1. What is the projected Compound Annual Growth Rate (CAGR) of the Hotel Chains?
The projected CAGR is approximately XX%.
Hotel ChainsHotel Chains Strategic Insights: Analysis 2025 and Forecasts 2033
Hotel Chains by Type (Economy Rooms, Mid-range Rooms, Upscale Rooms, Luxury Rooms), by Application (Online Booking, Offline Booking), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
Base Year: 2024
157 Pages
Hotel Chains Strategic Insights: Analysis 2025 and Forecasts 2033
Hotel Chains Strategic Insights: Analysis 2025 and Forecasts 2033
Key Insights
The global hotel chain market size was valued at USD 211,660 million in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 2.5% during the forecast period (2025-2033). The market growth is attributed to increasing disposable income, rising urbanization, and growing tourism activities. The proliferation of online booking platforms and loyalty programs further contribute to the market's expansion.
Key market drivers include increasing demand for upscale and luxury accommodations, technological advancements in hotel operations, and government initiatives promoting tourism. However, rising construction costs, increasing labor expenses, and economic downturns pose challenges to the market's growth. The industry is expected to witness consolidation and strategic partnerships among major players to gain market share and enhance competitiveness. The Asia Pacific region is anticipated to hold a significant market share due to rapid urbanization, increasing disposable income, and the presence of emerging economies.
Hotel Chains Trends
The global hotel chains market is projected to reach USD xx million by 2028, exhibiting a CAGR of xx% during the forecast period. The market growth is primarily attributed to the increasing number of business travelers, rising disposable income levels, and growing popularity of online booking platforms. Furthermore, the expansion of the tourism and hospitality industry and the introduction of innovative technologies are expected to contribute to the market growth.
Key market insights include:
- The Asia-Pacific region is expected to witness the highest growth rate due to the increasing number of business travelers and the growing middle class.
- The economy segment is expected to dominate the market due to the rising demand for budget-friendly accommodation options.
- Online booking platforms are gaining popularity due to their convenience and ease of use.
Driving Forces: What's Propelling the Hotel Chains
Several factors are propelling the growth of the hotel chains market:
- Increasing number of business travelers: The rise in global business travel is driving the demand for hotel accommodation. Business travelers require comfortable and convenient accommodations that cater to their specific needs.
- Rising disposable income levels: With the increasing disposable income levels, people are spending more on leisure travel. This has led to a surge in demand for hotel rooms for both domestic and international travel.
- Growing popularity of online booking platforms: Online booking platforms make it easier for travelers to find and book hotel rooms. These platforms offer a wide range of options, allowing travelers to compare prices and amenities before making a decision.
- Expansion of the tourism and hospitality industry: The tourism and hospitality industry is growing rapidly, which is leading to an increased demand for hotel rooms. This growth is being driven by factors such as rising disposable income levels, increasing urbanization, and the popularity of online booking platforms.
- Introduction of innovative technologies: Hotel chains are introducing innovative technologies to improve the guest experience. These technologies include mobile check-in, digital keys, and smart room controls.
Challenges and Restraints in Hotel Chains
The hotel chains market also faces several challenges and restraints:
- Economic downturns: Economic downturns can lead to a decrease in business travel and leisure spending, which can have a negative impact on the hotel chains market.
- Competition from alternative accommodation options: The rise of alternative accommodation options, such as Airbnb and vacation rentals, is increasing competition for hotel chains.
- Rising labor costs: The hotel chains industry is labor-intensive, and rising labor costs can put pressure on profit margins.
- Government regulations: Hotel chains are subject to a variety of government regulations, which can impact their operations and profitability.
Key Region or Country & Segment to Dominate the Market
- Key regions: The Asia-Pacific region is expected to dominate the market, followed by North America and Europe. The Asia-Pacific region is expected to witness the highest growth rate due to the increasing number of business travelers and the growing middle class.
- Key segments: The economy segment is expected to dominate the market due to the rising demand for budget-friendly accommodation options. The online booking segment is expected to grow at a faster rate due to the increasing popularity of online booking platforms.
Growth Catalysts in Hotel Chains Industry
- Increasing investments in new hotels: Hotel chains are investing in new hotels to expand their market share. This is particularly evident in emerging markets, where there is a growing demand for hotel accommodation.
