Trends in Global Accommodations: Asia-Pacific’s Rise and Business Travel’s Comeback

Photo Credit: Hotel room in Bali, Indonesia unsplash.com / visualsofdana
Skift Take
We expect moderate growth through 2026, with the Asia-Pacific region once gain overtaking Europe and a pickup in business travel.
Skift Research estimates that the global accommodation market generated nearly $1.2 trillion in revenue in 2024, and in our latest report, project a rise to more than $1.3 trillion in 2026. Growth is driven by a combination of strong leisure travel and the rebound of business travel.
Our latest report updates the market size data from 2022. It includes a detailed regional analysis across the Americas,