Jan 14, 2020 (Xherald via COMTEX) --
Hospitality Global Market Report 2019
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.
Top Leading Companies mentioned are
McDonald's, Compass Group Plc, Starbucks, Subway, Marriott International, Inc.
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.
Asia Pacific was the largest region in the hospitality market in 2017, accounting foraround 45% market share. North America was the second largest region accounting for around 23% market share. Eastern Europe was the smallest region accounting for around 2% market share. The Hospitality Global Market Report provides strategists, marketers and senior management with the critical information they need to assess the global hospitality market.
Request a Sample copy of this report at :
This report provides a detailed analysis of the Hospitality market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Essential points covered in Global Hospitality Market2019 Research are:-
What will the market size and the growth rate be in 2021?
What are the key factors driving the global Hospitality market?
What are the key markets trends impacting the growth of the global Hospitality market?
What are the challenges to market growth?
Who are the key vendors in the global Hospitality market?
What are the market opportunities and threats faced by the vendors in the global Hospitality market?
What are the key outcomes of the five forces analysis of the global Hospitality market?
This independent 600 pages report guarantees you will remain better informed than your competition. With over figures examining the Hospitality market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2021 .
Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Hospitality in these regions, from 2014 to 2021(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.