- Expansion of loyalty programs: Hotel chains are expanding their loyalty programs to attract and retain customers. These programs offer a variety of benefits, such as free nights, room upgrades, and discounts on other services.
- Adoption of sustainable practices: Hotel chains are adopting sustainable practices to reduce their environmental impact. This includes using energy-efficient lighting and appliances, recycling waste, and reducing water consumption.
Leading Players in the Hotel Chains
Some of the leading players in the hotel chains market include:
- Hilton Worldwide [www.hiltonworldwide.com]
- Marriott International [www.marriott.com]
- InterContinental Hotels Group [www.ihg.com]
- Wyndham Hotel Group [www.wyndhamhotels.com]
- Choice Hotels International [www.choicehotels.com]
- Accor Hotels [www.accorhotels.com]
- Starwood Hotels & Resorts Worldwide [www.starwoodhotels.com]
- Shanghai Jin Jiang International Hotel Group [www.jinjianghotels.com]
- Best Western International [www.bestwestern.com]
- Home Inns & Hotels Management [www.homeinns.com]
- Huazhu Hotels Group [www.huazhu.com]
- Carlson Rezidor Hotel Group [www.carlsonrezidor.com]
- Hyatt Hotels Corp [www.hyatt.com]
- GreenTree Inns Hotel Management Group [www.greentree-hotel.com]
- G6 Hospitality [www.g6hospitality.com]
- Melia Hotels International [www.melia.com]
- Magnuson Hotels [www.magnusonhotels.com]
- Westmont Hospitality Group [www.wesmont.com]
- LQ Management [www.lqhotels.com]
- OYO [www.oyorooms.com]
Significant Developments in Hotel Chains Sector
- In 2019, Marriott International acquired Starwood Hotels & Resorts Worldwide for USD 13.6 billion. This acquisition created the world's largest hotel chain with over 5,700 properties in 110 countries.
- In 2018, AccorHotels acquired Fairmont Raffles Hotels International for USD 2.9 billion. This acquisition gave AccorHotels a strong presence in the luxury hotel segment.
- In 2017, Hilton Worldwide acquired Diamond Resorts International for USD 2.7 billion. This acquisition gave Hilton Worldwide a stronger presence in the vacation ownership segment.
Comprehensive Coverage Hotel Chains Report
This report provides comprehensive coverage of the hotel chains market, including:
- Market size and forecasts
- Key market trends and insights
- Drivers and restraints
- Key regions and segments
- Growth catalysts
- Leading players
- Significant developments
Hotel Chains Segmentation
-
1. Type
- 1.1. Economy Rooms
- 1.2. Mid-range Rooms
- 1.3. Upscale Rooms
- 1.4. Luxury Rooms
-
2. Application
- 2.1. Online Booking
- 2.2. Offline Booking
Hotel Chains Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific
Hotel Chains REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of XX% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Restrains
- 3.4. Market Trends
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Hotel Chains Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Economy Rooms
- 5.1.2. Mid-range Rooms
- 5.1.3. Upscale Rooms
- 5.1.4. Luxury Rooms
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Online Booking
- 5.2.2. Offline Booking
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North America Hotel Chains Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Economy Rooms
- 6.1.2. Mid-range Rooms
- 6.1.3. Upscale Rooms
- 6.1.4. Luxury Rooms
- 6.2. Market Analysis, Insights and Forecast - by Application
- 6.2.1. Online Booking
- 6.2.2. Offline Booking
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. South America Hotel Chains Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Economy Rooms
- 7.1.2. Mid-range Rooms
- 7.1.3. Upscale Rooms
- 7.1.4. Luxury Rooms
- 7.2. Market Analysis, Insights and Forecast - by Application
- 7.2.1. Online Booking
- 7.2.2. Offline Booking
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Europe Hotel Chains Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Economy Rooms
- 8.1.2. Mid-range Rooms
- 8.1.3. Upscale Rooms
- 8.1.4. Luxury Rooms
- 8.2. Market Analysis, Insights and Forecast - by Application
- 8.2.1. Online Booking
- 8.2.2. Offline Booking
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. Middle East & Africa Hotel Chains Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Economy Rooms
- 9.1.2. Mid-range Rooms
- 9.1.3. Upscale Rooms
- 9.1.4. Luxury Rooms
- 9.2. Market Analysis, Insights and Forecast - by Application
- 9.2.1. Online Booking
- 9.2.2. Offline Booking
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Asia Pacific Hotel Chains Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Type
- 10.1.1. Economy Rooms
- 10.1.2. Mid-range Rooms
- 10.1.3. Upscale Rooms
- 10.1.4. Luxury Rooms
- 10.2. Market Analysis, Insights and Forecast - by Application
