Includes projected global hotel industry revenue, hotel occupancy and room rates; business, predicted hotel technology, and predicted hotel marketing trends for 2016
• The global hotel industry revenue is predicted to reach $550 billion dollars in 2016.
• Europe and Asia Pacific are key regions with the highest hotel occupancy rates at over 68% respectively.
• The Middle East and Africa are the most expensive regions for hotel rates with a $165.97 dollar daily room rate on average.
Infographic provided courtesty of Michelle Mangan.
