How big is the Hospitality Real Estate Market?

The Hospitality Real Estate Market size is expected to reach USD 0.55 trillion in 2024 and grow at a CAGR of 14.57% to reach USD 1.08 trillion by 2029. Read More

What is the current Hospitality Real Estate Market size?

In 2024, the Hospitality Real Estate Market size is expected to reach USD 0.55 trillion. Read More

Who are the key players in Hospitality Real Estate Market?

InterContinental Hotels Group, Hilton Worldwide Holdings Inc., Marriott International, Inc., Choice Hotels International, Inc. and Wyndham Hotel Group, LLC. are the major companies operating in the Hospitality Real Estate Market. Read More

Which is the fastest growing region in Hospitality Real Estate Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Hospitality Real Estate Market?

In 2024, the Asia-Pacific accounts for the largest market share in Hospitality Real Estate Market. Read More

What years does this Hospitality Real Estate Market cover, and what was the market size in 2023?

In 2023, the Hospitality Real Estate Market size was estimated at USD 0.47 trillion. The report covers the Hospitality Real Estate Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Hospitality Real Estate Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Hospitality Real Estate Market - Report, Companies & Outlook

Hospitality Real Estate Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Hospitality Real Estate Market Report is Segmented by Property Type (hotels and Accommodations, Spas and Resorts, and Themed Properties) and Geography (Asia-Pacific, North America, Europe, Latin America, Middle-East, and Africa). The Report Offers Market Size and Forecasts for the Hospitality Real Estate Sector in Value (USD) for all the Above Segments.

Hospitality Real Estate Industry Overview

The hospitality real estate sector is a competitive market with many players who are already well-established in their respective regions. Some of the major players present in the market include InterContinental Hotels Group, Wyndham Hotel Group LLC, Choice Hotels International Inc., Marriott International Inc., Hilton Worldwide Holdings Inc., etc.

Most of the players are expanding their business by investing strategically in partnerships, acquisitions, etc. For instance, in January 2024, InnVest Hotels (InnVest), one of Canada's leading hospitality companies, announced the acquisition of 10 Ontario and Halifax Hotels. The acquisition will grow InnVest's Marriott branded franchise and managed portfolio to 14 hotels making us one of the largest owners of the brand in Canada.

Furthermore, hotels and accommodations, luxury hotels, and resorts are the most invested segments in the hospitality real estate sector by the developers. In addition, significant growth in tourism and traveling across the globe leverages market growth by grabbing the attention of various investors.