Press release
Global Hospitality Market Report 2022: Business Opportunities, Business Expansion, Sales Forecast And Top Leading Player Are Compass Group Plc, Starbucks, Sodexo, Marriott International, Aramark Corporation, McDonald's
The global hospitality market size is expected to grow from $3,952.87 billion in 2021 to $4,548.42 billion in 2022 at a compound annual growth rate (CAGR) of 15.1%. The growth in the hospitality 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 hospitality market is expected to reach $6,715.27 billion in 2026 at a CAGR of 10.2%.The Business Research Company offers the Hospitality Global Market Report 2022 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 global hospitality market size is expected to grow from $3,952.87 billion in 2021 to $4,548.42 billion in 2022 at a compound annual growth rate (CAGR) of 15.1%. The growth in the hospitality 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 hospitality market is expected to reach $6,715.27 billion in 2026 at a CAGR of 10.2%.
Some key hospitality market players are Compass group plc, Starbucks, Sodexo, Marriott International, Aramark corporation, McDonald's, Darden Restaurants, McDonald's, Darden Restaurants, Yum China Holdings Inc., Chipotle and Berkshire Hathaway Inc.
The countries covered in the global hospitality 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 hospitality market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Hospitality Market Segmentation:
By Type
1. Non-Residential Accommodation Services
2. Food And Beverage Services
By Ownership
1. Chained
2. Standalone
See More On The Report At https://www.thebusinessresearchcompany.com/report/hospitality-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Hospitality Market Characteristics
3. Hospitality Market Trends And Strategies
4. Impact Of COVID-19 On Hospitality
5. Hospitality Market Size And Growth
.....
26. Africa Hospitality Market
27. Hospitality Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hospitality Market
29. Hospitality Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the hospitality 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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