic recovery and an anticipated surge in leisure travel demand project a promising outlook for the industry, with projected revenue increase of 1.4% in 2025 alone. Over the past five years, the increasing presence of digital nomads who work remotely have fueled industry's growth. Simultaneously, leisure travel has also boded well with the industry as more corporate employees combine travel and work, extending their stay duration for vacations. Besides, extended stay hotels have continually attracted hotel proprietors and entrepreneurs due to their high occupancy rates and lower operational expenditure. As an outcome, there's been a sizable uptick in extended stay room availability, culminating in intensified competitive pricing. The industry's relatively lower operating expenses compared to typical hotels, stemming from factors like infrequent housekeeping service needs, afford a bolstered profit margin despite varying occupancy rates. Upscale extended stay hotels shall witness a potential boost in demand, courtesy of robust business travel and the anticipated resurgence of international travelers. Driven by these factors, industry revenue is projected to increase at a CAGR of 2.1%, hitting $21.7 billion by 2030.
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The US hospitality market, a significant segment of the global industry, is projected to experience robust growth over the forecast period (2025-2033). With a global market size of $235.96 billion in 2025 and a Compound Annual Growth Rate (CAGR) of 4.87%, the US market, representing a substantial portion of this global figure, is expected to follow a similar trajectory, driven by several key factors. Increased domestic and international tourism, fueled by economic growth and rising disposable incomes, is a primary driver. The burgeoning popularity of experiential travel and the growing demand for unique accommodations beyond traditional hotels, including service apartments and boutique hotels, are also contributing significantly. Furthermore, strategic investments in infrastructure and technological advancements in hospitality management systems are enhancing operational efficiency and guest experience, further bolstering market expansion. However, external factors such as economic downturns, geopolitical instability, and fluctuating fuel prices could potentially restrain growth. The market is highly segmented, with chain hotels maintaining a dominant share, alongside a significant presence of independent hotels catering to niche markets. Within the segmentation by type of accommodation, budget and economy hotels see strong growth driven by price-conscious travelers, while luxury hotels continue to attract high-spending clientele. Within the US context, the competitive landscape is fiercely contested, with major players like Marriott International, Hilton Worldwide, and Airbnb vying for market share. These established brands leverage their extensive networks, strong brand recognition, and loyalty programs to maintain dominance. However, the emergence of innovative hospitality models and the rise of online travel agencies (OTAs) continue to challenge the traditional market structure. The increasing preference for personalized experiences and sustainable tourism practices is impacting hotel operations and investment strategies. A successful future in the US hospitality market will hinge on adapting to evolving consumer preferences, incorporating technology effectively, and demonstrating a commitment to sustainability. The forecast period is likely to see further consolidation through mergers and acquisitions, alongside the entry of new players offering innovative services and accommodations. Therefore, understanding these dynamic market forces is crucial for investors and stakeholders to navigate the future of the US hospitality sector effectively. Recent developments include: September 2023: IHG Hotels & Resorts opened a new Holiday Inn property in South Philadelphia following a conversion and renovation. Located minutes from Philadelphia International Airport and within walking distance of the city’s primary sports and entertainment facilities complex (which includes Lincoln Financial Field, Citizens Bank Park, and Wells Fargo Center), Holiday Inn Philadelphia Airport Stadium Area delivers a convenient, comfortable, and welcoming experience appropriate for the “City of Brotherly Love.”, August 2023: Wyndham Hotels & Resorts and LuxUrban Hotels Inc., a leading hotel operator with a growing portfolio of nearly two dozen assets in key urban markets across the United States, announced a newly signed deal to bring 16 LuxUrban hotels, representing approximately 1,400 rooms, into the Trademark Collection by Wyndham brand.. Key drivers for this market are: Growing Tourism Increasing Demand for Hospitality Services, Consistent Demand for Business Travel and Corporate Hospitality Services. Potential restraints include: Growing Tourism Increasing Demand for Hospitality Services, Consistent Demand for Business Travel and Corporate Hospitality Services. Notable trends are: US Hotel Occupancy Soars, Fueled by Diverse Factors and Economic Uptick.
