Hospitality industry stats 2021 In 2022, the hotel industry generated a turnover of Find statistics, consumer survey results and industry studies from over 22,500 sources on over 60,000 topics on the internet's leading statistics database Jul 11, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Nov 3, 2023 · Has the hospitality industry recovered? As the nation recovered and businesses reopened, leisure and hospitality started marking monthly gains in employment, particularly in February 2021 (with 372,000 jobs added) and July 2021 (284,000 jobs added). In essence, the entire industry is going through a simul- Hospitality in Germany Industry Report . are the major companies operating in this market. , 2021). While hospitality is one of the fastest-growing industries in the US, it experienced a significant dent in 2020 due to the pandemic. Products. Industry Growth and Recovery. In 2021, 2,246 Aug 5, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 The United States' Bureau of Labor Statistics accounted for 16. Our Castell@College initiative inspires students by showing them desirable futures through the hospitality industry. Dec 18, 2024 · According to the US Bureau of Labor Statistics, hospitality unemployment rates decreased from more than 15% in early 2021, to 6. The hotel industry is growing at an average rate of 10% each year. 6 percent in 2021, according to the most recent statistics from BEA’s Travel and Tourism Sate Hospitality market research report by Future Data Stats, offers a comprehensive view of the market's historical data from 2018 to 2021, capturing trends, growth patterns, and key drivers. 6 per hour in 2021. Figure 5. S. hospitality industry. Market size of the virtual tourism industry Nov 8, 2024 · In this article, we’ll dig into over 50 shocking statistics about the accommodations industry tapping critical datasets such as the bureau of labor statistics, travel industry organizations like the AHLA and Statista. After the steep decline seen during the coronavirus pandemic, AHLA's State of the Industry Report outlines the forecasted state of the hotel industry in 2021 and into the immediate future. Statistics for the 2025 Hospitality Industry in Germany market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aug 18, 2022 · The hospitality industry is a vast sector with many different categories that include recreation, lodging, entertainment, food and beverage. Jan 17, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Apr 22, 2024 · Global tourism industry - statistics & facts; Revenue of the hospitality industry in the Netherlands 2016-2020, by type Crocs' retail revenue worldwide 2018-2021, by region Oct 22, 2024 · The hospitality industry is expected to grow from $4,107. 57 billion in 2023. Netherlands Hospitality Industry Overview. 29 billion by 2030. In a statement published on its website, the CSO said, "Welcome to the twenty-first issue of the Central Statistics Office (CSO) annual Statistical Yearbook of Ireland 2021. 1 million employees subject to social security payments in 2024. 2% increase compared to the 194,495 tourists who visited in 2021. The number of filled jobs in the hospitality sector in Tāmaki Makaurau was 63,576 in March 2021. This section provides information relating to employment and unemployment in leisure and hospitality. In some ways, the last 2021 compared to August 2021 globally. The sector is also expected to support nearly 348 million jobs, an increase of 13. Find statistics, consumer survey results and industry studies from over 22,500 sources on over 60,000 topics on the internet's leading statistics database Travel, Tourism & Hospitality; Most Aug 26, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Feb 23, 2021 · The hospitality industry of Cameroon makes up part of the service sector, among others are telecommunications, trade, and banking. 27% to reach USD 53. Tourism refers to providing services and activities to domestic and international visitors for business, leisure or ot her purposes. 52 trillion in 2019 to under $1 trillion in 2020 and 2021. The Accommodation sector accounted for 36% of this output (€2. 3 million jobs, with leisure and hospitality accounting for 23. The report found that heading into 2021, consumers are optimistic about travel, with 56% of Americans saying they are likely to travel for leisure or vacation in 2021. While the roadmap isn't entirely clear just yet, it is certainly better defined. 