Hospitality Real Estate Sector in USA

Hospitality Real Estate Sector in USA by Property Type (Hotels and Accommodation, Spas and Resorts, and Other Property Types) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: CG-1948
  • Author: Growth Market Reports
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  • No. Of Pages: 189
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The market size of hospitality real estate sector in USA is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to growing travel interests among the people.

USA clenches vast number of visitors from all across the globe. The popular cities in the United States attains high visitors rate, and the developed nation procures increasing number of business meetings and gatherings couples with a high rate of travelers. Moreover, the holiday season allure enormous visitors around the world.


Hospitality Real Estate Sector in USA summary

The USA has a expanding number of visitors coming from all around the world Approximately 76.9 million people visited the United States in 2017. The largest number of travelers comes from Ireland, Brazil, Argentina and South Korea. International spending also increased in 2017 coupled with the total number of visitors. The social media influencers and social networking sites are spreading awareness about the location by reviewing or visiting thus supplementing interest in travel among the youth, especially to the top destinations and most popular sites which is also creating great interest to visit that particular location. Online research and bookings, and platforms like Airbnb and other home-sharing platforms are gaining greater significance with the comforts they share like budget stay, etc. Travel has also become more affordable the US domestic airfares fell around 44 % (inflation-adjusted terms) from 1980 to 2016.

In order to lodge or accommodate the rising number of visitors, the investors are grasping the locations which consist of bigger and numerous stays. Several multinational companies are opting United States for their business seminars and consulting bodies for their business trips. The investors are investing more on those cities with high number of business trips than leisure as they attain lucrative opportunity for average occupancy rate and high revenue generated from those business trips. Los Angeles exceeded the list of construction projects in the pipeline followed by New York and Dallas.

Orlando, Florida observed the loftiest visitor number (75 million visitors) in 2018, followed by New York City, New York, and Chicago, Illinois. Theme parks like Walt Disney World and Universal Studios made Orlando number 1 city, beating New York which is the capital for finance and other business-related industries.

The Covid-19 pandemic had an unpleasant impact on the hospitality real estate sector in USA. The government imposed restrictions in travel and tourism. The market suffered significant loss; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • The rising standards of living, affordability to spend on an international trip, stressful lifestyles and the increasing number of working partners are the key factors estimated to drive the growth of international tourism.
  • Innovation and construction of hotel and accommodation is projected to propel the market expansion of hospitality real estate sector in the United States in coming years.
  • Shifting preferences in travelers, the amount they are willing to spend on their holiday, the diversity they are expecting from their accommodation are a few factors that are fueling the market.
  • The government simplifying the rules and regulations to construct or to renovate the existing hotels is anticipated to drive the market growth.
  • Stringent policies of the US government are likely to impede the market growth during the forecast period.
  • R&D investment and technological advancement in hospitality real estate sector in USA are expected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the hospitality real estate sector in USA includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Hospitality Real Estate Sector in USA - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Property Type (Hotels and Accommodation, Spas and Resorts, and Other Property Types)

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Wyndham Hotel Group, Choice Hotels International, Marriott International, Hilton Worldwide Holdings Inc and RLH Corporation

Market Segment insights

The hotels and accommodation segment is projected to constitute a large market share

Based on product type, the hospitality real estate sector in USA is segregated into hotels and accommodation, spas and resorts, and other property types. The hotels and accommodation segment is expected to account for a key share of the market during the forecast period owing to changing preferences in travelers, the amount they are willing to spend on their holiday, the diversity they are expecting from their accommodation. Furthermore, the government simplifying the rules and regulations to construct or to renovate the existing hotels is estimated to boost the market growth.