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The global hotel management market is experiencing robust growth, driven by the resurgence of global travel and tourism post-pandemic. Valued at USD 3.5 billion in 2021, the market is projected to reach over USD 7.25 billion by 2033, expanding at a CAGR of 6.275%. This growth is heavily influenced by the increasing adoption of technology, such as property management systems (PMS), AI, and IoT, which enhance operational efficiency and guest experiences. The Asia-Pacific region currently dominates the market landscape, attributed to its burgeoning tourism sector and rising disposable incomes. A significant trend shaping the industry is the growing demand for personalized services and sustainable, eco-friendly hotel operations. Key players are focusing on integrating cloud-based solutions and data analytics to gain a competitive edge in this dynamic market.
Key strategic insights from our comprehensive analysis reveal:
The Asia-Pacific region stands as the largest and fastest-growing market, commanding approximately 37% of the global market share in 2021 and projected to grow at a CAGR of 6.911%, driven by rapid economic development in countries like China and India.
Technological integration is the primary catalyst for market expansion. The shift from traditional on-premise systems to scalable, cloud-based SaaS models, coupled with AI for personalization and IoT for smart room controls, is revolutionizing hotel operations.
Mature markets like North America and Europe, while growing at a slower pace, remain significant contributors. Their growth is sustained by upgrading existing infrastructure with advanced technologies and a strong focus on enhancing guest experience and sustainable practices.
Global Market Overview & Dynamics of Hotel Management Market Analysis The global hotel management market is set on a significant upward trajectory, forecast to grow from USD 3,494.9 Million in 2021 to USD 7,254.52 Million by 2033, with a compound annual growth rate (CAGR) of 6.275%. This expansion is fueled by the worldwide recovery of the travel industry, a paradigm shift towards digitalization in hotel operations, and an increasing guest expectation for seamless, personalized experiences. The market dynamics are shaped by a blend of technological innovation, evolving consumer behavior, and the need for greater operational efficiency in a competitive landscape. Global Hotel Management Market Drivers
Increasing International Tourism and Business Travel: The global rebound in leisure and corporate travel post-pandemic has directly increased hotel occupancy rates, creating a strong demand for advanced management solutions to handle bookings, services, and operations efficiently.
Technological Advancements in Hospitality: The rapid adoption of Property Management Systems (PMS), artificial intelligence (AI), IoT devices, and data analytics is revolutionizing hotel management, enabling automation, personalized guest services, and data-driven decision-making.
Growing Demand for Enhanced Guest Experiences: Modern travelers expect personalized and seamless experiences. Hotels are investing in management software that can track guest preferences and automate services, thereby improving satisfaction, fostering loyalty, and driving revenue growth.
Global Hotel Management Market Trends
Rise of Cloud-Based and SaaS Solutions: Hotels are increasingly shifting from on-premise software to flexible, cost-effective, and scalable cloud-based PMS and Software-as-a-Service (SaaS) models, which allow for remote access, easy integration, and continuous updates.
Focus on Sustainability and Eco-Friendly Practices: There is a growing trend among travelers to favor environmentally responsible accommodations. This pushes hotels to adopt green management practices and technologies that monitor and reduce energy consumption and waste.
Integration of Contactless Technology: Spurred by health and safety concerns, the trend towards contactless services—including mobile check-in/out, keyless room entry, and contactless payments—is becoming a standard, requiring integration with core management systems.
Global Hotel Management Market Restraints
High Initial Implementation and Maintenance Costs: The significant upfront investment required for advanced hotel management hardware and software, along with ongoing maintenance and training costs, can be a major barrier, particularly for independent and smaller hotels....
