Global Hotels Market is projected to reach USD 1663.82 Bn by 2029, growing at a robust CAGR of 9.2 Percent during the forecast period.

Hotels Market Report Scope and Research Methodology:

The report provides a comprehensive analysis of the global Hotels Market, presenting insights into market values, report scope, research methodology, drivers, restraints, and regional insights. It explores segments such as Hotel Type, Price Level, Room Capacity, and Business Model. The report utilizes a combination of primary and secondary research methods to gather and analyze market data.

The research study relies on both primary and secondary data sources, utilizing a thorough research process to investigate various factors affecting the industry. This includes government policies, market environment, competitive landscape, historical data, current market trends, technological innovation, and upcoming technologies. The research methodology also evaluates market risks, opportunities, barriers, and challenges.

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What are Hotels Market Dynamics:

The hotel industry is undergoing significant changes, with hotels adapting to evolving consumer demands and technological advancements. Technological innovations such as smart hotel technology, sustainable practices, mobile bookings, and digital guest experiences are driving the competitive advantage of hotel companies. The exponential growth of the travel and tourism industry, along with increasing disposable income and digital innovation, contributes to the expansion of the hotels market. However, the emergence of shared accommodation poses a restraining factor, impacting the revenue of traditional chain hotels.

The report provides a comprehensive analysis of the global Hotels Market, offering insights to stakeholders and decision-makers in the industry. It covers market values, report scope, research methodology, drivers, restraints, and regional insights. The report also includes a competitive analysis of key players, including market leaders, followers, and new entrants.

Hotels Market Regional Insights:

North America dominates the market with the highest market share, driven by investments in micro hotels and high demand in urban cities. Europe is expected to experience significant growth, benefiting from a large number of international tourists and higher occupancy rates. Asia Pacific is witnessing a surge in hotel utilization, driven by rising disposable income and business travel. The Indian tourism and hospitality industry is a crucial engine of growth, with significant opportunities in the hotels market.

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What is Hotels Market Segmentation:

By Hotel Type:
Business/ Commercial Hotels
Boutique Hotels
Resort Hotels
Transit Hotels
Bed & Breakfast Hotels
Others

By Price Level:
Luxury
Upscale
Midscale
Economy

By Room Capacity:
Small
Medium
Large
Mega

By Business Model:
Individual
Chain

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Who are Hotels Market Key Players:

Accor SA
2. Marriott International
3. Hyatt Hotels Corporation
4. Hilton Worldwide Holdings Inc.
5. InterContinental Hotels Group PLC.
6. Best Western International, Inc.
7. Choice Hotels Internationals, Inc.
8. Wyndham Destinations, Inc.
9. Radisson Hospitality A.B.
10.Indian Hotels Company Limited
11.Oravel Stays Private Limited
12.TC Limited
13.EIH Limited
14.Bharat Hotels Limited
15.Lemon Tree Hotels
16.The Leela Palaces

Table of content for the Hotels Market includes:

Global Hotels: Research Methodology

Global Hotels Market: Executive Summary

Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

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Global Hotels Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Hotels Market Segmentation

Global Market, by Hotel Type (2022-2029)
Global Market, by Price Level (2022-2029)
Global Market, by Room Capacity (2022-2029)
Global Market, by Business Model (2022-2029)

Regional Hotels Market (2022-2029)

Regional Market, by Hotel Type (2022-2029)
Regional Market, by Price Level (2022-2029)
Regional Market, by Room Capacity (2022-2029)
Regional Market, by Business Model (2022-2029)
Regional Market, by Country (2022-2029)

Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Hotel Type, Price Level, Room Capacity and Business Model
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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