- 10.2.1. Online Booking
- 10.2.2. Offline Booking
- 10.1. Market Analysis, Insights and Forecast - by Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Hilton Worldwide
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Marriott International
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 InterContinental Hotels Group
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Wyndham Hotel Group
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Choice Hotels International
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Accor Hotels
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Starwood Hotels & Resorts Worldwide
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Shanghai Jin Jiang International Hotel Group
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Best Western International
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Home Inns & Hotels Management
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Huazhu Hotels Group
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Carlson Rezidor Hotel Group
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Hyatt Hotels Corp
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 GreenTree Inns Hotel Management Group
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.15 G6 Hospitality
- 11.2.15.1. Overview
- 11.2.15.2. Products
- 11.2.15.3. SWOT Analysis
- 11.2.15.4. Recent Developments
- 11.2.15.5. Financials (Based on Availability)
- 11.2.16 Melia Hotels International
- 11.2.16.1. Overview
- 11.2.16.2. Products
- 11.2.16.3. SWOT Analysis
- 11.2.16.4. Recent Developments
- 11.2.16.5. Financials (Based on Availability)
- 11.2.17 Magnuson Hotels
- 11.2.17.1. Overview
- 11.2.17.2. Products
- 11.2.17.3. SWOT Analysis
- 11.2.17.4. Recent Developments
- 11.2.17.5. Financials (Based on Availability)
- 11.2.18 Westmont Hospitality Group
- 11.2.18.1. Overview
- 11.2.18.2. Products
- 11.2.18.3. SWOT Analysis
- 11.2.18.4. Recent Developments
- 11.2.18.5. Financials (Based on Availability)
- 11.2.19 LQ Management
- 11.2.19.1. Overview
- 11.2.19.2. Products
- 11.2.19.3. SWOT Analysis
- 11.2.19.4. Recent Developments
- 11.2.19.5. Financials (Based on Availability)
- 11.2.20 OYO
- 11.2.20.1. Overview
- 11.2.20.2. Products
- 11.2.20.3. SWOT Analysis
- 11.2.20.4. Recent Developments
- 11.2.20.5. Financials (Based on Availability)
- 11.2.21
- 11.2.21.1. Overview
- 11.2.21.2. Products
- 11.2.21.3. SWOT Analysis
- 11.2.21.4. Recent Developments
- 11.2.21.5. Financials (Based on Availability)
- 11.2.1 Hilton Worldwide
List of Figures
- Figure 1: Global Hotel Chains Revenue Breakdown (million, %) by Region 2024 & 2032
- Figure 2: North America Hotel Chains Revenue (million), by Type 2024 & 2032
- Figure 3: North America Hotel Chains Revenue Share (%), by Type 2024 & 2032
- Figure 4: North America Hotel Chains Revenue (million), by Application 2024 & 2032
- Figure 5: North America Hotel Chains Revenue Share (%), by Application 2024 & 2032
- Figure 6: North America Hotel Chains Revenue (million), by Country 2024 & 2032
- Figure 7: North America Hotel Chains Revenue Share (%), by Country 2024 & 2032
- Figure 8: South America Hotel Chains Revenue (million), by Type 2024 & 2032
- Figure 9: South America Hotel Chains Revenue Share (%), by Type 2024 & 2032
- Figure 10: South America Hotel Chains Revenue (million), by Application 2024 & 2032
- Figure 11: South America Hotel Chains Revenue Share (%), by Application 2024 & 2032
- Figure 12: South America Hotel Chains Revenue (million), by Country 2024 & 2032
- Figure 13: South America Hotel Chains Revenue Share (%), by Country 2024 & 2032
- Figure 14: Europe Hotel Chains Revenue (million), by Type 2024 & 2032
- Figure 15: Europe Hotel Chains Revenue Share (%), by Type 2024 & 2032
- Figure 16: Europe Hotel Chains Revenue (million), by Application 2024 & 2032
- Figure 17: Europe Hotel Chains Revenue Share (%), by Application 2024 & 2032
- Figure 18: Europe Hotel Chains Revenue (million), by Country 2024 & 2032
- Figure 19: Europe Hotel Chains Revenue Share (%), by Country 2024 & 2032
- Figure 20: Middle East & Africa Hotel Chains Revenue (million), by Type 2024 & 2032
- Figure 21: Middle East & Africa Hotel Chains Revenue Share (%), by Type 2024 & 2032
- Figure 22: Middle East & Africa Hotel Chains Revenue (million), by Application 2024 & 2032
- Figure 23: Middle East & Africa Hotel Chains Revenue Share (%), by Application 2024 & 2032
- Figure 24: Middle East & Africa Hotel Chains Revenue (million), by Country 2024 & 2032
- Figure 25: Middle East & Africa Hotel Chains Revenue Share (%), by Country 2024 & 2032
- Figure 26: Asia Pacific Hotel Chains Revenue (million), by Type 2024 & 2032
- Figure 27: Asia Pacific Hotel Chains Revenue Share (%), by Type 2024 & 2032