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U.S. hotel industry key performance indicators
To measure the performance of the hotel industry sector three basic benchmark figures are commonly used:
• Occupancy rate
• Average daily rate (ADR)
• Revenue per available room (RevPAR)
The occupancy rate denotes the percentage of hotel rooms that are rented out at a given time of all the hotel rooms that are available. In 2018, the average occupancy rate of the U.S. hospitality industry was at **** percent, this was the highest seen since 2001.
The average daily rate (ADR) shows the average rate at which hotel rooms were paid. It is calculated by dividing total rooms revenue by the number of rooms that were occupied. In 2018, the average ADR of hotel rooms in the U.S. reached ****** U.S. dollars. In the Americas region, the average daily rate was relatively stable throughout the year.
Revenue per available room (RevPAR) is a measure of utilization in the hotel industry and can be calculated by multiplying the average daily rate of a property (market) by its occupancy rate. The average RevPAR of hotels in the United States was ***** U.S. dollars in 2018.
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North America Hotel Revenue Management Systems market size was USD 6741.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 11589.4 Million by 2031. This growth is mainly attributed to high adoption of advanced technologies, including AI and data analytics, by the hospitality sector to optimize pricing and occupancy rates.
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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 United States Hotels Market Analytics to 2020: 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 for the period 2011 to 2015 and forecast to 2020. Furthermore, the report also details out Room Occupancy Rate (percentage of available rooms sold during a given period), Rooms Nights Available and Occupied, Revenue per Room by Hotel Category for the period 2011 to 2020 along with Total Revenues by Hotel Category & Customer Type. The report acts as an essential tool for companies active or plans to venture in to the United States' Hotels business. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting. This is an on-demand report and will be delivered within 2 working days (excluding weekends) of the purchase. Read More
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According to our latest research, the Global Pick‑Your‑Room Technology for Hotels market size was valued at $1.2 billion in 2024 and is projected to reach $6.8 billion by 2033, expanding at a robust CAGR of 21.7% during the forecast period of 2025 to 2033. This impressive growth trajectory is primarily fueled by the accelerating digital transformation within the hospitality sector, as hotels seek to differentiate their guest experiences and drive higher occupancy rates through advanced personalization technologies. The increasing consumer demand for autonomy and transparency in the hotel booking process, coupled with the proliferation of mobile and cloud-based solutions, is catalyzing the widespread adoption of pick-your-room technology across various hotel categories worldwide.
North America currently commands the largest share of the global Pick‑Your‑Room Technology for Hotels market, accounting for over 38% of total revenues in 2024. The region’s dominance can be attributed to its mature hospitality industry, high digital literacy among travelers, and the early adoption of innovative guest-facing technologies. Major hotel chains in the United States and Canada have aggressively implemented pick-your-room solutions to enhance guest satisfaction and loyalty, leveraging advanced integrations with property management and revenue optimization systems. Additionally, favorable regulatory frameworks and a strong presence of leading technology vendors have facilitated seamless deployment and scaling of these solutions in North America, further consolidating its leadership position.
In contrast, Asia Pacific is projected to be the fastest-growing region, with a forecasted CAGR exceeding 25% from 2025 to 2033. This remarkable growth is underpinned by rapid urbanization, a burgeoning middle class, and the exponential rise of digital travel platforms in markets such as China, India, Southeast Asia, and Australia. The increasing influx of international tourists, coupled with the region’s appetite for mobile-first experiences, is prompting both established hotel groups and independent operators to invest heavily in pick-your-room technology. Strategic partnerships between technology providers and local hotel brands, as well as government initiatives to boost tourism infrastructure, are further accelerating market penetration across the Asia Pacific region.
