Global Hotel Chains
Market Report
2025
Hotel Chains market size is USD 152158.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.21% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Hotel Chains market size is USD 152158.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.21% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Hotel Chains Market Sales Revenue 2024 | $ 152158 Million |
Global Hotel Chains Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.21% |
North America Hotel Chains Market Sales Revenue 2024 | $ 60863.3 Million |
North America Hotel Chains Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.4% |
Europe Hotel Chains Market Sales Revenue 2024 | $ 45647.5 Million |
Europe Hotel Chains Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
Asia Pacific Hotel Chains Market Sales Revenue 2024 | $ 34994.4 Million |
Asia Pacific Hotel Chains Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.2% |
South America Hotel Chains Market Sales Revenue 2024 | $ 7607.91 Million |
South America Hotel Chains Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Middle East and Africa Hotel Chains Market Sales Revenue 2024 | $ 3043.16 Million |
Middle East and Africa Hotel Chains Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.9% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Hotel Chains industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Hotel Chains Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The resort chains marketplace contains a network of hospitality institutions operated beneath a common logo, offering standardized offerings and amenities across more than one place. These chains generally range from finances to luxurious segments and cater to various tourist desires, which include commercial enterprise journeys, amusement holidays, and occasions. Key players within the marketplace include globally diagnosed manufacturers such as Marriott International, Hilton Worldwide, and AccorHotels. Hotel chains leverage brand reputation, loyalty applications, and centralized reservation structures to attract clients and maximize occupancy quotes. They additionally benefit from economies of scale in procurement, advertising, and operations. However, they face demanding situations together with opposition from alternative lodging alternatives, fluctuations in travel demand, and regulatory compliance.
The rise of global tourism fuels a surge in call for hotel inns across various journey sectors, from commercial enterprise trips to entertainment escapes. Established in chains leverage their well-known brands, strong loyalty programs, and expansive distribution networks to capture this developing marketplace. This positions them to draw an increasingly wide consumer base looking for reliability and consistency in their accommodations. As the tourism industry continues to increase, resort chains stand to capitalize on the momentum, supplying tourists around the world with an acquainted and trusted home far away from domestic.
Travelers are increasingly more interested in familiar and dependable accommodation picks, particularly whilst exploring new destinations. Hotel chains offer a regular general of fine amenities and reserving tactics, aligning flawlessly with this desire. With a focus on standardized reviews across their properties, these chains offer peace of mind to travelers, making sure they know what to expect irrespective of area. This growing preference for branded accommodation displays a desire for reliability and luxury, making hotel chains a famous preference among those seeking consistency in their journey studies. As this trend continues, hotel chains are properly positioned to fulfill the evolving desires of discerning tourists globally.
The hotel enterprise faces vulnerability to external forces such as monetary downturns, political upheavals, and herbal calamities. These occurrences can precipitate fluctuations in travel demand and occupancy fees, at once affecting the revenue streams of resort chains. Economic recessions frequently bring about reduced discretionary spending, prompting tourists to cut back their lodging charges. Similarly, political instability or herbal failures can deter travelers from journeying certain areas altogether, leading to reduced bookings and occupancy tiers. To mitigate those challenges, hotel chains ought to maintain flexibility in their operations, enforce strong threat control techniques, and adapt quickly to converting marketplace conditions to guard their revenue streams amidst such uncertainties.
The COVID-19 pandemic profoundly impacted the lodge chains' marketplace, inflicting remarkable disruptions in travel patterns and accommodations calls for global. Lockdown measures, tour regulations, and health concerns led to a dramatic decrease in bookings, resulting in plummeting occupancy quotes and revenue losses for hotel chains. Many houses confronted closures, layoffs, and economic stress as they struggled to navigate the crisis. To live on, lodge chains carried out stringent health and protection protocols, embraced contactless technology, and diversified their offerings to cater to changing vacationer possibilities, together with faraway painting amenities and prolonged stay alternatives. As vaccination efforts progress and tours resume, hotel chains carefully rebuild, recognizing the iconic impact of the pandemic on patron conduct and the hospitality industry landscape.