89% to reach USD 702. The sector accounts for 6. Numbers in accordance with revision of employee statistics in August 2014 Apr 5, 2024 · Find statistics, consumer survey results and industry studies from over 22,500 sources on over 60,000 topics on the internet's leading statistics database Mar 1, 2021 · The hospitality business has seen substantial change throughout this time span and is still changing (Zhu et al. , the bleisure and wellness markets on the up, room demand set to reach an all-time high, booking. Jun 6, 2024 · Distribution of sales revenue in the hospitality industry in Japan 2021, by segment Short-term rental home sharing users in the U. (FinancesOnline) In the United States, the hospitality industry is expected to employ 1. eZee Absolute Online Hotel Management System. Indonesia Hospitality Real Estate analysis includes a market forecast outlook for 2025 to 2030 and historical overview. The German hospitality industry recorded over 1. Rise in Tourism in the Country is Driving the Hospitality Industry The rise in tourism in the country is driving the hospitality industry. Although this showed a The Hospitality Industry In Canada is expected to reach USD 41. Oct 26, 2021 · The Central Statistics Office (CSO) has highlighted 2020 Irish hospitality sector data in a newly-published Statistical Yearbook of Ireland. Besides, the hospitality industry has implemented computerized processes and AI in the systems, such as Find statistics, consumer survey results and industry studies from over 22,500 sources on over 60,000 topics on the internet's leading statistics database. The statistics are the result of expanding work across the industry to develop female, as well as male, talent for hotel companies. 9% of total employment in the United States according to the Bureau of Labor Statistics (BLS). 14 million by 2030. In 2022, there was a significant increase in international tourist arrivals to the country, with 719,978 visitors recorded for the year, a 270. UAE Hospitality analysis includes a market forecast outlook for 2025 to 2030 and historical overview. g. Get a sample of this industry analysis as a free report PDF download. May 31, 2024 · >> Download your white paper "The Guide to 2024 Hospitality Trends" Market Statistics for the Hospitality Industry in France. 83 billion by 2030. (CBRE) Dec 1, 2023 · Finally, the results will show whether employee turnover rates in the hospitality industry change mainly due to macroeconomic conditions or industry-specific factors, thereby refuting or supporting the work of neo-career theorists (Baruch, 2014; Hall, 2004; Waters et al. in official statistics (Box 1). Census data on second homes for recreational use; air passenger visitors to Nashville International Airport; mobile device geolocation data; and National Travel & Tourism Office statistics on international visitors. Whitbread Group, InterContinental Hotels Group, Travelodge, Accor SA and Marriott International, Inc are the major companies operating in this market. Statistics for the 2025 Hospitality Industry in Malaysia market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 9 percent from September 2020 to September 2021, compared with an increase of 4. Based on Based on estimates from Statistics Mauritius, the Tourism sector would account for 8. The hospitality industry is one of the major pillars of our economy in terms of contribution to GVA. The sector directly contributes £93 billion annually to the economy. Statistics for the 2025 UAE Hospitality market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Room capacity in the hospitality industry in Qatar 2016-2028 Number of hotel and similar lodging rooms Qatar 2008-2021 Total tourist arrivals Qatar 2023, by month Aug 8, 2024 · Size of the restaurant industry in the UK 2021-2026; Food service industry revenue in the UK 2008-2022; Food service industry revenue in the UK 2015-2022, by sector Dec 24, 2024 · AI Statistics in Hospitality in 2025 (Top Editor’s Pick) 1. economy is projected to add 8. 87% to reach USD 313. Due to the overwhelming 15 hours ago · Hotel Industry Statistics stated that almost 6% of travellers are willing to pay extra for an eco-friendly hotel. 76 billion by 2030. Shangri-La Hotels and Resorts, Mariott International, Inc, Amaya Resorts & Spa, Cinnamon Hotels & Resorts and InterContinental Hotels & Resorts are the major companies operating in this market. Wyndham Hotel Group LLC, Choice Hotels International Inc, Best Western International Inc, Coast Hotels Limited and Marriott International Inc are the major companies operating in this market. 3 million jobs from 2021 to 2031. The Hospitality Industry In Sri Lanka is expected to reach USD 503. hotel rooms are projected to remain empty in 2021. Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 hospitality industry leadership reflects broad awareness of the value of women in leadership. 43% to reach USD 1. 84 billion in 2025 and grow at a CAGR of 2. 