london hotel market report


  • What is the current market for hotels?

    The market size of the Global Hotels market was worth US $ 822.86 Bn. in 2021.
  • What is the UK hotel market forecast?

    Revenue in the Hotels segment is projected to reach US$21.07bn in 2023.
  • How do you analyze a hotel market?

    To assess the market performance of your hotel, you'll need to get a hold of data on occupancy, average daily rate (ADR), and revenue per available room (RevPAR) of your local competitors. You can often find competitors' data in press releases or in industry reports, like those conducted by Smith Travel Research.
  • The State of the Hospitality Market was valued at USD 4,107.60 billion in 2022 and is expected to reach USD 9,950 billion in 2028 with a CAGR of 16.13% during the forecast period 2023 to 2028.
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