How big is the UK Hospitality Industry?

The UK Hospitality Industry size is expected to reach USD 57.39 billion in 2024 and grow at a CAGR of 2.53% to reach USD 65.02 billion by 2029. Read More

What is the current UK Hospitality Industry size?

In 2024, the UK Hospitality Industry size is expected to reach USD 57.39 billion. Read More

Who are the key players in UK Hospitality Industry?

Whitbread Group, InterContinental Hotels Group, Travelodge, Accor SA and Marriott International, Inc are the major companies operating in the UK Hospitality Industry. Read More

What years does this UK Hospitality Industry cover, and what was the market size in 2023?

In 2023, the UK Hospitality Industry size was estimated at USD 55.94 billion. The report covers the UK Hospitality Industry historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the UK Hospitality Industry size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Hospitality Industry in UK - Statistics & Analysis & Market Share

Hospitality Industry in UK Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Hospitality Market in the UK is Dynamic and Competitive, With A Mix of Domestic and International Brands in the Hotel and Restaurant Sectors. Despite Brexit Uncertainties, The Tourism Sector Saw Increased Investments in 2021, Particularly in London, Due To Rising Travel and Demand for New Accommodation. This Growth is Attracting Investors To Service Apartments, Shared Spaces, and Over 88 New Hotel Projects. Major Players in the Leisure and Entertainment Market Include Whitbread Group, Intercontinental Hotels Group, Travelodge, Accor SA, and Marriott International, Inc.

United Kingdom Hospitality Industry Overview

The market is fragmented with the presence of many players. The industry is a combination of domestic and international brands that share high competition. Their strategies include partnership approaches with government bodies, training stakeholders, and industry bodies to enhance workforce skills and efficiency. The key players include the Whitbread Group, InterContinental Hotels Group, Travelodge, Accor SA, and Marriott International Inc.