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Hospitality Global Market Report 2021: COVID-19 Impact and Recovery to 2030

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    Report

  • January 2021
  • Region: Global
  • The Business Research Company
  • ID: 5240286
Hospitality Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global hospitality market as it emerges from the COVID-19 shut down.







Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the hospitality? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Hospitality market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider hospitality market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The hospitality market section of the report gives context. It compares the hospitality market with other segments of the hospitality market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, hospitality indicators comparison.

Scope

Markets Covered:
1) By Type: Non-Residential Accommodation Services; Food And Beverage Services
2) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Others
3) By Nature: Organic; Conventional

Subsegments Covered: Hotel And Other Travel Accommodation; Camping And Caravanning; Students And Workers Non-residential Accommodation; Restaurants And Mobile Food Services; Bars And Cafes; Catering Services And Food Contractors

Companies Mentioned: McDonald's; Compass Group Plc; Starbucks; Subway; Marriott International

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, hospitality indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Hospitality Market

What is the estimated value of the Global Hospitality Market?

The Global Hospitality Market was estimated to be valued at $4132.5 billion in 2021.

What is the growth rate of the Global Hospitality Market?

The growth rate of the Global Hospitality Market is 6.4%, with an estimated value of $5297.78 billion by 2025.

What is the forecasted size of the Global Hospitality Market?

The Global Hospitality Market is estimated to be worth $5297.78 billion by 2025.

Who are the key companies in the Global Hospitality Market?

Key companies in the Global Hospitality Market include McDonald's, Compass Group Plc, Starbucks and Marriott International.

Table of Contents

1. Executive Summary2. Report Structure
3. Hospitality Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Hospitality Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Hospitality Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Hospitality Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Hospitality Market Trends And Strategies8. Impact Of COVID-19 On Hospitality
9. Hospitality Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Hospitality Market Regional Analysis
10.1. Global Hospitality Market, 2020, By Region, Value ($ Billion)
10.2. Global Hospitality Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Hospitality Market, Growth And Market Share Comparison, By Region
11. Hospitality Market Segmentation
11.1. Global Hospitality Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Non-Residential Accommodation Services
  • Food And Beverage Services
11.2. Global Hospitality Market, Segmentation By Ownership, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Chained
  • Standalone