0 percent in 2022 after increasing 53. The Netherlands hospitality industry is the consolidated market. The hospitality industry is a significant contributor to the tourism industry – the industries overlap considerably but are not the same. Hospitality Industry in Germany analysis includes a market forecast outlook for 2025 to 2030 and historical overview. The hospitality, catering, and tourism industry accounts for approximately 3% of the total global workforce . . were positions within the hospitality industry. Oct 17, 2022 · The Bureau of Labor Statistics projects the U. Let’s look at what the employment situation in the industry looks like: In May 2023, job openings per hotel averaged 21, down from 24 in 2022 but above 2019 levels. dollars) Premium Statistic Expected revenue of hospitality industry in the GCC 2021-2028 Oct 25, 2024 · Though growth slowed between 2021 and 2024, the restaurant and foodservice industry continues to grow. Jul 1, 2024 · With the advancement and prevalence of digital technologies, the hospitality industry is evolving into a smarter era (Pencarelli, 2020, Stylos et al. While some 200,000 jobs are expected to be filled this year, overall, the accommodations sector faces an 18. Aside from hospitality (30%), the water (27%) and health (23%) industries were most likely to be finding it more difficult than Jul 16, 2024 · Find the most up-to-date statistics on the hotel industry in Japan. 92 billion by 2028, driven by advancements in virtual assistants, predictive analytics, and automation technologies. November 2021 experienced a 2% decline from the previous month due to outbreaks and new travel restrictions. hospitality industry caused alarm amongst hospitality businesses and industry leaders. dollars) Premium Statistic Share of hotel projects in Dubai UAE 2022, by phase Oct 10, 2024 · Data sources such as the Labour Force Survey, real-time PAYE modernisation data from the Revenue Commissioners, admin sources and National Accounts were used to generate the following statistics. AI Market in Hospitality to Reach $0. Marriott International Inc, Accor SA, Hilton Worldwide Holdings Inc, Radisson Hotels and Meliá Hotels International SA are the major companies operating in this market. As a result, it is essential to collect all the The Hospitality Industry in South Africa is expected to reach USD 1. The labor shortage in the U. 55% to reach USD 22. versity hospitality programs, among men as well as women. 4 billion on Hospitality services abroad, and product taxes were €2 billion. The reported fiscal year ends on December 31. flying on an airplane) hoteliers are sensitive to ensure that once guests arrive at their destination that they do everything they can to minimize impact. The global hospitality industry grew at a rate of 7% per year, reaching $4,699. economy to add 8. dollars in 2021. However, growth accelerated throughout 2023, and the market size reached 24. Workforce Statistics. In terms of direct contribution to employment, the industry registered a share of 5. Jun 9, 2023 · The global hospitality industry is worth nearly $4. There are over 700,000 hotels in the world. 13 billion, with a growth rate of 18. However, broader work to upgrade the industry’s Find statistics, consumer survey results and industry studies from over 22,500 sources on over 60,000 topics on the internet's leading statistics database Inbound tourist spending in Nigeria Jan 10, 2024 · With hospitality statistics predicting a healthy expansion of the sector (e. 6% from 2022 to 2023—the year that saw the industry surpass $1 trillion in sales for the first time. 5 days ago · Designing Experiences that Shape Lives: The hospitality industry influences our daily routines through elements such as video games, movies, and television shows. The analysis incorporates data from STR hotel room nights sold; AirDNA data about short-term rentals; U. 1 billion U. 14 billion in 2025 and grow at a CAGR of 1. 6 million jobs on its 2019 record. Jun 3, 2024 · In 2023, the hospitality industry's revenue in Italy grew significantly compared to 2019, the year before the onset of the COVID-19 pandemic. Dec 19, 2023 · Find the most up-to-date statistics and facts on hotel industry in India Awareness and Training for Hospitality Industry). As of 2021, total revenue from Premium Statistic Number of employees in the hospitality industry in Germany 2004 Nov 2, 2021 · Compensation costs for workers in the leisure and hospitality industry increased 6. The market size of the hotel industry dropped from US$ 1. For example, in 2022 there were 16. In early 2021, hoteliers in Asia, Europe, and North Jun 10, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Apr 29, 2024 · Travel and Tourism Satellite Account for 2018-2022 The travel and