Emerging economies in Latin America and the Middle East & Africa represent nascent but promising markets for pick-your-room technology. While adoption rates remain modest due to infrastructural limitations and budget constraints among smaller hotels, a growing focus on hospitality modernization and digital guest engagement is gradually driving interest. Localized demand for personalized experiences, coupled with supportive tourism policies and foreign investments in luxury and boutique hotel segments, are expected to unlock new growth avenues. However, challenges such as limited internet penetration, fragmented hotel ownership structures, and regulatory complexities may temper the pace of adoption in these regions compared to more mature markets.
| Attributes | Details |
| Report Title | Pick‑Your‑Room Technology for Hotels Market Research Report 2033 |
| By Component | Software, Services |
| By Deployment Mode | On-Premises, Cloud-Based |
| By Hotel Type | Luxury Hotels, Mid-Range Hotels, Budget Hotels, Resorts, Boutique Hotels |
| By Application | Room Selection, Guest Experience Enhancement, Revenue Management, Marketing & Promotions, Others |
| By End-User | Hotel Chains, Independent Hotels |
| <b&g |
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The Complete Lodging Dataset provides a full-market view of the global accommodation landscape by integrating data from hotel reservation systems, Online Travel Agencies (OTAs), and directly connected property management systems. It includes verified property identifiers, occupancy rates, ADR, RevPAR, pricing trends, and physical attributes across both traditional hotel inventory and short-term rental supply. Sourced from real booking and reservation data and refined through proprietary normalization processes, this dataset ensures consistency and accuracy across all lodging types. Updated on a frequent cadence, it enables robust benchmarking, forecasting, and investment analysis across countries, cities, and submarkets.
Key Highlights: Extensive Global Coverage: More than 7 million verified hotel and short-term rental properties across 200+ countries.
Unified Market View: Combines professional rental data, OTA listings, and hotel system performance for complete supply visibility.
Comprehensive Metrics: Includes occupancy, ADR, RevPAR, booking patterns, and property-level attributes.
Standardized Data Structure: Harmonized schema for cross-market and cross-segment analysis.
Flexible Delivery: Available via secure API or downloadable datasets with customizable geography and temporal depth.
Use It To: Analyze total lodging supply and demand across regions and property types.
Benchmark market performance between hotels and short-term rentals.
Support tourism, development, and investment strategies with unified lodging insights.
Integrate verified, cross-channel performance data into valuation, forecasting, and economic models.
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Capsule Hotel Market Size 2024-2028
The capsule hotel market size is forecast to increase by USD 50.3 million at a CAGR of 10.03% between 2023 and 2028.
The market is experiencing significant growth due to several key factors. The increasing disposable income of travelers, particularly in Asia Pacific, is driving demand for affordable yet comfortable lodging options. Moreover, the expansion of the global travel and tourism industry is fueling the growth of this market. However, the negative impacts of the pandemic on the hospitality industry have presented challenges, leading to temporary closures and reduced occupancy rates. However, concerns like claustrophobia and large luggage may pose challenges to the market. Despite these hurdles, the market is expected to recover and continue its growth trajectory as travel restrictions ease and consumer confidence returns. The capsule hotel concept offers a unique and cost-effective solution for budget-conscious travelers, making it an attractive investment opportunity for industry players.
What will be the Size of the Capsule Hotel Market During the Forecast Period?
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The market, also known as pod hotels or sleeping cabins, offers cost-effective lodging solutions for solo travelers and office workers. These vertical or horizontal structures provide compact, individual living spaces equipped with essential amenities such as a pillow, locker facility, alarm clock, and charging socket. Common washroom facilities are shared among guests, ensuring efficiency and affordability. The market caters to both tourists and local residents, particularly those in need of hourly accommodations near train stations or tourist areas. The trend toward simple, minimalist accommodations has gained popularity among Generation Y and international travelers seeking unique experiences. Capsule hotels come in various designs, including wooden and metallic structures, and can be found in numerous locations worldwide. The market continues to grow, driven by increasing demand for affordable lodging options In the tourism sector.
How is this Capsule Hotel Industry segmented and which is the largest segment?
The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Mode Of Booking
Offline booking
Online booking
Geography
APAC
China
Japan
North America
US
Europe
Germany
UK
South America
Middle East and Africa
By Mode Of Booking Insights
The offline booking segment is estimated to witness significant growth during the forecast period.
