This question is about hotel industry statistics.

What is the growth rate of the hotel industry?

By Zippia Team - Jun. 29, 2022

The growth rate of the hotel industry is 19.1%. This was the CAGR from 2020 to 2021 as the global hotel industry reopened after the COVID-19 pandemic lockdowns began to lift.

This is an unusually high growth rate, but the industry is expected to continue to grow from 2021 to 2025, just at a slower CAGR of 7%.

What is the growth rate of the hotel industry?

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