According to Cognitive Market Research, the global Hotel Chains market size is USD 152158.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.21% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 60863.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 45647.46 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 34996.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 7607.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
Middle East and Africa held the market of around 2% of the global revenue with a market size of USD 3043.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