Capsule hotels offer hourly basis accommodation for solo travelers and groups, providing a cost-effective lodging solution for budget-conscious tourists and office workers. These vertical and horizontal structures come in both wooden and metallic designs, catering to the preferences of Generation Y travelers. Operators in the lodging industry have capitalized on the demand for flexible booking options, keyless entry systems, and smartphone apps, allowing travelers to easily reserve hourly rates for shared bathroom facilities.
Capsule hotels are particularly popular among tourists facing flight delays or long layovers, as well as students on international trips. The compact design of these simple accommodations allows for efficient use of real estate, making them an attractive option for the tourism sector. However, some travelers may find the claustrophobic nature of these small spaces a deterrent. Despite this, the budget accommodation segment continues to thrive, with operators offering hourly accommodations near train stations and other transportation hubs to cater to the needs of the traveling public.
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The Offline booking segment was valued at USD 49.70 million in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 41% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The Asia Pacific (APAC) region dominates the market, driven by the rising disposable income of the middle class and the growing preference for affordable accommodations among millennials. The region's economic growth, particularly in countries like Japan, China, and India, has led to an increase in the number of budget-conscious travelers, including backpackers, solo adventurers, and business travelers. These travelers seek cost-effective lodging solutions, such as ca
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According to Cognitive Market Research, the global mid range hotel market size is USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 6.00% from 2023 to 2030
The demand for mid range hotel market is rising due to therise of online booking platforms and travel websites has greatly enhanced the prominence of mid-range hotels.
Demand for one double bed remains higher in the mid-range hotel market.
The online booking category held the highest mid-range hotel market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific mid-range hotel market will experience the strongest growth until 2030.
Market Dynamics of MID Range Hotel Market
Key Drivers of MID Range Hotel Market
Enhanced Guest Experience and Amenities to Provide Viable Market Output
The mid-range hotel market is the constant focus on enhancing the guest experience. Mid-range hotels are increasingly investing in amenities and services that appeal to a wide range of travelers, including families, business professionals, and tourists. These hotels are incorporating modern technology, such as mobile check-in services and high-speed Wi-Fi, to cater to the needs of tech-savvy guests.
In January 2023, Marriott revealed the inauguration of the first-ever Westin Hotels and Resorts establishment in Uttarakhand, India. The Westin Resort and Spa, Himalayas, is now open for business.
Additionally, they are expanding their offerings to include on-site restaurants, fitness centers, conference facilities, and recreational activities. By providing a diverse array of services, mid-range hotels create a compelling value proposition for guests, ensuring customer satisfaction and loyalty. This focus on guest experience drives positive reviews, repeat business, and positive word-of-mouth referrals, contributing significantly to the growth of the mid-range hotel sector.
Strategic Location and Accessibility to Propel Market Growth
The strategic location of mid-range hotels plays a pivotal role in driving their success. These hotels are often situated in prime areas, offering easy accessibility to popular tourist attractions, business districts, transportation hubs, and entertainment venues. Their convenient locations make them an attractive choice for travelers seeking both comfort and accessibility. Mid-range hotels frequently capitalize on their proximity to key points of interest, allowing guests to explore the local culture and attractions effortlessly. Moreover, their accessibility to public transportation options and major highways makes them convenient choices for travelers, ensuring a steady flow of guests throughout the year.
Restraint Factors of Mid Range Hotel Market
Rising Economic Fluctuations to Hinder Market Growth
The mid-range hotel market is its sensitivity to economic fluctuations. During periods of economic uncertainty, consumers tend to reduce their travel budgets, opting for more budget-friendly accommodation options or cutting down on travel altogether. Mid-range hotels often find themselves in a precarious position, as they need to balance providing quality services with competitive pricing. Economic downturns can lead to reduced occupancy rates and lower average room prices, impacting the overall revenue of mid-range hotels. Additionally, these hotels face pressure from both ends: the need to maintain a certain level of service quality to attract guests and the necessity to keep prices affordable.
