Accommodation, Hospitality & Personal Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Hotel Rooms
Overview
Market size
$6.0B
global, USD
CAGR
4.7%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
5
tracked players
Signals
12
1 high severity
Market outlook
2031$7.5B
What changed
Demand by region
North America demand35%
Europe demand30%
Asia Pacific demand25%
Latin America demand5%
Middle East & Africa demand5%
share of global demandtotal 100%
Cost drivers
Labor and property operations45%
Real estate, rent, and capital depreciation25%
Utilities and chemical operations including pool treatment12%
Commercial construction and maintenance materials10%
Marketing, distribution, and franchise fees8%
share of delivered cost (analyst estimate)