- Figure 28: Asia Pacific Hotel Chains Revenue (million), by Application 2024 & 2032
- Figure 29: Asia Pacific Hotel Chains Revenue Share (%), by Application 2024 & 2032
- Figure 30: Asia Pacific Hotel Chains Revenue (million), by Country 2024 & 2032
- Figure 31: Asia Pacific Hotel Chains Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Hotel Chains Revenue million Forecast, by Region 2019 & 2032
- Table 2: Global Hotel Chains Revenue million Forecast, by Type 2019 & 2032
- Table 3: Global Hotel Chains Revenue million Forecast, by Application 2019 & 2032
- Table 4: Global Hotel Chains Revenue million Forecast, by Region 2019 & 2032
- Table 5: Global Hotel Chains Revenue million Forecast, by Type 2019 & 2032
- Table 6: Global Hotel Chains Revenue million Forecast, by Application 2019 & 2032
- Table 7: Global Hotel Chains Revenue million Forecast, by Country 2019 & 2032
- Table 8: United States Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 9: Canada Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 10: Mexico Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 11: Global Hotel Chains Revenue million Forecast, by Type 2019 & 2032
- Table 12: Global Hotel Chains Revenue million Forecast, by Application 2019 & 2032
- Table 13: Global Hotel Chains Revenue million Forecast, by Country 2019 & 2032
- Table 14: Brazil Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 15: Argentina Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 16: Rest of South America Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 17: Global Hotel Chains Revenue million Forecast, by Type 2019 & 2032
- Table 18: Global Hotel Chains Revenue million Forecast, by Application 2019 & 2032
- Table 19: Global Hotel Chains Revenue million Forecast, by Country 2019 & 2032
- Table 20: United Kingdom Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 21: Germany Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 22: France Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 23: Italy Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 24: Spain Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 25: Russia Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 26: Benelux Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 27: Nordics Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 28: Rest of Europe Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 29: Global Hotel Chains Revenue million Forecast, by Type 2019 & 2032
- Table 30: Global Hotel Chains Revenue million Forecast, by Application 2019 & 2032
- Table 31: Global Hotel Chains Revenue million Forecast, by Country 2019 & 2032
- Table 32: Turkey Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 33: Israel Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 34: GCC Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 35: North Africa Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 36: South Africa Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 37: Rest of Middle East & Africa Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 38: Global Hotel Chains Revenue million Forecast, by Type 2019 & 2032
- Table 39: Global Hotel Chains Revenue million Forecast, by Application 2019 & 2032
- Table 40: Global Hotel Chains Revenue million Forecast, by Country 2019 & 2032
- Table 41: China Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 42: India Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 43: Japan Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 44: South Korea Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 45: ASEAN Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 46: Oceania Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
- Table 47: Rest of Asia Pacific Hotel Chains Revenue (million) Forecast, by Application 2019 & 2032
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.
Frequently Asked Questions
2. Which companies are prominent players in the Hotel Chains?
Key companies in the market include 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, .
3. What are the main segments of the Hotel Chains?
The market segments include Type, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD 211660 million as of 2022.
5. What are some drivers contributing to market growth?
N/A
6. What are the notable trends driving market growth?
N/A
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4480.00, USD 6720.00, and USD 8960.00 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Hotel Chains," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Hotel Chains report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Hotel Chains?
To stay informed about further developments, trends, and reports in the Hotel Chains, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.