Global Hospitality Market Size study with COVID-19 Impact, by Type (Food and Beverage Services, Non-Residential Accommodation services) and Regional Forecasts 2020-2026
Global Hospitality Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2019-2026. Hospitality industry is a broad service industry which offers lodging, food and drinks services to the customers. The industry has further expanded to cover event planning, theme parks, cruise lines and more. These facilities are mainly utilized by the tourist who doesn’t have access to accommodation and food service. Hence the growing tourism across the globe drives the market for Hospitality industry. As per the World Travel & Tourism Council, the tourism industry contributed USD 8.9 trillion to the global GDP in 2019 accounting for 10.3% of the global GDP. Also, it accounted for USD 1.7 trillion visitor exports of which 28.3% were global services exports. Further, the rising trend to travel places among the youth further fuels the market growth. Moreover, the growing ease of travel with number of international travel departures increasing aids the market for Tourism. As per the World Travel & Tourism Council, the tourism industry contributed USD 8.9 trillion to the global GDP in 2019 accounting for 10.3% of the global GDP. Also, it accounted for USD 1.7 trillion visitor exports of which 28.3% were global services exports. Further, promotions from various travel organizations such as World Tourism Organization, rising investments to create amenities and luxury hotels further boosts the market growth. As per the WTTC, in 2019 the global tourism sector witnessed a USD 948 billion capital Investments. Although, the spread of the COVID-19 has brought a large-scale disruption in the tourism market. As with the surging pandemic, travel restrictions have been imposed by governments since January 2020 across the globe to stop the spread of the disease. This has closed majority of the tourist places across the globe. As per the report by the World Tourism Organization, 96% of all worldwide destinations have introduced travel restrictions in response to the pandemic as of 6 April, 2020. Of these around 90 destinations are completely or partially closed for tourists. This restriction on travel and tourist places have brought a steep decline in the bookings and check in in hotels. However, factors such as natural calamities, political unrests impede the growth of the market over the forecast period of 2020-2026.
The regional analysis of global Hospitality market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of large number of hotels and amenities across the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising disposable income, changing life style and growing accommodation and travel industry would create lucrative growth prospects for the Hospitality market across Asia-Pacific region.
Major market player included in this report are:
Compass Group PLC
Marriott International Inc.
Starbucks Coffee
Subway
Sodexo
Aramark Corporation
McDonald's Corporation
Hilton Worldwide Holding Inc.
Chick-fil-A
Elior Group S.A
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Food and Beverage Services
Non-Residential Accommodation services
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 20198
Forecast period – 2020 to 2026
Target Audience of the Global Hospitality Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
The regional analysis of global Hospitality market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of large number of hotels and amenities across the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising disposable income, changing life style and growing accommodation and travel industry would create lucrative growth prospects for the Hospitality market across Asia-Pacific region.
Major market player included in this report are:
Compass Group PLC
Marriott International Inc.
Starbucks Coffee
Subway
Sodexo
Aramark Corporation
McDonald's Corporation
Hilton Worldwide Holding Inc.
Chick-fil-A
Elior Group S.A
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Food and Beverage Services
Non-Residential Accommodation services
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 20198
Forecast period – 2020 to 2026
Target Audience of the Global Hospitality Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Hospitality Market, by Region, 2018-2026 (USD Billion)
1.2.2. Hospitality Market, by Type, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL HOSPITALITY MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL HOSPITALITY MARKET DYNAMICS