12. Hospitality Market Segments
12.1. Global Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Hotel And Other Travel Accommodation; Camping And Caravanning; Students And Workers Non-residential Accommodation
12.2. Global Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Restaurants And Mobile Food Services; Bars And Cafes; Catering Services And Food Contractors
13. Hospitality Market Metrics
13.1. Hospitality Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Hospitality Market Expenditure, 2015-2025, Global
14. Asia-Pacific Hospitality Market
14.1. Asia-Pacific Hospitality Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Asia-Pacific, Hospitality Market, 2020, By Country, Value ($ Billion)
14.3. Asia-Pacific, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
14.4. Asia-Pacific, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Hospitality Market Metrics
14.5.1. Per Capita Average Hospitality Expenditure, 2015-2025, Asia-Pacific Countries
14.5.2. Number of Enterprises, Hospitality Market, Hospitality Market/Number of Enterprises, 2020, Asia-Pacific Countries
14.5.3. Number of Employees, Hospitality Market, Hospitality Market/Number of Employees, 2020, Asia-Pacific Countries
14.6. Asia-Pacific Hospitality Market, Segmentation By Type
14.6.1. Asia-Pacific Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.6.1. Asia-Pacific Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.6.2. Asia-Pacific Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Asia-Pacific Hospitality Market: Country Analysis
14.7.1. China Hospitality Market
14.7.1.1. China Hospitality Market Overview
14.7.1.2. China Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.1.3. China Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.1.4. China Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Australia Hospitality Market
14.7.2.1. Australia Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2.2. Australia Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2.3. Australia Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Hong Kong Hospitality Market
14.7.3.1. Hong Kong Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. India Hospitality Market
14.7.4.1. India Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4.2. India Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4.3. India Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. Indonesia Hospitality Market
14.7.5.1. Indonesia Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5.2. Indonesia Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5.3. Indonesia Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Japan Hospitality Market
14.7.6.1. Japan Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6.2. Japan Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6.3. Japan Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Malaysia Hospitality Market
14.7.7.1. Malaysia Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. New Zealand Hospitality Market
14.7.8.1. New Zealand Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Philippines Hospitality Market
14.7.9.1. Philippines Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Singapore Hospitality Market
14.7.10.1. Singapore Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. South Korea Hospitality Market
14.7.11.1. South Korea Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4.2. South Korea Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4.3. South Korea Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Thailand Hospitality Market
14.7.12.1. Thailand Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Vietnam Hospitality Market
14.7.13.1. Vietnam Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15. Western Europe Hospitality Market
15.1. Western Europe Hospitality Market Overview
15.2. Western Europe, Hospitality Market, 2020, By Country, Value ($ Billion)
15.3. Western Europe, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
15.4. Western Europe, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Hospitality Market Metrics
15.5.1. Per Capita Average Hospitality Expenditure, 2015-2025, Western Europe Countries
15.5.2. Number of Enterprises, Hospitality Market, Hospitality Market/Number of Enterprises, 2020, Western Europe Countries
15.5.3. Number of Employees, Hospitality Market, Hospitality Market/Number of Employees, 2020, Western Europe Countries
15.6. Western Europe Hospitality Market, Segmentation By Type
15.6.1. Western Europe Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.6.2. Western Europe Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.6.3. Western Europe Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Western Europe Hospitality Market: Country Analysis
15.7.1. Austria Hospitality Market
15.7.1.1. Austria Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Belgium Hospitality Market
15.7.2.1. Belgium Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Denmark Hospitality Market
15.7.3.1. Denmark Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Finland Hospitality Market
15.7.4.1. Finland Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.5. France Hospitality Market
15.7.5.1. France Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.5.2. France Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.5.3. France Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.6. Germany Hospitality Market
15.7.6.1. Germany Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.6.2. Germany Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.6.3. Germany Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.7. Ireland Hospitality Market
15.7.7.1. Ireland Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.8. Italy Hospitality Market
15.7.8.1. Italy Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.9. Netherlands Hospitality Market
15.7.9.1. Netherlands Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.10. Norway Hospitality Market
15.7.10.1. Norway Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.11. Portugal Hospitality Market
15.7.11.1. Portugal Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.12. Spain Hospitality Market
15.7.12.1. Spain Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.13. Sweden Hospitality Market
15.7.13.1. Sweden Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.14. Switzerland Hospitality Market
15.7.14.1. Switzerland Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.15. UK Hospitality Market
15.7.15.1. UK Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.15.2. UK Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.15.3. UK Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16. Eastern Europe Hospitality Market
16.1. Eastern Europe Hospitality Market Overview
16.2. Eastern Europe, Hospitality Market, 2020, By Country, Value ($ Billion)
16.3. Eastern Europe, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
16.4. Eastern Europe, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Hospitality Market Metrics
16.5.1. Per Capita Average Hospitality Expenditure, 2015-2025, Eastern Europe Countries
16.5.2. Number of Enterprises, Hospitality Market, Hospitality Market/Number of Enterprises, 2020, Eastern Europe Countries
16.5.3. Number of Employees, Hospitality Market, Hospitality Market/Number of Employees, 2020, Eastern Europe Countries
16.6. Eastern Europe Hospitality Market, Segmentation By Type
16.6.1. Eastern Europe Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.6.2. Eastern Europe Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.6.3. Eastern Europe Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. Eastern Europe Hospitality Market: Country Analysis
16.7.1. Czech Republic Hospitality Market,
16.7.1.1. Czech Republic Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Poland Hospitality Market
16.7.2.1. Poland Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. Romania Hospitality Market
16.7.3.1. Romania Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.4. Russia Hospitality Market
16.7.4.1. Russia Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.4.2. Russia Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.4.3. Russia Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17. North America Hospitality Market
17.1. North America Hospitality Market Overview
17.2. North America, Hospitality Market, 2020, By Country, Value ($ Billion)
17.3. North America, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
17.4. North America, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
17.5. North America, Hospitality Market Metrics
17.5.1. Per Capita Average Hospitality Expenditure, 2015-2025, North America Countries
17.5.2. Number of Enterprises, Hospitality Market, Hospitality Market/Number of Enterprises, 2020, North America Countries
17.5.3. Number of Employees, Hospitality Market, Hospitality Market/Number of Employees, 2020, North America Countries
17.6. North America Hospitality Market, Segmentation By Type
17.6.1. North America Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.6.2. North America Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.6.3. North America Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. North America Hospitality Market: Country Analysis
17.7.1. Canada Hospitality Market
17.7.1.1. Canada Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Mexico Hospitality Market
17.7.2.1. Mexico Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. USA Hospitality Market
17.7.3.1. USA Hospitality Market Overview
17.7.3.2. USA Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3.3. USA Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3.4. USA Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18. South America Hospitality Market
18.1. South America Hospitality Market Overview
18.2. South America, Hospitality Market, 2020, By Country, Value ($ Billion)
18.3. South America, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
18.4. South America, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
18.5. South America, Hospitality Market Metrics
18.5.1. Per Capita Average Hospitality Expenditure, 2015-2025, South America Countries
18.5.2. Number of Enterprises, Hospitality Market, Hospitality Market/Number of Enterprises, 2020, South America Countries
18.5.3. Number of Employees, Hospitality Market, Hospitality Market/Number of Employees, 2020, South America Countries
18.6. South America Hospitality Market, Segmentation By Type
18.6.1. South America Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.6.2. South America Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.6.3. South America Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. South America Hospitality Market: Country Analysis
18.7.1. Argentina Hospitality Market
18.7.1.1. Argentina Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Brazil Hospitality Market
18.7.2.1. Brazil Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2.2. Brazil Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2.3. Brazil Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Chile Hospitality Market
18.7.3.1. Chile Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. Colombia Hospitality Market
18.7.4.1. Colombia Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.5. Peru Hospitality Market
18.7.5.1. Peru Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.6. Venezuela Hospitality Market
18.7.6.1. Venezuela Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19. Middle East Hospitality Market
19.1. Middle East Hospitality Market Overview
19.2. Middle East, Hospitality Market, 2020, By Country, Value ($ Billion)
19.3. Middle East, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
19.4. Middle East, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
19.5. Middle East, Hospitality Market Metrics
19.5.1. Per Capita Average Hospitality Expenditure, 2015-2025, Middle East Countries
19.5.2. Number of Enterprises, Hospitality Market, Hospitality Market/Number of Enterprises, 2020, Middle East Countries
19.5.3. Number of Employees, Hospitality Market, Hospitality Market/Number of Employees, 2020, Middle East Countries
19.6. Middle East Hospitality Market, Segmentation By Type
19.6.1. Middle East Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.6.2. Middle East Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.6.3. Middle East Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Middle East Hospitality Market: Country Analysis
19.7.1. Saudi Arabia Hospitality Market
19.7.1.1. Saudi Arabia Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Israel Hospitality Market
19.7.2.1. Israel Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. Turkey Hospitality Market
19.7.3.1. Turkey Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.4. UAE Hospitality Market
19.7.4.1. UAE Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20. Africa Hospitality Market
20.1. Africa Hospitality Market Overview
20.2. Africa, Hospitality Market, 2020, By Country, Value ($ Billion)
20.3. Africa, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
20.4. Africa, Hospitality Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
20.5. Africa, Hospitality Market Metrics
20.5.1. Per Capita Average Hospitality Expenditure, 2015-2025, Africa Countries
20.5.2. Number of Enterprises, Hospitality Market, Hospitality Market/Number of Enterprises, 2020, Africa Countries
20.5.3. Number of Employees, Hospitality Market, Hospitality Market/Number of Employees, 2020, Africa Countries
20.6. Africa Hospitality Market, Segmentation By Type
20.6.1. Africa Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.6.2. Africa Non-Residential Accommodation Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.6.3. Africa Food And Beverage Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7. Africa Hospitality Market: Country Analysis
20.7.1. Egypt Hospitality Market
20.7.1.1. Egypt Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.2. Nigeria Hospitality Market
20.7.2.1. Nigeria Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.3. South Africa Hospitality Market
20.7.3.1. South Africa Hospitality Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
21. Hospitality Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. McDonald's
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Compass Group Plc
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Starbucks
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. Subway
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. Marriott International
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Hospitality Market
23. Recommendations
23.1. Global Hospitality Market In 2025- Growth Countries
23.2. Global Hospitality Market In 2025- Growth Segments
23.3. Global Hospitality Market In 2025- Growth Strategies
24. Appendix
24.1. NAICS Definitions Of Industry Covered In This Report
24.2. Abbreviations
24.3. Currencies
24.4. Research Inquiries
24.5. The Publisher
25. Copyright And Disclaimer

