Hospitality

Global Accommodation Sector Market Estimates 2025

Hospitality

Global Accommodation Sector Market Estimates 2025

March 2025
46 min read
Saniya Zanpure

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Skift Take

The global accommodation market, valued at $1.2 trillion in 2024, is projected to reach $1.3 trillion by 2026. Driven by increasing travel demand, the Asia-Pacific region is forecasted to overtake Europe in accommodation revenues by 2026. Despite ongoing geopolitical and regulatory challenges, we anticipate continued moderate growth for the accommodation sector.

Report Overview

This report provides an estimate of the global accommodation market, offering current market evaluation and future growth projections. It includes a detailed regional analysis across the Americas, Europe, the Asia-Pacific region, the Middle East and North Africa, and Africa (excluding North Africa). The report also analyzes subsectors of the market, such as hotels and short-term rentals, and the contribution of business and leisure travel to the accommodation sector. It updates the market-size data that Skift Research published in 2022.

This report is designed for hospitality industry professionals, hotel development executives, hospitality consultants, investors, online travel agencies, and technology providers. This information is essential to understand where opportunities for expansion lie. It can empower businesses to stay competitive, develop effective market strategies, and understand consumer spending by type of trip to align marketing efforts accordingly. This will help them make informed decisions regarding investment and expansion.

Given the dynamic nature of the accommodation industry, the report’s shelf life is approximately 1–2 years, after which new data and insights will be required to make more accurate projections.

What You'll Learn From This Report

  • Global accommodation market estimates by region from 2019 to 2026E
  • Global accommodation market estimates by sub-sector from 2019 to 2026E
  • Business and leisure travel spending on accommodation
  • Breakdown of accommodation revenue by online and offline booking channels
  • Breakdown of accommodation revenue by direct and third-party booking channels