3.1. Hospitality Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
CHAPTER 4. GLOBAL HOSPITALITY MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL HOSPITALITY MARKET, BY TYPE
5.1. Market Snapshot
5.2. Global Hospitality Market by Type, Performance - Potential Analysis
5.3. Global Hospitality Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4. Hospitality Market, Sub Segment Analysis
5.4.1. Food and Beverage Services
5.4.2. Non-Residential Accommodation services
CHAPTER 6. GLOBAL HOSPITALITY MARKET, REGIONAL ANALYSIS
6.1. Hospitality Market, Regional Market Snapshot
6.2. North America Hospitality Market
6.2.1. U.S. Hospitality Market
6.2.1.1. Type breakdown estimates & forecasts, 2016-2026
6.2.2. Canada Hospitality Market
6.3. Europe Hospitality Market Snapshot
6.3.1. U.K. Hospitality Market
6.3.2. Germany Hospitality Market
6.3.3. Rest of Europe Hospitality Market
6.4. Asia-Pacific Hospitality Market Snapshot
6.4.1. China Hospitality Market
6.4.2. India Hospitality Market
6.4.3. Japan Hospitality Market
6.4.4. Rest of Asia Pacific Hospitality Market
6.5. Latin America Hospitality Market Snapshot
6.5.1. Brazil Hospitality Market
6.5.2. Mexico Hospitality Market
6.6. Rest of The World Hospitality Market
CHAPTER 7. COMPETITIVE INTELLIGENCE
7.1. Top Market Strategies
7.2. Company Profiles
7.2.1. Compass Group PLC
7.2.1.1. Key Information
7.2.1.2. Overview
7.2.1.3. Financial (Subject to Data Availability)
7.2.1.4. Product Summary
7.2.1.5. Recent Developments
7.2.2. Marriott International Inc.
7.2.3. Starbucks Coffee
7.2.4. Subway
7.2.5. Sodexo
7.2.6. Aramark Corporation
7.2.7. McDonald's Corporation
7.2.8. Hilton Worldwide Holdings Inc.
7.2.9. Chick-fil-A
7.2.10. Elior Group S.A
CHAPTER 8. RESEARCH PROCESS
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Hospitality Market, by Region, 2018-2026 (USD Billion)
1.2.2. Hospitality Market, by Type, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL HOSPITALITY MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL HOSPITALITY MARKET DYNAMICS
