The Business
Research Company’s latest report Hotel And Other Travel Accommodation Global
Market Report 2020 covers Hotel And Other Travel Accommodation market drivers,
Hotel And Other Travel Accommodation market trends, Hotel And Other Travel
Accommodation market segments, Hotel And Other Travel Accommodation market
growth rate, Hotel And Other Travel Accommodation market major players, and
Hotel And Other Travel Accommodation market size. The report provides in-depth
analysis of the impact of COVID-19 on the Hotel And Other Travel Accommodation
industry, along with revised market numbers due to the effects of the
coronavirus.
View Complete Report:
Hotel And Other
Travel Accommodation Global Market Report 2020 is the most comprehensive report
available on this market and will help gain a truly global perspective as it
covers 60 geographies. The chapter on the impact of COVID-19 gives valuable
insights on supply chain disruptions, logistical challenges, and other economic
implications of the virus on the market. The chapter also covers markets which
have been positively affected by the pandemic.
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The global hotel and other travel accommodation
market is expected to decline from $956.4 billion in 2019 to $953.2 billion in
2020 at a compound annual growth rate (CAGR) of -0.4%. The decline is mainly
due to economic slowdown across countries owing to the COVID-19 outbreak and
the measures to contain it. The market is then expected to recover and grow at
a CAGR of 10% from 2021 and reach $1227.1 billion in 2023.
The report covers the Hotel And Other
Travel Accommodation market’s segments-
1) By Type: Hotel And Motel,
Casino Hotels, Bed And Breakfast Accommodation, All Other Traveler
Accommodation.
2) By Mode Of Booking: Online Bookings, Direct Bookings, Others.
3) By Application: Tourist Accommodation (Leisure), Official Business
(Professional).
4) By Price Point: Economy, Mid-Range, Luxury.
5) By Ownership: Chained, Standalone.
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