tourism industry—as measured by the real output of goods and services sold directly to visitors—increased 21. In addition, half of U. Struggles to fill positions Jul 8, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 aspects of the hospitality industry. In 2023, the hospitality industry contributes $4. dollars. Hospitality Industry in Malaysia analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Most travellers book their hotels and flights about 12 weeks in advance, while 48% of experience bookings are made upon arrival. It’s almost hard to believe after the trials and tribulations that largely defined 2020, 2021, and the beginning of 2022. The rise in tourism in the country is driving the hospitality industry. Of those, 1. According to data from the National Restaurant Association (NRA), sales grew 8. Jan 25, 2024 · Forecasted revenue of the hospitality industry in the United Arab Emirates from 2021 to 2028 (in billion U. ; b. The global hospitality market displayed significant growth after the challenges of the COVID-19 pandemic. 8% in growth over the next four years. 45 billion in 2025 and grow at a CAGR of 4. 2 thousand U. It is predicted to recover and reach US$ 1. The total unfilled jobs were approximately 400,000. However, the pandemic Jun 10, 2024 · How will the hospitality industry be digitalized? In early 2021, executives in the global travel and hospitality industry had several plans for digitization in the pipeline. Between 2021 and 2031, the industry is projected to add 1. 7 Jan 22, 2021 · The report found that heading into 2021, consumers are optimistic about travel, with 56% of Americans saying they are likely to travel for leisure or vacation in 2021. However, readiness trends remained volatile through the end of the year. , 2014), who posit that macroeconomic conditions should drive career progression decisions, as they create the conditions Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Occupancy rate outlook for the United States lodging industry from 2019 to 2020 with a forecast for 2021 and 2022, by quarter [Graph], PwC, May 24, 2021. Jul 4, 2024 · While other accommodation options like Airbnb have become extremely popular, hotels are still a huge business globally, and in 2023 the hotel and resort industry market size worldwide reached In 2023, the market size of the hotel and motel sector in the United States grew to as much as 231. Like most of the European Union countries, the hospitality industry in the Netherlands is largely covered by most of the European-born companies, yet the number of international players and their brands also penetrates well in the region. Sep 1, 2023 · As a sector, leisure and hospitality makes up roughly 8. +74,000 Leisure and Hospitality Current Employment Statistics Summary, September 2021 CES Highlights Release Date: October 8, 2021 +60,000 Professional and Business Services Employment rose by 56,000 in the professional and technical industries, led by gains of 15,000 each in architectural and engineering services and in management and Jul 29, 2024 · Global tourism industry - statistics & facts Tourism & Hospitality in the United Kingdom increased dramatically from 2021 to 2022. 7 trillion in 2023, with forecasts predicting 23. Therefore, the hospitality industry is critical . Mar 15, 2024 · Find the most up-to-date statistics about the tourism industry in Germany. as it is one of the most important econ omic sectors and is currently a highly competitive . 94% to reach USD 11. The data are presented as both percentages and as the number of men per woman in a particular field or at a particular level. 7 billion British pounds that year In the period April to June 2021 there were an estimated 102,000 job vacancies in hospitality, nearly five and a half times higher than the 19,000 recorded in December to February 2021, and higher than pre-pandemic levels. Earnings. Find statistics, consumer survey results and industry studies from over 22,500 sources on over 60,000 topics on the internet's leading statistics database Jan 10, 2024 · Hotel Industry Employment Statistics. 53% to reach USD 66. Industry Statistics In a December 2023 Alliance report, 50% of respondents reported revenue decrease over past year, 37% remain optimistic for the future highlighting industry resilience View Report Forecasted revenue of the hospitality industry in Saudi Arabia from 2021 to 2028 (in billion U. ) Region-wise performance: Asia Pacific was reported as the largest region in the hotel and other travel accommodation market, accounting for 35. 1% of them. 4. 