Executive Summary

Major companies in the hospitality market include McDonald's; Compass Group Plc; Starbucks; Subway and Marriott International.

The global hospitality market is expected to grow from $3486.77 billion in 2020 to $4132.5 billion in 2021 at a compound annual growth rate (CAGR) of 18.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $5297.78 billion in 2025 at a CAGR of 6%.

The hospitality market consists of sales of accommodation and food services and related goods by entities (organizations, sole traders or partnerships) that provide customers with lodging and/or prepare meals, snacks, and beverages for immediate consumption. The market covers both accommodation and food services because the two activities are often combined at the same establishment. The hospitality market is segmented into non-residential accommodation services and food and beverage services.

Asia Pacific was the largest region in the global hospitality market, accounting for 45% of the market in 2020. North America was the second largest region accounting for 25% of the global hospitality market. Africa was the smallest region in the global hospitality market.

Hotels are using technologies that are transforming the customer experience. Some technologies are leading to significant improvements and savings in the hospitality market. The most significant trends in this market are the use of near field communication (NFC) technology, infrared technologies, and robots. NFC gives users the ability to exchange data between devices, making mobile payments an instant, secure process. Infrared sensors are used in hotels to address customer complaints involving housekeeping interruptions. Hotels are also using robots to deliver amenities to guest rooms and for many other functional purposes. Hotel operators are investing in systems and technologies that can automate processes and personalize the experience for guests.

The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the hospitality market in 2020 as governments globally imposed restrictions on domestic and international travel limiting the need for services offered by these establishments. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the hospitality market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

The hospitality market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period . Thus, stable economic growth is expected to drive the market during the forecast period.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • McDonald's
  • Compass Group Plc
  • Starbucks
  • Subway
  • Marriott International

Methodology

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