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The competitive landscape of the Hotel Chains market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Hotel Chains companies, and emerging start-ups aiming to disrupt the market with innovative solutions.
Fortune Hotels, a member of ITC's hotel group, is planning to open a new hotel every month in the current financial year, the company's Managing Director Samir MC said on Wednesday.
Top Companies Market Share in Hotel Chains Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America is experiencing boom in the hotel chains market, pushed by way of elements like increasing travel call for, expanding commercial enterprise opportunities, and rising customer choices for branded hotels. Major resort chains are strategically increasing their presence in key cities and visitor destinations throughout the area to capitalize on those tendencies and cater to the evolving needs of vacationers.
Europe stands out as the fastest-growing region in the Hotel Chains market due to several compelling reasons. Europe is witnessing growth within the lodge chains marketplace due to growing tourism, business tours, and a choice of standardized hotels. Major hotel chains are expanding their footprint throughout famous European towns and vacationer hotspots, leveraging their manufacturers and loyalty packages to attract clients. This enlargement displays the area's growing significance within the global hospitality industry and its appeal to diverse vacationer demographics
The current report Scope analyzes Hotel Chains Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Hotel Chains market size was estimated at USD 152158.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 60863.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031. North America's resort chains marketplace boasts a robust panorama pushed by a aggregate of things consisting of growing tourism, commercial enterprise journey, and customer desire for branded lodges. Among the segments, the mid-range market stands out, catering to vacationers seeking cushty but reasonably priced accommodations alternatives. Major inn chains like Marriott and Hilton strategically expand their presence throughout key cities, leveraging emblem popularity and loyalty applications. As North America continues to attract numerous traveler demographics, the hotel chains marketplace remains poised for in addition increase and innovation, promising continued opportunities for expansion and development inside the area.
According to Cognitive Market Research, the global Hotel Chains market size was estimated at USD 152158.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 45647.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031. Europe's lodge chains market is thriving, fueled via a surge in tourism, business journey, and a preference for standardized resorts. Notably, the luxury phase shines, attracting discerning tourists seeking excessive-quit reviews. Leading hotel chains along with AccorHotels and InterContinental Hotels Group strategically enlarge their presence in iconic European cities, capitalizing at the area's rich cultural historical past and diverse points of interest. As Europe stays a pinnacle vacation spot for worldwide travelers, the hotel chains marketplace keeps to flourish, providing plentiful possibilities for boom and innovation, whilst assembly the evolving wishes of vacationers throughout all segments.
According to Cognitive Market Research, the global Hotel Chains market size was estimated at USD 152158.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 34994.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. Asia Pacific's inn chains marketplace is experiencing fast increase driven by growing journey demand, urbanization, and rising disposable incomes. The budget segment sticks out, catering to a huge and various demographic of vacationers searching for less costly but cushty lodges. Major hotel chains like OYO, Jinjiang International, and Shangri-La Hotels and Resorts strategically make bigger their presence across key markets in the location, leveraging virtual platforms and partnerships to reach a much broader audience. As Asia Pacific emerges as a powerhouse in the worldwide tourism enterprise, the lodge chains market offers enormous ability for enlargement and innovation, promising continued increase and development within the area.
According to Cognitive Market Research, the global Hotel Chains market size was estimated at USD 152158.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 7607.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031. Latin America's lodge chains market is at the upward push, buoyed by using growing tourism, commercial enterprise travel, and a growing center class. The boutique inn section stands proud, offering specific and intimate experiences that resonate with discerning travelers in search of authenticity and customized service. Leading resort chains which includes NH Hotel Group and Grupo Posadas strategically extend their boutique offerings across vibrant Latin American towns, capitalizing on the region's wealthy cultural history and herbal splendor. As Latin America emerges as a sought-after destination, the resort chains market offers thrilling opportunities for boom and differentiation, promising memorable experiences for tourists throughout all segments.