9% unemployment rate, according to the Bureau of Labor Statistics. Aug 16, 2024 · Tellingly, the market size of the UK’s hotel industry more than halved in 2021. Tourism & Hospitality. Hotel managers are striving to transform their old facilities into smart Jul 8, 2024 · Premium Statistic Expected revenue of hospitality industry in the GCC 2022-2028, by country Premium Statistic Business travel spending in the GCC 2012-2022 Malaysia Hospitality Industry Report . Sep 6, 2024 · Value of the secondhand apparel market worldwide from 2021 to 2028; Global tourism industry - statistics & facts . Oct 10, 2024 · Overall Hospitality Sector Analysis. 1 looks at median earnings per employee in 2021 in the Hospitality sector using administrative PAYE data. Statistics are presented below in a variety of ways, by field, level (title), and gender. Dec 4, 2024 · The hospitality industry employs approximately 10% of the global workforce. The industry shows strong signs of recovery after sustaining heavy losses during the Covid-19 pandemic. Mar 6, 2023 · Before we look into the hospitality industry Australia statistics for 2022, we have to understand how the industry got to that point by looking back at 2021. 1 below shows a summary of the 2021 Hospitality Supply Table. We trust that our data will support policymakers, industry professionals and individuals engaged in the evolution of travel. Dec 11, 2024 · For industry professionals, understanding these trends and statistics proved essential for staying competitive and meeting the demands of modern travelers. 42 billion in 2025 and grow at a CAGR of 4. , 2022). 80B in 2023. Oct 10, 2024 · The Hospitality sector generated output of €6. The global AI market in hospitality is projected to grow to $0. 4 billion). May 28, 2024 · Find the most up-to-date statistics and facts about the accommodation industry in Germany German hospitality industry revenues 2013-2022. 20 million in 2025 and grow at a CAGR of 6. AccorHotels, Louvre Hotels Group, B&B Hotels, Brit Hotels and Best Western Hotels & Resorts are the major companies operating in this market. This count excludes those jobs that would have been created in the absence of COVID-19. Impact on the hotel industry's key performance 2021 Indian Hospitality TRENDS & OPPORTUNITIES 03 towards rebooting and reimagining the business in its entirety. Oct 25, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Nov 22, 2022 · As of today, we are only weeks away from 2023. The report examines the high-level economics of the hotel industry’s recovery, the specific impact on and eventual return of business travel, and consumer travel sentiments. Businesses have needed to adapt to increasing remote work, changing travel patterns and new concerns over health and safety. Fewer people are staying in hotels due to fears Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 There were over 735,000 jobs in travel and tourism in Ghana in 2021. 60B in 2022 to $9,950B in 2028, with a compound annual growth rate (CAGR) of 16. , 2019 ). While most data are obtained from employer or establishment surveys, information on industry unemployment comes from a national survey of households. Employees at accommodation establishments in These difficulties coincide with a very busy time for recruitment, according to the latest labour market data, with hospitality among several industries posting record numbers of vacancies in June to August 2021. 35 billion by 2030. Jan 10, 2024 · Find the most up-to-date statistics and facts on the hospitality industry in Canada COVID-19's effect on hotel KPIs in Canada in November 2021. Post-election clarity and ADR increases likely to sustain hotel performance through 2025 amid modest demand growth. The report details the primary economic issues the industry faces as well as provides a unique workforce analysis that anticipates continued labor shortages as the country moves towards an endemic. May 1, 2022 · projected steady growth (Ruel & Njoku, 2021). 9 million jobs—23. Let's start with some general stats about the French market. 5 billion worth of services in 2021. as of December 2023. Nov 6, 2024 · Hotel Industry Statistics: As of 2019, there are over 700,000 hotels and resorts worldwide, with the US alone hosting around 91,000 hotels and motels generating more than $194 billion in annual revenue. 13% between 2023 and 2028. Historical and forecast trends for the hospitality sector in Tāmaki Makaurau are as follows: Feb 15, 2024 · UK Hospitality Industry - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) - The UK Hospitality Industry is expected to grow from USD 24. Sep 13, 2021 · The increasing speed of technological innovation in all industries has been a catalyst for the digitalization of the hospitality industry. 