Pressure from Alternative Accommodation Platforms
One of the key restraints impacting the mid-range hotel market is the growing competition from alternative accommodation providers, such as Airbnb, Vrbo, and other short-term rental platforms. These alternatives often offer larger spaces, home-like amenities, and flexible pricing, which can be more appealing to families, groups, and long-stay travelers. Many travelers now prefer the personalized, local experience that these platforms promote something mid-range hotels may struggle to replicate within their standardized service models. As consumer preferences shift toward more authentic and cost-effective lodging options, mid-range hotels face the challenge of redefining their value proposition to retain market share, especially in leisure-driven travel segments.
Opportunity for mid range hotel market
Rising Demand for Affordable Yet Comfortable Travel Options is C...
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Graph and download economic data for All Employees: Accommodation: Casino Hotels in Las Vegas-Henderson-Paradise, NV (MSA) (SMU32298207072112001A) from 1990 to 2024 about casino, hotel, Las Vegas, accommodation, NV, employment, and USA.
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Hospitality Real Estate Market Size 2025-2029
The hospitality real estate market size is forecast to increase by USD 148.3 billion, at a CAGR of 15.1% between 2024 and 2029.
The market is experiencing significant shifts, driven by the increasing prevalence of quick-service restaurants and the adoption of technology in the industry. The proliferation of quick-service restaurants signifies a growing demand for flexible and cost-effective real estate solutions, as these businesses often require smaller footprints and lower overhead costs compared to traditional full-service restaurants. Meanwhile, technological advancements are revolutionizing the real estate sector, enabling more efficient property management, improved customer experiences, and enhanced data analysis. However, the market faces challenges, including uncertain macroeconomic conditions that can impact investment decisions and the overall economic health of the hospitality industry.
These challenges necessitate strategic planning and adaptability from industry players, as they navigate the evolving market landscape. Companies seeking to capitalize on opportunities and mitigate risks must stay informed of these trends and be prepared to respond effectively to the dynamic market conditions.
What will be the Size of the Hospitality Real Estate Market during the forecast period?
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The market continues to evolve, with dynamic market dynamics shaping various sectors. Guest service technologies and hotel management systems are increasingly integrated to enhance customer satisfaction and streamline operations. Regulations and property valuation play crucial roles in hotel financing, while smart room technology , hospitatlity robots and high-speed internet are essential for attracting guests. Interior design and sustainable building practices are key considerations for construction management, as digital marketing and social media engagement drive demand. Hotel ratings and branding strategies are shaped by reputation management and yield management strategies. Energy efficiency and concierge services are essential hotel amenities, with public relations and sales and reservations systems optimized for seamless guest experiences.
Guest feedback and staff training are integral to risk management and hotel operations, while occupancy rate and due diligence are crucial for effective revenue management. Hotel construction and site selection are influenced by zoning laws and building codes, with meeting rooms, banquet facilities, fitness centers, and spa services adding value to properties. Lease agreements and building permits are essential for property management, while wi-fi networks and meeting room technology support productivity and convenience. Security systems and accessibility standards ensure guest safety and compliance, with revenue management software and loyalty programs driving repeat business. Digital Signage and supply chain management optimize operational efficiency, while inventory management and employee scheduling systems support effective hotel operations.
How is this Hospitality Real Estate Industry segmented?
The hospitality real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Full service restaurants
Quick service establishments
Catering services
Type
Hotels and accommodation
Spas and resorts
Other services
Sector
Owned and operated
Franchised properties
Real estate investment trusts
Management contracts
End-User
Business Travelers
Leisure Travelers
Event Organizers
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
APAC
China
India
Japan
South America
Brazil
Rest of World (ROW)
By Application Insights
The full service restaurants segment is estimated to witness significant growth during the forecast period.
