percent - there was also a notable increase in hotel booking growth during the summer months of June and August. As of 2024, Vietnam and China stood out as the countries with the highest share of consumers booking hotels or private accommodation. Meanwhile, countries with the lowest share of hotel and private accommodation bookings were Hungary and Pakistan.
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Market size of the hotel and resort industry worldwide in 2022 and 2023
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
IBISWorld. (February 26, 2024). Market size of the hotel and resort industry worldwide in 2022 and 2023 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved July 05, 2025, from https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/
IBISWorld. "Market size of the hotel and resort industry worldwide in 2022 and 2023 (in trillion U.S. dollars)." Chart. February 26, 2024. Statista. Accessed July 05, 2025. https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/
IBISWorld. (2024). Market size of the hotel and resort industry worldwide in 2022 and 2023 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: July 05, 2025. https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/
IBISWorld. "Market Size of The Hotel and Resort Industry Worldwide in 2022 and 2023 (in Trillion U.S. Dollars)." Statista, Statista Inc., 26 Feb 2024, https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/
IBISWorld, Market size of the hotel and resort industry worldwide in 2022 and 2023 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/ (last visited July 05, 2025)
Market size of the hotel and resort industry worldwide in 2022 and 2023 (in trillion U.S. dollars) [Graph], IBISWorld, February 26, 2024. [Online]. Available: https://www.statista.com/statistics/1186201/hotel-and-resort-industry-market-size-global/
Advertisement
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.