Hospitality Global Market Briefing 2017

The hospitality industry covers lodging and dining services. It comprise businesses that provide customers with lodging, prepared meals, snacks and beverages for immediate consumption. It includes both accommodation and food service establishments as the two activities are often combined at the same establishment.

The largest geographic markets by consumption in the hospitality sector are Asia and the Americas. Asia was the largest region in the hospitality market in 2016, accounting for nearly 38% market share. The Americas was the second largest region accounting for 37% market share.


Major hotel brands are employing digital hotel room keys to increase guest convenience. Smart room access systems allow guests to unlock their doors by simply swiping their phones across a keyless pad on the door. Using a smart phone key eliminates problems in the event of key loss or demagnetization of the plastic key card. For example, Starwood Hotels and Resorts introduced a bluetooth-enabled room unlocking app that allows guests to access their hotel rooms through their smartphone.

Hospitality Market Characteristics 4
Hospitality Market Historic Growth 5
Drivers Of The Market 6
Restraints On The Market 6
Hospitality Market Forecast Growth 8
Drivers Of The Market 9
Restraints On The Market 9
Hospitality Market Comparison With Other Markets 11
Hospitality Market Historic and Forecast Growth Comparison With Other Markets 12
Hospitality Market Segmentation 13
Global Hospitality Market, Split By Segments, 2016, $ Billion 13
Global Hospitality Market, Historic and Forecast, Split By Segments, 2012-2020 14
Hospitality Market Geography Regional and Country Comparison 15
Global Hospitality Market, Split By Regions, 2016 15
Global Hospitality Market, Historic And Forecast Growth Rate, Split By Region, 2011-2019 17
Global Hospitality Market, Split By Country, 2016 19
Global Hospitality Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020 21
Hospitality Market Competitive Landscape 23
McDonald's 24
Compass Group PLC 25
Subway 26
Starbucks Corporation 26
Sodexo 27
Marriot International, Inc 27
Hospitality Market Key Mergers And Acquisitions 29
Hospitality Market Trends And Strategies 30
Innovative Hotel Designing 30
Increased Automation In Hotels 30
Smart Room Keys 30
Mobile Apps For Marketing 31
Adapting To Regional Preferences 31
Hospitality Appendix 32
NAICS Definitions Of Industry Covered In This Report 32
Research Methodology 34
Abbreviations 34
Currencies 34
Research Inquiries 34
The Business Research Company 34