According to Cognitive Market Research, the global Hotel Chains market size was estimated at USD 152158.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 3043.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031. The Middle East and Africa's inn chains market is thriving amid rapid urbanization, infrastructure improvement, and a burgeoning tourism enterprise. The luxury segment shines, attracting prosperous vacationers searching for opulent hotels and world-elegance service. Major inn chains consisting of Marriott International and Hilton Worldwide strategically amplify their luxurious services across key cities in the region, capitalizing at the growing call for upscale hospitality studies. As the Middle East and Africa end up increasingly outstanding on the worldwide tourism map, the inn chains market offers sizable opportunities for increase and investment, promising lavish stories and remarkable hospitality for discerning tourists.
Global Hotel Chains Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Hotel Chains Industry growth. Hotel Chains market has been segmented with the help of its Type, Application , and others. Hotel Chains market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, Economy Rooms stands out as the dominating category. The economy rooms section is experiencing an increase inside the hotel chains' marketplace as travelers search for price range-pleasant lodging alternatives without compromising on fines. Hotel chains are increasing their economic system services to cater to this demand, providing low-cost rooms with vital facilities and convenient places. This trend reflects a shift in purchaser choices closer to cost-aware lodging selections, driving the growth of financial system-targeted lodge chains.
Mid-range Rooms emerges as the fastest-growing category in the Hotel Chains market. The mid-range rooms section is witnessing growth inside the hotel chains market as travelers an increasing number of are seeking comfortable and reasonably priced lodges. Hotel chains are increasing their mid-variety offerings, presenting nicely-appointed rooms with a balance of affordability and facilities. This fashion reflects the demand for fee-driven lodging options catering to vacationers' various options, driving the growth of mid-variety-focused inn chains throughout diverse destinations.
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According to Cognitive Market Research, the dominating category is Online Booking. Online booking structures are growing inside the lodge chains market as tourists more and more pick the convenience of reserving hotels digitally. Hotel chains are leveraging on-line booking channels to reach a much wider audience, streamline reservation procedures, and beautify consumer stories. This trend underscores the significance of online presence and era integration in taking pictures of marketplace percentages and increasing the reach of inn chains globally.
The fastest-growing category in the Hotel Chains market is Offline Booking. Offline reserving techniques are still applicable inside the hotel chains' marketplace, especially for demographics and areas where online admission can be constrained. Hotel chains continue to cater to those customers with the aid of supplying conventional booking alternatives through travel corporations, name centers, and stroll-in reservations. By retaining a diverse technique for reserving, hotel chains ensure accessibility and accommodate the options of a huge range of tourists.
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Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
The hotel chains marketplace contains a network of hospitality institutions operated beneath a common logo offering standardized offerings and amenities across more than one place and these chains generally range from finances to luxurious segments and cater to various tourist desires which include commercial enterprise journeys amusement holidays and occasions
Disclaimer:
Type | Economy Rooms, Mid-range Rooms, Upscale Rooms, Luxury Rooms |
Application | Online Booking, Offline Booking |
List of Competitors | Hilton Worldwide, Marriott International, InterContinental Hotels Group, Wyndham Hotel Group, Choice Hotels International, Accor Hotels, Starwood Hotels & Resorts Worldwide, Shanghai Jin Jiang International Hotel Group, Best Western International, Home Inns & Hotels Management, Huazhu Hotels Group, Carlson Rezidor Hotel Group, Hyatt Hotels Corp, GreenTree Inns Hotel Management Group, G6 Hospitality, Melia Hotels International, Magnuson Hotels, Westmont Hospitality Group, LQ Management, OYO |
This chapter will help you gain GLOBAL Market Analysis of Hotel Chains. Further deep in this chapter, you will be able to review Global Hotel Chains Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Hotel Chains market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Economy Rooms have a significant impact on Hotel Chains market? |
What are the key factors affecting the Economy Rooms and Mid-range Rooms of Hotel Chains Market? |
What is the CAGR/Growth Rate of Online Booking during the forecast period? |
By type, which segment accounted for largest share of the global Hotel Chains Market? |
Which region is expected to dominate the global Hotel Chains Market within the forecast period? |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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