Global Hotel Industry & Trends for 2016 – an Infographic

December 17, 2015

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. ...