7 trillion to the global economy every year. Dec 19, 2023 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Statistics for the 2025 Indonesia Hospitality Real Estate market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 1 percent of all new jobs projected—are expected to be in leisure and hospitality. Employment Trends: The hospitality industry is a major employer, with 10% of the global workforce employed in tourism. In 2021, employment in the industry is only expected to grow by 200,000 jobs compared to 2020, resulting in a net loss of 478,245 hotel employees from pre-pandemic levels . Table 3. That is a large projected increase for a sector that made up 8. Value of M&A deals in the travel and hospitality India 2014-2021 Feb 21, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Jan 30, 2024 · Find the most up-to-date statistics and facts on the impact of the coronavirus pandemic on the global tourism industry. 1 percent for the 12 months ended September 2020. Global tourism industry - statistics & facts; Hotel industry worldwide - statistics & facts; Office for National Statistics (UK), Share of accommodation and food service businesses trading during the coronavirus pandemic in the United Kingdom (UK) from March 2020 to March 2021 Statista Contribution to the economy. [Statista] 68. Hospitality sector labour market and workforce insights. Many of the jobs available within the U. Jul 11, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Nov 8, 2024 · Hotels are a large stakeholder within local environmental ecosystems and given the hospitality industry’s carbon intensive nature (i. 1 below shows labour productivity in 2021 for the total Hospitality sector and its sub-sectors. 2019-2023 Hospitality and tourism labour turnover in the United Nov 23, 2023 · If so, you must check out these 24 hospitality industry statistics. S The UK Hospitality Industry is expected to reach USD 58. 1. 11 billion by 2029, at a CAGR of 2. 8 million workers in 2024. Hospitality industry overview: Key statistics 1. Overall readiness in November 2021 was 23% below the 2019 baseline. 27 billion in 2025 and grow at a CAGR of 5. 67 billion by 2030. ” April 2024 – Julia Simpson, WTTC President & CEO Nov 1, 2024 · The total equity of Gaming & Hospitality with headquarters in the United States amounted to -11,395. 88 billion in 2025 and grow at a CAGR of 13. Nov 6, 2023 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Jun 30, 2021 · June 2021; African Journal of Hospitality Tourism and Leisure 10(10(3)):1077-1091 The review also captured general trends and perennial challenges that plagued the hospitality industry as a Mar 1, 2023 · Hospitality industry GVA fell by 5% to goods and services supplied by the tourism and hospitality sectors to 30 September 2021 will allow businesses to keep more of the revenue on the goods According to the Bureau of Labor Statistics, the number of establishments related to hospitality and entertainment have been steadily rising throughout the past For instance, AI adds intelligence to the hospitality industry through AI-enhanced hotel and tourism operations and management systems, transforming the hospitality industry into an intelligent hotel and tourism industry (Ruel & Njoku, 2021). 1 hotel company CEOs who are men for every woman CEO. France has been the world's top tourist destination since 1990, with 100 million international tourist arrivals in 2023 - Comité Interministériel du Tourisme Mar 28, 2024 · This unprecedented expansion over the last decade has benefited the hospitality and tourism industry by stimulating the world population’s travel activity, adding countless room nights in both leisure and business travel. Vinpearl, Muong Thanh Hospitality, Accor Hotels, InterContinental Hotels Group and Marriott International are the major companies operating in this market. 2% in late 2024 (BLS). e. By fostering personalized and immersive experiences, it not only satisfies our desire for leisure and memorable moments, but also shapes how we connect, socialize, and envision the Oct 27, 2021 · The purpose of this study is to investigate the COVID-19 pandemic's ongoing impact on the U. 06 trillion in 2022. 