Hospitality Real Estate Sector in USA types

Segments

Segments Covered in the Report
The market of hospitality real estate sector in USA has been segmented on the basis of:-
Property Type

  • Hotels and Accommodation
  • Spas and Resorts
  • Other Property Types

Key Companies

  • Wyndham Hotel Group
  • Choice Hotels International
  • Marriott International
  • Hilton Worldwide Holdings Inc
  • RLH Corporation

 

Competitive Landscape

Key players competing in the market of hospitality real estate sector in USA include Wyndham Hotel Group, Choice Hotels International, Marriott International, Hilton Worldwide Holdings Inc and RLH Corporation.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Hospitality Real Estate Sector in USA keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hospitality Real Estate Sector Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Hospitality Real Estate Sector Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Hospitality Real Estate Sector Market - Supply Chain
  4.5. Global Hospitality Real Estate Sector Market Forecast
     4.5.1. Hospitality Real Estate Sector Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Hospitality Real Estate Sector Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Hospitality Real Estate Sector Market Absolute $ Opportunity
5. Global Hospitality Real Estate Sector Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Hospitality Real Estate Sector Market Size and Volume Forecast by Types
     5.3.1. Hotels and Accommodation
     5.3.2. Spas and Resorts
     5.3.3. Other Property Types
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Hospitality Real Estate Sector Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Hospitality Real Estate Sector Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Hospitality Real Estate Sector Demand Share Forecast, 2019-2026
7. North America Hospitality Real Estate Sector Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Hospitality Real Estate Sector Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Hospitality Real Estate Sector Market Size and Volume Forecast by Types
     7.4.1. Hotels and Accommodation
     7.4.2. Spas and Resorts
     7.4.3. Other Property Types
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Hospitality Real Estate Sector Demand Share Forecast, 2019-2026
8. Latin America Hospitality Real Estate Sector Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Hospitality Real Estate Sector Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Hospitality Real Estate Sector Market Size and Volume Forecast by Types
     8.4.1. Hotels and Accommodation
     8.4.2. Spas and Resorts
     8.4.3. Other Property Types
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Hospitality Real Estate Sector Demand Share Forecast, 2019-2026
9. Europe Hospitality Real Estate Sector Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Hospitality Real Estate Sector Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Hospitality Real Estate Sector Market Size and Volume Forecast by Types
     9.4.1. Hotels and Accommodation
     9.4.2. Spas and Resorts
     9.4.3. Other Property Types
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Hospitality Real Estate Sector Demand Share Forecast, 2019-2026
10. Asia Pacific Hospitality Real Estate Sector Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Hospitality Real Estate Sector Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Hospitality Real Estate Sector Market Size and Volume Forecast by Types
     10.4.1. Hotels and Accommodation
     10.4.2. Spas and Resorts
     10.4.3. Other Property Types
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Hospitality Real Estate Sector Demand Share Forecast, 2019-2026
11. Middle East & Africa Hospitality Real Estate Sector Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Hospitality Real Estate Sector Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Hospitality Real Estate Sector Market Size and Volume Forecast by Types
     11.4.1. Hotels and Accommodation
     11.4.2. Spas and Resorts
     11.4.3. Other Property Types
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Hospitality Real Estate Sector Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Hospitality Real Estate Sector Market: Market Share Analysis
  12.2. Hospitality Real Estate Sector Distributors and Customers
  12.3. Hospitality Real Estate Sector Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Wyndham Hotel Group
     12.4.2. Choice Hotels International
     12.4.3. Marriott International
     12.4.4. Hilton Worldwide Holdings Inc
     12.4.5. RLH Corporation

Segments Covered in the Report
The market of hospitality real estate sector in USA has been segmented on the basis of:-
Property Type

  • Hotels and Accommodation
  • Spas and Resorts
  • Other Property Types

Key Companies

  • Wyndham Hotel Group
  • Choice Hotels International
  • Marriott International
  • Hilton Worldwide Holdings Inc
  • RLH Corporation

 

Key players competing in the market of hospitality real estate sector in USA include Wyndham Hotel Group, Choice Hotels International, Marriott International, Hilton Worldwide Holdings Inc and RLH Corporation.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Hospitality Real Estate Sector in USA keyplayers

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