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Hotel And Other Travel Accommodation Market 2022-26 : Industry Analysis, Size, Share, Growth and Forecast

Hotel And Other Travel Accommodation

Hotel And Other Travel Accommodation

New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2022
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‘Hotel And Other Travel Accommodation Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The Hotel And Other Travel Accommodation market research report helps gain a truly global perspective of the hotel and other travel accommodation industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

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

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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 offer food and beverage services, recreational services, conference rooms, convention services, laundry services, parking, and other services.

Key competitors in the hotel and other travel accommodation market include Marriott International, MGM Resorts International, Rewe Group, Ctrip.Com International Ltd, Intercontinental, Hilton Worldwide Holdings, Accor Hotels, TUI Group, Shanghai Jin Jiang International Hotels (Group) Company Limited.

The global hotel and other travel accommodation market size is expected to grow from $645.44 billion in 2021 to $784.33 billion in 2022 at a compound annual growth rate (CAGR) of 21.5%. The growth in the hotel and other travel accommodation market 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 hotel and other travel accommodation market is expected to reach $1,349.43 billion in 2026 at a CAGR of 14.5%.

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TBRC’s report segments the global hotel and other travel accommodation market:
1) By Type: Hotel And Motel, 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

Read further on the Hotel And Other Travel Accommodation market here:
https://www.thebusinessresearchcompany.com/report/hotel-and-other-travel-accommodation-global-market-report

The Table of Contents includes:
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
.....
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

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