Hotel And Other Travel Accommodation Market | Increasing Demand | Growth Outlook | Segmentation | Geographic Analysis | Forecast To 2025 | Marriott International, Hilton Worldwide

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The global hotel and other travel accommodation market is expected to grow from $673.02 billion in 2020 to $801.9 billion in 2021 at a compound annual growth rate (CAGR) of 19.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1052.84 billion in 2025 at a CAGR of 7%.

The Business Research Company offers “Hotel And Other Travel Accommodation Global Market Report 2021 “ in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The hotel and other travel accommodation market consists of sales of short-term lodging services and related goods in facilities known as hotels, motor hotels, resort hotels, and motels by entities (organizations, sole traders or partnerships) that provide short-term lodging services and related goods in facilities known as hotels, motor hotels, resort hotels, and motels. The establishments in this industry may offer food and beverage services, recreational services, conference rooms, convention services, laundry services, parking, and other services. The hotel and other travel accommodation market is segmented into hotel and motel; casino hotels; bed and breakfast accommodation and all other traveler accommodation.

Some of the key players involved in the hotel and other travel accommodation market are Marriott International, Hilton Worldwide, Wyndham Corporation, Hyatt Hotels Corporation, Four Seasons Hotels & Resorts

The countries covered in the global hotel and other travel accommodation market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global hotel and other travel accommodation market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Hotel And Other Travel Accommodation Market Segmentation:
1) By Type: Hotel And Motel, Casino Hotels, Bed And Breakfast Accommodation, All Other Traveler Accommodation
2) By Mode of Booking: Online Bookings, Direct Bookings, Others
3) By Application: Tourist Accomodation (Leisure), Official Business (Professional)
4) By Price Point: Economy, Mid-Range, Luxury
5) By Ownership: Chained, Standalone

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A Few Points From The Table Of Contents
1. Executive Summary
2. Report Structure
3. Hotel And Other Travel Accommodation Market Characteristics
4. Hotel And Other Travel Accommodation Market Product Analysis
5. Hotel And Other Travel Accommodation Market Supply Chain
……
20. Hotel And Other Travel Accommodation Market Competitive Landscape
21. Key Mergers And Acquisitions In The Hotel And Other Travel Accommodation Market
22. Market Background: Non-Residential Accommodation Services Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the hotel and other travel accommodation market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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