MICE, Travel & Hospitality Indirect · Indirect
Monitoring · monthly
Procurement Category Intelligence

Conference Hotels

Overview
Market size
$85.3B
global, USD
CAGR
4.7%
base to forecast
Buyer power
-2.1
supplier-favoured
Suppliers
7
tracked players
Signals
12
monitored

Market outlook

2031$107.3B

What changed

Demand by region

North America demand40%
Europe demand30%
Asia Pacific demand20%
Rest of world demand10%
share of global demandtotal 100%

Cost drivers

Labor and workforce operations35%
Real estate, rent, and property tax25%
Food and beverage perishables15%
Utilities and energy management15%
Furniture, fixtures, and equipment capex10%
share of delivered cost (analyst estimate)

Supplier watchlist

7 tracked

Related categories

Corporate Travel Management - TMCOnline Booking ToolsAirline GDS SubscriptionsAirline Corporate ContractsHotel Corporate Rate ProgramsHotel Group Booking ServicesConvention Center RentalTrade Show Floor Space