Hotels, Motels & Resorts
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry are engaged in providing short-term lodging in facilities known as hotels, motor hotels, resort hotels, and motels. Major companies include Choice Hotels, Hilton, Hyatt, Marriott International, and Wyndham (all based in the US), as well as Accor (France); IHG Hotels & Resorts and Whitbread (both based in the UK); Jin Jiang International (China); and NH Hotel Group (Spain).The global revenue for hotel industry is forecast to reach about $2 trillion by 2032, according to Maximize Market Research (MMR). The most popular travel destinations in 2025 include Spain, Barbados, and UAE, according to Google.
The US hotel, motel, and resort industry consists of about 55,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $185 billion. The industry does not include casino hotels and resorts, which are covered in a separate profile.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
