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Date Submitted: 09/18/2015 05:53 AM
Transparency Market
Research
Hotels Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 – 2021
Published Date
2015-07-20
98 Page Report
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Press Release
Hotels Market is Expected to Reach USD 702.74 Billion in
2021
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Hotels Market
REPORT DESCRIPTION
Hotels Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 – 2021
The hotel industry is one of the major sectors in the hospitality sector. Hotel facilities vary in
function, size, and cost. The facilities provided by hotels include swimming pool, childcare,
conference facilities, business centers, and social function services, among others. The booming
travel and tourism industry is one of the major factors boosting the growth of the hotel industry.
Apart from this, aggressive branding strategies adopted by the major players are also expected
to drive the growth of the hotels market. Hotels are classified based on services they offer into: 1
Star, 2 Star, 3 Star, 4 Star, 5 Star, and unrated. The one star hotels include tourist hotels; two
star hotels include standard hotels; 3 star hotels include comfort hotels; 4 star hotels include first
class hotels; and 5 star hotels include luxury hotels.
Browse The Market Research Report of Hotels
Market :http://www.transparencymarketresearch.com/hotels-market.html
The report has been segmented by type and region, and highlights the current market trends and
provides forecast for the period from 2015 to 2021. We have also covered the current market
scenario for hotels and highlighted the future trends that are likely to have an impact on the
demand for hotels. The report lists a number of hotels located across major countries in each of
the regions. The report also analyzes the...