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Global Hospitality Industry Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

07-16-2023 05:16 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Hospitality Industry estimated at US$ million in the year 2022, is projected to reach a revised size of US$ million by 2028, growing at a CAGR of % during the forecast period 2022-2028.

The USA market for Hospitality Industry is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

The China market for Hospitality Industry is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

The Europe market for Hospitality Industry is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

The global key companies of Hospitality Industry include Marriott International, Inc., Hilton, AccorHotels, Wyndham Hotel Group, Hyatt Hotels Corporation, Jin Jiang International Hotel Management Co. Ltd., Shangri-La Hotels & Resorts, Melia Hotels International and InterContinental Hotels Group PLC (IHG), etc. In 2021, the global top five players had a share approximately % in terms of revenue.

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https://reports.valuates.com/market-reports/QYRE-Auto-25L12334/global-hospitality-industry-industry

Report Scope
This latest report researches the industry structure, revenue and gross margin. Major players' headquarters, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Hospitality Industry companies, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases.
This report also includes a discussion of the major players across each regional Hospitality Industry market. Further, it explains the major drivers and regional dynamics of the global Hospitality Industry market and current trends within the industry.

Key Companies Covered
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and market share analysis of the prominent players are also provided in this section. Additionally, the specialists have done an all-encompassing analysis of each player. They have also provided reliable revenue, market share and rank data of the companies for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:
Marriott International, Inc.
Hilton
AccorHotels
Wyndham Hotel Group
Hyatt Hotels Corporation
Jin Jiang International Hotel Management Co. Ltd.
Shangri-La Hotels & Resorts
Melia Hotels International
InterContinental Hotels Group PLC (IHG)
NH Hotel Group
Four Seasons Hotels & Resorts
Kimpton Hotels & Restaurants
The Cheesecake Factory

Market Segments
This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides revenue forecast data by type and by application segments based on value for the period 2017-2028.

Hospitality Industry Segment by Type
Lodging-Accommodation
Food and Beverage
Travel and Tourism
Entertainment Industry
Convention Centres

Hospitality Industry Segment by Application
Individual
Business

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Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
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