Hotel Statistics

Hotel statistics 2026

The hotel industry remains one of the biggest categories in global travel and hospitality. In 2026, the strongest way to frame the sector is through accommodation-market size, travel recovery, and hotel revenue outlook rather than relying mostly on historical hotel trivia.

Quick Answer (2026): Skift estimated the global accommodation market at about $1.2 trillion in 2024 and projected it to reach $1.3 trillion by 2026. STR’s February 2026 forecast assumptions also pointed to modest continued hotel revenue growth in 2026.

Hotel industry key statistics

Metric Figure Period
Global accommodation market $1.2 trillion 2024
Projected accommodation market $1.3 trillion 2026
Forecast RevPAR growth 1.1% 2026
U.S. hotel salaries, wages, and benefits $127 billion 2025
Projected U.S. hotel salaries, wages, and benefits $131 billion 2026

How big is the hotel market?

The global accommodation market is already worth well over a trillion dollars. Skift estimated the sector at $1.2 trillion in 2024 and projected it to reach $1.3 trillion by 2026.

What is the 2026 outlook?

STR’s February 2026 forecast assumptions pointed to 1.1% RevPAR growth in 2026. That suggests continued expansion, but at a more measured pace than the strongest rebound years following the pandemic.

Travel demand still supports hotels

JLL said international tourist arrivals surpassed pre-pandemic levels in 2025, which is one of the clearest signs that global lodging demand has largely recovered. At the same time, labor costs remain a major issue for the sector.

Hotel facts that still hold up

  • Nishiyama Onsen Keiunkan in Japan is widely recognized as one of the oldest operating hotels in the world.
  • Room service and other now-standard hotel features were developed over time in major urban hotels during the 19th and early 20th centuries.
  • Luxury, resort, budget, and extended-stay properties now serve very different parts of the hotel market.

FAQ

How big is the hotel market?

One recent estimate placed the global accommodation market at $1.2 trillion in 2024.

Is the hotel industry still growing in 2026?

Yes, though growth is modest. STR forecast 1.1% RevPAR growth for 2026.

Has travel demand recovered?

Yes. JLL said international tourist arrivals surpassed pre-pandemic levels in 2025.

Sources / References

DMR » Stats and Fun Facts » Travel Statistics » Hotel Statistics