DUBLIN--(BUSINESS WIRE)--The "Hotel and Other Travel Accommodation Market Global Briefing 2018" report has been added to ResearchAndMarkets.com's offering.
The Hotel and Other Travel Accommodation Market Global Briefing 2018 provides strategists, marketers and senior management with the critical information they need to assess the global hotel and other travel accommodation market.
The hotel and other travel accommodation industry provides short-term accommodation, meals and other guest services for travelers and tourists. Establishments in this industry may include hotels, motels, resort hotels and others.
The largest geographic markets by consumption in the hotel and other travel accommodation sector are the Americas and Asia. North America was the largest region in the hotel and other travel accommodation market in 2017, accounting for around 36% market share. Asia Pacific was the second largest region accounting for around 25% market share. Africa was the smallest region accounting for around 3% market share.
Hotels are using technologies that are transforming customer experiences. Some technologies are leading to great improvements and savings to the hotel and other travel accommodation market. The most significant trend in the accommodation industry is the use of near-field-communication (NFC) technology, infrared technologies, and robots.
NFC gives users the ability to exchange data between devices, making mobile payments an instant, secure process. Infrared sensors are used in hotels to address customer complaints involving housekeeping interruptions. Hotels are also using robots to deliver amenities to guest rooms and for other functional purposes. Hotel operators are investing in systems and technologies that can automate processes, cut costs and personalize the experience for guests.
- Markets Covered: Hotels and Motels, Casino Hotels, Bed and Breakfast Accommodation and All Other Traveler Accommodation
- Time Series: Five years historic and forecast.
- Data: Market value in $ billions.
- Data Segmentations: Regional breakdowns, market share of competitors, key sub segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Compass Group plc
- Yum! Brands
- Aramark Corporation
- Darden Restaurants Inc.
- Bloomin' Brands Inc.
- Brinker International Inc
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