9% of overall filled jobs in Tāmaki Makaurau. The Hospitality Industry In Vietnam is expected to reach USD 5. Between 2021 and 2031, the U. Several strides have been taken in recent months. Jul 19, 2024 · Office for National Statistics (UK), Turnover of enterprises in the food and beverage industry in the United Kingdom from 2008 to 2022 (in million GBP) Statista, https://www. 53% during the forecast period (2024-2029). The US lodging sector is expected to experience muted growth in 2025, driven by moderate increase in average daily room rates and stable occupancy levels, resulting in an annual increase in revenue per available room of 1. Local businesses rely on tourism statistics to forecast demand for their products and services, and hotels use tourism statistics to inform pricing strategies, staff schedules, and more. 8% of the global market in 2021, followed by North America, Western Europe, and other regions. Marriott International, Hilton Worldwide, Wyndham Hotels & Resorts, InterContinental Hotels Group (IHG) and Choice Hotels International Inc. 1% of 2023 GVA, in line with pre-covid Apr 3, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Mar 24, 2024 · Tourism is an important driver of economic activity, so tourism statistics provide insight into travel trends and the economic impact that may follow. Skip to content. Menu. Figure 2. Jul 11, 2024 · Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Hospitality Industry in Pakistan Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The Hospitality Industry in Pakistan is segmented by type of tourism (inbound tourism and outbound tourism) and type of hotel (economy and budget hotels, mid-scale hotels, upper-scale hotels, premium and luxury hotels, and other types of hotel (shared living spaces, rented apartments, service The Hospitality Industry in France is expected to reach USD 21. Jul 5, 2024 · In 2021, the value of the domestic hospitality and food sector in Vietnam was less than 17 million U. In 2021, the global hotel industry was worth $4. com as the most valuable tourism brand in the world, and new positions opening up in the sector), we can confirm that the hospitality industry is poised for a significant One of the biggest challenges the hospitality industry faced in 2020 and is facing at the start of 2021 is that many people have stopped traveling. 9 percent of total employment in 2021. com Jan 4, 2024 · Rise in Tourism in the Country is Driving the Hospitality Industry. There has been a remarkable growth in overall hotel infrastructure, even though there lie disparities between the hotel infrastructure and the rate of hotel occupancy ( Harilal et al. Value of the secondhand apparel market worldwide from 2021 to 2028 Like in other segments of the hospitality industry, Dec 19, 2024 · Leading leisure, hospitality, and recreation sectors in the United Kingdom from 2008 to 2022, by total turnover (in million GBP) [Graph], Office for National Statistics (UK), April 8, 2024. 5%. Labour productivity for the Hospitality sector was €21. The hotel industry is expected to generate $408. 9 million jobs—more than 23% of all jobs created—in large part because of a return to travel and dining out following the COVID-19 pandemic. This has been a year of upheaval due to the COVID-19 pan-demic. 7 percent in 2022. 82 million people working in the hospitality and leisure industry in the U. 5 billion) while Food & Beverage Service Activities accounted for 64% (€4. 8 billion in 2021. It establishes 2022 as the base year, analyzing the market landscape, consumer behavior, competition, and regulations. Oct 10, 2024 · For further productivity statistics on the Irish economy, see Productivity in Ireland 2021. India's hospitality sector has moved from despair to development. Covid-19 and the hotel industry statistics. The research was conducted using a national survey with almost 1,000 U. The pandemic was still going strong that year, with Australia's second lockdown causing a large portion of the hospitality industry to grind to a halt from June to October. Of this, total domestic supply was €7 billion, while Irish residents spent €1. Sole proprietorship hotels in the US generate an average annual revenue of $94,464. Aug 27, 2024 · The hospitality industry is a vast sector with many different sub-sectors that include recreation, lodging, entertainment, food and beverage which are constantly evolving. Overview Of The Hotel Industry Key Hotel Industry Statistics. 81 billion in 2024 to USD 28. In 2022, hospitality generated £54 billion in tax receipts and £20 billion in exports and attracted £7 billion in business investment. While 34% of adults are already comfortable staying in a hotel, 48% say their comfort is tied to vaccination in some way. Hospitality advanced education is the industry’s talent pipeline. How did the Coronavirus pandemic affect the global hotel & hospitality industry? 67. Hospitality in UAE Industry Report . The Hospitality sector in Ireland supplied a total of €10. The US Hospitality Market is expected to reach USD 247. [Online]. 92 Billion by 2028. Against this backdrop, digital transformation (DT) has become increasingly crucial for hospitality firms to improve customer experiences and gain competitive advantages (Helal, 2023, Iranmanesh et al. [Statista] 69. 87 billion by 2030. statista. kxfc mdk fvdcts pjn nss crssrnj wavfyoc fqat tlmk zsorwgsy