The hospitality industry continues to evolve, with guest service technologies and hotel management systems playing a pivotal role in enhancing customer satisfaction. Hotel regulations ensure safety and compliance, while property valuation and hotel financing facilitate growth. Smart room technology, high-speed internet, and digital marketing are essential amenities for modern travelers. Sustainable building practices and interior design are key trends, with a focus on energy efficiency and accessibility standards. Maintenance and repair, supply chain management, and wi-fi networks ensure smooth hotel operations. Lease agreements, hotel ratings, and revenue management
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The Complete Lodging Dataset provides a full-market view of the global accommodation landscape by integrating data from hotel reservation systems, Online Travel Agencies (OTAs), and directly connected property management systems. It includes verified property identifiers, occupancy rates, ADR, RevPAR, pricing trends, and physical attributes across both traditional hotel inventory and short-term rental supply. Sourced from real booking and reservation data and refined through proprietary normalization processes, this dataset ensures consistency and accuracy across all lodging types. Updated on a frequent cadence, it enables robust benchmarking, forecasting, and investment analysis across countries, cities, and submarkets.
Key Highlights: Extensive Global Coverage: More than 7 million verified hotel and short-term rental properties across 200+ countries.
Unified Market View: Combines professional rental data, OTA listings, and hotel system performance for complete supply visibility.
Comprehensive Metrics: Includes occupancy, ADR, RevPAR, booking patterns, and property-level attributes.
Standardized Data Structure: Harmonized schema for cross-market and cross-segment analysis.
Flexible Delivery: Available via secure API or downloadable datasets with customizable geography and temporal depth.
Use It To: Analyze total lodging supply and demand across regions and property types.
Benchmark market performance between hotels and short-term rentals.
Support tourism, development, and investment strategies with unified lodging insights.
Integrate verified, cross-channel performance data into valuation, forecasting, and economic models.
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 1984.4(USD Million) |
| MARKET SIZE 2025 | 2071.7(USD Million) |
| MARKET SIZE 2035 | 3200.0(USD Million) |
| SEGMENTS COVERED | Pillow Type, Fill Material, Size, Application, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | Increasing hotel occupancy rates, Growing demand for premium bedding, Rise in online travel bookings, Sustainability trends in hospitality, Customization and personalization preferences |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Leggett & Platt Incorporated, Hollander Sleep Products, IKEA, Wendre, Ashley Furniture, Pacific Coast Feather Company, Manufacturers' Mattress, MyPillow, Malouf Fine Linens, Sleep Number Corporation, Tempur Sealy International, Simmons, Sealy |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Eco-friendly materials adoption, Customizable pillow options, Luxury hotel collaborations, Smart pillow technology integration, Wellness-focused pillow designs |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.4% (2025 - 2035) |
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 13.1(USD Billion) |
| MARKET SIZE 2025 | 13.5(USD Billion) |
| MARKET SIZE 2035 | 18.5(USD Billion) |
| SEGMENTS COVERED | Service Type, End Use, Cleaning Method, Frequency of Service, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | rising hotel occupancy rates, increasing focus on hygiene, growth of sustainable practices, technological advancements in cleaning, outsourcing cleaning services trends |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | HSS Hire, Compass Group, Cintas Corporation, ABM Industries, Ecolab, Marriott International, Mint Condition, GDI Integrated Facility Services, MaidPro, Stanley Steemer, The RitzCarlton Hotel Company, Aramark, Essendant, Sodexo, Diversified Maintenance, ISS A/S |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Sustainability-focused cleaning solutions, Technology integration for efficiency, Expansion in emerging markets, Health and safety compliance services, Customized cleaning packages for hotels |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.2% (2025 - 2035) |
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TwitterThe occupancy rate of hotels in the United States reached ** percent in October 2024. This shows a slight increase when compared to the previous year. The low occupancy rate during 2020 was due to the impact of the coronavirus (COVID-19) pandemic on the hotel industry.