3.1. Hospitality Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
CHAPTER 4. GLOBAL HOSPITALITY MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL HOSPITALITY MARKET, BY TYPE
5.1. Market Snapshot
5.2. Global Hospitality Market by Type, Performance - Potential Analysis
5.3. Global Hospitality Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4. Hospitality Market, Sub Segment Analysis
5.4.1. Food and Beverage Services
5.4.2. Non-Residential Accommodation services
CHAPTER 6. GLOBAL HOSPITALITY MARKET, REGIONAL ANALYSIS
6.1. Hospitality Market, Regional Market Snapshot
6.2. North America Hospitality Market
6.2.1. U.S. Hospitality Market
6.2.1.1. Type breakdown estimates & forecasts, 2016-2026
6.2.2. Canada Hospitality Market
6.3. Europe Hospitality Market Snapshot
6.3.1. U.K. Hospitality Market
6.3.2. Germany Hospitality Market
6.3.3. Rest of Europe Hospitality Market
6.4. Asia-Pacific Hospitality Market Snapshot
6.4.1. China Hospitality Market
6.4.2. India Hospitality Market
6.4.3. Japan Hospitality Market
6.4.4. Rest of Asia Pacific Hospitality Market
6.5. Latin America Hospitality Market Snapshot
6.5.1. Brazil Hospitality Market
6.5.2. Mexico Hospitality Market
6.6. Rest of The World Hospitality Market
CHAPTER 7. COMPETITIVE INTELLIGENCE
7.1. Top Market Strategies
7.2. Company Profiles
7.2.1. Compass Group PLC
7.2.1.1. Key Information
7.2.1.2. Overview
7.2.1.3. Financial (Subject to Data Availability)
7.2.1.4. Product Summary
7.2.1.5. Recent Developments
7.2.2. Marriott International Inc.
7.2.3. Starbucks Coffee
7.2.4. Subway
7.2.5. Sodexo
7.2.6. Aramark Corporation
7.2.7. McDonald's Corporation
7.2.8. Hilton Worldwide Holdings Inc.
7.2.9. Chick-fil-A
7.2.10. Elior Group S.A
CHAPTER 8. RESEARCH PROCESS
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption
LIST OF TABLES
TABLE 1. List of secondary sources, used in the study of global Hospitality market
TABLE 2. List of primary sources, used in the study of global Hospitality market
TABLE 3. Global Hospitality market, report scope
TABLE 4. Years considered for the study
TABLE 5. Exchange rates considered
TABLE 6. Global Hospitality market estimates & forecasts by region 2016-2026 (USD billion)
TABLE 7. Global Hospitality market estimates & forecasts by type 2016-2026 (USD billion)
TABLE 8. Global Hospitality market by segment, estimates & forecasts, 2016-2026 (USD billion)
TABLE 9. Global Hospitality market by region, estimates & forecasts, 2016-2026 (USD billion)
TABLE 10. Global Hospitality market by segment, estimates & forecasts, 2016-2026 (USD billion)
TABLE 11. Global Hospitality market by region, estimates & forecasts, 2016-2026 (USD billion)
TABLE 12. U.S. Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 13. U.S. Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 14. Canada Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 15. Canada Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 16. UK Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 17. UK Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 18. Germany Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 19. Germany Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 20. RoE Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 21. RoE Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 22. China Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 23. China Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 24. India Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 25. India Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 26. Japan Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 27. Japan Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 28. RoAPAC Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 29. RoAPAC Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 30. Brazil Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 31. Brazil Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 32. Mexico Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 33. Mexico Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 34. RoLA Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 35. RoLA Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 36. RoW Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 37. RoW Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 1. List of secondary sources, used in the study of global Hospitality market
TABLE 2. List of primary sources, used in the study of global Hospitality market
TABLE 3. Global Hospitality market, report scope
TABLE 4. Years considered for the study
TABLE 5. Exchange rates considered
TABLE 6. Global Hospitality market estimates & forecasts by region 2016-2026 (USD billion)
TABLE 7. Global Hospitality market estimates & forecasts by type 2016-2026 (USD billion)
TABLE 8. Global Hospitality market by segment, estimates & forecasts, 2016-2026 (USD billion)
TABLE 9. Global Hospitality market by region, estimates & forecasts, 2016-2026 (USD billion)
TABLE 10. Global Hospitality market by segment, estimates & forecasts, 2016-2026 (USD billion)
TABLE 11. Global Hospitality market by region, estimates & forecasts, 2016-2026 (USD billion)
TABLE 12. U.S. Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 13. U.S. Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 14. Canada Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 15. Canada Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 16. UK Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 17. UK Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 18. Germany Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 19. Germany Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 20. RoE Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 21. RoE Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 22. China Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 23. China Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 24. India Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 25. India Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 26. Japan Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 27. Japan Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 28. RoAPAC Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 29. RoAPAC Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 30. Brazil Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 31. Brazil Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 32. Mexico Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 33. Mexico Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 34. RoLA Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 35. RoLA Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
TABLE 36. RoW Hospitality market estimates & forecasts, 2016-2026 (USD billion)
TABLE 37. RoW Hospitality market estimates & forecasts by segment 2016-2026 (USD billion)
LIST OF FIGURES
FIG 1. Global Hospitality market, research methodology
FIG 2. Global Hospitality market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Hospitality market, key trends 2019
FIG 5. Global Hospitality market, growth prospects 2020-2026
FIG 6. Global Hospitality market, porters 5 force model
FIG 7. Global Hospitality market, pest analysis
FIG 8. Global Hospitality market, value chain analysis
FIG 9. Global Hospitality market by segment, 2016 & 2026 (USD billion)
FIG 10. Global Hospitality market by segment, 2016 & 2026 (USD billion)
FIG 11. Global Hospitality market, regional snapshot 2016 & 2026
FIG 12. North America Hospitality market 2016 & 2026 (USD billion)
FIG 13. Europe Hospitality market 2016 & 2026 (USD billion)
FIG 14. Asia pacific Hospitality market 2016 & 2026 (USD billion)
FIG 15. Latin America Hospitality market 2016 & 2026 (USD billion)
FIG 16. Global Hospitality market, company market share analysis (2019)
FIG 1. Global Hospitality market, research methodology
FIG 2. Global Hospitality market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Hospitality market, key trends 2019
FIG 5. Global Hospitality market, growth prospects 2020-2026
FIG 6. Global Hospitality market, porters 5 force model
FIG 7. Global Hospitality market, pest analysis
FIG 8. Global Hospitality market, value chain analysis
FIG 9. Global Hospitality market by segment, 2016 & 2026 (USD billion)
FIG 10. Global Hospitality market by segment, 2016 & 2026 (USD billion)
FIG 11. Global Hospitality market, regional snapshot 2016 & 2026
FIG 12. North America Hospitality market 2016 & 2026 (USD billion)
FIG 13. Europe Hospitality market 2016 & 2026 (USD billion)
FIG 14. Asia pacific Hospitality market 2016 & 2026 (USD billion)
FIG 15. Latin America Hospitality market 2016 & 2026 (USD billion)
FIG 16. Global Hospitality market, company market share analysis (2019)
